Alibaba's investment in Trendyol has been revealed to be a majority stake acquisition that valued the e-commerce marketplace at $750m.

Ascentage Pharma, based on research at University of Michigan, has filed to list in Hong Kong having raised about $235m in funding.

Ascenta spinoff Ascentage Pharma, which also counts 3SBio and Unity Biotechnology as backers, has filed to float having raised about $235m in funding.

Principia Biopharma, whose drug discovery platform is based on research at UCSF, has filed for an $86.3m initial public offering having raised $50m earlier this month.

GlaxoSmithKline-backed Principia Biopharma has filed for an $86.3m initial public offering having raised $50m earlier this month.

The AstraZeneca antibacterial medicine spinout aims to raise $86.3m in an initial public offering that could also herald an exit for Novo.

JD.com and Advance Publications both hold stakes greater than 5% in the fashion e-commerce platform, which has raised more than $700m in funding.