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2017 In Review: China’s Top 10 Outbound Deals Reflect Beijing Crackdown On “Unsound” Investment

Seven of China’s ten biggest outbound M&A deals of 2017 were in the logistics, energy and mining sectors, reflecting Beijing’s year-long crackdown on what is considers “unsound” overseas investments. This marks a sea change from 2016, when eight of the ten biggest cross-border M&A deals were in the technology, entertainment and tourism sectors.

Chinese PE/VC Firms Achieve Record Exits In 2017, IPOs Almost Double From Year Ago

The year 2017 will be remembered as a record setter for the Chinese private equity and venture capital industry, as the number of IPO exits secured by PE/VC firms this year almost doubled from a year ago. In fact, the number of IPO exits in 2017 is equals to half of all IPO exits recorded in the six years from 2011 to 2016.

Chinese Doctors’ Social Network Medlinker Raises $60M In Series C Round

Medlinker, a Chinese social networking platform for doctors, has raised a RMB400 million (US$60 million) series C round led by China Electronics Corporation Data (CEC Data), a data service provider under China Electronics Corporation, which is a state-owned conglomerate directly administered by the central government.

2017 In Review: China’s 30 Largest Venture Capital Deals

For China venture capitalists, 2017 was a big deal year. While overall VC activity kept the robust pace of a record 2016, the year of 2017 witnessed a large number of record-setting mega deals that defined the growth trajectory of China’s tech sector and made headlines worldwide.

From University To Rising Star, How One Chinese AI Start-Up Aims To Make China “Smart”

Yao Song, founder of upstart Chinese artificial intelligence (AI) start-up DeePhi Tech, has a nickname: “Boss Yao”. The 25-year-old Tsinghua University graduate has been on a winning streak so far. After securing a victory at a national physics competition championship, Yao was admitted into China’s top university to study electrical engineering without having to take the university entrance exam. While at Tsinghua, he chaired a prominent student science association and organized innovation competitions on campus.

Sequoia China Leads Pre-A Round In Chinese New Energy Carmaker Leapmotor

Sequoia Capital China has led a Pre-A round in Hangzhou-based Chinese new energy carmaker Leapmotor. Financial details were not disclosed in an announcement made by the two companies on the sidelines of the World Internet Conference in Wuzhen, Zhejiang province. Leapmotor was established backed by Shenzhen-listed Dahua Technology Co., Ltd., a provider of video surveillance products and services. Sequoia China is the first institutional investor in the company.

China’s Ping An Capital Leads $121M In Singapore’s Fullerton Healthcare

Ping An Capital, the core equity investment platform of one of the largest Chinese insurers Ping An Insurance Group, has led an over RMB800 million (US$121 million) investment deal in Fullerton Healthcare Corporation Ltd., a Singapore-based provider of corporate healthcare solutions across Asia Pacific, according to an announcement issued by Fullerton Healthcare.

Sequoia, Lightspeed China Poised To Exit After Fintech Firm Jianpu Technology’s US IPO

Chinese fintech company Jianpu Technology Inc.’s debut on the New York Stock Exchange Thursday was a disappointment, with the stock gaining only 5% despite the company pricing its IPO at below its anticipated price range. Despite the lack-luster debut, the firm’s IPO marks the second successful fintech exit for backers including Sequoia Capital and Lightspeed China Partner I, L.P., after PPdai, a Chinese peer-to-peer lending platform, went public in New York last month. Sequoia Capital and Lightspeed own 17.6% and 16.7% of Jianpu Technology, …