News Snapshot:
PE-owned Belle Fashion files for Hong Kong IPO China’s largest women’s footwear retailer Belle Fashion, which is backed by Hillhouse Capital and CDH Investments, has filed for a Hong Kong IPO with a reported target of USD 1bn. The size of the offering – set to be Hong Kong's largest in the retail space since 2020 – could still change depending on ongoing discussions about market conditions, according to Bloomberg. The company... Latest News [PE-backed TuSimple ponders Asia asset spinout] TuSimple, a private equity-backed developer of autonomous driving technology for trucks that listed in the US less than 12 months...
