Following a year of mega IPO flops, Chinese VC investment plummeted in the second quarter as private investors baulked at spiralling valuations. Staying private for longer will no longer be so easy for entrepreneurs.
As the 10th anniversary of the Global Financial Crisis looms large, the veteran Asia banker sees opportunity for profit in the emerging markets crash and is planning to expand in 'sexy' private markets.
COO NiQ Lai tells FinanceAsia how GIC-backed HKBN is more ready than ever to take on PCCW’s HKT after finally bagging WTT. Investors’ will focus on the delivery of promised synergies and fierce competition in the sector.