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Top related persons:
Janet Yellen - 1 Mark Schiefelbein - 1 Hong - 1 Recco - 1 Kong’s - 1 David Blennerhassett - 1 Hollysys - 1 Una Galani - 1
Top related locs:
Beijing China Rights SINGAPORE United States People's Republic Washington Hong Kong U.S
Top related orgs:
Treasury - 1 Lifeng - 1 Rights - 1 U.S - 1 Nasdaq - 1 Oasis Management - 1 Capital Partners - 1 Quiddity Advisors - 1

Search resuls for: "David Blennerhassett"


3 mentions found


☆ More US-China take-privates could get feisty
  + stars: | 2023-11-14 | by ( Anshuman Daga | ) www.reuters.com   time to read: +4 min
It is unusual to see a ruckus over a U.S.-listed Chinese firm. Would-be acquirors of Hollysys include the company’s own management, a buyout firm and a consortium including Chinese state-owned investors. The segment constitutes 65% of Hollysys’ top line, which has risen by over 50% from three years ago. The Hollysys affair suggests shareholders can expect a little bit more as Chinese companies bid farewell to the United States. The $26 per share cash offer represents a 26% premium to the closing price on Nov. 3.
Persons: Janet Yellen, Mark Schiefelbein, Hong, Recco, Kong’s, David Blennerhassett, Hollysys, Una Galani, Thomas Shum Organizations: Treasury, Lifeng, Rights, Reuters, U.S, Nasdaq, Oasis Management, Capital Partners, Quiddity Advisors, ABB, Emerson Electric, VNET, Ascendent Capital Partners, Automation Technologies, Recco Control Technology, Hong, Investment, Thomson Locations: Beijing, China, Rights SINGAPORE, United States, People's Republic, Washington, Hong Kong, U.S, Singapore
☆ Alibaba to split into six units
  + stars: | 2023-03-28 | by ( ) www.reuters.com   time to read: +2 min
March 28 (Reuters) - Alibaba Group Holding Ltd (9988.HK) said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each of the units will explore fundraising or initial public offerings. STUART COLE, HEAD MACRO ECONOMIST AT EQUITI CAPITAL, LONDON"I am not sure how quickly Alibaba could be broken up. To me, it suggests something that Alibaba has been wanting to do for some time, but has been waiting for the opportunity to do so." With this expectation, investors will be more positive on Alibaba. It may reflect a new round of development for the business and reduce worries of regulatory issues."
☆ China property stocks fall after Evergrande debt revamp plan
  + stars: | 2023-03-23 | by ( ) www.reuters.com   time to read: +2 min
HONG KONG, March 23 (Reuters) - China Evergrande Group's (3333.HK) long-awaited offshore debt restructuring proposals failed to address investor concerns about the property sector's prospects, sending shares of rival developers lower on Thursday. An index tracking mainland-based property developers (.HSMPI) slipped 1.1% by early morning Hong Kong time, while the broader stock benchmark (.HIS) was flat. Under the debt restructuring plan, Evergrande bondholders were given two main options. "I think its too early to speculate that this could show that the worst is over for Evergrande," he added. Evergrande said on Wednesday that additional financing of 250 billion yuan ($36.55 billion) to 300 billion yuan would be required for its business as it resumes operations over the next three years.
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