New World Development advances Shanghai C-REIT spin-off
The Hong Kong developer wants to use proceeds of over Rmb3bn from listing its Shanghai K11 properties to improve liquidity and reduce leverage.
September 22, 2026
A star-studded consortium involving Softbank, Alphabet, and Tencent is set to invest $1.9 billion in truck-hailing platform Manbang Group, marking the Chinese logistics sector's second billion-dollar private fundraising in three months.
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