Air China to raise up to 6 bn yuan in private placement to purchase airplanes, boosting working capital >>>
Chinese clothing producer Shenzhou International tumble after its customer Nike lowered sales outlook, unveiled cost cut plan >>>
Chinese property developer Powerlong surges in Hong Kong after reaching offshore debt restructuring deal >>>
Fitch downgrade Dalian Wanda’s long-term foreign-currency issuer default raging to Restricted Default >>>
Alibaba’s frequent management changes not welcomed by market; setup of asset management company signals faster non-core asset disposal – JPMorgan >>>>
CICC slashed Country Garden Services’ 2023 net profit by 89%, target price by 19%after impairment provisions >>>
