SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk - THE EDGE SINGAPORE

Company in the news

SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk

The parent company of SunMoon Food’s controlling shareholder has been put under voluntary bankruptcy reorganisation.


Funds pounce on Chinese tech selloff

Friday’s attack by President Donald Trump on WeChat may have pushed many investors to offload Asia’s technology shares. But for some, the selloff has presented a good buying opportunity.

Equity raising

Alibaba Health raises $1.78 billion in Hong Kong's biggest secondary share sale in 5 years

Chinese healthcare services firm Alibaba Health Information Technology (0241.HK) has raised nearly US$1.3 billion ($1.78 billion) in Hong Kong’s largest follow-on share sale in five years, accordin


Top fund manager hunts for next Alibaba in Southeast Asia

SooHai Lim is bullish on e-commerce in Southeast Asia, so much so that he sees the region coming up with its own version of Alibaba Group Holding Ltd.


The tech behind China's new digital currency

SINGAPORE (July 17): Besides the absence of a central authority, another attractive attribute of blockchain-based cryptocurrencies is the speculative element where prices go through big, frequent s


Global financial watchdogs take aim at Big Tech's data dominance

(Dec 9): Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Disruption and Digitalisation

CapitaLand launches new retail concept store at Plaza Singapura

SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital e

US-China trade war

Alibaba's Jack Ma says can't meet promise to create 1 million US jobs

SAN FRANCISCO (Sept 20): Alibaba Chairman Jack Ma said the company can no longer meet its promise to create one million jobs in the United States due to US-China trade tensions, Chinese news agency


Chinese investors can help cut trade deficit, says Mahathir

(Aug 19): Chinese investors can help reduce the country’s trade deficit with Malaysia, the Southeast Asian nation’s prime minister said in Beijing on Sunday at an event alongside Alibaba Chairman J