Chinese Biopharma Taibang Raises $300m, Stirs Relisting Murmurs - Nikkei Asia
SHANGHAI -- Taibang Biologic Group has raised $300 million from investors including the Abu Dhabi Investment Authority and Singaporean sovereign wealth fund GIC, the Chinese company said Tuesday. The biopharmaceutical company, formerly known as China Biologic Products, was previously listed on Nasdaq. It was taken private in April 2021 by a consortium led by Beijing-based Centurium Capital to focus its resources on the Chinese market.
Banks And Hedge Funds Fight For Macro Traders In Hong Kong
Hedge funds and investment banks are fighting over top trading talent in Hong Kong after a strong year for macro desks. Volatility has meant big returns for some funds while investment banks are looking to beef up their trading operations in fixed income commodities and currencies (FICC) as they look for growth as their corporate finance businesses underperform. Huatai Financial Holdings is building a macro distribution team in Hong Kong under Kurt Zhang who is head of the FICC sales team, according to traders.
Failed Griffin Coal Mine Owes Close To $1.5B To Creditors As Wa Electricity Grid Woes Loom - Abc News
The failed coal mine in Collie, 200km south of Perth, owes close to $1.5 billion to creditors, with the banks urged to "come clean" on their losses to avoid a potential disaster in WA's biggest electricity grid.
A16z Leads $40M Funding For Web3 Data Protocol Golden
The protocol will use tokens to incentivize users to submit accurate information. : Web3 data startup Golden has raised $40 million in a Series B round led by the crypto arm of noted venture capital firm Andreessen Horowitz (a16z), according to a post on the company's website. The capital, which brings total funding up to $60 million, will help Golden build its decentralized and incentivized data protocol. A16z co-founder Marc Andreessen served on Golden's board of directors prior to the fundraise, and a16z partner Ali Yahya will now join the board.
Karpowership Offers Europe The Energy Security It Urgently Needs
Powerships offer secure, reliable and cost-effective supplies of energy Vessels can be connected to a power grid in as little as 30 days LONDON, Oct. 4, 2022 /PRNewswire/ -- Europe is in the midst of an unprecedented energy-supply shock and its ability to source reliable and affordable...
Sebi Drops Whatsapp Insider Trading Case, But It Needs To Do More To Stem The Rot
A holistic and multi-disciplinary approach is needed to tackle the systemic rot of insider trading. : Explore from India`s leading investment managers and advisors curating their strategies as smallcases. Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas It was not surprising when SEBI closed the case against persons alleged to have shared price sensitive information through WhatsApp without levying any penalty.
Crypto Venture-capital Firm Paradigm Leads $14M Funding Round For Defi Platform Exponential
The investment discovery platform includes a risk assessment feature to help combat a growing wave of DeFi exploits. : Exponential, a decentralized-finance (DeFi) investment discovery and risk assessment platform, has raised $14 million in a seed funding round that was led by crypto-focused investment firm Paradigm. Hackers have exploited code vulnerabilities in a growing number of DeFi projects this year.
Novasource Power Services Acquires First Solar's Australian O&m Business
CHANDLER, Ariz., Oct. 4, 2022 /PRNewswire/ -- NovaSource Power Services ("NovaSource" or the "Company"), a global leader in solar operations and maintenance ("O&M") services and a portfolio company of Clairvest Group Inc. ("Clairvest", TSX: CVG) and OMERS Private Equity, the private...
Stocks To Watch Today | D-mart, Kec International, Ncc, Hdfc And Others In News Today
Stocks to Watch: Check out the companies making headlines before the opening bell. : Explore from India`s leading investment managers and advisors curating their strategies as smallcases. Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas.
The Appetite For African Data Centers: Can Investment Keep Up?
The recent emergence of a digital future has presented a new challenge for the continent - just as power, water and transportation infrastructure enable us to go about our everyday lives, digital connectivity has become another core aspect of our society.
Equipsuper Restructures Investment Team
Equipsuper has made three senior hires after revisiting its investment strategies and team structure. : Equipsuper has made three senior hires after revisiting its investment strategies and team structure. Jessie Pettigrew joined Equip as head of responsible investments; she has more than 10 years of experience in sustainability and responsible investment. Most recently Pettigrew was BT Financial Group's head of ESG and sustainability. At Equip, Pettigrew will work to ensure a continued emphasis on ESG integration across the entire portfolio, reflective of the fund's commitment to achieving net zero by 2050.