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Julie Zhu

China's Wanda raising $3 billion ahead of HK IPO for property management unit - sources

12:27am EDT

HONG KONG Chinese conglomerate Dalian Wanda Group aims to raise 20 billion yuan ($3.08 billion) for its commercial property management business, before listing the unit in Hong Kong by year-end, two people with direct knowledge of the matter told Reuters.

Exclusive-China's Ant explores ways for Jack Ma to exit as Beijing piles pressure - sources

Apr 19 2021

HONG KONG (Reuters) -Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signalled to the company that the move could help draw a line under Beijing's scrutiny of its business, according to a source familiar with regulators' thinking and two people with close ties to the company. | Video

EXCLUSIVE-China's Ant explores ways for Jack Ma to exit as Beijing piles pressure - sources

Apr 17 2021

HONG KONG, April 17 Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing's scrutiny of its business, according to a source familiar with regulators' thinking and two people with close ties to the company.

Exclusive: Sinopharm to inject $4.6 billion vaccine assets into unit Tiantan Biological - sources

Apr 16 2021

HONG KONG Chinese state-owned Sinopharm plans to inject 30 billion yuan ($4.6 billion) in assets into unit Beijing Tiantan Biological Products Corp Ltd to quickly get its fast-growing vaccine business on the public market, two people told Reuters.

Exclusive: China's Didi picks Goldman, Morgan Stanley for mega U.S. IPO - sources

Apr 09 2021

HONG KONG China's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two people with knowledge of the matter said. | Video

Exclusive: China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions - sources

Apr 09 2021

China's antitrust regulator is ready to clear tech giant Tencent Holdings Ltd's plan to take the country's no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.

Exclusive-China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions -sources

Apr 09 2021

(Reuters) -China's antitrust regulator is ready to clear tech giant Tencent Holdings Ltd's plan to take the country's no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.

EXCLUSIVE-China set to clear Tencent's $3.5 bln Sogou deal subject to data security conditions -sources

Apr 09 2021

* Regulator set to clear plan to take US-listed Sogou private -sources

Exclusive: China's Bilibili in talks to buy Yoozoo Games' stake in $765 million deal - sources

Apr 08 2021

HONG KONG China's Bilibili is in talks to buy a 24% stake in Yoozoo Games as part of a nearly 5 billion yuan ($765 million) deal, two people said, as the online video site aims to tap its legion of young users to grow in the world's top gaming market.

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