SE Asia: a hard nut for private equity

SE Asia: a hard nut for private equity

Financial Times 31 May 2013 Southeast Asia’s credentials as the next great frontier for economic growth, spurred by young populations and cautious optimism over planned structural reforms is one this year’s big emerging market themes. Just look at the Philippines,...
China’s First Bitcoin Fund Launches Fundraising

China’s First Bitcoin Fund Launches Fundraising

Stcn.com 29 May 2013 China’s first Bitcoin fund is in the process of raising fund. However, legal experts warned that Bitcoin fund is highly risky either in its form of organization or in its investment target. A Bitcoin fund has held road shows in Shenzhen, Guangzhou...
Carlyle Group to Buy Stakes in 2 Chinese Shopping Malls

Carlyle Group to Buy Stakes in 2 Chinese Shopping Malls

The Wall Street Journal 28 May 2013 SHANGHAI–Private-equity firm Carlyle Group will buy stakes in two Chinese shopping malls owned by SZITIC Commercial Property Co. Ltd., in the latest sign that foreign investors are still keen on investing in China’s...
Mid-August could see resumption of IPOs: insiders

Mid-August could see resumption of IPOs: insiders

Global Times 29 May 2013 China may end its moratorium on new initial public offerings (IPOs) as early as mid-August, the 21st Century Business Herald reported Wednesday, citing insiders with knowledge of the matter. These sources also said that regulators may impose...
LDK Solar May Miss Payment After Scrapping Silicon IPO

LDK Solar May Miss Payment After Scrapping Silicon IPO

Bloomberg 30 May 2013 LDK Solar Co. (LDK), the second-most indebted solar manufacturer, won’t be able to pull off a deal needed to cover a loan due to Chinese lenders next week. The company “is not currently intending” to spin off its polysilicon unit by June 3, as...
Sale of AIG plane lease unit to Chinese group at risk

Sale of AIG plane lease unit to Chinese group at risk

Reuters 31 May 2013 May 31 (Reuters) – A Chinese group’s purchase of ILFC, one of the world’s largest airplane leasing companies, could collapse after insurer American International Group Inc said on Friday it did not receive a scheduled deposit...