$1B Invested on GRAB by TOYOTA, Tech-Sharing Part of Package

The ride-hailing market worldwide can be pretty cutthroat. Much has been said of the travails suffered in Southeast Asia by Uber, the ride-hailing giant. Nigh-invincible on its stateside turf, it found itself outperformed by similar, local companies. These days Southeast Asian ride-hailers tend to rely on Grab, a tech company based in Singapore. They were…

BEIJING INVESTMENT BANK Goes PUBLIC in HK with $1.06B IPO

Bloomberg reports that an investment and brokerage bank, CSC Financial Co. from Beijing, is looking to make a goodly debut as a public firm on the Hong Kong stock exchange, with an initial public offering of $1.06 billion put together with additional financing from one of its initial shareholders. The brokerage, formerly known as China…

CHINESE INVESTORS Cleared to Buy CHICAGO STOCK EXCHANGE

For those who follow business news and related topics, it’s plain to see as day that China and its numerous companies are eager to seize up profitable properties and enterprises throughout the world to expand their global market presence. Just ask the UK Prime Ministers’ pub in London that was snapped up by Chinese investors…