China gathers state-led consortium for Aramco IPO as its govt pushes for HK listing


The planned Chinese investment may get Armco to seek an Asia listing.

Xinfengming chairman Zhuang Kuilong turns billionaire after Shanghai IPO

A revival in China’s polyester industry has produced a new billionaire.

Bosch to partner China’s Baidu, AutoNavi for self-driving projects

The deal marks a push by the firm in China’s autonomous vehicle market.

Hyundai to take Genesis luxury brand to China in bet tensions will cool

Possibly as early as next year.

Ant Financial’s Alipay merges with Lazada’s helloPay in consolidation move

Deal comes a year from Alibaba’s $1b purchase of a controlling stake in Lazada.

Hyundai China JV encountering severe political, economic challenges

Hyundai and its affiliate Kia saw combined China sales slump 52 percent in March.

People: PIMCO, Colliers International make senior Asia hire; Thai SCB gets Digital Ventures head

Scott Steele will also assume Thompson’s previous role as Head of the SG office

China: Baidu set to launch self-driving car technology in July

The project is named Apollo after the lunar landing program.

HK: Affluent Partners acquires 33% of Dellos Group in $10.1m deal

Affluent Partners is acquiring 33% of Dellos Group to expand into the drinks business.

China’s Chery Auto open to new JVs with overseas partners

Chinese carmaker Chery Automobile Co Ltd is open to potential new joint ventures with overseas partners, the firm’s chief executive said on Wednesday at the Shanghai auto show. “If opportunity comes then we are willing to discuss it,” said CEO Chen Anning. Chery already has joint ventures with Jaguar Land… Read more »