Power Drain: China's Tesla Rival NIO Raises $1 Billion in Underwhelming IPO - Wall Street Journal
Wall Street JournalPower Drain: China's Tesla Rival NIO Raises $1 Billion in Underwhelming IPOWall Street JournalChinese electric-vehicle maker NIO Inc. p.....»»
Power Drain: Tesla Rival NIO Raises $1 Billion in Underwhelming IPO
Chinese electric-vehicle maker NIO priced its U.S. initial public offering near the bottom of its indicative price range, placing a $6.42 billion valuation on the Shanghai-based company that has billed itself as an emerging rival to Tesla......»»
The Wall Street Journal: China raises $6 billion in record dollar bond sale
China is taking advantage of low global yields to raise $6 billion in its largest-ever dollar bond sale......»»
The Wall Street Journal: Tesla makes deal with Chinese lenders for Shanghai Gigafactory
Tesla Inc. reached an agreement with lenders in China to receive as much as a half-billion dollars to invest in its Shanghai factory currently under construction......»»
China's ZTE to Pay $1 Billion Fine in Settlement With US - Wall Street Journal
Wall Street JournalChina's ZTE to Pay $1 Billion Fine in Settlement With USWall Street JournalWASHINGTON—The U.S. and China reached a deal that will all.....»»
Sizing Up Tesla's $10 Billion Debt Stack - Wall Street Journal
Wall Street JournalSizing Up Tesla's $10 Billion Debt StackWall Street JournalThe electric-car maker booked a record $11.8 billion in revenues last year, as it began to launch its highl.....»»
The Wall Street Journal: Disney raises offer for Fox assets to beat off competition from Comcast
Walt Disney Co. raised its offer to purchase most of 21st Century Fox to more than $70 billion in cash and stock, topping an unsolicited offer from rival Comcast Corp. as the bidding war for the coveted media properties escalates......»»
China's Cosco Gets US Security Clearance to Purchase Shipping Rival - Wall Street Journal
Wall Street JournalC.....»»
In Rare Step, Saudi's Sovereign-Wealth Fund Raises $11 Billion Loan - Wall Street Journal
Wall Street JournalIn Rare Step, Saudi's Sovereign-Wealth Fund Raises $11 Billion LoanWall Street JournalDUBAI—Saudi Arabia's sovereign-wealth fund has begun cobbling together billions of dollars from different sourc.....»»
The Wall Street Journal: New report of illnesses at Wuhan lab raises questions about origins of COVID-19
Three researchers from China’s Wuhan Institute of Virology .....»»
The Wall Street Journal: Texas overcharged $16 billion for power during last month’s crisis, monitor says
An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that the charges be reversed......»»
The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO
Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»
The Wall Street Journal: Boeing secures funding options amid 737 Max crisis, including $12 billion bank loan
Boeing Co. has lined up at least $12 billion in bank loans and may tap the commercial paper market to counter the cash drain from the 737 Max crisis......»»
Hedge Fund and Insider Trading News: George Soros, Tom Steyer, Tiger Global Management, Rocky Mountain Chocolate Factory, Inc. (RMCF), Western Digital Corp (WDC), and More
Tiger Global Raises $3.75 Billion Venture Fund (The Wall Street Journal) Tiger Global Management has closed on a $3.75 billion private-equity f.....»»
Huawei freaked out at The Wall Street Journal over a report that it secured its global tech dominance on the back of $75 billion in state support from China
Reuters Chinese tech giant Huawei attacked The Wall Street Journal for a reporting detaili.....»»
The Wall Street Journal: NortonLifeLock approached by Intel’s McAfee and private-equity firms
NortonLifeLock Inc., the $16 billion consumer-software company, has attracted deal interest from a handful of companies including rival McAfee LLC, people familiar with the matter say......»»
Chinese investors are sinking cash into Hong Kong"s stock market as protests escalate
Tyrone Siu/Reuters Investors from mainland China bought nearly $20 billion worth of Hong Kong stocks in the months since June, The Wall Street Journal reported. The Chinese buyers are enticed by cheap prices, as antigovern.....»»
The Wall Street Journal: U.S. raked in record $7 billion in tariffs in September, up nearly 60% from previous year
The U.S. collected a record $7 billion in import tariffs in September, fresh figures show, as new duties kicked in on apparel, tools, electronics and other consumer goods from China......»»
The Wall Street Journal: Budweiser’s Asia IPO raises around $5 billion
nheuser-Busch InBev (TICKER:BUD) (TICKER:BE:ABI) SA’s Asian unit, Budweiser Brewing Co. APAC, priced its IPO at 27 Hong Kong dollars a share (US$3.45), the Belgium-listed brewer said Tuesday. That was at the low end of an indicative price range......»»
Report: Vista Equity raises record-breaking $16B fund
Vista Equity Partners is reinforcing its standing as one of the biggest names in private equity. The Wall Street Journal reported Sept. 5 that Vista has raised $16 billion for its latest fund, a record for independent technology buyout funds. The $16.....»»
The Wall Street Journal: China frees up $126 billion for lending with reserve-ratio cut
China’s central bank will unleash roughly 900 billion yuan ($126 billion) into the financial system, in an effort to boost lending as the world’s second-largest economy faces increasing pressure from a trade war with the U.S......»»