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Jack Ma Says Alibaba Will Look Again at Hong Kong Listing

Jack Ma Says Alibaba Will Look Again at Hong Kong Listing

Alibaba Group Holding Ltd. founder Jack Ma said the Chinese e-commerce giant will reconsider a listing in Hong Kong following an invitation from government head Carrie Lam, reports said.

Jan 9, 2018
Liao Shumin
Wanda Film Restructuring Not Linked to LEVP, Legendary Pictures, Wanda President Says

Wanda Film Restructuring Not Linked to LEVP, Legendary Pictures, Wanda President Says

The major asset restructuring of Wanda Film Holding Co. [SHE:002739], a unit of China’s commercial real estate giant Dalian Wanda…

Jan 9, 2018
Dou Shicong
Chinese Yuan Hits Four-Month High Against US Dollar

Chinese Yuan Hits Four-Month High Against US Dollar

The onshore and offshore Chinese yuan hit four-month highs against the US dollar, surpassing CNY6.48 and CNY6.47, respectively, on the morning of Jan. 8, driven by a strengthening dollar.

Jan 8, 2018
Xu Wei
China’s First Listed Asylum Seeks A-Share IPO, Despite USD62 Million in Revenue

China’s First Listed Asylum Seeks A-Share IPO, Despite USD62 Million in Revenue

Wenzhou Kangning Hospital Co. [HK:2120], one of the leading players in this field, is preparing for an initial public offering on the A-share market, two years after its stock listed in Hong Kong.

Jan 8, 2018
Liao Shumin
Baoneng Enters Gambling Via China Goldjoy’s Buy-in of Landing International

Baoneng Enters Gambling Via China Goldjoy’s Buy-in of Landing International

China Goldjoy Group Ltd. [HK:1282] has acquired 135,000 shares of Landing International Development Ltd. [HK:0582] at HKD0.295 per share for…

Jan 8, 2018
Xu Wei
China’s Domestic Steel Prices Continue to Decline on Downward Trend

China’s Domestic Steel Prices Continue to Decline on Downward Trend

China’s domestic spot steel prices are still on downward trend despite the relative decline has narrowed, state-run Xinhua News Agency…

Jan 8, 2018
Liao Shumin
Jia Yueting Sells 18% Coolpad Stake, Steps Down as Largest Shareholder

Jia Yueting Sells 18% Coolpad Stake, Steps Down as Largest Shareholder

Jia Yueting, founder of troubled Leshi Internet Information & Technology Corp., sold nearly 18 percent of the shares of smartphone…

Jan 5, 2018
Dou Shicong
Four Members of IPO Approval Body of China’s Growth Enterprise Market Are Investigated Over Leshi Listing

Four Members of IPO Approval Body of China’s Growth Enterprise Market Are Investigated Over Leshi Listing

Jiang Xinhong, once the committee member of the first session of share Issuance Examination Committee of the Chinese Growth Enterprise…

Jan 5, 2018
Dou Shicong
ChinaNet’s Stock Soars After It Announces Tie-Up With Blockchain Firm Jingtum

ChinaNet’s Stock Soars After It Announces Tie-Up With Blockchain Firm Jingtum

The share price of ChinaNet Online Holdings Inc. [NASDAQ:CNET], whose subsidiary operates an advertising and precision marking platform, surged after…

Jan 5, 2018
Liao Shumin
Regulator Warns Leshi Fund Sales Arm Over Violations

Regulator Warns Leshi Fund Sales Arm Over Violations

The local bureau of the China Securities Regulatory Commission said that it has issued a warning letter to the Qingdao-based…

Jan 5, 2018
Xu Wei
Zhongyuan Union Takes Second Shot at Buying Out US Biomed Firm OriGene

Zhongyuan Union Takes Second Shot at Buying Out US Biomed Firm OriGene

Zhongyuan Union Cell & Gene Engineering Corp. [SHA:600645] plans to buy a 100-percent stake in Shanghai Aoyuan Investment Management Co. for CNY1.2 billion (USD185 million).

Jan 5, 2018
Liao Shumin
Hangxin Aviation Technology Acquires Estonia’s Airline Maintenance Service Provider Magnetic MRO for USD52 Mln

Hangxin Aviation Technology Acquires Estonia’s Airline Maintenance Service Provider Magnetic MRO for USD52 Mln

Guangzhou Hangxin Aviation Technology Co. [SHE:300424] will invest EUR43.1 million (USD52 million) in cash to acquire 100 percent stake in…

Jan 4, 2018
Tang Shihua

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