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Chinese Logistics Entrepreneur Becomes A Billionaire As His J&T Express Gears Up For Hong Kong IPO

Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in Hong Kong.

Wang weiUnited statesHong kongLiang xiaojingTony chenEverbright securities internationalUniversity of scienceSf holdingBloomberg newsBoyu capitalHillhouse capitalTechnology beijingSoutheast asiaLatin americaMiddle eastHong kong based

Editor s take: The week that was — June 5-10

This week's significant developments included the split of storied VC firm Sequoia Capital and a change of guard at Indonesia's GoTo.

Jawa timurKhazanah nasionalGrace leeAndre soelistyoPatrick walujoGoto groupShenzhen capital groupJiangsu xinhua semiconductor technologyNorthstar groupAakash education servicesYork supreme courtSequoia capitalSoutheast asiaChina focused hongshanSilicon valleyTemasek backed leapfrog investments

China s Monolith closes USD fund despite shift to RMB vehicles

The maiden VC fund adds to Monolith's first tech-focused hedge fund, for which it raised over $500 million at its inception in 2021.

Monolith managementBoyu capitalSequoia capital china

Boyu, Hillhouse, others vie for HK-based medical device firm Quasar -sources

HONG KONG : Private equity firms Boyu Capital, Hillhouse Capital and BPEA EQT are among bidders vying for Longreach Group's Hong Kong-based medical device maker Quasar, three people with knowledge of the matter said.Longreach, an Asia-focused private equity firm, is targeting a valuation of as much as $60

Goldman sachsLongreach group hongBoyu capitalHillhouse capitalLongreach groupHong kong basedGeneral atlantic

Eight Roads Ventures leads Adcentrx Therapeutics s $38m extended Series A round

Eight Roads Ventures leads Adcentrx Therapeutics s $38m extended Series A round
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Trinity innovation fundAdcentrx therapeuticsSan diego headquarteredAntibody drug conjugateEight roadsCambridge basedf prime capitalBeijing based trinity innovation fundDelta capitalBoyu capital

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