CEO Hahn notes hardening prices in both property and casualty businesses and says retained profits must improve before company, majority owned by Fosun group, considers an IPO.
With a quick M&A deal, the world’s second-largest brewer cements position in the Asia Pacific by scaling up presence in the beer and cider market down under.
A strategic divestment and one of the first non-property high-yield Chinese bond sales to come to market since the Covid-19 lockdown secure the Chinese conglomerate’s war chest.
The head of M&A for PayU, a Naspers subsidiary, talks to FinanceAsia about its vision to create a world without financial borders and the companies it is investing in to achieve this lofty ambition.
Biotech investment is the new gold rush in China. But firms still struggle to find steady investment from private equity players and industry heavyweights.
While car sales continue to decline in China, Sequoia Capital China and Source Code Capital are betting on an increasing need for auto parts with CassTime.