Asian technology companies account for a third of regional investment indices, but the ban on advanced chips is testing appetite for a sector already facing cyclical weakness and ongoing regulatory uncertainty.
ChainUp has announced the appointment of former Singapore prime minister and MAS chairman, Goh Chok Tong to its board, the completion of its acquisition of Bedrock Trust Pte, and further strategic expansion through partnerships.
Vietnam is emerging as a major tech ecosystem hub and provides a viable alternative investment pipeline to China, in the context of ongoing regulatory crackdown. And if it’s an indication of the country’s ambitions, start-ups like Loship are chasing the dream of ringing the US opening bell.
A record number of venture capital investments are pouring into the cybersecurity industry, as cyberattacks grow in volume and variety. With attackers taking advantage of the hybrid work environment, cybersecurity is now a crucial business enabler and start-ups like Orca Security are reaping the benefits.
Despite aggressive pricing and historically tight yields, investors' appetite for Asia tech credit appears undiminished. It's an issuer's market for sure, but is it enough for a Xiaomi, Gojek, Traveloka or Tokopedia to take the bait?