Illustration the rebounding Chinese Yuan

By Doug Young & Rene Vanguestaine

After falling to multiyear lows, China’s yuan has come roaring back in recent weeks. But what has changed, and are the gains for real? And China approves the $69 billion merger of VMware with global chip giant Broadcom after more than a year. Does this signal a friendlier new approach by China to global chip M&A?

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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BRIEF: OmniVision launches $600 million Hong Kong IPO

CMOS image sensor maker OmniVision Integrated Circuits Group Inc. (0501.HK) launched its Hong Kong IPO on Thursday, aiming to raise about HK$4.7 billion ($604 million) by selling 45.8 million shares…