Eudora Wang
Eudora Wang is a Hong Kong-based reporter at DealStreetAsia, where she covers venture capital, private equity and technological advancements in the Greater China region. She was previously the chief reporter at China-focused bilingual news platform China Money Network.
Stories by Eudora Wang
Universities in Greater China emerge as new force in startup incubation
Over 67.9% of the 340 Chinese unicorns are led by founders from a domestic university.
China’s Infinigence AI bags $70m in Series A funding
The proceeds will fund Infinigence AI in talent acquisition and tech R&D.
Eastern Bell, Goldstone invest $140.6m in Chinese aerospace material maker Xinwanxing
Xinwanxing produces aerospace-grade carbon fibre prepregs and composite materials.
China’s Yuexiu Capital, Chint Anneng to jointly build $210m industry fund
This is the second fund jointly established by Yuexiu Capital and Chint Anneng.
Hong Kong lowers listing threshold for tech firms, SPAC deals
The modifications will apply for a fixed period of three years from September 1, 2024.
Bank of China sets up $4.21b FOF to invest in homegrown tech innovations
Bank of China commands a market cap of $21b as one of the world’s biggest commercial banks.
Vertex Ventures China closes second RMB fund at over $490m
Vertex China is deploying capital from its second RMB and fifth USD fund.
China’s Dreame sets up CVC arm, targets $1.54b for debut funds
The CVC firm will invest in the AI and robotics space.
China’s CAS Investment hits first close of new RMB fund at nearly $421m
Large insurance firms contributed to about 30% of the total committed capital in the first close.
Finture closes MindWorks-led $30m round to fuel new market forays
It is looking to enter Hong Kong, Vietnam and the Philippines.
