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Vietnamese electric vehicle maker VinFast (VFS.O) announced plans to sell two of its factories in Vietnam, a move that will help the company reduce its debt and related obligations by approximately 182 trillion VND ($6.9 billion) and could accelerate

2026-05-16

Vietnamese electric vehicle maker VinFast (VFS.O) announced plans to sell two of its factories in Vietnam, a move that will help the company reduce its debt and related obligations by approximately 182 trillion VND ($6.9 billion) and could accelerate its path to profitability. After the restructuring, VinFast will be virtually debt-free, with only a small amount of debt remaining.

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2026-05-15

HSG, formerly Sequoia Capital China, has closed a $3 billion continuation vehicle largely backed by its ByteDance stake, allowing some US investors to exit the highly scrutinized Chinese tech asset, according to people familiar with the matter. The f

HSG, formerly Sequoia Capital China, has closed a $3 billion continuation vehicle largely backed by its ByteDance stake, allowing some US investors to exit the highly scrutinized Chinese tech asset, according to people familiar with the matter. The fund attracted investors including Abu Dhabi’s Lunate and Singapore state funds, valuing ByteDance at about $370 billion, below a recent General Atlantic transaction valuing the TikTok parent at roughly $575 billion. HSG first invested in ByteDance in 2014 at a valuation of about $500 million. The deal reflects rising secondary activity in Chinese tech assets as some US investors reduce exposure amid geopolitical tensions and regulatory uncertainty around China-related investments.
2026-05-16

According to The Times: The Labour Party group has approved Burnham's candidacy for a seat in the British Parliament.

According to The Times: The Labour Party group has approved Burnham's candidacy for a seat in the British Parliament.
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