2014.1
State Grid buys chunk of HK Electric’s IPO
Government-owned State Grid Corp of China is coming in as the biggest cornerstone investor in a Hong Kong initial public offering (IPO) worth up to $5.7 billion by Li Ka-shing-backed HK Electric Investments, people familiar with the matter told Reuters.
China’s Fuyao Glass to invest $200 mln in Ohio plant
China’s largest automotive glass supplier Fuyao Glass Industry Co will invest $200 million to set up a manufacturing facility at General Motors’ former assembly plant in Ohio.