GIC committed to invest $1 billion in Budweiser Brewing Company APAC, which raised about $5 billion after pricing its shares at the bottom of a market
China Investment Corp. aims to have as much of 50% of its portfolio in alternative assets by the end of 2022.
IPOs & Markets
Companies such as AB InBev SA’s Asian unit, and Megvii Technology aim to raise over $10 billion this year.
The $3-billion tag for a 10% stake amounts to a valuation of $7.5 billion for the 25% currently owned by Temasek.
The clash of cultures between Wall Street’s freewheeling practices and the more staid, hierarchical approach of Chinese state-controlled financial i
A successful Budweiser sale would deal a further blow to the cornerstone custom.
On Tuesday, Suzhou HYC Technology Co. became the first candidate on the SSE STAR Market to price its stock.
These firms ramped up their presence in the city as Chinese officials ratcheted up efforts to cool the domestic property market.
Trading in HK would provide a buffer if Alibaba's NY-listed shares fell victim to US-China tensions.
Old-world banks may look at striking alliances with startups backed by tech giants.
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