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Julie Zhu

RPT-NEWSMAKER-Zhang Yiming, founder of TikTok owner ByteDance, gears up for the global stage

Mar 15 2020

BEIJING/HONG KONG, March 13 The founder of China's ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On Thursday Zhang Yiming made a key move to achieve that.

Zhang Yiming, founder of TikTok owner ByteDance, gears up for the global stage

Mar 13 2020

BEIJING/HONG KONG The founder of China's ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On Thursday Zhang Yiming made a key move to achieve that.

Chinese P2P firm FinVolution taps HSBC for potential take-private deal: sources

Mar 13 2020

HONG KONG, March 13 China's oldest peer-to-peer (P2P) lending company FinVolution Group has asked HSBC to seek out potential investors interested in taking the U.S.-listed firm private, two people with direct knowledge of the discussions said.

Exclusive: Blackstone in talks to take developer SOHO China private in $4 billion deal - sources

Mar 10 2020

HONG KONG Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources, in one of its biggest bets yet on the Chinese market and which sent the target's shares to a 21-month high.

EXCLUSIVE-Blackstone in talks to take developer SOHO China private in $4 bln deal -sources

Mar 10 2020

HONG KONG, March 10 Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources, in one of its biggest bets yet on the Chinese market and which sent the target's shares to a 21-month high.

Exclusive: Blackstone in talks to take developer SOHO China private in $4 billion deal - sources

Mar 09 2020

HONG KONG U.S. private equity firm Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion (£3.06 billion) deal, said two sources, in one of its biggest bets yet on the Chinese market.

Chinese TV producer pioneers 'virtual' roadshow for Hong Kong float: sources

Mar 06 2020

HONG KONG Television producer China Bright Culture Group has raised $116 million in a Hong Kong share offering without any of the usual face-to-face meetings, a strategy others are likely to follow to deal with coronavirus fears, sources said on Friday. 

Exclusive: Tencent-backed WeDoctor invites banks to lead $1 billion Hong Kong IPO, sources say

Mar 06 2020

HONG KONG WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, two sources with direct knowledge of the matter said.

China's Centurium Capital to reach first close at $2 billion: sources

Mar 06 2020

NEW YOKR/HONG KONG China's Centurium Capital, a big backer of domestic startup Luckin Coffee , is set to reach the first close of fundraising for its latest private equity fund with about $2 billion, said two people with direct knowledge of the matter.

UPDATE 1-China's Centurium Capital to reach first close at $2 bln: sources

Mar 06 2020

NEW YOKR/HONG KONG, March 6 China's Centurium Capital, a big backer of domestic startup Luckin Coffee, is set to reach the first close of fundraising for its latest private equity fund with about $2 billion, said two people with direct knowledge of the matter.

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