Min Zhang

China Eastern Airlines to raise up to $2.2b in share sale

China Eastern Airlines Corp will use the proceeds to expand its fleet and to replenish working capital

China’s COSCO Shipping wins US security clearance for $6.3b OOIL deal

COSCO said the Committee on Foreign Investment in the US had notified it that it does not have any outstanding security issues following an agreement with the U.S. government to divest the Long Beach container terminal business to a third party.

Chinese e-commerce firm Suning.com sells $1.5b of Alibaba shares

Suning.Com is expected to make a net profit of about 5.6 billion yuan ($872.3 million) from the sale, it said in a filing with the Shenzhen Stock Exchange.