China Digest: Bilibili invests $123m in X.D. Network; Torre Oria nets over $15m
Chinese video streaming major Bilibili has proposed to invest $123m for a 4.72% stake in X.D. Network.
Thai central bank to test retail baht digital currency next year
The Bank of Thailand is seeking public opinions by June before developing the digital currency.
Vietnam’s Vingroup to raise $500m in first international bonds sale
The bonds will be issued this year and listed on Singapore’s stock exchange SGX.
58.com’s used goods trading platform Zhuan Zhuan rakes in $390m
The funding came from Greater Bay Area Homeland Development Fund and Qingyue Fund.
Hillhouse-affiliate HM Capital hits first close of debut USD fund
HM Capital had closed its debut RMB fund at 2 billion yuan ($305 million) in Jan.
Taiwan’s Cathay Life Insurance commits $60m to US-based Genstar Capital’s Fund X
Genstar Capital is seeking to raise $8 billion for its latest fund.
Malaysia’s AmBank seeks to raise around $196m via private placement
The bank has proposed a placement of 300 million new shares.
FMO approves $50m investment in microfinance lender BRAC Bangladesh
The 5-year facility will be fully earmarked for the financing of the microloan portfolio of the company.