Julie Zhu
Stories by Julie Zhu
Tencent plans to sell all or bulk of Meituan stake worth $24b
Tencent owns 17% of the food delivery firm.
China’s Luckin Coffee plans store expansion, says it’s committed to US market
Luckin admitted in 2020 that about $310m of its sales were fabricated.
China Tourism looks to launch $2.74b Hong Kong listing on Friday
The company plans to sell 5% of its shares in what could be the city's largest share sale in 2022.
China may fine ride-hailing firm Didi more than $1b for data breaches
The move could bring an end to a probe into the firm's cybersecurity practices
CICC appoints Wang Shuguang as new investment banking head
The veteran dealmaker joined the country's oldest investment bank in 1998
Alibaba cuts a third of dealmaking team following regulatory crackdown
Alibaba plans to reduce its strategic investment team of over 110 people to about 70.
CICC i-banking head Wang Sheng to lead smaller peer Galaxy Securities
Wang would be named the de-facto No. 2 executive of Galaxy in the coming days.
KKR Greater China head Paul Yang steps down to take advisor role
The PE firms may a new head of Greater China who will be based in mainland China
China’s central bank accepts Ant’s application for financial holding company
The PBOC's expected approval is the latest sign that Ant is poised to emerge from a regulatory crackdown
China’s CATL said to have raised $6.7b in private placement
It could be world's second-largest equity capital markets transaction in 2022.