Mojia Biotech, a Chinese bio-manufacturing company, has raised USD80 million in its latest financing round led by Singaporean sovereign wealth fund Temasek Holdings. Private equity investor Lyzz ... ( read original story ...)
KKR-owned auto supplier Marelli enters court-led restructuring
Struggling Japanese auto parts supplier Marelli Holdings will enter a court-led restructuring process after failing to get creditors to back an alternative workout plan that would have brought faster ... ( read original story ...)
China’s Mojia Biotech Closes USD80 Million Fundraiser Led by Singapore’s Temasek
Chinese bio-manufacturing company Mojia Biotech has secured USD80 million in its latest financing round led by Singaporean sovereign wealth fund Temasek Holdings. Private equity investment firm Lyzz ... ( read original story ...)
Chinese chip maker Loongson Technology goes public in Shanghai
Chinese chip maker Loongson Technology went public on the STAR Market technology board on the Shanghai Stock Exchange on Friday, with the firm’s stock ... ( read original story ...)
Two test drivers killed as Nio electric car plummets out of office building in Shanghai
Social media users criticised Nio’s statement claiming the incident was an “accident” not caused by issues with the vehicle ... ( read original story ...)
2 people died after a Nio electric car they were test driving fell 3 floors in Shanghai, company says
Nio markets itself as a premium car brand focused on autonomous cars. It's often seen as a rival to Tesla. ( read original story ...)
China’s new aircraft carrier and its cutting-edge technology still needs lots of tests
The US Navy is the only other military to use the kind of technology aboard China's new aircraft carrier, Fujian. ( read original story ...)