The theater technologies company will pick up a remaining 28.5 percent stake that it does not already own in the Shanghai-based unit currently trading on the Hong Kong Stock Exchange.
Monthly Archives For July 2023
McDonald’s China owners Carlyle, Trustar plan $4 bln exit – Bloomberg News
Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp operations in Hong Kong and mainland China, Bloomberg …
Environment and landscape expo shows latest industrial tech in Shenzhen
Urban Environment and Landscape Industrial Exhibition kicks off in Shenzhen, Guangdong province, July 12, 2023. As the first expo focuses on urban environment and landscape industry in China, the …
China’s chip metal export curbs are ‘a wake up call’ for countries to diversify their supply chains
China’s metal export curbs on gallium and germanium could spur some countries to diversify their supply chains away from China. China could also impose more curbs, such as on rare earths, said Luisa …
Elon Musk says he has advocated for AI oversight, including in China meetings
Billionaire Elon Musk said on Wednesday he has advocated for artificial intelligence regulations and oversight, including in his meetings in China.
Retail Crypto Shops in Hong Kong Benefit from China’s Crypto Ban
According to a new report from the Financial Times, retail crypto shops in Hong Kong have become a popular destination for Chinese investors. These shops allow customers to easily purchase digital …
McDonald’s China Owners Carlyle, Trustar Plan $4 Billion Exit
Carlyle Group Inc. and Trustar Capital are seeking to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp.’s operations in Hong Kong and mainland China, …
China’s US envoy makes rare Pentagon visit for security-related talks
China’s ambassador to the United States held a rare meeting at the Pentagon on Wednesday with the top U.S. defense official for Asia, the Pentagon said, in talks that followed U.S. criticism of …
Trade between the US and China is drying up. That could be bad news for American consumers.
Trade between the US and China has declined dramatically. Mexico is now the US’s top trade partner. However, fewer cheap Chinese imports could mean more expensive domestic prices for American buyers.
IMAX proposes to take full control of China unit in $124 mln deal
Cinema operator IMAX said on Wednesday it has proposed to acquire full ownership of its Hong Kong-listed, China subsidiary in a deal valued at about $124 million.
Elon Musk thinks China is interested in an international AI framework
By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from …
China extends financial measures for the battered real estate to the end of 2024
China’s top financial regulators announced this week that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024, in order to …
IMAX Offers To Buy Share Shares It Doesn’t Own In IMAX China For $124 Million
IMAX Corp., the global entertainment technology company, proposed today to purchase the 29% ownership take it doesn’t already own in IMAX China, a Hong Kong-listed subsidiary that oversees its …
