Terminus' growth supports development of smart city

Chinese e-commerce and artificial intelligence companies are doubling down on the future to connect every device.  Internet of Things IoT startup Terminus Technologies has completed the first round of its Series C fundraising at total Rmb 2 billion $283 million. China Everbright Limited led the round and remains a controlling shareholder. Continue Reading

Chinese e-commerce giants battle for offline advertising market

The battle for online traffic between Chinese internet giants has gone offline. Xinchao Media Group said on last Friday that it had received an Rmb1 billion $141 million strategic investment from JD.com. This is the second strategic investment for the elevator TV provider within 10 months. In November last year, Baidu Continue Reading

Q&A: China Renaissance's Bao Fan calls for greater investor protection on STAR Market

Broad class-action lawsuits resulting in big fines would boost investors’ confidence in China’s newly established Sci-Tech Innovation Board STAR Market said Bao Fan, chief executive of China Renaissance during an interview with FinanceAsia. China does allow class-action lawsuits but claimants generally number in the hundreds, whereas in the US investors may have Continue Reading

Why PE investors believe returns will hold up in Vietnam

Over the past few years, Vietnam has started to come into its own as one of Asia’s most dynamic private equity PE markets thanks to its companies’ willingness to embrace partnerships and desire for capital to keep pace with GDP growth and drive intra-sector consolidation. Last year, deal volumes tripled Continue Reading

Shanghai’s STAR Market was the focus of Asia ECM in July

Shanghai’s Sci-Tech Innovation Board STAR Market is the winner among Asian stock exchanges with six out of the ten biggest IPO deals in July. The debut of the STAR Market has been a major breakthrough for Chinese exchanges, as it allows a registration-based IPO mechanism for companies to list. Although Continue Reading