Goldman has applied to boost its stake in Goldman Sachs Gao Hua Securities Co. to 51% from 33%.
IPOs & Markets
Even if the Alibaba deal proceeds, there’s little doubt that Chinese executives have become wary of Hong Kong.
A wave of resignations could derail CLSA’s global ambitions.
The move is a part of its restructuring exercise, said sources.
The PE firm is working with financial advisers on the potential deal.
Gree Electric’s largest shareholder, state-controlled Gree Group, held about 18% at the end of September.
At least four most senior managers are following CEO Jonathan Slone out the door amid mounting tension with Citic Securities Co., which bought CLSA in
TPG sold about 128 million CICC shares at HK$18.58 apiece, representing 75% of its holding in the Beijing-based securities firm.
The move followed a drop of about 60% in CLSA’s 2018 bonus pool and a number of other recent changes instigated by Citic, including staff adjustment
Investment in Chinese commercial real estate rose 9.5% in 2018 to hit a record 296 billion yuan, with about one-third of transactions coming from over
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.