Beijing Financial Street is the city's first large-scale financial area. Li Zhan, chief economist at China Merchants Fund, said that under the new delisting mechanism, capital market resources are used more efficiently and effectively, as capital once taken up by less competitive companies is now directed to those with true growth potential. Zheng Yu, a professional at the International School …
On May 12, 2020, billionaire Anil Agarwal announced the intention to take his Indian listed firm Vedanta Ltd private by buying out shares held by the public. The company had said that Agarwal-controlled Vedanta Resources, the promoter of the company, will offer Rs 87.5 per share to nearly 49 per cent public shareholders of Vedanta Ltd to execute the delisting …
