China
An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part I
In a recent interview with TNGlobal at the Cyberport Venture Capital Forum 2024 in Hong Kong, Cyberport Chief Public Mission Officer Eric Chan shared Cyberport’s plans, its longer-term vision and strategies moving forward.
Temasek-backed 65 Equity Partners acquires 13 percent stake in Chinese cloud platform Tuya
Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).
Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.
MAS announces green finance and capital markets initiatives to strengthen financial cooperation with China
The Monetary Authority of Singapore (MAS) has on Monday announced new green finance and capital markets initiatives to strengthen financial cooperation with China.
China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation
The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.
PayPay, Alipay+ extend enhanced e-wallet payment options to over 3 million merchants across Japan with expanded partnership
PayPay, Japan's top QR payment operator, has on Wednesday announced an expanded partnership with Alipay+, Ant International’s cross- border mobile payment and digitalization technology solution, broadening its merchant coverage network across Japan.
Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report
In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.
Cyberport Venture Capital Forum 2024 opens in Hong Kong, celebrates Cyberport Investors Network’s 7th anniversary with total investments surpassing $321.8M
Cyberport also celebrated the 7th anniversary of Cyberport Investors Network (CIN) established, and Cyberport start-ups' fundraising achievements.
Indonesia forms $1.2B battery venture with China’s EV battery maker CATL -report
Indonesia has announced a joint venture with China’s Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production.
Moody’s : Temasek and PIF will maintain advantage in intrinsic credit strength among rated peers
Singapore's state-owned fund Temasek Holdings Limited and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) will maintain advantage in intrinsic credit strength among rated peers, Moody's Ratings said Thursday.
