The Chinese car dealer decides to sell a smaller portion of its enlarged share capital at this time, believing that the stock will command a higher valuation in the long term, sources say.
The government's sell-down in the country's largest iron ore miner will boost the free-float to 10%, but valuation multiples suggest it could be a tough sell.
John Liptak takes on a new role as Citi’s head of Asia-Pacific distressed and special situations after only nine months with Tribridge Investment Partners.
A specialist credit training company with over 20 years experience offering courses in Asia Pacific, EMEA and North America. We are part of Fitch Solutions, the product and services arm of the Fitch Group, which includes Fitch Ratings. Fitch Training offers credit risk and corporate finance courses in five main areas:
