Edition:
United Kingdom

Zoey Zhang

China hires Morgan Stanley, Goldman Sachs to advise on pipeline asset transfers: sources

08 Jul 2020

HONG KONG/BEIJING Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisers for multi-billion dollar deals transferring oil and gas pipeline assets into a national energy infrastructure giant, four sources said.

China hires Morgan Stanley, Goldman Sachs to advise on pipeline asset transfers - sources

08 Jul 2020

HONG KONG/BEIJING Top Chinese energy firms have mandated investment banks Morgan Stanley and Goldman Sachs to act as advisors for multi-billion dollar deals transferring key oil and gas pipeline assets into a national energy infrastructure giant, four sources said.

UPDATE 2-HNA postpones bond repayment as small investors seethe

15 Apr 2020

* Shanghai exchange suspends HNA bond trading (Recasts with agreement to postpone repayment, adds details)

China probes alleged fraud at Luckin Coffee, banks review IPO work

03 Apr 2020

HONG KONG/BEIJING China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing.

China's Hubei reports no new coronavirus cases outside city of Wuhan

06 Mar 2020

BEIJING China's central province of Hubei, excluding the provincial capital Wuhan, has reported no new cases of coronavirus over 24 hours for the first time in the outbreak, as authorities seek to stem imported infections in other areas.

HNA asks China's Hainan government for help as coronavirus lifts liquidity risks

29 Feb 2020

BEIJING HNA Group has asked the government of China's province of Hainan to lead a work group dedicated to resolving its increasing liquidity risks after a slowdown in business caused by the coronavirus outbreak.

Shares of HNA affiliates rally after report of China bailout plan

20 Feb 2020

BEIJING/SHANGHAI Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.

Shares of HNA affiliates rally after report of China bailout plan

20 Feb 2020

* Hainan govt plans HNA takeover, airline asset sale-Bloomberg

China pushes for cheaper health insurance products to battle virus: sources

13 Feb 2020

HONG KONG/BEIJING China is nudging insurers to work on cheaper medical cover linked to the coronavirus and is assuring them of fast-track approval for these new products, people with knowledge of the matter said. | Video

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