China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | November 14, 2016

A Newsletter on deal Making in China

Source: Variety

Deal News


Chinese copper firm buys owner of Hollywood's Voltage, maker of 'The Hurt Locker'
Nicolas Chartier’s Voltage Pictures is the latest Hollywood firm to come under Chinese control. Anhui Xinke New Materials, a company primarily involved in copper processing and manufacturing wires and cables, has acquired an 80% stake in Midnight Investments, the owner of finance, production and sales outfit Voltage. The sale price, according to Reuters, is 2.39B yuan ($350M).


China’s CNPC Said to Plan Spinoff of Assets With 140,000 Workers
China National Petroleum Corp. plans to spin off most non-energy assets -- a portfolio comprising roughly 10 percent of its workforce -- as low oil prices force the state-...

By: ChinaDesk | November 08, 2016

A Newsletter on Deal Making in China


Deal News


Evergrande seeks $33 billion valuation for Shenzhen listing of property assets
China Evergrande Group said it is seeking a market value of $33.7 billion in its Shenzhen backdoor listing that will house most of its property assets, according to a document for investors seen by Reuters on Monday.


Chinese peer-to-peer lender Lufax sees IPO helping local, overseas growth: CEO
Lufax, China's biggest peer-to-peer lending and wealth management platform, sees a potential listing helping to fund expansion at home and abroad, though it has set no specific timeline for a deal, Chief Executive Officer Gregory Gibb told Reuters in an interview on Monday.


China Inc.’s Investment Bank Dives Into Troub...

By: ChinaDesk | November 05, 2016

A Newsletter on Deal Making in China


Deal News

CICC in advanced talks to buy China Investment Securities: sources
China International Capital Corp (CICC) is in advanced talks to acquire China Investment Securities, two sources with knowledge of the matter said, as China's leading investment bank seeks to bolster its presence in the retail brokerage business.

Bank of Shanghai $1.6 billion IPO oversubscribed 763 times in biggest Shanghai listing this year
Bank of Shanghai Co's 10.7 billion yuan ($1.58 billion) initial public offering, the Shanghai bourse's largest this year, was oversubscribed by a factor of 763, according to a calculation by Reuters from two filings on Thursday and Friday.

New $1.3B Chinese Buyout Shakes Up Consolidating Ch...