7 articles
Syngenta targets a valuation of at least $66 billion for its planned Hong Kong IPO, expected early next year. Investment banks are pitching multiples of 15 to 20 times 2026 EBITDA for the Swiss-Chines
Syngenta has postponed its planned $5 billion Hong Kong IPO until around 2027 due to disruptions in crop and fertilizer markets linked to the Middle East war. The Sinochem-controlled firm cited broade
Pirelli unveiled a $1.2 billion U.S. expansion plan for tire production, including Cyber Tyres, following Italian government intervention to curb Chinese investor Sinochem's influence.
Pirelli shareholders approved a new board dominated by Italian investor Camfin, reducing Chinese state-owned group Sinochem's influence amid government restrictions. CEO Andrea Casaluci is expected to
South Korean and Chinese supertankers carrying Middle Eastern crude attempted to transit the Strait of Hormuz, signaling a surge in oil flows since the regional conflict began. Operated by major firms
Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz after a two-month wait. Charters by Sinopec and Sinochem indicate deliveries to southern and ea
China's Sinochem announced it may lodge a legal appeal against Italy's government curbs limiting its influence over tyre maker Pirelli, where it holds a 34% stake. The company expressed deep regret an
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