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HONG KONG/SHANGHAI (Reuters): Didi Global Inc co-founder and President Jean Liu has told some close associates that she intends to step down, two sources familiar with the matter said, as the Chinese ride-hailing giant faces intense regulatory scrutiny following its New York listing earlier this year.
BENGALURU (Reuters) -SoftBank-backed Indian hotel aggregator Oyo Hotels is seeking a valuation of $10 billion to $12 billion, a source close to the matter told Reuters, as it filed for a local listing that could be the first for a hospitality firm since 2019.
TDCX is only the second Singapore firm to list in the US following Sea Limited’s US$884 million IPO in 2017Company will begin trading on the New York Stock Exchange on Friday
HONG KONG: China Evergrande Group has already fallen behind on payments to banks, suppliers and holders of onshore investment products, and hasn’t given any indication that it paid two recent dollar bond coupons.
THE current state of the global semiconductor market has been alternatively labelled by auto makers, politicians and executives as a shortage, a crisis, and even a squeeze.
SHANGHAI: Lenovo Group Ltd saw its stock fall more than 17% on Monday, its biggest intraday decline in over a decade, after the Chinese technology giant withdrew its application for a 10 billion yuan ($1.55 billion) share listing in Shanghai.
MUMBAI: Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.
KUALA LUMPUR (Bernama) -- The Securities Commission Malaysia (SC) has reprimanded China Automobile Parts Holdings Limited (CAP) following the retention of office by its executive chairperson Wang YuYun and executive director Chen Xunze, which is prejudicial to public interest.