Illustration of a slot machine in a Macau casino

Macao’s end of an era, and a ghost ship in search of a business

An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?
Illustration of the umbrella brand of Geely, which includes Zeekr, Volvo, Lotus.

Zeekr’s buyout stalls, and Chagee’s returns cool

A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
Starbucks is a consumer company

BRIEF: Goldlion privatization rejected by shareholders

Apparel maker Goldlion Holdings Ltd. (0533.HK) announced on Friday that a plan to privatize the company from major shareholder and Chairman Tsang Chi Ming was rejected by shareholders. Shareholders representing…
Starbucks is a consumer company

BRIEF: Bossini privatization approved, to delist in mid-March

Casual wear retailer Bossini International Holdings Ltd. (0592.HK) said on Monday its shareholders overwhelmingly accepted a privatization offer from Viva Goods Co. Ltd. (0933.HK), a company under sportswear seller Li…