Pei Li

Autonomous driving startup Pony.ai plans to file publicly for an initial public offering in the US as soon as this week, according to people familiar with the situation.

Skadden, Arps, Slate, Meagher & Flom LLP is shuttering its Shanghai office and laid off some staff in the mainland after the law firm’s business was dented by a slowdown in deals amid China’s economic slump.

Baillie Gifford & Co. and Norges Bank Investment Management were among the investors in Horizon Robotics’ $696 million Hong Kong initial public offering, according to people familiar with the matter.

Chery Holding Group Co. has picked China International Capital Corp., GF Securities Co. and Huatai International Ltd. to work on a potential initial public offering of its automotive unit, people familiar with the matter said.

Jiangsu Hengrui Pharmaceuticals Co. is considering a second listing in Hong Kong that could happen as soon as next year, according to people familiar with the situation.

A potential buyout of Hong Kong-listed ESR Group Ltd. is drawing out as shareholders struggle to agree on a price for the company, according to people familiar with the situation.

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Negotiations on the sale of a stake in GLP Pte’s China operations to Guangdong Holdings Ltd. have stalled due to disagreements over deal terms, according to people familiar with the situation.

A Chinese court has agreed to hear a lawsuit filed by a local developer against Apple Inc.’s app store practices, only the second time the iPhone maker has had to defend its decade-old model in the world’s biggest mobile arena.

Abstract SARS-CoV-2 continues to evolve, producing new variants that drive global COVID-19 surges.