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Rebecca Feng

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    • wsj.com
      3 articles

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    EmbattledChinesePropertyCompanyInternationalDebtDefaultBondCouponPaymentsInvestorsAvertingDebtDefaultCountryGardenHoldings30DayGracePeriod
    • China’s Country Garden Makes Overdue Dollar-Bond Payments, Avoiding Default
      5 Sep 2023—wsj.com
      Embattled Chinese property company Country Garden Holdings made two overdue bond-coupon payments shortly before the end of a 30-day grace period, averting an international debt default that many investors saw as inevitable.
    • Alibaba Is Out of Indian Fintech Giant Paytm With Final, $167 Million Stake Sale
      13 Feb 2023—wsj.com
      Alibaba has sold the last of its shares in the company that owns the Indian mobile-payments business Paytm for about $167 million, closing out an eight-year investment. The connection harks back to a different era, back when investors were exuberant about the prospects of financial-technology startups, and before a worsening of relations between China and India. The Chinese e-commerce giant and its affiliate Ant Group jointly invested in Paytm in 2015, paying more than $500 million for a 40%...
    • China to Halt Stock Trading Briefly on Tuesday to Mark Former Leader’s Death
      5 Dec 2022—wsj.com
      Trading on mainland China’s stock exchanges will be suspended for three minutes at 10 a.m. Beijing time on Tuesday to commemorate the death of former Chinese President Jiang Zemin. A memorial service for Mr. Jiang, who died on Nov. 30 at the age of 96, will be held on the morning of Dec. 6 at Beijing's Great Hall of the People. There is no trading halt planned for stocks listed in Hong Kong, but the city's exchange operator said it will not display trading data on the external screens at its...

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