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Finance & Investment

Banking, fintech, funds, capital markets and cross-border investment

China–UAE News
Source: TradingView

Luckin Coffee Weighs Gulf Expansion Following Backing From Abu Dhabi’s Mubadala

Luckin Coffee is considering entering Persian Gulf markets to drive international growth beyond China, according to company leadership. The strategic push follows a $1 billion joint transaction involving Abu Dhabi sovereign investor Mubadala Investment Company and Luckin's controlling shareholder Centurium Capital. Concurrently, the chain marked an overseas milestone by opening its 100th store in Singapore.

Industry News
Source: China Daily HK

China’s Gotion Wins 6 GWh in Saudi Arabia’s Utility-Scale Storage Tender

Saudi Power Procurement Company has awarded China's Gotion High-Tech 6 GWh in the kingdom's first utility-scale battery storage tender, valued at roughly $1.16 billion. Gotion secured three core sites totaling 75% of the 2 GW/8 GWh G1 project. Separately, Hong Kong Financial Secretary Paul Chan visited Doha to discuss green finance and infrastructure cooperation.

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