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Exits

Ping An Healthcare Set For Hong Kong IPO At Likely $5B Valuation

Ping An Healthcare And Technology Co., Ltd., which operates the popular healthcare and medical mobile app Ping An Good Doctor, has…

China’s BAIC Group Plans $4.5B Stock Listing For Electric Vehicle Unit

Chinese state-backed car maker Beijing Automotive Group’s (BAIC Group) will list its electric vehicle business unit, BAIC BJEV on the…

Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR

Chinese tech giant Alibaba Group Holding Ltd. is reported to have bought a US$3 billion stake in bike sharing firm…

China’s LexinFintech Completes $108M Listing As Sixth Chinese Fintech IPO In US

LexinFintech Holdings Ltd. (NASDAQ:LX), a Chinese online lender previously known as Fenqile backed by investors including Matrix Partners and JD.com…

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…

Chinese Online Lending Firm WeLab, Backed By Li Ka-Shing, Plans $500M IPO

Hong Kong-based online mobile lending start-up WeLab, backed by investors including Credit Suisse Group AG, local tycoon Li Ka-Shing and…

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…

Recent IPOs Prove Chinese Companies Lie About VC Funding Rounds

As more Chinese companies go public it's becoming increasingly clear that many of them have lied about the level of…

Ant Financial-Backed Qudian Completes $900M US Listing

China's Qudian Inc., a provider of online consumer credit products backed by Ant Financial, has completed a listing on the…

Chinese P2P Lending Platform PPdai.com Plans $350M IPO In US

Chinese peer-to-peer lending platform PPdai.com will seek an initial public offering on the New York Stock Exchange, the company said…

Chinese Biopharma Firm Zai Lab Completes $150M US Listing, Shares Jump 55%

Chinese biopharmaceutical company Zai Lab Ltd., backed by Chinese venture capital firms including Advantech, OrbiMed Asia Partners and Qiming Venture…

Berry Genomics Completes $619M Back-Door Listing In Shenzhen

Berry Genomics, a Chinese prenatal genetic testing and diagnostics company backed by Qiming Venture Partners and Legend Capital, has completed…

Chinese Bike Rental Firm Youon Completes $87M Shanghai IPO

Chinese bike rental company Youon Bike, backed by Ant Financial and Shenzhen Capital Group, has completed an initial public offering…

Venture-Backed Biopharmaceutical Firm Zai Lab Plans $115M US IPO

Shanghai-based biopharmaceutical company Zai Lab, founded by Samantha Du, a former managing director at Sequoia Capital, has filed to raise…

Fortune Capital-Backed Incubator And Media Firm Iheima Completes Shenzhen IPO

Beijing-based start-up incubator Iheima, backed by Fortune Capital, has completed an initial public offering on the ChiNext, a NASDAQ-style board…

Venture-Backed BGI Genomics Completes $250M IPO On Shenzhen ChiNext

Chinese gene sequencing giant BGI Genomics Co., Ltd. today completed an initial public offering on the ChiNext board in Shenzhen,…

Li Ka-Shing Supported Hardware Developer Razer Inc Plans Hong Kong IPO

Razer Inc., a U.S.-based computer hardware developer for the gaming industry backed by Hong Kong tycoon Li Ka-Shing, is planning…

Alibaba-Backed Logistics Firm Best Inc To IPO In U.S.

Best Inc., the Alibaba-backed Hangzhou-based logistics company also known as Best Logistics Technology Co., has filed for an initial public…

Matrix-Backed HR Solutions Firm Career International IPOs On ChiNext

Career International, a Beijing-based talent solutions provider backed by Matrix Partners China, has completed a listing on the Shenzhen Stock…

Venture-Backed Jiuxian.Com To Delist From New Third Board, Eyes A-Share Listing

Jiuxian.com, a Beijing-based alcoholic beverage e-commerce company backed by venture firms, said it plans to delist from China's New Third…

Alibaba Nets $1 Billion Via Momo Share Sale In Ultra-Lucrative Exit

Chinese e-commerce giant Alibaba Group has netted at least US$1 billion in proceeds by selling most of its shares of…

Chinese Bike Sharing Company Youon Bike Makes Second Bid for Shanghai IPO

Jiangsu province-based bike sharing company Youon Bike is making another try for an initial public offering on the Shanghai Stock…

Alibaba Acquires Chinese Online Ticketing Platform Damai.Cn

Alibaba Group Holding Ltd's cultural and entertainment group has fully acquired Damai.cn, a Bejing-based online ticketing platform, according to a…

Legend-Backed Tanyuan Tech Completes $59M Shanghai IPO

Tanyuan Tech, a Jiangsu province-based high-tech new material maker backed by Chinese investment firm Legend Capital and GSR Ventures, has…

Qiming, GGV-Backed CSD Water Completes $36M Shanghai Listing

Beijing-based water treatment company CSD Water Services, backed by Qiming Venture Partners and GGV Capital, has completed an initial public…

Chinese Installment Payment Platform Fenqile Plans $600M US IPO

Shenzhen-based installment payment e-commerce platform Fenqile aims to raise around US$600 million via an initial public offering on a U.S.…

IDG-Backed Chinese Robot Vacuum Maker ECOVACS Files For Shanghai IPO

Chinese robot vacuum maker ECOVACS Robotics Co., Ltd., backed by IDG Capital, has filed with the country's securities regulator to…

Baidu Acquires Raven Tech, AI Alumni of Microsoft Venture Accelerator

Baidu Inc. has announced plans to acquire Beijing-based Raven Tech, a Chinese smart home control and smart hardware start-up utilizing…

Chinese Neighborhood Store Huimin Acquires Sequoia-Backed Beequick

Beijing-based neighborhood store start-up Huimin has acquired control of O2O (online-to-offline) peer Beequick, as a lack of new funding for…

Fortune Capital-Backed Furniture Maker Approved For ChiNext Listing

HomeKoo, a Chinese customized furniture manufacturer backed by Shenzhen Fortune Capital, has obtained regulatory approval to list on ChiNext, the…

Dozens Leave China’s New Third Board Hurt By Poor Liquidity

Fifty-six companies left China's New Third Board, an over-the-counter market designed for China's small-to-medium size enterprises, in 2016 as continued low…