Bloomberg
Stories by Bloomberg
China’s HNA holds ‘candid’ talks with creditors on liquidity woes
HNA has realized it’s facing not just a crisis of debt and corporate-governance, but also of trust.
Nestle picks JPMorgan to handle sale of its Chinese unit Yinlu
The proposed deal could value the business at about $1 billion.
HSBC Holdings appoints new China CEO in latest reshuffle
HSBC Holdings Plc named Mark Yunfeng Wang as president and chief executive officer of its China business.
Driverless delivery van startup Neolix sees surge in demand amid virus outbreak
The startup, which has attracted Alibaba, Meituan and JD, has booked orders for over 200 vehicles in the past two months.
PE firms at crossroads as rout offers deals, curbs lending
It’s a ripe time for buyout titans - if they can rustle up the financing to take advantage.
Singapore investor group to discuss debt-restructuring plan with Hyflux
The Securities Investors Association (Singapore) has proposed a town hall meeting with Hyflux between March 11 and 17.
Grindr’s Chinese owner sells gay dating app for $600m
Beijing Kunlun Tech Co. has agreed to sell its 99 per cent stake in Grindr LLC to San Vicente Acquisition LLC.
SG’s crypto startup Matrixport seeks to raise $40m at $300m valuation
Crypto startups are riding somewhat of a resurgence along with a modest recovery in Bitcoin prices.
China’s Dalian Wanda Group stares at $5.7b debt bill
That is almost 36 per cent of its total outstanding notes, the highest proportion of total bonds due among the nation’s top 25 firms.
Coronavirus fears to weigh on investor sentiment, says JPMorgan
JPMorgan strategists say that virus contagion rates will need to peak first, which they expect to happen in April-May.
