East Asia

Chinese gas firm completes $70m financing

China Gas, the Hong Kong-listed piped gas distributor, has pulled in financing from foreign investment groups to develop natural gas projects in China.

Carlyle agrees to seminal Chinese buyout

The US buyout outfit has completed what is believed to be the first acquisition of a controlling interest in a former Chinese state-owned enterprise by a private equity firm.

First Eastern launches China/India fund

First Eastern Investment Group, China’s largest domestic private equity firm, is to launch a new $200m fund aimed at facilitating trade between China and India.