Jeanny Yu
Stories by Jeanny Yu
Ocean Link, Sequoia Capital China offer to take HK-listed New Century Hotel private
The PE firms will commit $190m to the offer, with Sequoia China contributing 68% of the fund.
Alibaba investors swap US shares for Hong Kong amid geopolitical tension
Temasek, Baillie Gifford and Matthews Asia are among the major shareholders that have swapped stakes.
Fallout from Luckin Coffee scandal deals new blow to corporate China
The news is likely to put at least a temporary freeze on new US listings by Chinese companies.
Chinese health firm Tycoon Group starts selling masks ahead of IPO launch
Tycoon is touting itself as a “top anti-epidemic pick” as it seeks to raise about $52 million.
Chinese giant Tencent’s $108b rally has surprised even bullish analysts
Tencent has jumped 27 per cent since an October low, adding $108 billion to shareholder value.
Pitting Chinese giants Tencent against Alibaba could’ve made 29% this year
Investors who have adopted a pair trade strategy to short Tencent, while taking a long position in Alibaba could have made as much as 29% this year.
Meituan stock’s losing streak likely to continue as IPO lock-up set to expire
Up to 2.6 billion of public float shares held by pre-IPO and cornerstone investors are set to be unlocked next week.
Chinese internet giant Tencent’s $143b rout is world’s biggest as tech sinks
Tencent, Asia’s second-largest company after e-commerce behemoth Alibaba Group Holding Ltd., has also been dogged by concern that growth in its mob
