Tag: corporate changes
about 1 year ago
wsj.com

Wall Street’s China Dream Gets Frustrated—Again

U.S. firms are reshoring at the fastest pace in history, in part, due to the trade war with China and rising tariffs....

Read Full Article
about 1 year ago
wsj.com

Ant’s Financial License Is in Limbo as China Shakes Up Regulatory System

Jack Ma, co-founder of Alibaba Group Holding Ltd., returned to mainland China after spending roughly a year overseas....

Read Full Article
over 1 year ago
wsj.com

U.S. Regulator Says It Has Access to Audit Papers of Chinese Companies

The Public Company Accounting Oversight Board said it has secured complete access to inspect China-based audit firms ...

Read Full Article
over 1 year ago
wsj.com

As Russian Army Falters in Ukraine, Paramilitary Leader Close to Putin Flexes Power

Yevgeny Prigozhin, founder of the Wagner Group, is using his force’s battlefield presence to gain sway with the Kreml...

Read Full Article
almost 2 years ago
wsj.com

U.S. and China Put Their Market Divorce on Hold

A dispute between the two countries over audits of U.S.-listed Chinese companies may finally be near resolution. Keep...

Read Full Article
almost 2 years ago
wsj.com

China’s State-Owned Travel Retailer Returns With Slimmed Down IPO

China Tourism Group Duty Free is planning to raise around $2 billion from a Hong Kong initial public offering, return...

Read Full Article
about 2 years ago
wsj.com

AGL Energy Scraps Demerger Proposal After High-Profile Opposition

AGL Energy has scrapped the demerger following opposition from investors including billionaire Mike Cannon-Brookes an...

Read Full Article
about 2 years ago
wsj.com

AGL Would Look at Accelerating Coal-Plant Closures Post Demerger

AGL Energy’s power generation unit would look at accelerating the closure of coal plants following the business’s pla...

Read Full Article
about 2 years ago
wsj.com

Life360’s Shares Hit 16-Month Low as It Shelves U.S. Listing Plans

UPDATED: Life360 Ltd. shares have fallen throughout the session, hitting their lowest level since December 2020 after...

Read Full Article
over 2 years ago
wsj.com

Indian Stocks Still Need to Let Off Some Steam

Indian stocks had a banner 2021 and have held up better than U.S. counterparts in 2022, but valuations still look str...

Read Full Article
over 2 years ago
wsj.com

China’s Centurium Capital Gains Control of Luckin Coffee

A private-equity investment group has a more than 50% voting interest in the coffee chain, having recently acquired s...

Read Full Article
over 2 years ago
wsj.com

Didi Stock Remains Mired in the Twilight Zone

Didi investors have finally gotten a clear glimpse into its financials following the Chinese ride-hailing giant’s fat...

Read Full Article
over 2 years ago
wsj.com

Chinese AI Giant SenseTime’s IPO Comes at a Bad Time

SenseTime has developed strong AI technology. Next, it needs to figure out how to make money from it.

Read Full Article
over 2 years ago
wsj.com

SenseTime Revives IPO Days After U.S. Investment Blacklist Forced Delay

Chinese AI giant SenseTime filed revised documents for a Hong Kong IPO and said it still plans to list before the end...

Read Full Article
over 2 years ago
wsj.com

China’s SenseTime Postpones IPO After U.S. Blacklisting

Chinese AI company SenseTime said it would postpone its Hong Kong IPO days after it was added to an investment blackl...

Read Full Article
over 2 years ago
wsj.com

Chinese AI Company SenseTime Delays IPO as U.S. Prepares Investment Ban

The Treasury Department formally placed SenseTime on a list of companies that support China’s military, barring Ameri...

Read Full Article
over 2 years ago
wsj.com

Didi’s Drive Home Marks the End of an Era

Didi’s flight to Hong Kong isn’t unexpected, but the company still faces a tangle of problems. And its retreat marks ...

Read Full Article
over 2 years ago
wsj.com

Trump’s Social-Media Platform Joins Crowded Conservative Media Field

The former president’s son, Donald Trump Jr., has been closely involved in the creation of the new company, which cou...

Read Full Article
almost 3 years ago
wsj.com

Singapore to Host SPAC Listings With New Framework

Singapore will become the first major financial hub in Asia to allow blank-check companies to list.

Read Full Article
almost 3 years ago
wsj.com

As China’s Online Tutoring Firms Tank, India’s Cash Up

China’s crackdown on its booming for-profit education sector has shaken many investors, but in India, the sector look...

Read Full Article
almost 3 years ago
wsj.com

Assets in Ant Group’s Flagship Money-Market Fund Tumble to 2016 Levels

Before Chinese regulators forced Ant to call off its blockbuster IPO, the fund had more than $180 billion in assets u...

Read Full Article
almost 3 years ago
wsj.com

Didi and the Big Chill on China’s Big Data

The crackdown on ride-hailing giant Didi is part of a much larger move to assert Beijing’s jurisdiction over how data...

Read Full Article
almost 3 years ago
wsj.com

Chinese Regulators Target Ride-Hailing Company Didi Just Days After IPO

The review of the Chinese company, which went public in the U.S. this week, comes as Beijing seeks to assert more con...

Read Full Article
almost 3 years ago
wsj.com

PUBG Maker Krafton Shoots, Misses $5 Billion Mark

South Korean game maker Krafton scaled back its IPO, which had been set to be the largest in the country’s history, a...

Read Full Article
about 3 years ago
wsj.com

Oil Majors Face Tough Choices Even With Higher Prices

The recovery in oil prices over the past year has eased financial pressures on big producers, but not strategic ones....

Read Full Article
about 3 years ago
wsj.com

Singapore Explores Getting In on SPACs

The Singapore Exchange started a public consultation on the publicly listed shell companies with ready pools of cash ...

Read Full Article
about 3 years ago
wsj.com

Green Energy Spinoffs Can Help Investors Clean Up

The clamor on Wall Street for all things green has put spinoffs back on the agenda for energy producers. This time ro...

Read Full Article
about 3 years ago
wsj.com

Oil Giant Aramco’s Shares Remain a Curiosity

While Aramco will likely continue to play its role as the central banker of oil, its stock-market listing is more a c...

Read Full Article
over 3 years ago
wsj.com

WSJ News Exclusive | Ant Group Boss Tries to Quell Employee Discontent With Promise of Eventual IPO

The executive chairman also said the company would look for ways to help workers monetize some of their shares after ...

Read Full Article
over 3 years ago
wsj.com

With Ant IPO in Limbo, Funds Let Investors Cash Out

Funds that touted access to Ant’s blockbuster share sale will let investors cash out early, following a social-media ...

Read Full Article
over 3 years ago
wsj.com

Ant Group’s Giant IPOs Set to Launch After Regulators Clear the Way

The Chinese financial technology giant said investors in mainland China have committed to purchasing more than a thir...

Read Full Article
over 3 years ago
wsj.com

BTS Won’t Stay Forever Young. The K-Pop Sensation’s Owner Needs New Big Hits.

The successful IPO of K-pop producer Big Hit Entertainment gives the company big resources, but it needs to diversify...

Read Full Article
over 3 years ago
wsj.com

Kioxia’s Ambitious IPO Runs Up Against Reality

The collateral damage from Huawei’s trouble is widespread, but the problems with the now-delayed Kioxia public offeri...

Read Full Article
almost 4 years ago
wsj.com

Beware Chinese Property Firms in Tech’s Clothing

Investors are willing to pay a premium for KE Holdings, trying to disrupt the world’s largest housing market, but the...

Read Full Article