Donny Kwok

China’s Evergrande Health to acquire 51% stake in Swedish EV firm for $930m

The Chinese healthcare service provider continues to diversify into new energy automotive industry.


Shanghai Junshi Biosciences soars on HK debut after $394m IPO

Hong Kong has enjoyed its best year since 2010 in terms of listings, with companies raising $36.3 billion, more than anywhere else in the world.


Chairman-led group offers to take HK-listed Hopewell private for $2.7b

The consortium, which owns 36.9% of the company, offered to buy all outstanding shares or 63.1% it does not already own.


HK-listed United Energy to buy Kuwaiti firm for $651m

The deal will allow United Energy to have a diversified portfolio of assets.


Heineken to sell China operations to CR Beer in $3.1b deal

Heineken entered China in 1983 but has struggled to set up a strong distribution network and to make a mark with its flagship.


Fosun buys matchmaking service provider from chairman for $603m

Fosun International Ltd said it would buy 69.18 percent of match-making and dating service provider Baihe Jiayuan Network Group Co Ltd from Chairman Guo Guangchang for 4 billion yuan ($603.4 million) in cash.


HK’s China Resources mulls $667m general offer for Jiangzhong Pharma

The Hong Kong-listed company planned to buy at least 51 per cent of Jiangzhong Group, which owns 43.03% of the Shanghai firm.


China’s BAIC Motor to raise $422m via share sale for working capital

BAIC Automotive Group Co Ltd’s stake in the Hong Kong-listed firm will be reduced to 42.6 percent on completion of the deal from 44.98 percent.


Chinese sportswear retailer Pou Sheng shareholders vote against taking firm private

Pou Sheng’s parent firm, Taiwan’s Pou Chen Corp proposed taking Pou Sheng private in a deal valuing it at $1.4 billion.


China’s CITIC unit to buy 25% in Ausnutria Dairy for $250m

CITIC Agri Fund Management Co Ltd will become the dairy products supplier’s biggest shareholder.