Julie Zhu
Stories by Julie Zhu
Tencent-backed We Doctor seeks Asia expansion as it prepares for HK listing
It is seeking $500 million in fresh funding, in a round that could value firm at $5 billion, in the first quarter of next year.
Chinese giant HNA says not selling assets “blindly”
The conglomerate is said to be adjusting its portfolio and recent asset sales had nothing to do with liquidity.
China’s Sinopec looking to sell Nigeria business
The state-owned oil giant is paring back its presence in Africa. Sinopec's Cameroon operation would be its only remaining project in Africa.
Hopu Investments raising $2.5b fund to tap demand for China exposure
The fund counts sovereign wealth funds including China Investment Corp, Singapore state investor Temasek and Japan's Mitsui as investors.
China’s Sinochem seeking to sell logistics unit for $530m
This is part of the Sinochem conglomerate's efforts to respond to Beijing's push for a slimmer state sector.
Daimler turns down China’s Geely offer to buy stake; Geely still hopeful
A stake of that size would be worth $4.5 billion at current market prices.
China’s Ping An Good Doctor readies $1b HK IPO
Good Doctor’s plans to list come as Hong Kong has hosted a series of 'hot' tech stocks whose first-day gains have been among the best in the world t
China’s largest online car retailer Yixin jumps 32% in HK debut
Yixin's debut is the latest in a string of technology share offerings in HK generating strong investor demand.
Shanghai Pharma acquires U.S. Cardinal Health’s China business for $557m
The deal, which includes shareholder loans, gives Cardinal's business in mainland China and Hong Kong an enterprise value of $1.2 billion.
China’s electric car startup Nio raises over $1b led by Tencent
New investors include U.S. hedge fund Lone Pine Capital, CITIC Capital and Scottish fund manager Baillie Gifford.
