By Doug Young & Rene Vanguestaine

China discloses the settlement of a major natural gas deal with France using its local currency, the yuan. And shenanigans involving lost pledged shares and a new class of stock to protect a founder’s stake in his company.

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: 51World launches $94 million Hong Kong IPO

Digital twin technology company Beijing 51World Digital Twin Technology Co. Ltd. (6651.HK) launched its Hong Kong IPO on Thursday, aiming to sell 24 million shares for HK$30.50 apiece to raise…