by bondevalue | Apr 27, 2021 | China
Chinese State Administration for Market Regulation has announced an investigation into the possible monopolistic practices by the online-to-offline food-delivery platform Meituan. The probe on the third largest internet company in China comes close on the heels of the...
by bondevalue | Apr 20, 2021 | High Yield Bonds
Chinese delivery company Meituan raised $9.98bn via a record share sale and convertible bond issuance in a bid to build its war chest to take on majors such as Alibaba. The company raised $7bn via a top-up share placement, the largest ever by a Hong Kong-listed...
by bondevalue | Apr 14, 2021 | China
In a meeting organized jointly by Chinese Cyberspace and tax authorities, the regulators warned 34 big technology companies that it would be tightening scrutiny and advised them to follow the country’s regulations and rectify their anti-competitive practices...