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Kane Wu

Exclusive: Alibaba in talks on stake in China operations of Germany's Metro - sources

Feb 15 2019

HONG KONG/DUESSELDORF Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with Germany's Metro about taking a stake in the German wholesaler's China operations, three sources told Reuters on Thursday.

JPMorgan appoints Filippo Gori as head of APAC banking

Feb 12 2019

HONG KONG JPMorgan Chase & Co has named Filippo Gori as head of Asia Pacific Banking, according to an internal memo from the bank.

Investors brace for China tech funding 'down rounds'

Jan 30 2019

HONG KONG Investors are bracing for a series of “down rounds” in China’s much-hyped tech sector as weak stock markets worldwide and the country's economic slowdown weigh on once-buoyant private markets.

China Three Gorges halts talks with EU regulators on EDP takeover: sources

Jan 25 2019

BRUSSELS/LONDON/HONG KONG China Three Gorges halted talks with EU regulators about its proposed 9 billion euro ($10.3 billion) takeover of Portugal's EDP-Energia de Portugal over a month ago, two sources close to the matter said, casting doubt on whether the deal will progress.

China Three Gorges halts talks with EU regulators on EDP takeover - sources

Jan 25 2019

LONDON/BRUSSELS, Jan 25 China Three Gorges halted talks with EU regulators about its proposed 9 billion euro ($10.3 billion) takeover of Portugal's EDP-Energia de Portugal over a month ago, two sources close to the matter said, casting doubt on whether the deal will progress.

Exclusive: China's Union Life to sell majority stake, draw local, overseas bidders - sources

Jan 23 2019

HONG KONG China's Union Life Insurance is planning to sell a controlling stake that could be snapped up by locals or foreigners looking to tap into the country's growing demand for insurance products, three people familiar with the matter told Reuters.

China's Union Life to sell majority stake, draw local, overseas bidders -sources

Jan 23 2019

* Plans to sell up to 51 pct with option to go to 100 pct later

Tencent weighing bid for holding company behind Korea's Nexon: sources

Jan 18 2019

HONG KONG/SEOUL Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon, two sources with knowledge of the matter told Reuters.

Tencent considering bid for gaming company Nexon's parent - sources

Jan 18 2019

HONG KONG/SEOUL, Jan 18 Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South Korean gaming company Nexon , two sources with knowledge of the matter told Reuters.

HNA sells majority stake in Manhattan building in $422 million deal

Jan 09 2019

HONG KONG Chinese conglomerate HNA Group [HNAIRC.UL] on Wednesday said it had sold a majority stake in a Manhattan building in a $422 million deal, the latest in a slew of asset disposals undertaken by the group to ease an intensifying cash crunch.

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