Search Results for:Shuli Ren
The only viable way for the Chinese to make money in Indonesia is perhaps through industry consolidation. After all, Indonesia has already seen some high-profile mergers, such as Grab’s takeover of Uber’s entire Southeast Asian business this year.
Seeing the VC world running dry, China’s unicorns are scrambling to find sugar daddies in the public markets.
The U.S. pipeline of Chinese IPOs has been light since President Donald Trump started making noises about tariffs in early March. The only billion-dollar offering is the pending sale by e-commerce site Pinduoduo, for which an American listing makes sense because it competes directly with Alibaba Group Holding Ltd and JD.com Inc., which already trade there.
Vietnam has better liquidity than the Philippines.
SoftBank is looking to IPO its domestic telecom unit and is offering to pay bondholders who agree to a covenant change that would make it easier to list it.
To keep a little powder dry for riskier investments, GPIF has been putting some government bond redemption proceeds into deposits.
Move over, Masayoshi Son. Pony Ma of Tencent Holdings Ltd. is emerging as the true Warren Buffett of Asia’s tech scene.
SoftBank Group Corp. has already issued $7.9 billion of dollar-denominated bonds this year.
Over the past five years, Fosun Pharma has done 26 deals totaling $3.1 billion, expanding beyond its core generic drug business.
Tencent Holdings Ltd., Baidu Inc., Alibaba Group Holding Ltd. and JD.com Inc. will together invest 27 billion yuan, while even the taxi-hailing service Didi Chuxing will join the party.