Keyan Lu

Recent news, commentary, and posts by Keyan Lu:

Looking For Funding? Here Is The Most Complete List Of Asian VC Funds Investing In Blockchain

Asia has become the absolute dominant force in the blockchain universe, with countries in the region accounting for the biggest portion of Bitcoin mining machine manufacturing, mining pools, crypto trading and new token issuance. For any blockchain projects or investors, Asia is the place that can’t be ignored when planning an initial coin offering or seeking VC investors. One recent initial coin offering, launched by a team based outside of China, pulled in tens of millions of U.S. dollars and, …

Chinese Live Streaming Platform Huya Sets Terms For $165M US IPO

China’s live game streaming firm Huya Inc. will raise US$165 million in an initial public offering of 15 million American Depository Shares (ADS) on the New York Stock Exchange (NYSE) at a price range of US$10 to US$12, according to a filing with the Securities and Exchange Commission.

Amazon Said In Talks To Acquire Rights To China’s Sci-Fi Novel Three-Body Problem

Amazon is reportedly in talks to pay US$1 billion dollars to acquire the television production rights to popular Chinese science fiction novel The Three-Body Problem, written by the Chinese writer Liu Cixin. Firstly serialized online in 2006 and published as a book in 2008, the three part novel includes The Three-Body Problem, The Dark Forest and Death’s End. It became one of the best-selling science novels in mainland Chinese history. The story, set against the backdrop of China’s Cultural Revolution, …

Didi Chuxing, BAIC Group To Cooperate On Chinese Electric-car Fleets

China’s ride-hailing service provider Didi Chuxing has announced a strategy partnership with state-owned car maker Beijing Automotive Group Co., Ltd (BAIC Group) to strengthen cooperation on new-energy-vehicle sharing services. “Electric vehicles play a key role in the mobility industry,” said Cheng Wei, founder and CEO of Didi Chuxing. “Shared mobility, new energy vehicle networks, and new AI driving technologies are integrally linked to each other.” Didi and BAIC Group will cooperate in the areas of energy vehicle fleet operation, big …

Hillhouse Capital Partner Jing Hong To Depart And Start Own Fund

Jing Hong (pictured), a partner at Chinese private equity and venture investment firm Hillhouse Capital, has reportedly left the company to start her own fund. This is the latest in a string of investment professionals leaving established firms to set up their own fund to tap into the booming private investment market in China.