IPOs & Markets
It plans to focus on ensuring a stable market and risk prevention
Three of the approved IPOs are on the Shanghai bourse
Other prospective investors in this round include Tencent Holdings and Tiger Fund.
It is the first overseas investment for Nanjing Nangang.
The nonprofit seeks to holds funds in NY rather than solicit them.
All the six banks have listed in HK in the past 16 months are underperforming.
Any disposal would add to the $4 billion of restaurant-related acquisitions announced in Asia Pacific this year.
The highly-leveraged company is tapping multiple financing channels offshore
Meican is a leading food solution provider for corporates in China.
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