Cathy Chan
Stories by Cathy Chan
RRJ-led group in talks to invest $4b in HNA’s Ingram Micro
RRJ began buying HNA’s overseas assets when the debt-laden Chinese conglomerate started to restructure its business more than a year ago.
HSBC cuts M&A team in Japan and Australia, to focus on HK, Southeast Asia
HSBC Holdings Plc cut about 10 banking jobs in Japan and Australia, eliminating the merger advisory teams based in those countries.
Goldman Sachs seeks approval to acquire majority stake in China banking JV
Goldman has applied to boost its stake in Goldman Sachs Gao Hua Securities Co. to 51% from 33%.
Chinese companies reconsider IPO plans amidst HK protests
Even if the Alibaba deal proceeds, there’s little doubt that Chinese executives have become wary of Hong Kong.
Culture clash reaches tipping point 6 years after Citic Securities-CLSA takeover
A wave of resignations could derail CLSA’s global ambitions.
Deutsche Bank plans to shut down most of its Asia equity businesses
The move is a part of its restructuring exercise, said sources.
PE firm Hahn said to mull sale of Korea’s H-Line shipping at up to $4b valuation
The PE firm is working with financial advisers on the potential deal.
Hopu Group in talks to acquire $7b stake in China’s Gree Electric
Gree Electric’s largest shareholder, state-controlled Gree Group, held about 18% at the end of September.
Culture clash with new owner Citic triggers top-level exits at CLSA
At least four most senior managers are following CEO Jonathan Slone out the door amid mounting tension with Citic Securities Co., which bought CLSA in
TPG said to raise $303m selling 75% of its CICC stake
TPG sold about 128 million CICC shares at HK$18.58 apiece, representing 75% of its holding in the Beijing-based securities firm.
