Greater China startups raise $17b in Q2, but scrutiny of tech firms mars future prospects
July 29, 2021
Greater China startups saw decent fund flows from private equity (PE) and venture capital (VC) investors, and also a buoyant IPO market, in April-June 2021. Yet, investors are bracing for a tough period ahead amid Beijing’s tightening regulatory scrutiny of the country’s tech giants.
In Q2 2021, nearly $17 billion worth of deals were sealed between startups and PE-VCs, showed data from our latest DATA
VANTAGE report Greater China Deal Review: Q2 2021. While this is down 29.7% sequentially, mainly due to the absence of billion-dollar investments, dealmaking was still more vibrant than in COVID-marred Q2 2020 when startups collected only around $9.5 billion
Posted by Financial Horse | Jul 18, 2021 | Investing | | Rounding up top investing articles from around the web, including articles shared in our Reddit Community: r/SingaporeInvestments.
Singapore’s state investor Temasek reports record portfolio value of $283 billion (CNBC) Singapore’s state investment company Temasek said the net value of its portfolio grew to 381 billion Singapore dollars (around $283 billion) in the financial year ended March 31.The portfolio expansion came as Temasek’s one-year shareholder return jumped to 24.53%, the company said.Mukul Chawla, Temasek’s joint head for telecommunications, media and technology, said the company is “very optimistic” about China despite the changing regulatory environment.
Temasek remains bullish on China as Beijing cracks down on tech sector asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
July 14, 2021
A Temasek logo is seen at the annual Temasek Review in Singapore, July 7, 2016.
Reuters
SINGAPORE, July 13 - Singapore s Temasek Holdings reported a 25 per cent rise in its portfolio value to a record $381 billion in the year ended March 2021, with gains powered by a global equities rally and the public listing of some of its holdings.
Ranked among the biggest investors in the world, Temasek is anchored in Asia, with 64 per cent exposure to the region as measured by underlying assets of its portfolio companies, most of which are in China and Singapore.
The increase in its portfolio value was the highest in a decade and follows a 2.2 per cent drop the previous year, with the state investor making record investments and divestments in the latest year, Temasek executives told a news conference on Tuesday (July 13).
Didi Backer Temasek Optimistic on China Despite Regulatory Risk msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.