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Centurium-led consortium completes $4.76b take-private deal of China Biologic


Centurium-led consortium completes $4.76b take-private deal of China Biologic
April 22, 2021
Nasdaq-listed biopharmaceutical firm China Biologic Products Holdings suspended the trading of its shares on Wall Street on Wednesday, after the completion of a take-private deal sponsored by a Chinese buyout group that valued the firm at about $4.76 billion.
The consortium is led by entities affiliated with Centurium Capital, a private equity (PE) firm founded by former Warburg Pincus partner David Li. Other investors in the consortium include Chinese PE company CITIC Capital; Asia-focused Hillhouse Capital; and V-Sciences Investments, a subsidiary of Singapore’s Temasek Holdings, among others.
China Biologic signed the deal in November 2020, in which the investors had agreed to pay $120 per share in cash to privatise the firm through its merger with CBPO Group Limited. China Biologic will cease to be a publicly-traded company as a result of the deal. ....

David Li , Warburg Pincus , David Gao , China Biologic Products Holdings , China Group Investment , Singapore Temasek Holdings , Gl Capital Group , Wall Street , Centurium Capital , Asia Focused Hillhouse Capital , V Sciences Investments , Temasek Holdings , China Biologic , Medical Appliance , டேவிட் லி , வார்பர்க் பிங்கஸ் , டேவிட் கொ , சீனா உயிரியல் ப்ராடக்ட்ஸ் ஹோல்டிங்ஸ் , சீனா குழு முதலீடு , சிங்கப்பூர் தேமாஸேக் ஹோல்டிங்ஸ் , க்ல் மூலதனம் குழு , சுவர் தெரு , ஆசியா கவனம் ஹில்ஹவுஸ் மூலதனம் , வ் அறிவியல் முதலீடுகள் , தேமாஸேக் ஹோல்டிங்ஸ் , சீனா உயிரியல் ,

Surgical robot developer EDDA raises $150m led by SoftBank Vision Fund 2


Surgical robot developer EDDA raises $150m led by SoftBank Vision Fund 2
Source: Marcel Scholte/Unsplash
April 8, 2021
EDDA Technology, a developer of intelligent robotic solutions for precision surgery, has raised $150 million in a round led by SoftBank Vision Fund 2. The company will use the proceeds to further its ambition of combining precision surgery with AI and robotics for better patient outcomes in China and worldwide.
Global healthcare investment firm OrbiMed and Hong Kong-based investment manager 3W Fund participated in the investment, alongside EDDA’s existing investors including Morningside Ventures, Matrix Partners China, SoftBank China Venture Capital, Bank of China Group Investment, Trust Bridge, and Draper Dragon, among others. ....

Draper Dragon , Qian Jianzhong , Technology Inc , Drug Administration , Siemens Corporate Research , Union Medical College Hospital , Edda Technology , Pw Fund , China Group Investment , Softbank Vision Fund , National Medical Products Administration , Hong Kong Based , Morningside Ventures , Matrix Partners China , Softbank China Venture Capital , Trust Bridge , Mayo Clinic , Peking Union Medical College Hospital , West China Hospital , Shanghai Ruijin Hospital , டிராப்பர் டிராகன் , தொழில்நுட்பம் இன்க் , ஸீமெந்ஸ் பெருநிறுவன ஆராய்ச்சி , தொழிற்சங்கம் மருத்துவ கல்லூரி மருத்துவமனை , எட்டா தொழில்நுட்பம் , டப்ல்யூ நிதி ,

Chinese new energy solutions provider SVOLT closes $541m Series A round


Chinese new energy solutions provider SVOLT closes $541m Series A round
Tobias Hans, Minister President of Saarland, Germany said in a press conference on November 17, 2020 that SVOLT Energy Technology plans to build two battery production factories, at a combined cost of about 2 billion euros ($2.4 billion), in Saarland. Source: SVOLT Energy Technology
February 26, 2021
SVOLT Energy Technology, a Chinese developer of electric vehicle (EV) batteries and energy storage solutions, has pocketed a total of 3.5 billion yuan ($540.8 million) in a Series A round of financing.
The new round was led by Bank of China Group Investment, a Hong Kong-incorporated direct investment arm of Bank of China (BOC), and private equity (PE) firm CMG-SDIC Fund Management. ....

Yang Hongxin , China Group Investment , Capital Operation Centre , Changzhou Venture Capital Group , Svolt Energy Technology , Fund Management , Hong Kong Incorporated , Beijing Financial Street Capital Operation Centre , Cathay Capital , Haitong Securities , Great Wall Motor , Wuxi City , சீனா குழு முதலீடு , மூலதனம் செயல்பாடு மையம் , நிதி மேலாண்மை , ஹாங் காங் இணைக்கப்பட்டது , பெய்ஜிங் நிதி தெரு மூலதனம் செயல்பாடு மையம் , கேத்தே மூலதனம் , நன்று சுவர் மோட்டார் ,

Parsing China's 'Cancel Culture' – The Diplomat


How does China use nationalism in international brand controversies? And where are its limits?
By
January 26, 2021
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In mid-January, comedian Uncle Roger apologized to Chinese netizens for hosting a video with Mike Chen of Strictly Dumpling, a China critic who had spoken out against the state’s treatment of its Uyghur minorities and the Hong Kong national security law. Also recently, YouTuber Hamji was disparaged by Chinese internet users for giving a thumbs-up to a comment that said China had wrongly claimed kimchi and ssam – both well-known Korean dishes – as their own. In another incident late last year, Chinese netizens called for a boycott of the show “Running Man” for allegedly depicting Taiwan as a separate country from China on a game board. And the list of controversies goes on. ....

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