Alibaba investing in 'Mission: Impossible _ Rogue Nation'
AP - Wed Jun 24, 8:26AM CDT
BEIJING (AP) — The film arm of e-commerce giant Alibaba Group said Wednesday it will invest in the next "Mission: Impossible" movie in its first Hollywood venture, adding to a flood of Chinese money into the global film business.
From tycoons to state bosses: key people in Chinese business
AP - Thu May 14, 10:48AM CDT
BEIJING (AP) — The most successful of China's entrepreneurs have created some of the world's biggest companies and amassed stunning fortunes. Often they are little known outside of China, but that is changing as they expand abroad and sell shares on Wall Street. Some of their counterparts in China's massive government-owned companies are making a mark as they try to instil innovation and efficiency in lumbering state giants. A look at key figures in Chinese business.
AMZN: 443.51 (+9.12), BIDU: 187.75 (+0.18), EBAY: 62.37 (+0.60), ALU: 3.57 (+0.16), GM: 31.40 (+0.39), AAPL: 123.28 (+3.21)
Fosun Bids To Buy The 80% Of Ironshore It Does Not Own
Steve Evans - at Seeking Alpha - Tue May 05, 1:03PM CDT
Fosun International Limited ( OTCPK:FOSUY ) is taking steps to increase the contribution of insurance and reinsurance to its business, bidding to buy the rest of re/insurer Ironshore (Pending: IRSH ) as it seeks to become an insurance-oriented...
TPRE: 14.68 (+0.10), GLRE: 29.52 (+0.50)
Week In Review: WuXi PharmaTech Announces $3.3 Billion Go-Private Offer
ChinaBio Today - at Seeking Alpha - Sun May 03, 4:57AM CDT
Deals and Financings WuXi PharmaTech (NYSE: WX ), China's largest CRO/CMO, announced a surprise privatization offer of $46 per ADS from Dr. Ge Li, the company's founder, chairman and CEO, and Ally Bridge Group Capital Partners. Before the offer,...
CO: 5.51 (+0.02), WX: 40.50 (+0.96)
Fosun International, China's Largest Holding Company, Pivots Abroad
Epoch Times - at Seeking Alpha - Mon Mar 23, 4:40PM CDT
By Fan Yu While most bankers were on holiday in late December 2014, a bidding war was wrapping up to acquire Club Méditerranée SA ( OTCPK:CLMDY ). Better known as Club Med, it is one of the biggest international vacation and resort...
KKR: 23.17 (+0.36)
Sunny Skies For Fosun With Club Med Win
Doug Young - at Seeking Alpha - Mon Jan 05, 4:29PM CST
Bottom line: Fosun's ( OTCPK:FOSUY ) purchase of Club Med ( OTCPK:CLMDY ) looks like a good bet despite the deal's big premium, and could be followed by a major Chinese expansion and new IPO in Hong Kong in the next 5 years. Normally I'm not a big...
Fosun Ups Club Med Bid, Anbang Courts Minsheng
Doug Young - at Seeking Alpha - Mon Dec 22, 3:36PM CST
Bottom line: Fosun ( OTCPK:FOSUY ) is prepared to up its latest bid for Club Med ( OTCPK:CLMDY ) by another 20-30 percent, while Anbang needs to be careful in its investments to avoid ending up with a portfolio of overvalued, underperforming assets....
Haitong Kicks Off Wave Of Cross-Border Brokerage Ties
Doug Young - at Seeking Alpha - Tue Dec 09, 3:58PM CST
Bottom line: Haitong's purchase of a Portuguese investment bank marks the start of a new wave of cross-border tie-ups in the financial services sector, which could fuel a rally in stocks of Chinese brokerages. A new wave of Sino-foreign tie-ups in...
Fosun Finds Challenger In Club Med Bid
Doug Young - at Seeking Alpha - Mon Dec 08, 5:02PM CST
Bottom line: Fosun should drop out of the bidding war for Club Med to avoid overpaying for the resort operator, despite big potential from a possible Asia expansion. Chinese investors aren't the only companies with big money to spend on global...
Why China Petroleum & Chemical (SNP) Stock Is Down Today
at The Street - Mon Sep 15, 7:36AM CDT
The company said it will sell a stake in its fuel retailing business for 107 billion yuan ($17.5 billion), a price lower than analysts estimated.
LFC: 20.36 (+1.40), SNP: 80.07 (+1.47)