Carol Huang

Carol Huang is a reporter at FinanceAsia, where she covers capital market, financial institutions and related technology changes in Greater China. Carol holds a Master of Journalism from the University of Hong Kong. She can be contacted at carol.huang@haymarket.asia

Luckin Coffee bags another $150m ahead of US IPO

China's fast-growing coffee chain is clearly on the double espressos. Despite widespread concerns about its cash-burning business model, it has just completed its third funding round in 10 months.
April 17, 2019

Shanghai Electric ups Chinese EV bet

Enovate used to be a low-end EV maker but has now secured fresh Series A funding for a full brand overhaul as competition in the market heats up.
April 15, 2019

Hong Kong travel unicorn targets Japanese market

Ahead of the 2020 Tokyo Olympics, Asia’s largest in-destination travel services booking platform has raised a record follow on Series D funding led by SoftBank Vision Fund.
April 10, 2019

China's EV makers get ready for subsidies to end

To ensure survival in the post-subsidy era and deal with overcapacity, some are switching their focus to the corporate sector or leaning on high-tech to overcome price-sensitivities.
April 03, 2019