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Equity Bottom-Up

China CSSC Holdings Ltd A / Equity Bottom-Up

<ul><li><strong>China State Shipbuilding Corp. Ltd. (CSSC) </strong>and <strong>China Shipbuilding Industry Corp. (CSIC) </strong>on Wednesday announced a stock exchange proposal in their merger deal.</li><li>Analysts said the proposed exchange terms are not favorable for shareholders of China Shipbuilding Industry.</li><li>The two largest state-owned shipbuilding conglomerates determined the exchange ratio at 0.1335 shares of CSSC for each share of CSIC.</li></ul>

China State Shipbuilding Corp. Ltd. (CSSC) and China Shipbuilding Industry Corp. (CSIC) on Wednesday announced a stock exchange proposal in their merger deal.Analysts said the proposed exchange terms are not favorable for shareholders of China Shipbuilding Industry.The two largest state-owned shipbuilding conglomerates determined the exchange ratio at 0.1335 shares of CSSC for each share of CSIC.

China’s Two Largest Shipbuilders Set Stock Swap Terms For $38 Billion Merger 

Cross Asset Strategy

<ul><li>Punishment / In Depth: Punishing people for their relatives’ crimes comes under scrutiny in China Legal experts in China are pushing to reform a longstanding practice that can cause law-abiding citizens to lose their shot at joining the civil service, getting into certain university programs or the military if they happen to be related to a convicted criminal.</li><li>The reform push has the potential to curtail the practice — known as collective punishment — that has been criticized for violating basic legal norms and putting a large proportion of China’s population at risk of being punished for the actions of another.</li><li>FINANCE &amp; ECONOMY PwC / PwC Hong Kong next in firing line over Evergrande scandal Penalties and lawsuits loom over PricewaterhouseCoopers’ (PwC) Hong Kong affiliate after China slapped its mainland counterpart with a record penalty last week for its fraudulent accounting for Hengda Real Estate Group Co.</li></ul>

Punishment / In Depth: Punishing people for their relatives’ crimes comes under scrutiny in China Legal experts in China are pushing to reform a longstanding practice that can cause law-abiding citizens to lose their shot at joining the civil service, getting into certain university programs or the military if they happen to be related to a convicted criminal.The reform push has the potential to curtail the practice — known as collective punishment — that has been criticized for violating basic legal norms and putting a large proportion of China’s population at risk of being punished for the actions of another.FINANCE &amp; ECONOMY PwC / PwC Hong Kong next in firing line over Evergrande scandal Penalties and lawsuits loom over PricewaterhouseCoopers’ (PwC) Hong Kong affiliate after China slapped its mainland counterpart with a record penalty last week for its fraudulent accounting for Hengda Real Estate Group Co.

CX Daily: Punishing People for Their Relatives’ Crimes Comes Under Scrutiny in China 

China

China CSSC Holdings Ltd. offers shipbuilding, ship components, ship repairing and diesel engines manufacturing. The Company distributes its products within the domestic market and to overseas markets.

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China CSSC Holdings Ltd A (600150 CH)

China’s Two Largest Shipbuilders Set Stock Swap Terms For $38 Billion Merger

China State Shipbuilding Corp. Ltd. (CSSC) and China Shipbuilding Industry Corp. (CSIC) on Wednesday announced a stock exchange proposal in their...

Caixin Global

CX Daily: Punishing People for Their Relatives’ Crimes Comes Under Scrutiny in China

Punishment / In Depth: Punishing people for their relatives’ crimes comes under scrutiny in China Legal experts in China are pushing to reform a...

Caixin Global

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