GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
What Chinese companies can learn from Shein on managing U.S.-China tensions – Part 2
The online fast-fashion sensation is part of a growing group of Chinese companies finding middle ground in Singapore to balance the world’s two major superpowers This is the second part…
Asia Innovations SPAC Listing: Based in Singapore, But Made in China
Social media company’s executive team, including co-founder and CEO Andy Tian, all come from China tech and media backgrounds Key Takeaways: Developing markets social media company Asia Innovations is planning…
GDS Raises Funds for Accelerating Expansion, But Investors Unimpressed
China’s leading data center operator will sell $620 million in convertible notes to Singapore’s GIC and ST Telemedia, as well as local private equity giant Sequoia China Key Takeaways: GDS…
Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors
The Hong Kong Stock Exchange has received IPO applications from six SPACs in the last month, most with major mainland backers Key Takeaways: Hong Kong has received six SPAC listing…
Everest Boosts Covid Bet With New Licensing Deal Despite Crowded Field
Global agreement for oral anti-viral comes just months after company signed separate similar tie-up for a Covid mRNA vaccine also in development Key Takeaways Everest has signed a global licensing…
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