RYB’s Child Abuse Scandal Reflects Poor Diligence By Top Investors Including Hillhouse, Greenwoods

The child abuse scandal at RYB Education Inc. (NYSE:RYB) reduced its stock price by nearly 40% last week, just three months after the company’s New York Stock Exchange IPO. The collapse has cost the company’s top ten institutional investors, including China’s largest private equity fund Hillhouse Capital and well-known investment management firm Greenwoods Asset Management, a combined US$52 million on paper. But the losses might have been avoided if investors had taken into account some inherent weaknesses in RYB’s business …

Temasek Invests In Mobike To Bring 2017 Total Funding To $300M For Bike Share Firm

Chinese bike sharing company Mobike has received new strategic investment from Singapore’s state investment firm Temasek Holdings and existing investor Chinese investment firm Hillhouse Capital to raise a total of over US$300 million since the start of 2017, a tremendous feat for a start-up with actual operation time of less than one year.

NY-Listed Zhaopin In Advanced Talks With SEEK, Hillhouse On Take-Private Deal

New York-listed Chinese online recruiting portal Zhaopin Ltd. said that it is in advanced discussions with a consortium led by its largest shareholder SEEK International Investments Pty Ltd., together with investment firms Hillhouse Capital Management and FountainVest Partners, about a potential buyout transaction to take the company private.