The success of this IPO may influence international investment in Chinese enterprises.
Projections show that in 2025 China and India will be the only countries to see more than 10% in annual change.
Fosun could sell as much as a 30% stake.
Haichang plans to develop theme parks, water parks, wildlife parks and family entertainment centers (FECs) in Saudi Arabia.
The travel and experience booking platform has reached overall profitability for the first time since its inauguration.
QEEQ describes the investment as “tens of millions of U.S. dollars” but would not specify the amount.
Speculation that Tencent would unwind some of its vast portfolios has persisted.
Its solutions have been adopted at over one-third of civil airports in China.