1. Delete the expression "cover the sale" and "bid up the house price", and welcome the revision of the negative list of private equity bonds. 2. Stabilize the property market. The number of policies issued this year has reached more than 780. 3. Huang Yu, executive vice president of the Middle Finger Research Institute: The property market recovery in first-tier and core second-tier cities is more obvious. 4. Shanghai extends the validity period of the "Interim Measures for Shanghai to Carry ou...
Haven1, a blockchain platform, announced the completion of a $4.60 million private funding round, with participation from Animoca Brands and KuCoin Ventures. The new funds are intended to be used to enhance Haven1's blockchain infrastructure, dedicated to improving decentralized finance and tokenized real-world assets.
On November 28, it was reported that Hong Kong, China plans to exempt private equity funds, hedge funds, and investment vehicles of the super-rich from paying taxes on cryptocurrencies, private credit investments, and other asset gains. This week,...
MARA Holdings, Inc. today announced its intention to issue a private placement of $700 million of aggregate principal in the 2030 convertible senior notes due (the "Notes"), with proceeds primarily used to purchase bitcoin, repurchase existing convertible notes due 2026, and for general corporate purposes. MARA expects to use the net proceeds from the sale of the Notes up to $200 million to repurchase its existing convertible notes due 2026 through a privately negotiated transaction (the "Existi...
Applied Digital, a bitcoin mining escrow and Cloud as a Service company, plans to raise $375 million through a private placement of convertible notes. The notes have an annual interest rate of 2.75% and will expire in 2030, and initial purchasers can buy an additional $75 million. The company plans to use some of the funds to trade capped options to hedge shareholder dilution risk and invest about $84 million in share buybacks. Applied Digital is not directly involved in bitcoin mining, but prov...
Thailand's Securities and Exchange Commission (SEC) has proposed new rules to allow mutual funds and Private Offering Funds to invest in digital assets, aiming to keep pace with international developments and respond to growing interest from institutional investors. A draft proposal released on Wednesday is seeking public feedback on revisions to the standards for digital asset investment funds. The regulator pointed out that while Thai investors can already purchase cryptocurrency ETFs abroad, ...
On September 24th, Li Yunze of the State Administration of Financial Supervision said that the State Administration of Financial Supervision will continue to support the sustainable, stable and healthy development of capital markets, and the next step will mainly start from the following three aspects: First, expand the pilot reform of long-term investment of insurance funds, support other eligible insurance institutions to set up private securities investment funds, and further increase investm...
Recently, the China Securities Investment Fund Industry Association sent a notice to some private equity managers through the asset management business comprehensive submission platform (ie AMBERS system) to carry out special project verification for some overdue funds and questionable projects. According to the notice, the scope of application of this special project verification is as of the date of data collection. According to the information filled in by the AMBERS system, there are Private...
On September 6th, the Zhejiang Securities Regulatory Bureau recently launched a private equity self-inspection work, focusing on bond transactions. A private equity manager in Zhejiang said that the self-inspection work covers 20% of private equity managers in Zhejiang, and the penetration is very strong, requiring the penetration of financial, product and investor information. "In fact, last year, the supervision checked the private equity managers in Zhejiang who only do bonds, mainly targetin...
On July 28th, recently, two Saudi ETFs ushered in a "violent" rise as soon as they were listed, and the turnover rate once reached 700%. A market rumor said that "private equity relies on hardware to improve the speed of order submission, and then monopolizes the purchase of Saudi ETFs". Many quantitative Private Offering Fund managers interviewed by reporters said that although quantitative has advantages over other institutional investors and retail investors in terms of hardware and speed, it...
June 24th news, recently, a "WeChat Channels suspended Private Offering Fund related users to apply for financial science live broadcast access" news spread in the industry. The reporter checked with a number of private equity people and found that the news is true. Many industry insiders admitted that since the beginning of this year, the supervision of the private equity industry has become more detailed, and private equity has gradually returned to the private domain. The industry has been pr...
On June 24th, recently, a "Notice on the Update of Financial Popular Science Live Access Standards" issued by the WeChat Channels team was widely disseminated in major WeChat groups. The main content was that WeChat Channels suspended Private Offering Fund-related users from applying for financial popular science live broadcast access. In addition, from June 27th, WeChat Channels will disqualify Private Offering Fund-related users who have obtained financial popular science access qualifications...