# China M&A
Latest news and articles about China M&A
Total: 2 articles found
From Foil to Fiber: Listed Dongyangguang Moves to Fold a RMB 280bn Data‑centre Asset into Its Public Shell
Dongyangguang has moved to acquire control of the vehicle that holds Qinhuai Data’s China business — a RMB 280 billion asset the group helped buy in 2025 — by issuing shares and raising funds. The transaction would bring a top‑tier data‑centre operator into the listed company but raises questions about financing, leverage and governance given Dongyangguang’s heavy borrowings and high shareholder pledge ratios.
The Cash‑Wall Tycoon: How Fang Wei’s New‑Year Bonuses Burnish a Brand — and Mask Financial Strain
Fangda Group’s flamboyant year‑end ‘cash wall’ has become a viral symbol of corporate generosity in China, coinciding with chairman Fang Wei’s rise to become Liaoning’s richest person. The payouts and public spectacles bolster employee morale and brand image but obscure a heavily leveraged corporate structure and acquisition setbacks that increase financial risk.