China’s tightening of fintech regulations has dealt a blow to companies such as Alibaba and Tencent. With a slew of IPOs coming in Hong Kong, investors assess tech stock valuations.
The pandemic has spurred an uptick in the adoption of technology, but for some private equity managers and investors implementing the change has not been easy.
The private equity firm and sovereign wealth fund took advantage of strong bond markets to raise funds to pay themselves a special dividend in an Indian outsourcing company.
Some investors feel China's technology sector has been overfunded and that even some unicorns – private companies worth $1 billion-plus – will die off.
Institutional-grade capital must be properly incentivised to participate in the Hong Kong government’s new HK$2 billion tech fund, says Denis Tse of the HKVCA.
Andrew Musters, Global Head of Private Equity at Robeco, discusses clean tech private equity.