Singapore’s Temasek Leads $100M Round In Chinese Robotics Firm Rokid

Singapore’s Temasek Holdings has led a new funding round in Rokid, a Chinese robotics start-up. Investors including Credit Suisse Group, CDIB Capital International, and existing investor IDG Capital also participated in the round, Rokid announced on its Wechat official account. The company did not disclose the amount it raised, but Chinese media reports put the number at US$100 million. Rokid did not immediately respond to China Money Network’s inquiry to confirm the figure. The new round values the company at …

Philip Tye: Hong Kong’s Role As Asian Hedge Fund Center Will Strengthen

In this episode of China Money Podcast, guest Philip Tye, chairman of the Hong Kong National Group of The Alternative Investment Management Association (AIMA), talks with our host Nina Xiang about what the Hong Kong government is doing to retain and attract hedge funds to the city; why Asian hedge funds haven’t rebounded as much as other places; and what should small Asian hedge funds do to stay relevant to investors. Read an excerpt below, but be sure to listen …