HONG KONG : Buyout funds are set to extend a record spending spree in Asia to the rest of the year but they will be mostly seeking deals outside China, where concerns about the economy are likely to outweigh any easing of a regulatory crackdown, dealmakers said.
Acquisitions backed by financial sponsors of Chinese assets totalled just $1.5 billion this year, less than a tenth of the value in the same period last year, Dealogic data showed. The record buyout deal value, however, suggested that some APAC-focused funds may be reallocating more of their dry powder away from China and redirecting their investment activities to other parts of the region, he said.
China's central leadership has given Ant Group a tentative green light to revive its IPO, Reuters reported last week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commentary: ASEAN can shape US-China relations in Southeast AsiaThe phenomenal rise of China’s economic and military power led the US to conclude that its bilateral alliance system was not enough to balance China without more help from allies and partners, says a researcher. US should solve its own problems! Don’t ask asean to support their fight!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ukraine, US-China relations dominate Asia security meeting in SingaporeThe war in Ukraine and China's increasingly tense relationship with the United States featured in nearly every session of the Shangri-La Dialogue in Singapore, which ended on Sunday (June 12) after three days of discussions. Chinese Defence Minister Wei Fenghe, who gave one of the featured speeches on the meeting's final day, said it was up to the United States...
Source: asiaonecom - 🏆 10. / 59 Read more »
China leaves no doubt it will fight to crush 'Taiwan independence': China Dailystraits_times That's for sure. Propaganda mules 😈 Show these criminals the Ukraine stamp. Nobody would ask to be ruled by criminals, unless they one.
Source: STForeignDesk - 🏆 4. / 71 Read more »
HSBC could unlock US$26.5 billion in Asia spin-off, report saysThe call to split up Europe’s biggest bank is winning support in Hong Kong’s retail base
Source: YahooSG - 🏆 3. / 71 Read more »
Sequoia raises $2.85 billion in India, Southeast Asia fundsMUMBAI : Sequoia Capital has raised $2.85 billion to fund Indian and Southeast Asian startups, the venture capital firm said on Tuesday, looking beyond current weakness in investment in new companies in the region.The fundraising is Sequoia's largest so far for India and Southeast Asia.Money raised
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
What is Washington's one-China policy and what does Beijing object to?
Source: STForeignDesk - 🏆 4. / 71 Read more »