Lee Chyen Yee
Stories by Lee Chyen Yee
Carrefour to exit China by selling 80% stake in Chinese ops to Suning.com
The deal size is estimated to be 620 million euros in cash.
Alibaba said to take 8% stake in Chinese video platform Bilibili
Bilibili is one of China's leading online video sharing and entertainment platforms and was listed on Nasdaq in March 2018.
China’s Huatai Securities aims to list via Shanghai-London Stock Connect
Huatai Securities aims to raise at least $500 million via issuance of GDR in the British capital.
Alibaba to buy minority stake in digital marketing firm Focus Media
Alibaba will acquire about 6.62 percent in Focus Media for 9.63 billion yuan ($93.8 million) and possibly another 5.0 percent stake in the next 12 mon
HNA-Caissa scraps asset acquisition plans, shares to resume trade
In March, the firm said it planned to buy minority stakes in Hong Kong Express Airways, Ghana's Africa World Airlines and several other companies
Chinese e-commerce firm Suning.com sells $1.5b of Alibaba shares
Suning.Com is expected to make a net profit of about 5.6 billion yuan ($872.3 million) from the sale, it said in a filing with the Shenzhen Stock Exch
China: HNA unit Tianjin Tianhai plans to buy Dangdang’s e-commerce assets
The acquisition will allow Tianjin Tianhai to tap into China's e-commerce market via Dangdang, which is known for its online marketplace for books, cl
Leshi chairman Hongbin resigns after just eight months in office
After only eight months as chairman, Sun Hongbin, also chairman of Leshi's second largest shareholder Sunac China Holdings Ltd, has decided to leave.
Chinese bike-sharing startup Ofo enters North American market
Ofo has launched its services in Seattle as part of efforts to expand internationally.
China’s Sanyuan Foods, Fosun to buy France’s St Hubert for $733m
Sanyuan and Fosun will buy the French margarine marker from PE firm Montagu.
