Policy & Regulations
Tiger Brokers, Futu and Longbridge penalised; US-listed shares plunge
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China deepens crackdown on cross-border brokers
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IFC to invest $50m in BlackRock-managed Asia infrastructure credit fund
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Shein to buy US apparel retailer Everlane
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India: Creator economy firm TIST Media raises seed round led by Sthira Partners
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Indonesia’s Seven Retail puts Golden Lamian on the block
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Indonesia prosecutors seek up to 12 years’ jail for TaniHub, investors in graft case
Deals
The fund is a blended finance vehicle with a target size of $750 million.
L Catterton is the majority owner of Everlane.
TIST provides infrastructure for brands and creators to collaborate across India and globally.
The group is looking to offload a sizeable stake in the Chinese noodle dining restaurant.
Greater China
The move would follow JD.com’s earlier UK efforts, including its failed takeover bid for Currys.
Singapore
Citi plans to hire about 100 private bankers globally.
Indonesia
Sentencing sought for former executives of the agritech startup, MDI Ventures, and BRI Ventures.
PCG Power said to be targeting a valuation of $2.5-3 billion for the offering.
Vietnam
The offering is scheduled to run from May 27 to June 17, 2026.