Tag: Investments into China

BAIC Motor Prepares For $2 Billion Hong Kong IPO

BAIC Motor, a subsidiary of the state-owned Beijing Auto Group and the Chinese partner of Daimler AG and Hyundai Motors Co., is planning for a $2 billion initial public offering in Hong Kong, according to the Wall Street Journal. Reuters...

/ January 17, 2014

China’s Securities Regulator Prepares to Reopen IPO Market in January 2014

By Catherine Matacic Nearly 50 companies are expected to list on China’s stock markets in January 2014, bringing to an end a 13-month moratorium on initial public offerings (IPOs) on the Shanghai and Shenzhen exchanges. China’s last IPO took place...

/ November 30, 2013

Microsoft Switches Skype Partner in China

Microsoft has a new partner for managing its Skype voice-over-IPS service in China, after terminating a nine-year partnership with Hong Kong’s Tom Group earlier this month. On November 25, it announced that it would be teaming up with Guangming Founder,...

/ November 26, 2013

Coca-Cola to Invest More than $4 Billion in China through 2017

The Coca-Cola Company plans to invest more than $4 billion in new products and facilities in China from 2015 to 2017, according to David Brooks, president of the company’s Greater China and Korea business unit. In addition to adding production...

/ November 7, 2013

Suntech’s Response to US Bankruptcy Filing: Liquidation

In a court filing on Tuesday, Chinese solar panel manufacturer Suntech Power Holdings Co. Ltd. said it would restructure itself as a distributor and servicer of solar panels, after US creditors tried forcing the firm into involuntary bankruptcy last month....

/ November 6, 2013

Carlsberg Approved to Up Stake in Chongqing Brewery

Danish brewer Carlsberg A/S has won approval to nearly double its stake in China’s Chongqing Brewery, from 29.7 percent to 60 percent. China’s Securities Regulatory Commission (CSRC) granted its approval at the end of October, and the takeover bid started...

/ November 5, 2013

Blackstone Group LP Makes $400 Million Real Estate Purchase

Assets manager Blackstone Group LP has agreed to purchase a 40 percent stake in one of China’s largest shopping mall developers in a deal that could be worth as much as $400 million, according to Bloomberg. Blackstone bought its stake...

/ November 3, 2013

Alibaba in Talks with London, New York, Hong Kong for $15 Billion IPO

By Catherine Matacic First, it was Hong Kong. Then, it was New York. Now, Alibaba is mulling a London listing for its potential $15 billion IPO. According to sources at talks with UK officials in Hong Kong, Alibaba senior executives...

/ October 29, 2013

Chinese Mall Developer Plans $1 Billion Hong Kong IPO

Shenzhen-based SZITIC Commercial Property Co. told the Wall Street Journal on September 10 that it is planning a $1 billion Hong Kong IPO that could come as early as the end of this year. SZITIC, founded in 2003, has developed...

/ September 11, 2013

Swedish Tissue Paper Maker Bids $1.1 Billion for Vinda International

Swedish tissue paper maker SCA Group Holding BV said on September 9 that it would bid $1.1 billion for Vinda International Holdings, one of China’s biggest manufacturers of toilet paper, tissues, paper towels, and diapers. Since 2009, Vinda’s revenues have...

/ September 10, 2013