Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The Hong Kong Stock Exchange, for the first time, on July 9, 2025, 5 companies and ETF noted their lists.
Bloomberg | Bloomberg | Getty pictures
This report is from the Chinese connection bulletin that brings the driving and analysis of CNBC’s second largest economy of the world. Every week, we will explore the biggest work stories in China, we will help you build a Lownown for market movements and for next week. As you can see? You can subscribe here.
The great story
These days, China’s enterprise capital circles have excitement: foreign investors begin to return with US dollars.
Is the result of this Deepseek’s EU disorderscombined with a juice Hong Kong IPO Market This year on the road to pass on top of Wall Street Raised with the world’s largest money. Beijing also helped to support enterprises in recent months.
The increase in the Hang Seng Index so far in this year reflects nearby optimism. Another sign comes from the word of Chinese Ventu Capital Firms, which grows US dollars-denominated funds, After dry magic which VCs had to have Contact local investors with Chinese Yuan Foundations.
Beijing-based Bai capital, in February, said he began to rise to a $ 800 million fund and plans to close the initial tour in September. The company is supported by German Global Media Conglomate Bertelsmann Group.
Bai, then Chinese-based companies will use to invest in the US dollar-denomination fund, he said he saw “strong interest”. To date, the company has left the company to 10 companies that plan to go to the public in the next two years.
Future Capital Discovery Fund, at the beginning of the start of high flying electric car LionThis was the second half of last year, the US dollar-denomination fund hit a record record of a record of $ 210 million.
“Once a fundraising window, we must quickly capture the opportunity to collect funds,” said Mingming Huang, Beijing, in Chinese, China has been very different in China for a long time to increase the US dollar. “
“Now, we must be very sensitive to macro trends, especially the ties between large economies,” he said. Investors plan to place capital from the Middle East, and this in the US, Europe, Japan and Southeast Asia, and it also plans to capitalize the company included in investment firm, AI agents and hardware.
However, China has been for VCS and limited partners for several years.
In the world of VC, a firm earns money from a number of “limited partners”, which includes sovereign wealth funds, pension funds, university tenders and family departments. While salary to manage the Foundation, the VC selects beginners to collect a premium from the iPos of companies shared with limited partners.
China Walking Company Didi’s fall around New York Ipo in June 2021On the 100th eve of the Judge Chinese Communist Partyth Anniversary – Although very much Beijing warnings About the information about the information about the privacy – did not sit well with regulators on both sides of the ocean. Didi was supported by a long list of prominent investors in numerous financial tours AppleSoftBank and Sequoia Capital.
China will later lift the rod for companies abroad, and Washington launched the US capital, especially in finance activities, studied the pink part Border investments.
Note that Sequoia Capital China erase In 2023, the US was rebrandated under parents and HSG. This has not responded to a survey for comment on the latest US dollars fund collection plans. Porcelain weapons include GGV capital, which includes Granite Asia and California, which burying or reconstructed other VCs and re-established Chinese operations.
An eye to an eye
Didi Everything is not the same as in the years of iPo.
Instead of giving money to a venture capital, instead of giving money, in Europe, in the Middle East and Asia, China Internet Giants and Chinese Internet Giants and XiaOhongshu preferred to buy direct property. Last year, the Source Code released the source code to start its 590 deals, pay attention to such transactions, taking care of such deals and shares in funds.
Although Beijing-based Tiktok parents are not openly listed, the demand for shares is so high that they are so high, as they would be able to cancel or sell. Although the sellers are mainly inclined to come from the United States and Asia, XU, the buyers usually said the EU, the Middle East or Asia.
It is a great opportunity for the return.
Earlier this year, the early $ 245 billion was evaluated this year, on Tuesday, investors began to adopt the uncertainty of US-Tiktok, had more than $ 345 billion.
The Jews refused to comment on his evaluation.
The company has become a quiet force in China’s Internet world. In addition to having a famous Chinese Tiktok equivalent named Douyin – overcoming Jd.com last year to be the second largest e-commerce platform with total sales – ByretteLance was also developed by a popular AI chatBot called Danao along with the AI agent platform called Coze.
XU, AI and robotics such as technical investments, resources and capital needed, smaller beginnings. Buying a share in a large company like horrible product lines, loves to buy a stock trading fund.
For example, Tencent not only develops its AI models and applications, but also invests in AI beginnings. This reported that the 58 billion yuan was comrades from his colleagues and joint ventures to grow about five times from joint ventures and joint ventures 25.2 billion yuan According to the company’s annual report, more than 12 months.
Global ambitions
The world of China and the world is already directed to the domestic market.
According to macroeconomic environment and technological trends, Bai Capital said that its investments will be divided between the beginnings of the local and abroad. Fintech will expand the world in the world of entertainment, AI and supply, while paying attention to the potential of the other half in China, while China-based companies in China will be directed.
Since 2019, Bai has invested in many rounds in Mexico in Mexico in Mexico, a 3.6 million credit card user and 2.4 million depositors. “We believe that the success of Stori is not an isolated business.”
The question is as much as this VCS and their limited partners can stay up to the thall. Hong Kong stock exchanges proudly declared last week The busiest day for iPo and ETF begins so far: With six gong on stage.
The best TV selection in CNBC
James Peng, Autonomous Driving Company Pony AI, Uber Founder Travis Kalanick’nin the company’s possible interest in obtaining US operations.
The head of the economy of Oxford Loo says that China’s economic growth has a silver lining due to the ‘magnificent growth engine’ to ensure the same refutation, and will remain relatively strong despite the heads of tariffs.
Brookings Institute, Russian President Vladimir Putin, Russian President Vladimir Putin considered Chinese President Xi Jinping to support Ukraine and continues to count Pekin’s economic support and diplomatic support on the global stage.
You should know
In the markets
Mainland China and Hong Kong shares are mixed on Wednesday among the mixed trade in the region for investors’ US president Donald TrumpAfter reaching the initial trade deal with Indonesia.
Mainland China CSI 300 Hong Kong decreased by 0.35% while Hang Seng Index – Includes which Chinese companies – at 1:12 local time earned 0.15% at 1:21. Mainland benchmark 1.8% continues so far, the information from LSE showed.
Performance of the Shanghai composition during the past year.
Go out
July 21: People’s Bank of China decided to benchmark credit
