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HONG KONG: China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment obligations come due in the near-term.
(Reuters) - Lenovo Group's application for a share listing in Shanghai has been terminated, a Shanghai Stock Exchange filing showed on Friday.
SAO PAULO: Chinese oil and gas firm CNOOC Ltd wants to exercise an option and acquire an additional 5% stake in production rights for the Buzios oilfield for US$2.08bil (RM8.71bil), according to the oilfield’s owner, Brazil’s Petrobras.
China's HNA Group, once one of the country's most acquisitive conglomerates, said on Fridaynight (Sept 24) that its chairman and its chief executive had been taken away by police due to suspected criminal offences.
SHANGHAI: Officials in China’s financial capital of Shanghai are closing a route used for decades by companies operating in the technology sector to draw foreign investment.
Beijing is on a mission to rein in what it calls "chaotic fan culture" and celebrity excess.
China Telecom, which was delisted in the United States during the Trump Administration, is slated for IPO in Shanghai to raise up to RM35.49bil.
China Telecom Corp., one of the three mainland telecom carriers booted off the New York stock exchange, is planning to raise 47.1 billion yuan ($7.3 billion) from a listing in Shanghai that is set to be the world’s biggest so far this year.
SHANGHAI: A string of 100-year-old Chinese companies have jumped on the bandwagon of seeking a public debut for renewed development impetus, a signal that the country’s capital market is scaling up support to nurture strong homegrown brands, market experts said.