Boyu pursues listed Chinese property manager
Boyu Capital is seeking full control of Chinese property management business Jinke Smart Services Group through a cash offer that values the Hong Kong-listed company at HKD 7.83bn (USD 998m).
The GP acquired a 22% interest in Jinke Smart Services last December, becoming the second-largest shareholder after the company’s parent, Jinke Property, which holds 30.33%. It is now offering to buy...
Co-Stone leads $43m round for China biosynthesis player
Co-Stone Capital Management has led a CNY 300m (USD 43m) Series B round for Readline, a Shenzhen-based company that specialises in synthetic biology.
Australia’s Heal Partners closes debut fund on $137m
Australia’s Heal Partners, a health, education, and lifestyle-focused venture capital firm, has closed its first fund on AUD 200m (USD 137m). The target was AUD 100m.
US regulator gets access to Chinese audits
The threat of delisting that has haunted Chinese companies that trade on US exchanges appears to have receded after the US regulators announced they had gained full access to the audits of these companies for the first time.