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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
Chinese yuan rally puts central bank’s next moves in spotlight
SHANGHAI/HONG KONG -- This week's market turmoil stemming from Japan may have given China's central bank an unlikely assist in its battle to stimulate economic activity. ( read original story ...)
Chinese retail investors, eager for returns, looked overseas – then came Monday
Chinese investors, frustrated with low returns in the domestic market, opted to move capital into overseas funds and cryptocurrencies – a potentially grievous error in the context of Monday’s global ... ( read original story ...)