Deals
The company plans to allocate $1.5 billion of the borrowing quota for its overseas arm.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
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Mr DIY eyes $300m IPO of Indonesia unit late this year
Hillhouse, GIC, Temasek said to be in talks to invest in Midea’s HK offering: Report
Analysis
Founders of portfolio firms that fail to list on time are reneging on compensation deals.
A merger between Taishin and Shin Kong would make it the island’s fourth-largest financial firm.
IPOs & Markets
Midea is seeking to raise as much as $3.5 billion in its Hong Kong IPO
It will launch a China-made battery-electric car in Italy next month.
Venture Capital
JHM Biopharma’s round was led by SDIC Unity Capital.
There were 11 megadeals, which garnered 84% of the total capital raised in Aug.
Policy & Regulations
Supporters argue the measure is necessary to protect Americans’ personal health and genetic information.
Issues such as excessive collection of personal information, excessive use of permissions and inconvenient account cancellation were rectified.
Private Equity
The deal marks L Catterton’s fourth investment in China over the last 12 months.
