Tencent sells down its Bilibili stake but retains debt links
The video platform is planning a $700 million capital restructuring that turns Tencent from a core shareholder into a creditor through an equity-to-debt deal Key Takeaways: Bilibili’s move would pretty…
Hello Group courts big spenders abroad as Chinese daters economize
The social-app operator is boosting its paid user base at home, but weaker spending and setbacks overseas are prolonging its long-awaited turnaround Key Takeaways: Hello Group’s revenue fell 5.1% in…
Shanghai Vision Star aims for global spotlight with Hong Kong IPO
The marketing services company has abandoned its listing on Beijing’s NEEQ market and is looking to Hong Kong in a bid to attract international capital Key Takeaways: Shanghai Vision Star…
Bleeding cash and mired in debt, Haichang teeters on the brink of collapse
The struggling marine theme park operator’s revenue slid in the first half of the year and its loss widened, as its massive debt load continued to swell Key Takeaways: Haichang…
Fosun tries again with new Club Med Hong Kong IPO bid
The plan would mark the third time as a public company for the resort operator, following previous listings in Paris, and later in Hong Kong as Fosun Tourism Key Takeaways:…
Yalla’s gaming push bears early fruit as new titles sweeten its revenue mix
The company’s game revenue rose 11.6% in the second quarter, as its new mid-and hardcore titles begin to supplement its flagship chat and casual gaming apps Key Takeaways Yalla reported…
H World rolls out red carpet for shareholders with new $2.5 billion return plan
China's leading hotel group raised its full-year outlook after posting stronger-than-expected second-quarter results, as it added two new brands to its domestic portfolio Key Takeaways: H World's revenue rose 10.8%…
Recent Articles
RELATED ARTICLES
-
Bilibili’s ad surge illustrates new rules of China’s video market
BILI.US -
Tencent Music sings the blues under ByteDance assault
TME.US1698.HK
-
Swire sells down Cathay Pacific stake at 7% discount, raising $613 million
0019.HK0293.HK
- Is Yatsen setting its sights on famous but struggling Erno Laszlo?
-
GigaDevice’s profit soars as celebrity founder sells down stake
3986.HK603986.SHG
-
Bilibili’s profit jumps on growing user base, usage time
BILI.US
-
Tencent Music to issue $1 billion in senior unsecured notes
1698.HKTME.US
