Ali Health will buy a 14.5% stake in retailer Guizhou Ensure Chain Pharmacy for $61.3m and has the option to increase it to 25%.

Legend Holdings unit Legend Star participated in a $17.5m round for the augmented reality startup, which is targeting $50m in its next round.

Tasly-backed immunotherapy developer I-Mab Biopharma is reportedly eyeing a Hong Kong flotation having recently raised $220m in funding.

The mobile input technology developer plans to float in the US, two years after raising cash in an SIG-backed round.

The copper goods producer has secured more than $45m in a round that included Xiaomi Ventures, reportedly as an existing investor.

The Tencent and Xiaomi-backed news aggregation platform was founded two years ago but was reportedly valued at $1.6bn in March.

SoftBank and eBay are among the exiting investors in the e-commerce marketplace, while Tencent and Microsoft will retain stakes.

The BCC-backed online marketplace raised the cash over the course of this year, and is preparing to expand internationally.