BRIEF: Sainsbury ends talks with JD.com on Argos sale
E-commerce giant JD.com Inc. (9618.HK, JD.US) has been actively seeking acquisitions of brick-and-mortar retailers in Europe, but that expansion suffered a setback with the collapse of a deal in the…
BRIEF: Archosaur buys $24.2 million in wealth management products
Mobile game developer Archosaur Game Inc. (9990.HK) said last Friday it purchased a series of wealth management products totaling $24.2 million, including $12.6 million invested last week in bond-linked notes.…
BRIEF: Butong passes listing hearing, targets IPO launch by month’s end
Premium nursery products maker Butong Group passed its listing hearing with the Hong Kong Stock Exchange on Thursday, paving the way for it to launch its IPO by the end…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
BRIEF: Bain sells China data center operation to domestic buyer for $4 billion
Bain Capital said on Wednesday it has agreed to sell its China data center operation to a Chinese consortium led by Shenzhen Dongyangguang Industry for $4 billion, representing the largest…
INDUSTRY BRIEF: Trump eyes curbs on Chinese drugs, drawing industry pushback
The administration of U.S. President Donald Trump is weighing restrictions on the import of drugs and experimental therapies from China, a move that could disrupt the U.S. pharmaceutical industry and…
