David Stanway
Stories by David Stanway
China allows Allianz Group, HK’s Chiyu Bank to set up local units
Taiwan's Fubon Bank, ICBC-AXA Assurance Co., Ltd. and the Korean Reinsurance Co recently got approvals to set up local units.
China auto firms partner to set up ride-sharing platform
FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a ride-sharing venture.
China’s battery maker CATL soars 44% on stock market debut
The shares closed at 33.20 yuan, having risen by the maximum allowed for newly listed stocks on their first day of trade, giving the company a market
China’s stock regulator gives nod for five IPOs worth $1b
Zoy Home Furnishing Co Ltd, Jiayou International Logistics Co Ltd and Hebei Yangyuan Zhihui Drinks Co Ltd will all list on the main board of the Shang
China’s HNA Investment scraps $787m private placement plan
The HNA grouphas announced deals over the last two years worth more than $50 billion.
China’s Wuhan bans new shared bikes in decongestion move
Operators such as Ofo and Mobike expanding rapidly since launching in the city at the end of last year
Post Citic & Carlyle deal, McDonald’s to set up more stores in China by 2022
Earlier this year, McDonald's sold most of its China/HK business to CITIC and Carlyle for up to $2.1 billion.