Disney reported Tuesday that it took a more than $1 billion financial hit due to the coronavirus, but says Shanghai Disneyland will reopen next week with strict crowd control measures in place. Disney ... ( read original story ...)
Shanghai Disneyland to Reopen May 11 With Social Distancing
Disney will enact social distancing and government-mandated precautions, such as mask requirements and temperature screenings ... ( read original story ...)
Disney Shanghai will open on May 11 with social distancing rules in place
CNBC's Julia Boorstin reports breaking news on Disney Shanghai. ( read original story ...)
Is This The Right Time For A Chinese IPO In US? Kingsoft Cloud Will Soon Find Out
From this sale, Kingsoft Cloud expects to generate net proceeds of between $392 million and $451 million. The company would then have a market value of between $3.6 billion and $3.8 billion. Kingsoft ... ( read original story ...)
Disney’s Shanghai theme park will reopen Monday
Theme parks are crucial to Disney's health, and the coronavirus closures cost the company $1 billion in lost income in the first three months of the year. ( read original story ...)
Shanghai Disneyland to reopen on May 11
Shanghai Disneyland will reopen to the public in less than a week, the company said during an earnings conference call on Tuesday. ( read original story ...)
Kingsoft Cloud is considering a Nasdaq IPO, in a US$450 million bet that anti-China sentiment is a tempest in a teapot
After the IPO and excluding these potential new investments, Kingsoft Group’s stake in the cloud service unit will be reduced to 46.8 per cent from 53.7 per cent, while Xiaomi s ... ( read original story ...)