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Investment institution Hillhouse Capital has reportedly been seeking buyers for some of its projects. The firm has responded to the news, claiming that "secondary fund is our new strategy."
In 2019, Huawei set up Shenzhen Hubble Technology Investment Partnership, an investment company which, to date, has invested in seven semiconductor companies that have gone on to be publicly listed.
According to enterprise information inquiry platform Qichacha, Chinese e-commerce giant Alibaba set up a wholly-owned subsidiary called "Yuanjing Shengsheng" on Monday.
Japanese investment giant SoftBank Group plans to pause new investments in China until the impact of regulatory actions against the country's tech firms becomes more clear, the Wall Street Journal reported on Wednesday.
On August 16th, the Thailand Board of Investment announced that Changan has applied to build an electric vehicle and hybrid vehicle factory in Thailand.
In a letter to employees on Monday, Tencent’s CEO Pony Ma announced that the company would invest 50 billion yuan ($7.67 billion) in areas including “basic science, education innovation, rural revitalization,” and more.
Chinese investment institution Source Code Capital announced on Wednesday that Chang Kaisi was promoted to partner.
Media reports on August 12 stated that Zhang Lei, CEO of lantouzi.com, faces punishment by border control authorities, not Zhang Lei of Hillhouse Capital.
With the continuous opening of the Chinese market, investment from global sources is increasing, and demand for translation, especially AI-based machine translation, is also rising. In response to the mass translation needs of enterprises, NiuTrans launched an enterprise cloud service in 2022.
On Monday, business registration information suggested that Wuhan Yibayiling Corporate Management Co., Ltd. was established with a registered capital of 2 billion yuan ($313.5 million).
Chinese hotel chain Sunmei Group announced on Monday that it had received a strategic investment from Xiaomi. Lighthouse Capital served as the exclusive financial adviser for the investment.
According to local news on December 13, Samsung will increase its investment in its Chinese chip plant by $8 billion as the second stage of the second phase of the project.