Search results for “loan”
Jin Jiang Hotels secures RMB 4.92 billion loan for overseas acquisitions
02/26/2016|10:58:35 AM|
Jin Jiang Hotels has been granted a loan of RMB 4.92 billion by the Export-Import Bank of China’s branch in Shanghai as the travel company is planning further acquisitions overseas.
Alipay and WeChat Pay could be affected by PBOC’s QR code standards
12/28/2017|9:06:38 AM|
China’s central bank, the People’s Bank of China, has announced plans to regulate the country’s QR code payment system to tackle risks and its limited competition.
UCAR looks to take on Didi with inclusive car services
12/19/2017|9:27:35 AM|
Beijing-based UCAR Inc is setting up a comprehensive car service platform as part of a strategic upgrade, hoping to better compete with other market leaders such as Didi Chuxing.
Phocuswright announces next generation of travel innovators
11/09/2017|6:09:08 PM|
At this year's conference, 34 travel startups offered innovative applications and solutions on payment, disruption, destination services, loyalty, ancillary and more.
China Lodging offers $425m convertible notes, partly for minority investment
10/27/2017|12:23:56 PM|
Hotel giant plans to raise $425 million through convertible senior notes, partly to repay loans borrowed to "make investments in minority equity interests" in industry-related or complementary businesses.
Alibaba to invest in hotel and retail firm Oriental Group
10/25/2017|3:55:57 PM|
Oriental Group recently announced plans to raise RMB 141 million by issuing 27.53 million shares priced at RMB 5.14 per share to investors including Alibaba Group.
Refinancing looms for HNA's Hong Kong projects
09/14/2017|11:23:12 AM|
HNA needs to refinance the short-term loans it used for its purchases, which start coming due in November, and to actually build the towers that will lure high-end buyers and start generating money.
China's Cindat is said to join $660 million QHotels purchase
09/18/2017|1:54:35 PM|
China’s Cindat Capital Management is joining an acquisition of QHotels Group valuing the U.K. hospitality company at more than 500 million pounds ($660 million), people with knowledge of the matter said.
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