HONG KONG Chinese online gaming firm NetEase plans to raise about $2.6 billion to fund expansion through its secondary listing which began on Monday, a term sheet seen by Reuters showed, marking Hong Kong's largest equity deal so far this year.
SYDNEY/HONG KONG, June 1 Asian shares advanced
to three-month highs on Monday as progress on re-opening
economies helped offset jitters over riots in U.S. cities and
unease over Washington's power struggle with Beijing.
HONG KONG, June 1 Chinese tech group Netease Inc
aims to raise between $2 and $3 billion in one of the
largest equity deals so far this year when it launches a
secondary listing in Hong Kong on Monday, said three people
familiar with the transaction.
BEIJING/HONG KONG Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.
HONG KONG/FRANKFURT Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world's largest market for environmentally friendlier cars.
NEW YORK/HONG KONG Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving U.S.-China tensions over Chinese companies pursuing their stock market debut in New York.
NEW YORK/HONG KONG Chinese delivery firm Dada Nexus Ltd will launch the investor roadshow for its U.S. initial public offering as early as Wednesday, according to people familiar with the matter, braving tensions between Washington and Beijing over Chinese companies pursuing their stock market debut in New York.
BEIJING/HONG KONG Daimler AG plans to invest in Farasis Energy's planned $480 million (393.06 million pounds) IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people familiar with the matter said.
HONG KONG Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com, four sources with direct knowledge of the matter said.