China International Capital Corp (CICC) and Fosun International Capital, a subsidiary of Fosun International, are joint financial advisers for the deal. “The listing status of the company no longer provides …
Chinese stocks do not need a turnaround in property prices to chalk up further gains despite an entrenched bearish consensus that says they do, according to a top market strategist …
It is also very difficult for companies to terminate employees in mainland China. Demotions – or the threat of them – could lead bankers to resign, which would enable the …
Embattled property developer Country Garden issued a statement on Thursday morning rejecting talk, which it said was spread across several social media platforms, that its founder and chairman had both …