Source: Yenlex Partners Yenlex Partners has opened a Shenzhen branch, marking its entry into the Greater Bay Area and building on its regional expansion plans following the launch of its Hangzhou office in 2023. Founded in 2020 and headquartered in Beijing, Yenlex focuses on private equity, investment funds, securities and capital markets, dispute resolution, intellectual…
Hi, this is Allen Wan in Shanghai, otherwise known as the world’s most compelling coffee city. I’m enjoying an Americano at a pretty empty Starbucks in my neighborhood as I write this and wondering what the future holds for this iconic American coffee chain in China. Despite getting this tea-drinking nation hooked on lattes and…
Senate Democrats are pushing the Trump administration for more information on US efforts to prevent American private equity and venture capital firms from bankrolling advances by China and other adversaries in key technologies including artificial intelligence and quantum computing. In a letter to Treasury Secretary Scott Bessent, five Democratic senators demanded a update on plans…
Look out below! Via ChatGPT The headlines about the U.S. electric vehicle markets are going to be ugly over the next six months or more. Don’t fall for it. Experienced investors know to look at underlying fundamentals when evaluating opportunities, and to take the long view. The U.S. market for EVs is in a classic…
Futu Holdings is expanding its footprint in Hong Kong with the opening of its first flagship store and inaugural Institutional and Private Wealth Services centre in Causeway Bay, underscoring the online brokerage’s ambition to capture the city’s growing base of high-net-worth clients. The new centre, occupying two floors with a combined area of more than…
Hi, it’s Alexandra Sternlicht filling in for Allie today. Figma’s sensational IPO last week resurrected longstanding debates about IPO pricing and first day pops—an unsurprising reaction to the newly listed stock’s 333% surge in its first days of trading. As investors dissect the offering (and as Figma’s stock settles back a bit, falling 27% on Monday), an equally important…
The first time Danny Rimer laid eyes on Dylan Field, Field was just 18 years old. Then, Field was an intern at the buzzy startup Flipboard. Field gave a presentation to the startup’s board, self-assuredly outlining his research about the features users loved and which ones flopped. Rimer, a partner at Index Ventures since 2002,…
British software firm Craneware said on Wednesday it has rejected a takeover proposal from U.S. private equity firm Bain Capital, stating that the 26.50 pounds-per-share proposal undervalued the company. Bain Capital’s proposal would have valued the British company at 939.4 million pounds ($1.27 billion) on Wednesday. Craneware’s shares were up marginally at 20.10 pounds at…