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Tag: banking

Posted on 09/08/2024

Wanda nears deal for loan facility to pay investors

Dalian Wanda Commercial Management Group Co has told some investors that a loan that could be used to pay some pre-initial public offering (IPO) investors in one of its units is close to being ... ( read original story ...)

Posted on 08/08/2024

ECARX Announces Second Quarter 2024 Unaudited Financial Results

SHANGHAI, Aug. 08, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ... ( read original story ...)

Posted on 08/08/2024

China’s M&A, Restructuring Markets Heat Up Amid IPO Slowdown

Chinese investors are shifting focus to mergers and acquisitions as well as corporate restructuring as a better way of getting a return on their investment amid a prolonged downturn in initial public ... ( read original story ...)

Posted on 08/08/2024

In the News: Mandatory Worker Representation in Boardrooms; Shanghai Biomedical R&D; and Temu Merchant Disputes

Revised Chinese Company Law requires mandatory worker representation in boardrooms; Shanghai's biomedical measures catches the most attention; and Merchants of Pinduoduo's international arm, Temu, ... ( read original story ...)

Posted on 08/08/2024

Wanda Nears Deal for Loan Facility to Pay Pre-IPO Investors

Dalian Wanda Commercial Management Group Co. told some investors this week that a loan that could be used to pay some pre-IPO investors in one of its units is close to being finalized, according to ... ( read original story ...)

Posted on 08/08/2024

Exclusive: China’s Honor gets “unusually” strong state backing as it readies IPO

Chinese smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei (HWT.UL) unit prepares an initial public offering (IPO), according to ... ( read original story ...)

Posted on 08/08/2024

INSIGHT–How billionaire Jack Ma fell to earth and took Ant’s mega IPO with him

A day later, the Shanghai stock exchange said it had suspended Ant’s IPO, citing a “significant change” in the regulatory environment, prompting the company to also freeze the Hong Kong leg ... ( read original story ...)

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