Kane Wu
Stories by Kane Wu
Ninestar says sale of Lexmark worth up to $150m in equity value
Xerox last December agreed to buy Lexmark in a deal with an enterprise value of $1.5b.
KKR closes in on deal to buy Japanese medical gear maker Topcon
Topcon has a market value of about 323.4 billion yen ($2.15 billion).
Hong Kong set to benefit most from capital flows out of China: HKMA
HK is planning to make a wealth connect programme with China's Greater Bay area less restrictive.
Alibaba to resume hiring on renewed tech sector confidence
He said China’s entrepreneurs showed renewed confidence after meeting President Xi Jinping.
BofA cuts 16 investment bankers in Hong Kong in global trim: report
The reductions mainly targeted junior positions.
Japan firms must get used to reverse break-up fees after Nippon Steel’s $565m blow
Reverse break-up fees were once almost non-existent in deals involving Japanese suitors.
China’s HongShan hires ex-Bain Capital dealmaker to head Tokyo office
Komi Kyu spent nearly 10 years at Bain Capital in Tokyo.
KKR, Fountainvest, PAG in race for Starbucks China stake
Chinese companies, including China Resources Holdings and Meituan, have also been approached as potential buyers.
Chinese trading card firm Kayou revives plans for $500m Hong Kong IPO
Kayou had initially planned to list in Hong Kong in 2024 but could not get regulatory approval.
Chinese video-streaming platform iQIYI launches $300m convertible bond issue
iQiyi will use the proceeds to repay or repurchase existing debt securities and for general corporate purposes.