Jinshan Hong
Stories by Jinshan Hong
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.
Parents grapple with e-learning as Chinese schools stay shut
The coronavirus outbreak has been an unexpected boon for one industry: online education.
Citic to sell 22% stake in fast-food chain McDonald’s China for $300m
The stake diversification will bring down Citic's share in McDonald’s China to 10 per cent.
Chinese e-commerce firms block sales of protest gear to Hong Kong
Queries on Alibaba Group’s Taobao for umbrellas and helmets would return the searches as “item not found” for buyers in Hong Kong.
Fosun said to seek investors for luxury fashion business
Fosun Fashion, whose portfolio includes French brand Lanvin, is targeting to raise more than $100 million.
Casino operator Suncity to open resort in VN, plans growth outside Macau
Suncity says over 30% of the group’s revenue now comes from markets outside Macau.
China’s Dalian Wanda to redirect investments back home after selling assets abroad
Wanda unveiled plans to spend $11.6 billion in Shenyang, its biggest investment in six months.
Chinese giant Dalian Wanda to invest $297m in domestic soccer
Wanda agreed to sell its 17 percent holdings in Spanish club Atletico early last year.
