Chery enters the Fortune Global 500 for the first time.

The attack is fierce.

wallstreetcnAug 5 09:19 ET

Why is Fosun Pharma privatizing Henlius at this time? | Jianzhi Research

The suspension of Henlius stocks has finally been resolved, consistent with previous market rumors: Fosun Pharma will privatize Henlius for delisting, with a privatization valuation of approximately RMB 12.4 billion. Fosun Pharma's bid for each share of Henlius is HKD 24.60, a premium of 30.6% over its pre-suspension closing price. Based on last year's net profit of CNY 546 million for Henlius, this privatization has a PE ratio of approximately 23 times. The total transaction is HKD 5.4 billion, which will use no more than HKD 3.7 billion in acquisition loans. Henlius has a total share capital of 543.5 million shares, including 163.4 million H shares and 380.1 million non-listed shares. The tenderer in this case is Fosun.

wallstreetcnJun 25 03:26 ET

Is the “top automotive company” about to fall from its throne?

After 18 years of being the leader of domestic auto companies, SAIC Motor Corporation's throne is about to be challenged. Recently, the sales figures for May have been released by automakers, with SAIC Motor Corporation holding the top spot with wholesale sales of 332,000 vehicles. However, the challengers are already at the doorstep, with BYD Company Limited following closely behind with a slight gap (330,500 vehicles). This new energy 'tyrant' is still attacking fiercely, and institutions predict that it is likely to surpass SAIC Motor Corporation in many aspects in the second quarter. A new king is about to be born, and the history of the domestic auto industry dominated by joint ventures will be rewritten, leaving little room for SAIC to retreat. However, SAIC Motor Corporation is not willing to accept this. Since last year, this top automaker has been hitting the accelerator.

wallstreetcnJun 15 20:40 ET

Rbob gasoline supercar launches counterattack.

Author: Chai Xuchen Editor: Zhou Zhiyu. Faced with the trend of new energy electrification and the loss of market share under the price war, joint venture car companies have “renewed” their famous “miracle cars” and tried to make a strong counterattack. On May 30th, SAIC Volkswagen launched the Tiguan L Pro, which has been preheated for nearly two months. The event also invited responsible persons from DJI Car, Tencent Travel, and Iflytek Co., Ltd to demonstrate their strength in intelligent driving and cabin. As the “meritorious model” of SAIC Volkswagen, the Tiguan has been almost a representative of Volkswagen SUVs in the past 15 years.

wallstreetcnJun 4 01:15 ET

Report: Fosun Pharmaceuticals Considers Privatizing Hong Kong Stock Holding Subsidiary Fu Hong Han Lin

On Monday, according to media reports quoting people familiar with the matter, Fosun Pharmaceutical is considering a privatization acquisition of Fuhong Hanlin, which is listed on the Hong Kong stock market. People familiar with the matter said that Fosun Pharmaceuticals is cooperating with a consulting agency on a potential privatization offer plan, and other investors may also join the deal. Fuhong Hanlin is a holding subsidiary of Fosun Pharmaceutical. Fosun Pharmaceutical holds 53.61% of Fuhong Hanlin's total share capital. Since May 23, Fu Hong Hanlin has suspended trading on the Hong Kong Stock Exchange pending the announcement of the merger and acquisition. Negotiations are still ongoing, and it remains to be seen whether a deal will actually be reached in the future.

wallstreetcnMay 29 09:12 ET

“MPV Brother” joins the new energy battle

Reclaim lost ground.

wallstreetcnApr 26 08:45 ET