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Qihoo 360 to Backdoor List in China at RMB 50 Bln Valuation

SJEC, 11/03/17

Chinese internet services and security software provider Qihoo 360 will complete a backdoor A-shares listing in China through Jiangnan-based SJEC Corporation (601313.SH), at a valuation of RMB 50.416 bln, according to a restructuring plan released recently by SJEC. Read More

Update: CSRC Approves Shunrong Acquisition of Sanqiwan

Shunrong, 12/03/14

Wuhu-based automobile components manufacturer Shunrong Automobile (002555.SZ) has announced that the China Securities Regulatory Commission (CSRC) has authorized it to issue new shares as part of the firm's acquisition of Shanghai-based online game developer and operator Sanqiwan Network Technology. Read More