Huitongda puts its cash to work with investment in struggling supplier
The Alibaba-backed e-commerce company will pay 994 million yuan for 25% of Jin Tong Ling, a maker of industrial equipment now undergoing a court-led restructuring Key Takeaways: Huitongda will pay…
Recent Articles
RELATED ARTICLES
-
Checking out or checking in? Jin Jiang can’t decide
600754.SHG -
Work in progress: East Buy reinvents itself – again
1797.HK
-
Red Star Macalline shines spotlight of hope on struggling retail property sector
1528.HK
-
Uxin gets new cash injection as its used car superstores gain speed
UXIN.US
-
Alibaba turns up its ‘instant retail’ game
9988.HK BABA.US
- Intsig scans global financial markets for cash with Hong Kong IPO
-
So-Young rethinks reverse share split as its stock surges
SY.US
