Tony Hsu: Invest Like Warren Buffett With A Chinese Twist

In this episode of China Money Podcast, Dalton Investments‘ Shanghai-based portfolio manager, Tony Hsu, explains to our host, Nina Xiang, how to execute the playbook of Warren Buffett in China, the reasons why Dalton’s Asian equity strategy has consistently beat the market and his outlook for the markets in 2013. Listen to the full interview in the audio podcast, or read an excerpt below. Q: First, give us a brief introduction of Dalton Investments and Dalton’s Asian equity strategy? A: …

Intel Capital-Backed ASPEED Technology IPOs In Taiwan

Intel Capital‘s portfolio company, Hsinchu City, Taiwan-based ASPEED Technology Inc., IPOs today on Taiwan’s GreTai Securities Market, the island’s over-the-counter market. Reflecting a still tough IPO market worldwide, this is Intel Capital’s first IPO by one of its portfolio companies this year. Founded in 2004, ASPEED Technology is a software and network applications company.

Beijing-Based Keys Fund Forms Strategic Cooperation With Lombard Global

Beijing-based private equity and venture capital firm, Keys Fund, says it has formed a strategic cooperation with Lombard Global, a Plano, Texas-headquartered investment banking and management consulting firm. Founded in 2011, Keys fund focuses on investing in early and expansion stage companies in the healthcare, new material, advanced equipment, TMT (technology, media, telecommunications) and green energy sectors.

CDH Investments To Close $2.5B Fifth Fund

Beijing-based alternative investment firm CDH Investments is likely to close its fifth fund at US$2.5 billion in the next few weeks, according to media reports. The final tally is US$500 million over its fundraising target of US$2 billion for the firm’s latest vehicle, CDH Fund V L.P. Lately, CDH Investments has backed Chinese tech companies including personal finance bookkeeping and management app maker Wacai and movie ticket booking site Gewara.com, as well as consumer oriented firms China Modern Dairy and …

Private Equity Firms Speed Up Investments In China

Chinese venture and private equity firms executed a total of 89 investments during the fourth quarter of 2013, making it the most active quarter since the third quarter of 2011, according to a release by the Emerging Markets Private Equity Association (EMPEA).

Gaorong Capital Leads $48M Series A Round For Avazu

Shanghai-based digital advertising solution provider Avazu Inc. has raised US$48 million in series A financing, according to Chinese media reports. Gaorong Capital led the round. An undisclosed U.S.-based Internet-focused private equity fund and a group of unnamed Internet companies also participated.

China Venture Investments Jump To $2B During Q1

Venture capital investments in Greater China witnessed strong growth during the first quarter. Total venture deal value hit US$2 billion, more than double the US$800 million registered during the fourth quarter last year, according to research firm Preqin.

Fosun Launches $100M US Venture Arm

Shanghai-headquartered Chinese privately owned conglomerate Fosun International Ltd. has launched a US$100 million venture arm in Silicon Valley to invest in technology companies that are looking to expand in China, according to media reports.

Matrix-Backed Cheetah Mobile Downsizes IPO By One-Third

Beijing-based Chinese security software maker Cheetah Mobile Inc. has finalized pricing terms for its U.S. IPO, planning to raise up to US$174 million by offering 12 million American Depository Shares (ADS) at a price range of US$12.50 to US$14.50 apiece, according to a securities filing of the company.

Venture-Backed Tuniu Raises $72M In NASDAQ IPO

Nanjing, Jiangsu province-based Chinese travel and tour service provider Tuniu Corporation priced its IPO at US$9.0 per American Depository Share (ADS), raising a total of US$72 million. Its shares began trading on the NASDAQ on May 9 under ticker symbol "TOUR".