SHANGHAI (Reuters) - Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major... TOKYO (Reuters) - The safe-haven U.S. ( read original story ...)
China, Pakistan to participate in India-led SCO NSA meeting virtually
China and Pakistan will virtually attend the Shanghai Cooperation Organisation (SCO) meeting between National Security Advisers hosted by NSA Ajit Doval on Wednesday. National Security Adviser Ajit ... ( read original story ...)
CityLab Daily: Shanghai Faces Expat Exodus After Lockdowns
As China’s most international city, Shanghai had been hugely attractive for foreign workers. Then came the pandemic, followed by a brutal two-month lockdown last March that confined residents to their ... ( read original story ...)
FACTBOX-How Alibaba’s six new business units stack up
Chinese e-commerce giant Alibaba Group announced on Tuesday it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the ... ( read original story ...)
Shanghai Cancels Planned Hearing for Mega Syngenta IPO
The Shanghai stock exchange has called off a hearing for Syngenta Group’s proposed 65 billion yuan ($9.4 billion) initial public offering. ( read original story ...)
Shanghai exchange cancels Syngenta IPO hearing -filing
HONG KONG, March 28 (Reuters) - The Shanghai Stock Exchange has cancelled a hearing to review Swiss agrichemicals and seeds group Syngenta's initial share offering (IPO) plan, a filing posted on the ... ( read original story ...)
Alibaba splits into six, plans new IPOs in historic overhaul
SHANGHAI – Alibaba Group Holding Ltd. plans to split its ... “The market is the best litmus test, and each business group and company can pursue independent fundraising and IPOs when they are ready.” ... ( read original story ...)