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Category: Software and Hi-Tech

Muyuan closes debut loan at smaller size of $140m

Chinese pork producer Muyuan Foods saw lukewarm appetite among banks for its debut syndicated loan, which was closed at a smaller size of $140m.

Tencent-backed Kuaishou eyes Hong Kong bourse

Chinese video-sharing platform Kuaishou Technology is planning to float in Hong Kong, having filed a draft prospectus with the city’s stock exchange.

AI-driven protein pioneer Protera gets Sofinnova Partners-led Series A round

Protera, an AI-driven startup designing and developing new proteins, has closed a $5.6m Series A financing led by European life sciences venture capital major Sofinnova Partners.

Cybersecurity firm launched by ex-head of Israel’s Internal Security Agency gets Jerusalem Venture Partners investment

A cybersecurity company launched by the former head of Israel’s Internal Security Agency Shin Bet has picked up $7m of seed funding led by Jerusalem Venture Partners and private angel investors.

Maldives gets second Fitch downgrade of the year

The island nation of the Maldives received a fresh blow this week after Fitch Ratings downgraded the country by three notches to CCC due to external liquidity pressure and increasing debt burden.

Antengene readies Hong Kong listing

Antengene Corp, a clinical-stage biopharmaceutical company, is set to launch the roadshow for its Hong Kong IPO next week after wrapping up pre-deal investor education, according to a source close to the listing.

AMB :- Opalesque Exclusive: The Corona Fighters Report 44: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. Capita...Article Link

Opalesque Exclusive: The Corona Fighters Report 44: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. Capital preservation Ruffer'...Article

Public sector specialist Field moves to escrow business

Simon Field, who spent many years in HSBC’s global banking team looking after public sector clients, has taken up a new position as global head of escrow.

Alinda Capital Partners holds first exit for its Infrastructure Fund III

Alinda Capital Partners, which is focused on mid-market infrastructure investments, has made the first exit for its Infrastructure Fund III, through the sale of Energy Assets.

Sweden launches two year dollar benchmark

Sweden hit the dollar market on Tuesday, raising $2.5bn with a two year benchmark in what is likely to be the week’s only SSA dollar supply.

China seeks way into CEE with closer co-operation but investment remains low

Though China has increased co-operation with Central and Eastern European nations in recent years, provoking some concern in the EU, investment volumes remain muted. Non-EU nations in the Balkans, however, offer a chance to progress

Yongda Auto tops up with HK$995m share sale

China Yongda Automobiles Services Holdings has added HK$994.8m ($128.4m) to its coffers after selling a chunk of stock in a top-up placement.

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