An investor consortium led by an entity affiliated with Yunfeng Capital has agreed to acquire 81% of Hong Kong-listed brokerage firm Reorient Group Limited, according to a securities filing. Yunfeng Financial Holdings Limited, majority-owned by Yunfeng Capital, together with four other investment vehicles, are to purchase newly issued shares of Reorient Group at HK$2 per […]

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Alibaba Group Holdings and Yunfeng Capital, a private equity firm founded by Alibaba chairman Jack Ma, have acquired approximately 20% of Chinese logistics firm Shanghai YTO Express (Logistics) Co., Ltd. for an undisclosed amount, according to media reports. The two parties plan to improve the management of their logistics platforms, push for internationalization, and expand […]

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Police have collaborated with counterparts on the Mainland and in Malaysia to stop a transnational drug-trafficking syndicate active in Asia.

Mainland police arrested six people and seized 102kg of 'ice' in Shenzhen and Guangzhou last month, while Malaysian police arrested 15 people, including the syndicate head this week.

Malaysian police also seized 220kg of ice, 132kg of ecstasy, and 18kg of ketamine worth $110 million.