China, already home to technology giants such as Alibaba and Tencent, has more to offer to investors as the coronavirus pandemic accelerated tech adoption globally.
Venture capitalist Neil Shen's Sequoia Capital China is setting up a hedge fund business to leverage its record of choosing winners in Chinese technology.
The growing tension between China and the U.S. over trade and technological dominance is shining a spotlight on the billions of dollars that U.S. pension funds have channeled into Chinese technology companies in search of investment returns.
Chinese companies are rushing forward with plans to raise more than $5 billion in initial public offerings in New York ahead of new U.S. rules that would effectively shut off this funding channel.
Why The Dietrich Foundation Is Committed To Out-Sized Allocations To Emerging And Frontier Markets | Edward Grefenstette, President, CEO & CIO | Q&A
Edward Grefenstette serves as the President, Chief Executive Officer, and Chief Investment Officer of The Dietrich Foundation. In this interview, Ed takes us back to his early days at the Foundation and how he's helped double total assets under management. He also discusses the organization's significant exposure and commitment toward VC in China since 2006 and why today's digital meetings and interactions are far from ideal from an LP standpoint.
Chinese digital media outlet Jiemian announced the completion of a series C round with a total financing of more than RMB500 million (US$71.7 million), and its valuation has increased significantly compared with before. Investors in this round include strategic investors such as China Internet Investment Fund and Shanghai Xuhui State-owned Assets Investment (Group) Co., Ltd. [...] Chinese Digital Media Outlet Jiemian Raises $71M In Series C Round comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
China lifted limits on industries in which the country's insurers can make equity investments and laid plans to allow insurance funds to tap private equity and venture capital investments in pilot programs.
U.S. pressure on Chinese stocks looks set to accelerate the growth of capital markets in Hong Kong and mainland China, as investors remain intent on chasing opportunities in the world's second-largest economy.
Bankers and investors fear China's push to impose national security laws on Hong Kong threatens the city's future as an international financial center. If it gets to that stage, Beijing's move will come at a cost for China's economy.
Chinese tech giant Tencent Holdings will invest $70 billion over the next five years in technology infrastructure including cloud computing, artificial intelligence and cybersecurity, the company said.