Curated M&A, financial and business news from China and beyond...

Updated by the minute.

Social shopping app Xiaohongshu apologizes after users complain about tourist attractions faked for social media – SupChina Skip to the content Search …

The Chinese central bank has unveiled a list of 21 Chinese and foreign lenders that comprise the …

David Burns, Phoenix Equity Partners Phoenix Equity Partners has enjoyed a strong run of exits over recent months, while also pushing its …

China denies report of hypersonic missile test – SupChina Skip to the content Search for any China-based company Search for any China-based …

The Chinese legislative authority will review new legislation that focuses on telecommunications and Internet fraud. The draft …

China Power | Environment | East Asia Over-enthusiasm for Xi’s coal pledge will let China get away with lower overall climate ambitions. Advertisement To great fanfare …

Afinum Beteiligungsgesellschaft has sold its stake in human-machine interface (HMI) software and hardware developer Garz & Fricke (G&F) in a EUR 180m …

2021-22 CBA season tips off looking radically different – SupChina Skip to the content Search for any China-based company Search for any …

Digital renminbi trials are further accelerating, with the Hunan province capital of Changsha launching its own demonstration zone for the new central …

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Shanxi floods leave dozens dead, 120,000 displaced, and hundreds of cultural relics damaged – SupChina Skip to the content Search for any …

A senior official from the People’s Bank of China (PBOC) has sought to reassure market concerns about the potential impacts of Evergrande …

PAI Partners is leaning towards a US initial public offering of Refresco, sources familiar with the matter said, setting up Europe’s largest …

Tower running finds a foothold in China – SupChina Skip to the content Search for any China-based company Search for any China-based …

Ant Group-backed digital lender MYBank has launched a new supply chain finance solution which has already attracted …

Lifeline Spac I, the special purpose acquisition company (Spac) set up by Finnish venture capital firm Lifeline Ventures, has listed on Nasdaq …

A history of Taiwan-China economic ties, by Shelley Rigger – SupChina Skip to the content Search for any China-based company Search for …

The State Administration of Foreign Exchange (SAFE) has provided further clarification on assessments of the forex operations …

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Tutoring crackdown: Beijing steps in to broker refunds on behalf of parents – SupChina Skip to the content Search for any China-based …

The Chinese capital of Beijing has teamed up with the big state-owned banks to launch a new …

Advertisement There has been a subtle, yet important reset in tone – albeit not in substantive stances, just yet – in China-U.S. …

More than one third (37%) of the institutional investors surveyed in Schroders’ Institutional Investor Study in the spring of 2021 reported that …

Netflix doc ‘Found’: Three teenage girls seek roots in China – SupChina Skip to the content Search for any China-based company Search …

The head of China’s foreign exchange authority has called for more concerted and coordinated efforts to drive …

Main Capital Partners has sold its stake in Germany-based banking and insurance software developer B+M in a secondary buyout to software investor …

Justice for Lhamo: Man handed death sentence for live-streamed murder of ex-wife – SupChina Skip to the content Search for any China-based …

The Chinese central bank has mandated looser requirements for account opening by micro and small-enterprises, as part …

In this photo released by Xinhua News Agency, Chinese astronauts from left, Ye Guangfu, Zhai Zhigang, and Wang Yaping wave from behind …

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Highlights from Shanghai Fashion Week: 2022 Spring/Summer – SupChina Skip to the content Search for any China-based company Search for any China-based …

The head of one of China’s big state-owned banks expects President Xi Jinping’s recent call for a …

Advertisement October 10 if this year marked the 110th anniversary of the 1911 Revolution (or Xinhai Revolution) as well as the founding …

The private equity industry has been doubling its efforts to implement ESG into their business practices, from fundraising, to investment strategies, and …

LinkedIn gives up on Chinese social media dream – SupChina Skip to the content Search for any China-based company Search for any …

The latest data from the Chinese central bank points to a steady rise in China’s total social financing (TSF) at the end …

Advertisement On China’s October 1 National Day holiday, while real-life People’s Liberation Army (PLA) fighter jets and other military planes sortied into …

EQT has announced that it has set science-based targets (SBT) for greenhouse gas emissions that will apply to its own operations and …

A shared spreadsheet reveals working hours at China’s biggest internet companies – SupChina Skip to the content Search for any China-based company …

Offshore institutions held 3.84 trillion yuan in bonds on China’s interbank bond market as of the end …

Advertisement In a bid to further concentrate state control over public messaging, China released draft regulations on Friday that would ban “non-public …

CapMan Buyout has sold live events services provider Bright Group to US-based event technology provider NEP Group, a portfolio company of Carlyle. …

Coffin – SupChina

Coffin – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD TechnologyEvergrande GroupGanfeng LithiumShenghe Resources HoldingChina …

The Chinese Communist Party’s (CCP) disciplinary authority has announced the launch of two-month inspections of China’s banking regulator as part of broader …

China Power | Society | East Asia The removal order is “an attack against the memory about the Tiananmen crackdown,” artist Jens Galschioet said. Advertisement A …

Waterland Private Equity has invested in Germany-based consultancy Horn & Company, establishing a growth and consolidation platform for mid-sized consultancy businesses. Source …

The story of China’s first atomic bomb – SupChina Skip to the content Search for any China-based company Search for any China-based …

Active funds in China have beaten out passive funds since the start of 2021 amidst volatile market conditions. In the first three …

Advertisement With national general elections fast approaching in November, Chilean President Sebastian Piñera made official visits to Colombia, Paraguay, and Uruguay during …

Sponsors BB Capital Investment and Vortex Capital Partners have mandated Baird to sell Dutch childcare software provider KidsKonnect after two years of …

“The Silent Minority No More: Raising Awareness of Anti-AAPI Hate” A prelude – SupChina Skip to the content Search for any China-based …

Cryptocurrency mining has been included on China’s latest list of obsolete industries from which new entrants are barred. On 8 October the …

Advertisement Only 110 miles of water separate mainland China and the island of Taiwan. But when it comes to governance and human …

Ethical supply chains, modern slavery, diversity and inclusion, wage gaps, and health and safety are all “potential liabilities” for M&A sponsors As …

After video game ban, Chinese kids turn to Douyin and livestreaming gamers – SupChina Skip to the content Search for any China-based …

The head of the Chinese central bank has signalled the authority’s commitment to efforts to prevent big data and other forms of …

European private market ESG assets could skyrocket to EUR 1.2trn by 2025, according to a PwC Luxembourg forecast. Source link

The fight for Taiwan’s linguistic diversity – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD …

Another Alibaba e-commerce app is expected to offer WeChat Pay as a payments option following China’s anti-trust campaign targeting the online platform …

Burger King UK is preparing a London stock market flotation that could value the fast-food restaurant chain at approximately GBP 600m, the …

Foreign athletes arrive in Beijing for Olympics test events – SupChina Skip to the content Search for any China-based company Search for …

A senior executive from the fintech and digital technology subsidiary of Chinese e-commerce giant JD.com has highlighted …

Europe was home to 346 buyouts worth an aggregate EUR 69.8bn in the third quarter, marking a significant rebound on the comparable …

Casting good-looking but untalented celebrities is abnormal, China says – SupChina Skip to the content Search for any China-based company Search for …

Commercial banks in China have stepped up their issuance of perpetual bonds since the start of 2021 as part of efforts to …

Life-sciences- and healthcare-focused venture capital firm HealthCap has announced a raft of senior appointments, including that of partner Mårten Steen to co-managing …

The fall of the Evergrande boss – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD …

A recent survey conducted by the Chinese central bank points to broad support for its current monetary policy settings from domestic lenders …

Finberg, the Turkish corporate venture capital firm backed by Fibabanka and Fiba Group, is looking to raise USD 25m for its newly …

Japan wins 5th straight FIBA Women’s Asia Cup in instant classic – SupChina Skip to the content Search for any China-based company …

A senior official from the People’s Bank of China (PBOC) has flagged further reforms of the loan prime rate (LPR) recently adopted …

European private equity managers closed funds totalling EUR 105.5bn in commitments between January and September, a 30% increase on the average amount …

The end of China’s runaway growth – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD …

The China Banking and Insurance Regulatory Commission (CBIRC) has called for financial institutions to provide support to the coal power sector following …

Summa Equity is to sell waste and wastewater pump service Lakers to listed construction services and infrastructure holding Vestum for SEK 2bn …

Mainland China invasion? Taiwan residents aren’t worried – SupChina Skip to the content Search for any China-based company Search for any China-based …

The head of the Chinese central bank has reiterated China’s commitment to cracking down on monopolies in …

Hellman & Friedman (H&F) has matched the EUR 3.36bn (EUR 470 per share) offer made for EQT for Frankfurt-listed online pet products …

Hunan county implores local women to stay and marry as rural bachelor crisis worsens – SupChina Skip to the content Search for …

Advertisement Many positions within the Chinese Communist Party’s Politburo are institutionally organized as permanent seats. But individual politicians may hold multiple seats, …

Caller identification software developer Truecaller has listed on the Nasdaq in Stockholm; the company is backed by investors including Sequoia Capital and …

Haus of Lily: Beijing Drag House – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD …

A Chinese worker directs another to load a container onto a freight train bound for Europe at a railway station in Shanghai, …

Accent Equity Partners is about to launch a process to exit portfolio company Inteno Group, a Swedish broadband specialist, in a sale …

U.S. troops in Taiwan: Biden administration reveals small training group present ‘for at least a year’ – SupChina Skip to the content …

Advertisement In recent months, China’s Red Flag River Water Diversion Project Proposal (Red Flag River), an astonishing new inter-basin water diversion proposal, …

LDC sells Mandata to Tenzing

LDC has sold its stake in transport and logistics software developer Mandata to Tenzing. Source link

How China will achieve carbon neutrality: The role of the emissions trading scheme and other reforms – SupChina Skip to the content …

Advertisement When U.S. National Security Advisor Jake Sullivan and China’s top diplomat, Yang Jiechi, first met in Anchorage, Alaska, the tension was …

ECI Partners has sold its stake in educational safeguarding software developer CPOMS to US-based Raptor Technologies, a portfolio company of Thoma Bravo …

No more graveyard loans: Beijing wants everybody to quit bingeing on debt – SupChina Skip to the content Search for any China-based …

PAI Partners has filed registration documents for its next flagship vehicle, PAI Partners VIII. Source link

Xi Jinping and Joe Biden to meet later this year – SupChina Skip to the content Search for any China-based company Search …

Bridgepoint is preparing to exit its stake in consulting firm HKA Global in a process expected to kick off in the first …

Beijing Lights: Aunt Wang on cats and contentment – SupChina Skip to the content Search for any China-based company Search for any …

Female private equity professionals in Europe and Africa continue to earn less than their male counterparts at partner, principal and associate levels, …

The 1740 Batavia massacre of ethnic Chinese in Java – SupChina Skip to the content Search for any China-based company Search for …

Software investor Main Capital Partners has raised EUR 1bn for Main Capital VII, as well as EUR 210m for Main Capital Foundation …

Prada takes over a grocery store in Shanghai – SupChina Skip to the content Search for any China-based company Search for any …

Europe was home to a record number of deals in the first nine months of the year, with Unquote estimating that the …

Taiwan ADIZ incursions: Explaining China’s surge in warplane activity in the Taiwanese ‘air defense zone’ – SupChina Skip to the content Search …

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Drones fall from the sky during failed performance in Zhengzhou – SupChina Skip to the content Search for any China-based company Search …

Advertisement Fu Zhenghua, a former Beijing Public Security Bureau chief and vice minister of public security, is suspected of a “serious breach …

ArchiMed has invested in plasmid DNA and protein therapeutics developer Xpress Biologics, with the intention of implementing a tenfold production capacity increase …

Biden’s trade chief presses China to fulfill Trump agreement pledges, signals little change in tariffs – SupChina Skip to the content Search …

The Shenzhen fintech regulatory sandbox has just completed testing of one of the innovation projects launched under …

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Patriotic films dominate China’s National Day holiday as industry faces pileup of unreleased titles – SupChina Skip to the content Search for …

People’s Bank of China (PBOC) governor Yi Gang (易纲) has shed light on China’s ongoing efforts to reform its interest rate regime …

Supporters of Huawei CFO Meng Wanzhou gather at Shenzhen Bao’an International Airport in Shenzhen in southern China’s Guangdong Province, Saturday, Sept. 25, …

Food-technology-focused venture capital investor Five Seasons Ventures has announced the final close for its second fund on EUR 180m. Source link

Minimal China – SupChina

Minimal China – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD TechnologyEvergrande GroupGanfeng LithiumShenghe Resources …

The peak body for the Chinese payments sector has committed to the implementation of fee reductions for …

Listed special situations investor Mutares is aiming to raise up to EUR 100m from an upcoming capital increase, with proceeds earmarked for …

China gives hero’s welcome to Meng Wanzhou, freed in apparent prisoner swap with Canadian hostages – SupChina Skip to the content Search …

China’s top banking regulators have convened a key meeting on real estate finance in the wake of the debt crisis of property …

Magnus Gottås, Tenzing London-headquartered Tenzing has announced that it intends to increase its investment activity in the Nordic region, hiring Magnus Gottås …

The three causes of China’s power outages – SupChina Skip to the content Search for any China-based company Search for any China-based …

Two senior officials have been toppled from their positions over their involvement Inner Mongolia’s Baoshang Bank, which was forcibly acquired by the …

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Harbin officials face backlash for putting down COVID positive cats – SupChina Skip to the content Search for any China-based company Search …

The Chinese central government has unveiled an ambitious new plan to drive the development of Internet of …

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Can cheap robots solve Chinese labor shortages? – SupChina Skip to the content Search for any China-based company Search for any China-based …

Tech giant Tencent has committed to greater integration of its payment ecosystem with China UnionPay. On 30 …

Technology-focused investor GP Bullhound has held a final close for GP Bullhound Fund V on its EUR 300m hard-cap. Source link

Labor unrest and how China balances repression and responsiveness – SupChina Skip to the content Search for any China-based company Search for …

China’s banking authority has given the green light to the merger of a trio of lenders in …

Advertisement The Indian military sees China as its biggest threat, as Chief of Defense Staff Bipin Rawat made clear in an interview …

Gianluca Losi, Kyma Investment Partners Italy-headquartered Kyma Investment Partners has held a EUR 100m first close for its debut fund, which will …

You’ll never guess why this costumed ‘Transformers’ character in Beijing’s Universal Studios is receiving complaints – SupChina Skip to the content Search …

The digital renminbi is being used to facilitate agricultural property rights transactions in rural communities in the …

Bregal Unternehmerkapital has made its first deal in Italy, acquiring a majority stake in traffic monitoring software developer Safety21. Source link

Cross-dressing star banned from Chinese TikTok for ‘vulgar’ content – SupChina Skip to the content Search for any China-based company Search for …

A big state-owned bank has integrated with the financial services platform of China’s state procurement authority as …

The California Public Employees’ Retirement System (Calpers) and investment firm Carlyle are leading the newly launched ESG Data Convergence Project, an LP-GP …

The forbidden dance of the hutuktu – SupChina Skip to the content Search for any China-based company Search for any China-based companyJD …

Listed, Germany-based sponsor SGT German Private Equity and Tyrus Capital have announced a strategic partnership aimed at sourcing and executing capital-markets-related private …

Hidden debt and ‘major implementation challenges’ on China’s Belt and Road – SupChina Skip to the content Search for any China-based company …

The Industrial and Commercial Bank of China (ICBC) has become the first Chinese bank to issue green …

Advertisement Beijing is in overdrive to respond to the news that Australia will build nuclear-powered submarines, thanks to technology being shared by the …

Advent France Biotechnology (AFB) has held a EUR 86m first close for its second fund, which will continue the firm’s focus on …

The inside story of the Peace Corps in China – SupChina Skip to the content Search for any China-based company Search for …

E-commerce giant Alibaba has started to offer WeChat Pay as a payments option on its platforms, following a protracted anti-trust campaign by …

Sponsors have capitalised on the IPO window this year, with 41 private-equity-backed listings in the first nine months of the year on …

Government announces three-year plan to tame China’s algorithms – SupChina Skip to the content Search for any China-based company Search for any …

The monetary policy committee of the People’s Bank of China (PBOC) has just concluded its routine third quarter meeting, making reference to …

Advertisement Much of northeast China has been intermittently without power since Sunday as the country comes to grips with a litany of …

Intriva Capital has acquired UK-based adult social care provider Sequence Care Group from Horizon Capital. Intriva was formed in 2017 and is …

Zhoushan: Britain’s forgotten (and first?) colony in China – SupChina Skip to the content Search for any China-based company Search for any …

Tech giants Ant Group and Tencent have topped a new list of the biggest holders of authorised …

Advertisement As Evergrande looks set to flunk its test on foreign bond repayment and new regulations roil markets, Western investors are divided …

A consortium led by Bain Capital is to acquire Spain-headquartered aviation engine components producer ITP Aero from Rolls Royce in a EUR …

How China’s energy crisis happened, in six steps – SupChina Skip to the content Search for any China-based company Search for any …

A new report highlights the increasing importance of digital sectors in the Chinese economy. In 2020 China’s …

NorthEdge has sold mattress producer Usleep (a subsidiary of its home furnishings portfolio company, Belfield Group) to foam producer Vita Group, which …

China vows to reduce ‘medically unnecessary’ abortions — allegedly for the benefit of women – SupChina Skip to the content Search for …

The Chinese central bank has hailed efforts to create a policy system for driving the growth of green finance in China. Chen …

Guy Semmens, Gyrus Capital After raising a debut fund during the coronavirus pandemic, Gyrus Capital co-founder Guy Semmens speaks to Unquote about …

Chinese steampunk: The art of reviving dead insects – SupChina Skip to the content Search for any China-based company Search for any …

The wealth management vehicle of a leading Chinese commercial bank has launched a new investment fund that …

Advertisement Eric Chu handily won the KMT 2021 party chair election, which took place on September 25. Chu won with 85,164 votes, …

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Strict COVID rules expected for Beijing Winter Olympics – SupChina Skip to the content Search for any China-based company Search for any …

China Power | Diplomacy | East Asia Beijing kept up its narrative that the arrests of Michael Kovrig and Michael Spavor – and their releases – …

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Taiwan court rules against surgery requirement for legal gender change – SupChina Skip to the content Search for any China-based company Search …

The People’s Bank of China (PBOC) has further heightened prohibitions on the trading of cryptocurrencies within China following concerns over a resurgence …

Across Europe, private equity funds have been muscling in on sports team investments Seeking post-pandemic certainty, European sports teams are diving into …

Calls to end ‘China Initiative’ intensify after Anming Hu acquittal – SupChina Skip to the content Search for any China-based company Search …

A report from the People’s Bank of China (PBOC) points to a surge in the use of …

Private equity firm Ambienta has appointed Lazard to guide its exit of Nactarome Group, according to five sources familiar with the situation. …

What the U.S. got out of China engagement through the S&ED – SupChina Skip to the content Search for any China-based company …

The People’s Bank of China (PBOC) has announced plans to reform operating methods for its Standing Lending …

Nordic nets 8x on Cary Group IPO

Cary Group, a vehicle glass repair and replacement provider backed by Nordic Capital, has listed in a EUR 908m IPO on Nasdaq …

Too much work and not enough sex threatens China’s new population plans – SupChina Skip to the content Search for any China-based …

A new report on the Chinese banking sector points to a surge in net profits as well as a plunge in funds …

Kibo Ventures has formed a continuation vehicle for its debut fund in a secondary deal backed by HarbourVest. Source link

Ahead of chair election, a critical moment for Taiwan’s KMT – SupChina Skip to the content Search for any China-based company Search …

China has seen a recent rise in the use of asset-backed securities (ABS) by micro-and-small enterprises (MSE) as a channel for raising …

PE players and advisers with experience in the care space weigh in on whether the reform is likely to affect investments Although …

Chinese investors pile into ‘metaverse,’ despite official warnings – SupChina Skip to the content Search for any China-based company Search for any …

The head of People’s Bank of China’s Digital Currency Research Institute says that the digital renminbi will …

China Power | Diplomacy The deferred prosecution agreement paves the way for Meng Wanzhou to be released in a case that has roiled China’s …

London-headquartered Apax Partners has held a final close for Apax Digital Fund II on USD 1.75bn. Source link

Is animated hero Ultraman too violent for kids in China? – SupChina Skip to the content Search for any China-based company Search …

Advertisement Earlier this week, the news agency AFP carried an interesting report detailing the Chinese government’s support to Myanmar’s ethnic armed organizations …

Eurazeo is set to raise its stake in Kurma Partners, a French venture capital firm specialising in biotechnology and medical innovation, to …

One Second: Zhang Yimou’s ‘love letter to cinema’ – SupChina Skip to the content Search for any China-based company Search for any …

One of China’s leading consumer finance platforms originally developed by Jack Ma’s Ant Group has been integrated into the credit system of …

Advertisement The Beizhong International Travel Agency in the eastern city of Tianjin has had only one customer since coronavirus outbreaks that began …

Stirling makes two senior hires

Stirling Square Capital Partners has made two senior appointments, hiring Toni Gillespie as chief of talent and Elisabetta Ricci as chief of …

China opposes U.S. sanctions on Ethiopia and Afghanistan as humanitarian crises worsen – SupChina Skip to the content Search for any China-based …

China’s top financial regulators plan to put curbs on the offshore loan balance of the country’s commercial …

Advertisement Ever since China first expressed interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last November, one particular …

Capza has announced a EUR 200m first close for Capza Growth Tech Fund, which has a target in the EUR 250m-300m range. …

Food delivery giants Ele.me and Meituan promise to stop treating delivery workers like disposable garbage. Sort of. – SupChina Skip to the …

The head of the Chinese central bank has reiterated the official position that all forms of financial …

Advertisement Taiwan has applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), less than a week after China formally …

Mid-market corporate finance house Clearwater International has hired Julian Brown as chief executive officer (CEO). Source link

Architecture: 10 amazing contemporary buildings in China – SupChina Skip to the content Search for any China-based company Search for any China-based …

Analysts from Guangfa Securities do not expect the debt crisis currently engulfing Evergrande Group to pose systemic …

Advertisement Choosing calm language as tensions with the United States grow, Chinese leader Xi Jinping reiterated his nation’s longtime policy of multilateralism …

Angel Investment Network has announced the launch of its institutional investment arm, AIV Capital, which will focus on private equity and venture …

Jiang Zemin and the PRC’s first orderly transfer of power – SupChina Skip to the content Search for any China-based company Search …

China has continued to rise in the World Intellectual Property Organisation’s (WIPO) ranking of global economies on …

Partners Group has held a final close for its fourth private equity programme on USD 15bn; the commitments comprise USD 6bn from …

Xi Jinping says China ‘will not build new coal-fired power projects abroad’ – SupChina Skip to the content Search for any China-based …

A slew of senior execs from beleaguered property giant Evergrande Group face severe disciplinary measures after redeeming …

Ambassadors and foreign representations, wait for meeting with Military junta led by Col. Mamady Doumbouya, at the people’s palace in Conakry, Guinea …

San Francisco-headquartered healthcare investor Illumina Ventures has held a final close for its second fund on USD 325m. Source link

Evergrande’s ‘week of reckoning’: Will China let its dodgiest developer default? – SupChina Skip to the content Search for any China-based company …

Further details have emerged concerning requirements for the new stock exchange that the Chinese government plans to launch in the national capital …

Lansdowne Partners and the Ezrah Charitable Trust have led a USD 45m funding round for UK-based computer producer Raspberry Pi. Source link

Why China wants to join the anti-China trade deal – SupChina Skip to the content Search for any China-based company Search for …