-Hong Kong-based microfinance platform Micro Connect, co-founded by former Hong Kong stock exchange CEO Charles Li, on Wednesday said it has raised $458 million from new and existing investors..
China s Ant Group and Standard
Chartered said on Monday they will work together in
green finance and global fund management, broadening their
existing partnership. The deal is the first.
A Chinese aircraft-use measuring instrument manufacturer said it plans to issue $2.45 billion worth of new stock to a state-owned aviation and defence firm that effectively controls it, in.
Chinese electronics parts
manufacturer Victory Giant Technology Huizhou Co Ltd
said on Wednesday it had agreed to buy Singapore s printed
circuit board maker MFS Technology for up to $460 million. .
China's Stemirna Therapeutics said on Wednesday it had suspended work at a factory it had planned to use to manufacture its COVID-19 vaccine candidate that uses messenger RNA (mRNA) technology, citing a lack of demand. Stemirna, whose backers include private equity firm HongShan, previously known as Sequoia Capital China, said in a statement it had only been testing production and would now focus on research instead. The company had planned to have the capacity to produce 400 million doses of its vaccine candidate a year via two factories, the second of which had not started operations.