Move represents one of the largest shareholder-reward programmes
'MG Motor India has yet to finalise how much money it plans to raise, which will depend on the valuation of the Indian business and its growth plans'
The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending
That's the designation for a new generation of start-ups that have been selected under an ambitious government program aimed at fostering a technology industry that can compete with Silicon Valley
Chinese firms have raised about $12.8 billion in US listings in 2021, according to Refinitiv data
Shares of the e-commerce giant advanced as much as 12% on Tuesday
China's commodities market had been volatile this year amid the uneven global economic recovery, easing liquidity and speculation
The country's tech watchdog wants management to take the company off the New York Stock Exchange because of concerns about leakage of sensitive data, sources said
The Shenzhen-based developer has the most offshore debt coming due over the next year of any Chinese developer after embattled China Evergrande Group
Evergrande narrowly avoided a catastrophic default for the second time in a week on Friday, making a last-minute payment on an overdue dollar bond coupon
China has already submitted updated climate targets to the United Nations as a new round of climate change talks gets under way in Glasgow.
The liquidity crisis at Evergrande, which has $300 billion in debt and has missed a series in bond payments, has roiled global markets.
Concerns are growing that the cash crunch at Evergrande is spilling over to other developers
Global shoppers face possible shortages of smartphones and other goods ahead of Christmas
The EV unit is a relatively small part of Evergrande's sprawling empire, but is primarily reliant on residential apartment sales.
This follows Beijing's move to rein in gaming-related businesses and corporate expansion via deals, they said.
Carrying $305 billion in liabilities, China's second biggest property developer inched closer to a potential default on Friday by missing the deadline on an interest payment.
Evergrande missed a dollar bond interest payment deadline this week, moving closing to a potential default.
Union minister Nitin Gadkari has said that Chinese companies have not made investments in highway projects in India in recent times.
The firm has begun repaying investors in its wealth management products with real estate