Chen Aizhu
Stories by Chen Aizhu
China’s Sinopec said to be in talks to buy stake in Hin Leong’s Singapore terminal
The sale could provide much needed cash for family-owned Hin Leong, one of Asia's biggest independent traders.
Singapore oil trader Hin Leong hid about $800m in losses
The founder and director of Hin Leong Trading Pte Ltd directed the firm not to disclose hundreds of millions of dollars in losses over several years,
Singapore oil trader Hin Leong owes $3.85b to banks
Hin Leong is one of the largest fuel traders in Asia and an operator of a major tanker fleet.
China’s Hontop Energy goes into receivership in Singapore
Singapore bank DBS, one of Hontop's creditors, has appointed accounting firm KPMG as the receiver.
China National Petroleum uses Singapore brand to break into Myanmar
CNPC sees Myanmar as a prime market for fuel retailing, where demand is growing at about 10% y-o-y.
China’s Sinochem Energy lets $2b HK IPO application lapse
Canaan Inc, one of the world's leading cryptocurrency mining equipment makers, let its application lapse in November while biotech company CanSino Bio
China’s CGN buys 75% in Swedish wind farm from Macquarie, others
CGN has so far acquired over 1,000 MW of wind and solar power assets in Europe
China’s ChemChina, Sinochem set to merge
Beijing sees a Sinochem and ChemChina deal as a blueprint for streamlining and consolidating its sprawling, debt-heavy state-owned enterprises, leavin
China’s CITIC conducting due diligence on CEFC’s Abu Dhabi oil stake
CITIC is examining CEFC Energy's 4 percent holding in onshore oil fields operated by Abu Dhabi National Oil Co that it paid $900 million for in 2017.
CEFC China’s chief to step down; CITIC in talks to buy stake in unit
Ye Jianming, who founded the company in 2002, had been investigated for suspected economic crimes.
