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PUFG
PUFG
NEWS
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Approval marks a substantial step forward in the rehabilitation of the once high-flying conglomerate, as it works to crawl out from the heap of debt it amassed during a wild expansion spree
Jul.6 2021 19:39 PM
company-info
The lack of safety standards in China’s cross-country running world is under scrutiny. Huawei vows it won’t make cars or invest in automakers
May.26 2021 09:15 AM
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Creditors of Peking University Founder Group will meet by the end of May to vote on a restructuring that will see Ping An Insurance lead a takeover of a portfolio of attractive businesses and jettison a rump of worthless assets
May.25 2021 20:25 PM
company-info
Nearly 1.1 billion shares in Founder Securities owned by Guo’s Beijing Zenith to be sold as part of ongoing disposal of tycoon’s assets
May.21 2021 20:29 PM
company-info
Canada's opposition parties urge Trudeau to ban Huawei from the country's 5G network. Plus, a Chinese video giant is targeted by a short seller
Nov.20 2020 09:20 AM
company-info
Peking University Founder Group will merge with a handful of subsidiaries as it looks to deal with billions in debt
Nov.19 2020 20:31 PM
company-info
Action may reflect concern that brokerage could funnel proceeds to bankrupt parent Founder Group, people close to Founder Securities say
Nov.4 2020 04:57 AM
company-info
Bankruptcy administrator whittles list of candidates down to four as part of restructuring plan to repay massive debts
Sep.17 2020 20:59 PM
company-info
The money-losing state-owned firm has $5 billion of bond obligations coming due before year-end
Sep.14 2020 19:39 PM
company-info
Strong investor demand for Yum China's secondary listing in Hong Kong. Plus, Beyond Meat is to begin production in China.
Sep.10 2020 09:20 AM
company-info
Decision raises questions about whether creditors can rely on companies to pay back bonds issued by their subsidiaries, even when they’ve said they would
Sep.9 2020 19:52 PM