Ken Wang covers China's ECM and the equity-linked market for IFR. Before joining Thomson Reuters IFR in January 2011, he worked as a stock editor for China Finance Online.
China Unicom is pressing ahead with a landmark equity fundraising plan that will set a precedent for the introduction of private capital into state-owned enterprises, after receiving a critical waiver from regulators.
Chinese search engine Sogou, a Sohu.com subsidiary that counts Tencent Holdings as its biggest shareholder, is looking to list in the US in a move seen as a major step towards challenging the country’s market leader, Baidu.
China National Petroleum Corp has raised Rmb10bn (US$1.47bn) from a public offering of five-year exchangeable bonds, the largest such offering in the Chinese domestic market.