Visual from Chow Tai website

Chow Tai Fook adds Australia power firm to property, jewelry biz


Chow Tai Fook Enterprises Ltd., the Hong Kong conglomerate known for its chain of jewelry shops across China, agreed to acquire Alinta Energy Holdings Ltd. in a multi-billion dollar deal that marks the family-owned group’s foray into Australian utilities. The companies announced the transaction in separate statements on Thursday, without… Read more »

China Yingde management open to competing bids for firm

Yingde is the subject of a rare public Chinese boardroom battle.

Alibaba leads $18m Series B in Swiss auto AR startup WayRay

The transaction also sees WayRay partnering Alibaba-backed Banma.

HK: Li Ka-Shing firms cleared to pursue $5.6b bid for Australian power provider Duet

Billionaire Li Ka-shing won the approval of his shareholders to pursue the purchase of Australian power provider Duet Group, paving the way for the Hong Kong tycoon to diversify away from his reliance on Europe. The A$7.4 billion ($5.6 billion) bid made by Li’s companies — Cheung Kong Property Holdings Ltd.,… Read more »

China’s Jack Ma challenged by Kansas firm in fight for MoneyGram

Six weeks after billionaire Jack Ma’s Ant Financial announced a plan to take over MoneyGram International Inc., a little-known Kansas company is swooping in with a higher bid. Euronet Worldwide Inc. is offering $15.20 a share for the money-transfer service, topping Ant’s $13.25 bid, according to a statement. Shares of… Read more »

Exclusive: HK incredibly attractive in Asia for Aramco listing: SFC chief

SG, Toronto, New York and London are also vying for the listing

China: Virscend Education invests in Babycare, CSD Water Services’ Shanghai IPO

Babycare gets an undisclosed investment from Virscend Education. CSD Water Services, a sewage treatment supplier from Beijing enters IPO.

Kushners set to get $400m from China’s Anbang for tower deal

A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 Fifth Ave. The planned $4-billion transaction includes terms that some… Read more »

Hollywood gets caught up in China’s crackdown on overseas deals

Chinese money flowing into Hollywood is showing signs of receding

China Investment Corp commits $100m in Airbnb’s $1b funding round

Airbnb received $100 million from China Investment Corp.