US-China Ceasefire
Some recent developments in the US-China Trade War have led to the two countries declaring a fragile peace. A 90-day ceasefire has been agreed wherein…
Alibaba Is Listing Itself on the HKEX to Raise $20 Billion in Capital
There has been news that the Chinese tech giant Alibaba Group will be listing itself on the Hong Kong stock exchange to raise capital around $20 bil…
Sequoia Raised Capital Worth $695 Million in Southeast Asia and India
Sequoia has come up with a major announcement that its latest fund for Southeast Asia and India has closed. The organization succeeded in raising capital of almost $700 million in the fund. This marks the completion of its 5th fund after the brand’s expansion into the Indian region.
Earl…
Skelter Labs Targets Expansion into Southeast Asia after Raising Capital from Golden Gate
Skelter Labs—the popular AI startup from Seoul, South Korea—has made a major announcement with its plan to enter the Southeast Asian market. The announcement came as a result of its success with raising capital from Golden Gate Ventures—a Singaporean venture capital firm.
In 2015, Ted Ch…
Hong Kong and Shanghai Outshine Players in the Asian Stock Market
On Tuesday, the 13th day of November in 2018, the Asia stock markets opened lower on the Wall Street cues. This resulted in Asian stock markets’ retreat on smartphone and tech-sector softness while the duo including Hong Kong and Shanghai reported higher gains based on the information that Chine…
Shanghai Plans Capital Raising Worth $15 Billion
Shanghai has announced its intention to initiate investment funds with a minimum valuation of $15 billion or 100 billion yuan over the next couple of years. This huge capital raising is intended for AI products and services.
According to Chen Mingbo—who leads the Shanghai Commission of E…
Chinese AI Startup SenseTime Succeeds in Raising Capital Worth $620 Million
The Chinese AI startup SenseTime has gained traction as it has being successful in raising capital amidst burgeoning investments from a wide range of investors. A spokesman from the firm stated that recently the startup managed to raise capital worth $620 million. The investment contribution inc…
China’s Economy Will Soon Be Number 1
Gone are the days when America occupied the number one position in almost all sectors. China now poses the biggest challenge to American economic domi…
E-Commerce Boom Fuelds Industrial Property Sector
As a result of rapidly thriving e-commerce, high-tech Asian companies have established themselves as key players in Hong Kong’s industrial property market. Cainiao Network, a logistic affiliate of Alibaba, purchased a massive amount of industrial rea…
Growth in Home Offices Spurs Banking in Hong Kong and Singapore
Wealthy Chinese and other Asians are looking to increase control over their wealth. They are doing so by setting up private investment vehicles in Hon…