Zheshang has secured $ 963 million in commitments from cornerstone investors including Alipay (Hong Kong) Investment, part of Ant Financial Services Group, the financial services affiliate of Chinese e-commerce group Alibaba, IFR reported. (breakingviews.com)
Shares in VDM Group were up 125 per cent on news it had attracted a new cornerstone investor for an $ 18 million capital raising, highlighting the company's planned shift from construction to mining. (businessnews.com.au)
Bank of Tianjin has secured commitments worth $ 560 million from cornerstone investors including China State Shipbuilding Corp, IFR reported. (breakingviews.com)