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  • Forbes2 years ago

    Tourism Stock Soars On China Billionaire Shi Yuzhu's Giant Relisting Plan

    Shares in Chongqing New Century Cruise, the tourism company that said last month it would buy Chinese billionaire Shi Yuzhu’s online game business Giant Interactive in an all-stock purchase worth $2.1 billion, soared by their 10% daily limit for a third consecutive day on Friday following the resumption of trade at

  • Forbes2 years ago

    Storied China Investor Nears New Milestone As Giant Interactive Relisting Advances

    The China backdoor listing of Giant Interactive Group, which delisted from the New York Stock Exchange last year, has advanced in the past week with the announcement of more details about what would be the latest milestone by one of the country’s most storied investors. Shenzhen-listed Chongqing New Century Cruise said on Oct.

  • Reuters2 years ago

    Islamic State's Egyptian ally says it beheads Croat - SITE

    CAIRO/ZAGREB, Aug 12 (Reuters) - An Egyptian group allied to Islamic State has published a photograph it said showed the beheaded body of a Croatian hostage it threatened to kill last week, the SITE monitoring service said on Wednesday. Croatian Prime Minister Zoran Milanovic said authorities were examining the image.