Companies

Although the venture capital market has cooled down, state-backed funds have woken up and quietly expanded their networks.

Tencent is currently focused on corporate service businesses, which has already become the internet giant's third-largest field of investment.

It has set up a joint venture with CICC to develop fintech for wealth management and invested in a UK-based blockchain company.

Temasek-backed investment fund has exceeded fundraising expectations as it closes its Fund IV. It will continue to bet on the growth of the mobile internet in SEA and India.

After selling its e-commerce platform, and attracting capital for music streaming and online education, NetEase is trying to show the world that it is focused on its game business.

It has been on a downward path since November, but fundraising for PEs and VCs rose in July. But does this upswing mean the end of winter?

The private equity investor sees value in the China-focused aircraft parts distributor as the Middle Kingdom increasingly becomes the engine of growth for the industry. The US-China trade war has not as yet dented sales, helped by gradually maturing fleets.