Lingjun Draws US$300 Million as Overseas Investors Return to China Quants
Lingjun Capital has attracted more than US$300 million from overseas investors and is discussing a further sovereign wealth fund allocation.
Trusted Insights. Asian Perspective.
Lingjun Capital has attracted more than US$300 million from overseas investors and is discussing a further sovereign wealth fund allocation.
DeepSeek reportedly raised about 100 billion yuan in new capital, with Tencent and CATL among the largest investors, although full terms remain undisclosed.
Low forward-implied yields and reduced volatility are strengthening the Singapore dollar’s appeal as a carry-trade funding currency.
Gold dropped below US$4,100 an ounce as rising oil prices strengthened expectations that interest rates could remain elevated.
The dollar paused after a recent decline as investors prepared for policy meetings in the United States, Japan and Europe.
Malaysia is still finalising a gas roadmap expected to address supply security, infrastructure, pricing and the energy transition.
South Korea’s central bank paused at 3.00% after two consecutive increases, balancing above-target inflation against debt and growth risks.
CIMB is considering strategic options for CIMB Niaga, including privatisation, as Indonesia’s higher minimum free-float requirement takes effect.
IBM raised its full-year free-cash-flow outlook after software and infrastructure growth lifted third-quarter revenue to US$17.1 billion.
Tencent acknowledged unintended browsing by agents evaluating third-party models after researchers traced thousands of attempts to obtain Amap data.