NEWS WRAP: Cango agrees to sell China-based business
The $352 million sale could pave the way for a Singapore-linked entity to take control of Cango as it transitions from car trader to bitcoin miner By Doug Young…
Last orders: leading rice noodle chain to delist from Hong Kong
Restaurant network Tam Jai International is being bought out by its Japanese parent after battling weak growth and a troubled expansion plan Key Takeaways: The offer of HK$1.58 per share…
EKH turns to Hong Kong market to load up on new funds
The Singapore-based operator of container depots is in the market for IPO cash to fund a big freight complex, but it may struggle to convince investors Key Takeaways: The company…
BRIEF: Synagistics completes Hong Kong’s first listing via SPAC merger
Southeast Asian e-commerce company Synagistics Ltd. (2562.HK) announced on Wednesday it completed its merger with HK Acquisition Corp., making it the first company to list in Hong Kong using a…
GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
What Chinese companies can learn from Shein on managing U.S.-China tensions – Part 2
The online fast-fashion sensation is part of a growing group of Chinese companies finding middle ground in Singapore to balance the world’s two major superpowers This is the second part…
Asia Innovations SPAC Listing: Based in Singapore, But Made in China
Social media company’s executive team, including co-founder and CEO Andy Tian, all come from China tech and media backgrounds Key Takeaways: Developing markets social media company Asia Innovations is planning…
