Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
China
Private equity firm Hopu makes a comeback after a two-year lull
Private equity firm Hopu Investment Management Co. raised a new fund with USD 1.1 billion under management. Hopy re-entered the investment business after a two-year lull.
Foreign investors prefer financial investors - QFII survey
A recent survey conducted by Hong Kong company ChinaQFII indicated foreign investor preference in industries that would mostly deliver a return of equity with minimal risk.
Yashili records highest closing since 2010 IPO
Yashili closed at HKD4.45 per share, the highest since its IPO in 2010, after investors agreed to buy company shares.
China's Communist leadership meets for future changes in economy
President Xi Jinping and other Communist leaders to meet up for the third plenum of China. As the final quarter of 2013 comes around, China's economy has undergone an acceleration in manufacturing and exports creating momentum for the Beijing leadership to be confident on possible policy shifts to be implemented for the next decade.
Latest News
Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.
China's key Communist Party meeting expected to yield monumental economic and political reforms.
China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
Fosun International raised USD500 million from selling convertible bonds. Fosun International, the largest privately-owned conglomerate in China, managed to raise HKD3.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
Energy Excelerator, a new startup program in Hawaii, poured USD5 million into 15 innovative firms for the development of clean energy.
Deutsche Bank AG, Societe Generale SA and Harvest Global Investments now have China linked ETFs available.
State-owned Tsinghua Unigroup Ltd offered to buy RDA Microelectronics Inc for USD 18 per share. RDA Microelectronics Inc said it received its second buyout offer after more than a month.
Thomson Reuters publication IFR earlier reported that Morgan Stanley, Goldman Sachs and Standard Chartered were among the banks hired by Shuanghui International Holdings in its upcoming IPO.
