Backdoor Listing

China's Happigo Gets the Greenlight for Backdoor Listing After Two Years

China's Happigo Gets the Greenlight for Backdoor Listing After Two Years

Chinese e-commerce platform Happigo Home Shopping has received approval from securities authorities for its reverse initial public offering after buying firms worth CNY11.5 billion (USD1.8 billion). 

Jun 23, 2018
Liao Shumin
Africa’s Top Phonemaker Misses Out on China Backdoor Listing

Africa’s Top Phonemaker Misses Out on China Backdoor Listing

Transsion Holdings’s plans to backdoor list on the Chinese mainland have fallen through after the bestselling phonemaker in Africa was unable to agree on terms with the vessel company.

Jun 13, 2018
Tang Shihua
 Daimler Acquires 3.93% Stake in BAIC’s NEV Unit

Daimler Acquires 3.93% Stake in BAIC’s NEV Unit

Daimler AG has strengthened its partnership with the new energy vehicle unit of Chinese state-owned carmaker BAIC Motor Corp. with the acquisition of a 3.93 percent stake.

Mar 9, 2018
Wu Ziye
Little-Known Smartphone Giant in Africa Mulls Backdoor A-Share Listing in China

Little-Known Smartphone Giant in Africa Mulls Backdoor A-Share Listing in China

Shenzhen Transsion Holdings Co., owner of the best-selling Chinese mobile phone brands in Africa, is looking to offer equity on…

Mar 2, 2018
Liao Shumin
BAIC Unit Backs Into Capital Market to Become First China-Listed NEV Maker

BAIC Unit Backs Into Capital Market to Become First China-Listed NEV Maker

Beijing Automotive Industry Holding Co. unit Beijing Electric Vehicle Co. is planning a backdoor listing to become the first new-energy vehicle maker on China’s capital market.

Jan 23, 2018
Wu Ziye
360 Will Delay Repaying USD3 Billion Loans, Discloses Backdoor Listing Details

360 Will Delay Repaying USD3 Billion Loans, Discloses Backdoor Listing Details

Chinese cyber security giant Qihoo 360 Technology Co. will delay repayment of the USD3 billion in loans it used for…

Dec 20, 2017
Dou Shicong
Shunya International Calls Off Plan to Acquire Livestreaming Platform Inke

Shunya International Calls Off Plan to Acquire Livestreaming Platform Inke

Inke, popular Chinese livestreaming platform, has failed to be listed on the A-shares market through asset reorganization as its potential…

Dec 18, 2017
Dou Shicong
All M&A, Restructuring Applications by Chinese A-Share Listed Companies Get Go-Ahead for Second Straight Month

All M&A, Restructuring Applications by Chinese A-Share Listed Companies Get Go-Ahead for Second Straight Month

The approval rate of China's A-share initial public offering (IPO) applications has kept declining as regulators tighten scrutiny. However, China’s…

Dec 6, 2017
Dou Shicong
Kunming Longjin Pharmaceutical Denies Media Reports on Possible Backdoor Listing Deal With Dalian Wanda

Kunming Longjin Pharmaceutical Denies Media Reports on Possible Backdoor Listing Deal With Dalian Wanda

Kunming Longjin Pharmaceutical Co. [SHE:002750] has not negotiated with Dalian Wanda Commercial Properties Co. [HKG:3699] or its financial adviser on…

Nov 10, 2017
Liao Shumin
Qihoo 360 Sets Out Backdoor Listing Plan for A-Share Market Return Through USD7.6 Billion Deal with SJEC

Qihoo 360 Sets Out Backdoor Listing Plan for A-Share Market Return Through USD7.6 Billion Deal with SJEC

Following its delisting from the New York Stock Exchange (NYSE), Chinese internet security giant Qihoo 360 Technology Co. [formerly NYSE:QIHU]…

Nov 3, 2017
Xu Wei
HKEX Plans to Regulate Rights Issues, Speed Up Delisting Procedures

HKEX Plans to Regulate Rights Issues, Speed Up Delisting Procedures

Hong Kong Exchanges & Clearing Ltd. [HK:0388] (HKEX) will publish two consultation papers, regulate large-scale rights issues and speed up…

Sep 12, 2017
Liao Shumin
Gohigh Rejects Possibility of Becoming Target for Qihoo 360’s Backdoor Listing

Gohigh Rejects Possibility of Becoming Target for Qihoo 360’s Backdoor Listing

Guizhou-based Gohigh Data Networks Technology Co. [SHE:000851] denies it could become Chinese internet security giant Qihoo 360 Technology Co.’s target…

Sep 7, 2017
Dou Shicong