3 d. ago China’s 3SBio seeks US$400 million in Hong Kong to boost drug pipeline

Chinese drug maker 3SBio plans to raise HK$3.12 billion (US$401 million) by selling a 4.14 per cent stake in the company to fund clinical research in China and the US and expand the global reach of its drug portfolio. The Shenyang-based biopharmaceutical firm has agreed to sell 105.1 million new shares at HK$29.62 each. The placing price represents a 6.5 per cent discount compared with Monday’s closing price of HK$31.68, according to its filing with the Hong Kong stock exchange on Tuesday. The...

Economics

2 w. ago Yum China’s Aggressive Expansion and Capital Return Plans Might Change the Case for Investing in YUMC

Yum China’s Aggressive Expansion and Capital Return Plans Might Change the Case for Investing in YUMC  Yahoo Finance

Politics

2 w. ago Skies at stake: Inside the U.S.–China race for air dominance

Skies at stake: Inside the U.S.–China race for air dominance  Fox News

Politics

3 w. ago Starbucks (SBUX) Is Up 5.3% After Ceding Majority Stake in China Unit to Boyu Capital—What's Changed

Starbucks (SBUX) Is Up 5.3% After Ceding Majority Stake in China Unit to Boyu Capital—What's Changed  Yahoo Finance

Politics

3 w. ago China’s US$8 billion power bank giant Anker seeks Hong Kong listing

Chinese maker of portable charging devices Anker Innovations, which went viral last year as the preferred power bank of US President Donald Trump, plans to list in Hong Kong amid US scrutiny and recent product recalls. Based in Changsha, the capital of central China’s Hunan province, Shenzhen-listed Anker will apply to offer its shares on the main board of the Hong Kong stock exchange, it said in a filing with the Shenzhen bourse, on Wednesday. The move aimed to “further advance the company’s...

Economics

3 w. ago China’s CR Land seeks US$260 million from stake sale in property services arm

China’s CR Land seeks US$260 million from stake sale in property services arm  South China Morning Post

Economics

3 w. ago Assessing China Yuchai International (NYSE:CYD) Valuation Following Increased Stake in HL Global Enterprises

Assessing China Yuchai International (NYSE:CYD) Valuation Following Increased Stake in HL Global Enterprises  simplywall.st

Politics