Roxanne Liu
Stories by Roxanne Liu
China’s Victory Giant to buy Singapore’s MFS Technology for up to $460m
DCP Capital bought a controlling stake in MFS in 2018.
Temasek-backed firms acquire stake in VIVA Biotech unit ahead of listing
VIVA Biotech will use the proceeds to redeem convertible bonds and settle its outstanding liabilities.
Chinese AI startup MiniMax close to completing $250m funding at $1.2b valuation
An entity linked to Tencent is said to be among the investors.
VC fundraising in China heading for weakest first half in 8 yrs
Venture deals by value, at $27.2 billion as of May 30, dropped to the lowest since 2020.
Chinese startups look at local lenders, other US banks as alternatives to SVB
China Merchants Bank and the Industrial & Commercial Bank of China are rushing to fill the gap.
Chinese chip designer Unisoc looks to raise $1.5b private funding at $10.3b valuation
Unisoc has approached several state-backed investment funds.
