MegShen
Stories by MegShen
China’s Tencent plans to buy 5% stake in retail chain Yonghui Superstores
China's e-commerce giants have pushed into traditional retail. In November, Alibaba Group Holding Ltd said it would invest $2.9 billion in China's top
China: Fosun High Tech chairman to leave post, remain at parent
Fosun saw its CEO and vice president step down in a surprise reshuffle in March.
China’s Great Wall Motor says watching Fiat Chrysler, no talks yet
A Great Wall official had on Monday said the company was interested in all or part of FCA, owner of the Jeep and Ram truck brands.
HK: LeEco’s listed company Leshi Internet reshuffles top deck
Zhang Zhao will be appointed as chief content officer and Yuan Bin will take the position of chief technology officer.
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.
Evergrande ups China Vanke stake for $822m, becomes 3rd largest shareholder
China Evergrande Group has raised its stake in larger rival China Vanke Co Ltd to 6.82 percent, becoming Vanke's third largest shareholder, the latest
Chinese courier firm Yunda Express to go public in $2.7b reverse merger deal
The deal between Yunda Express and Ningbo Xinhai Electric Co Ltd comes as other Chinese courier companies such as SF Holdings, Alibaba-backed YTO Expr
China’s BBMG to sell stake in units to Jidong Cement in $2.3b deal
Jidong Cement will become a unit of BBMG as the government tries to get rid of smaller and inefficient players in various sectors, such as cement, g
