BRIEF: Agile sells seasoning products business for $33 million
Agile Group Holdings Ltd. (3383.HK) announced on Tuesday that its wholly owned subsidiary, Yaxin Investment, has agreed to sell its 21.16% stake in Guangdong PRB Bio-Tech Co. Ltd. to Guangdong…
PODCAST: Sino-Ocean’s Bondholder Revolt, and Alibaba’s Homecoming
Bondholders of struggling developer Sino-Ocean have flatly rejected its debt restructuring proposal. Does that spell the end for the company? And Alibaba's shares could become available to Mainland investors as soon as the end of this month. What kind of upside could that bring to the sagging stock?
E-House Comes Unhinged in China’s Real Estate Crash, Joining List of Victims
Property services provider’s shares are nearly worthless after it became the latest from its sector to default on debt Key takeaways: • E-House defaulted on $298 million worth of bonds…
