Li Dongmei




PwC’s Victor Jong Says "Learning Curve Is Steep" For Chinese Debt Restructuring Participants

Victor Jong, Partner, Advisory Services, PwC, is based in Shanghai and has practiced in the insolvency and corporate reorganization field since 1994. He transferred to PwC’s Shanghai office in 2004 to develop the restructuring and insolvency practice in mainland China. He has advised on numerous debt restructurings, distressed investments, receiverships and liquidation assignments in the Greater China region.

China VC/Tech News Roundup: Jack Ma On Blockchain, Bitmain Leads $110M In Circle, Roadstar.Ai’s $128M Round

In this episode of China Money Podcast, listen to all the news headlines in the week of May 14-18, 2018 with host Nina Xiang. Topics covered include Alibaba’s founder Jack Ma’s views on blockchain, the world’s largest Bitcoin miner Bitmain leading US$110 million in Goldman Sachs-backed Circle, and Chinese autonomous driving start-up Roadstar.ai raising a massive US$128 million financing round. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. …

South Korean Regulators Deepen Investigation Of The Country’s Largest Cryptocurrency Exchange UPbit

The Financial Supervisory Service (FSS) of South Korea will assist the Korean Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) in evaluating the balance sheet of UPbit, the country’s largest cryptocurrency exchange. The regulators will also review existing regulations on cryptocurrency exchanges in the country.

Didi Suspends Hitch Service For A Week Following Murder Case

Chinese ride hailing giant DiDi said it will suspend its hitch service nationwide for a week for rectification, following a murder case earlier this week. The case comes at a time when Didi is reportedly planning an initial public offering this year or next, and is facing increasing competition from strong new players in China’s ride hailing market including Meituan Dianping and Ctrip.

Japan’s SBI Invests In Taiwanese Blockchain Project OwlTing

Taiwanese blockchain start-up OwlTing has received a strategic investment in the company by Japan’s SBI Crypto Investment, a wholly-owned subsidiary of SBI Holdings, the company announced. The investment is an eight figure U.S. dollar investment for 20% equity, according to the announcement.

China VC/Tech News Roundup: Chinese Robot Maker Scores $820M Round, Baidu Unit Secures $1.9B

In this episode of China Money Podcast, listen to all the news headlines in the week of April 30-May 4, 2018, including Chinese robot maker Ubtech scoring a US$820 million around, and Baidu’s financial services arm securing a US$1.9 billion round. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. Follow us on Twitter @chinamoneypod, follow us on our LinkedIn page. Please scan the QR code below to follow …

China VC/Tech News Roundup: Baidu’s New AI Fund, Six Mega VC Rounds In One Week

In this episode of China Money Podcast, listen to all the news headlines in the week of April 23-27, 2018, including Baidu’s new AI fund, a number of VC fund closings and six mega VC rounds each worth US$100 million and more. One round was a whopping US$1.9 billion. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. Follow us on Twitter @chinamoneypod, follow us on our LinkedIn page. …

CITIC Capital, China Everbright Back Renewable Energy Firm Arctic Green Energy

Arctic Green Energy, a renewable energy company focusing on creating zero-emission cities, has completed a new funding deal from CITIC Capital, China Everbright Ltd. and Asian Development Bank. CITIC Capital, an early investor in Arctic Green Energy since 2015, has exercised its conversion rights to acquire equity of US$30 million in Arctic Green Energy. China Everbright Ltd. has purchased shares and an exchangeable bond issued by Arctic Green Energy for a total of US$70 million. Previously, Arctic Green Energy announced …