Crossfiled1 outlets · first filed 1 hour ago
Why Haidilao’s US$14.9 million credit line to founder is fuelling China tax speculation
Haidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust ta
How it broke
1 hour ago
South China Morning PostFirst
Why Haidilao’s US$14.9 million credit line to founder is fuelling China tax speculation
South China Morning Post
Get the 5 stories every outlet is covering, every morning. Free.
One email a day. Unsubscribe in one click. We host no journalism and never sell your address.
More on World & War
- Trump claims Russia and Ukraine agree to energy ceasefire 16 outlets
- Saudi Arabia further suspends flights after latest deadly Houthi attack on airport 15 outlets
- Zelensky unleashes on Trump over Russia diesel deal 13 outlets
- It is inconceivable to think Russia did not try to interfere in Brexit vote, says PM 3 outlets
- Ukraine’s drones knock out AI data center belonging to "Russia’s Google" 2 outlets
- China, Russia deepen maritime and Arctic logistics ties to secure energy supply 1 outlets