IDG Capital

Shanghai offers wider access to foreign funds to buy start-ups, signals more QFLP quota

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Shanghai offers wider access to foreign funds to buy start-ups, signals more QFLP quota

Foreign asset managers will be given more freedom in making private equity and venture capital investment as the city cranks up growth in the financial and technology sectors, mayor Gong Zheng said, amid signs geopolitical tensions and regulatory clampdown have thwarted inflows. “International asset managers will be encouraged to invest more in Shanghai’s technology firms … Read more

Exclusive | Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

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Exclusive | Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

The concerns of shareholders adds to the challenges Shein has faced while searching for a place to host its public debut. More troublesome for the online retailer is the regulatory vacuum it finds itself in owing to its Chinese origins and operations, said a person who is familiar with the procedures for companies to conduct … Read more