The group said it would use funds to form a decentralised autonomous organisation to build the community around play-to-earn games
A senior executive said the company does not intend to halt investments but will instead handle them through its existing divisions
Once touted as the biggest challenger to Starbucks’ dominance in China, Luckin was delisted from the Nasdaq exchange in June 2020
'Profound' green policies have been adopted around the world for net-zero transitions, while recent reforms to China’s financial markets have begun to shift global markets towards Asia
The deal means the Richard Li-backed group has raised $1.6 billion in the past month after the company ditched its US listing plans
Genting Hong Kong is majority controlled by Malaysian tycoon Lim Kok Thay, whose conglomerate owns casinos in UK and Southeast Asia
Asia's share markets were down on Tuesday as two-year US Treasury yields topped 1% for the first time in almost two years, but positive news helped lift property stocks and bonds in China
Aquila Acquisition Corporation applied to list in Hong Kong, the first company to do so since new SPAC rules took effect this year
CSRC outlines seven priorities for its work in 2022, including healthy development of the capital market and a registration-based IPO system
China Evergrande reached a deal with bondholders to delay redemption and coupon payments for a 4.5 billion yuan ($707.52 million) bond
The lender can now support Qualified Foreign Institutional Investors, who have direct access to A-shares denominated in yuan on Chinese stock exchanges
The Chicago-based FairX lists futures contracts that track markets, including stock indices and oil. Its contracts are cleared by Nodal Clear, which is controlled by Deutsche Börse