China
Singapore’s Temasek to halt investments in Chinese tech firms ‘temporarily’ amid Beijing crackdown – report
“It’s just that in China, the way it is being executed has been a little more blunt and quick, and that is why it has created a lot of shocks out there,” Sipahimalani was quoted as saying.
Hong Kong’s XanPool secures $27M funding round led by Valar Ventures to consolidate APAC presence and expand service offerings
XanPool software allows anyone to seamlessly enable Crypto to Fiat on- or offboarding, instantly executing and settling transactions without taking custody of customer funds. Its unique C2C software solution and liquidity network make the onboarding and offboarding infrastructure in crypto much more user-friendly, and resilient against existing…
What does China’s emissions trading scheme mean for businesses?
Like many other businesses, we see major opportunities in China. Not only is its market size and market value vast, but its commitment to carbon neutrality can make a huge impact on the global fight against climate change. It is inevitable that over time, all businesses operating in China will need to be part of the national solution. Data is the key--it…
Ninja Van bags $578M in Series E, ropes in Alibaba as investor
The funds will be allocated towards infrastructure and technology systems that will support a sustainable long-term cost structure, as well as the quality and consistency of Ninja Van’s operations.
Bank of China, DBS & HSBC join GSBN to form Trade Finance Advisory Group to transform global trade
The advisory group will explore the technical, legal, and regulatory frameworks needed to break the siloes between the global supply chain and financial institutions.
Alternative protein investor Lever VC announces $80M final close of Lever VC Fund I
Lever VC is also actively speaking with investors interested in Lever VC Fund II, which will begin raising early next year.
Malaysia SPAC AEI CapForce II Investment plans to raise $100M from IPO
At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million.
ADDX, ICHAM ink $200M agreement linked to China government-granted quota for offshore investments
ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…
Malaysia-based SPAC Kairous Acquisition files for a $50 million IPO on NASDAQ
The SPAC intends to focus on fast-growing technology companies in e-commerce, financial technology, insurance technology, digital health, digital media, and digital services.
