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The Hong Kong-based gaming hardware company plans a global expansion of its payments arm. Lim, who has held executive positions at GIC, MAS and within the Singaporean civil service, could prove a useful ally.

Ant Financial has invested heavily into China's top vending machine manufacturer as it looks to expand facial recognition payments.

Tougher days are expected for the likes of NetEase Cloud Music and Baidu Music if Tencent moves forward with a 10% stake purchase in Universal Music Group.

It won't be long before people are playing video games without a PC or console, with no need to download them first. Cloud technology is poised to completely change the way the global gaming industry works.

China's dogs and cats get plenty of love from their owners, but it appears there's also plenty of interest from investors with Fullpet planning to use its Series B funding to expand its pet food business.

The past seven days have seen five investments in electronic cigarette manufacturers in China, including one that reached $40 million.

After its defaults last year, creditors could call in $12 billion of debt from Hainan Airlines, the prize asset of Chinese conglomerate HNA Group.

The six-year old Indian startup aims to become the world’s largest hotel chain by partnering with small hotel operators. It is making a big bet in China.

MGM China, which operates casinos in Macau, will issue two US dollar notes totaling $1.25 billion.