China
China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO
The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".
Climate tech startup Allinfra raises $6M in Series A funding round led by Nomura
Allinfra today announced the closing of its Series A funding round. Headquartered in Hong Kong, the company develops enterprise software designed to help institutions across a range of industries achieve their sustainability goals.
China’s EV maker NIO announces proposed secondary listing on Singapore Exchange
The company has received a conditional eligibility-to-list letter (ETL) from the Singapore Exchange Securities Trading Ltd on May 5, 2022.
Ant Group to become major shareholder of Singapore payment firm 2C2P
Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.
Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet
Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications.
Hong Kong’s Lalamove seeks to raise $500M fresh funds at $10B valuation – report
The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations for a US debut stalled.
Singapore’s Mighty Jaxx closes Series A funding with new strategic investors including iDreamSky Technology
Mighty Jaxx announced Tuesday the final, undisclosed close of its oversubscribed Series A+ funding round. The new tranche sees new strategic investors iDreamSky Technology Holdings Ltd along with another undisclosed, leading technology company with rich intellectual property (IP) resources coming onboard, fuelled by burgeoning interest in the phygital and…
China’s Greenland Financial Technology partners Singapore’s MetaVerse Green Exchange for cross-border digital carbon credits and crypto assets
Greenland Financial Technology Group (Shanghai), a core platform of Greenland Group, a global Fortune 500 company and one of Shanghai’s largest state-backed enterprises focusing on real estate, infrastructure and finance, and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), have…
Alibaba halts talks to raise $1B before Lazada IPO – report
It was reported that Alibaba had hoped to secure at least $1 billion but backed off after failing to secure its envisioned valuation.
