Fosun Tourism travels back to home base with delisting plan
The resort operator is being absorbed back into the Fosun group via a buyout offer to minority shareholders, with a focus on China’s domestic travel market Key Takeaways: Fosun Tourism’s…
FAST NEWS: Cango announces new $50 million share buyback
The Latest: Car-trading platform operator Cango Inc. (CANG.US) announced a plan last Friday to buy back up to $50 million worth of its American depositary shares (ADSs). Looking Up: The…
TikTok-ing Off High Valuation, ByteDance Offers to Buy Out Early Investors
The TikTok parent will buy back up to $3 billion of its own shares at a valuation of about $300 billion, even as China’s second largest internet company also faces…
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