2016: eLong Becomes Latest Chinese Company to Go Private, Dumped Nasdaq Listing

2016-02-05

Nasdaq Listed eLong Becomes Latest Chinese Company to Go Private, Dumps the Nasdaq Listing In 2006, eLong has announced plans to delist from the Nasdaq. Cash deal values the company at $661 million Chinese mobile and online travel service provider eLong Inc. on Wednesday said it agreed to be taken private by its parent China E-dragon Holdings Ltd. […]

Focus Media Holdings Successfully Exited the NASDAQ Stock Market In a Record $3.8 Billion Acquisition

2013-05-30

Focus Media Holdings Successfully Exited the NASDAQ Stock Market In a Record $3.8 Billion Acquisition In May 2013, China’s largest display advertising company Focus Media Holdings (Nasdaq: FMCN) has successfully exited the NASDAQ Stock Market in a $3.8 billion acquisition advised by JP Morgan. The buyout is the largest China based company in history that […]

Going Private, New York Global Group Congratulates China Fire & Security Group, Inc. on the US$265 Million Merger Acquisition, Returning 227% to U.S. Investors

2011-11-10

New York Global Group (“NYGG”), a leading Asia focused private equity and corporate advisory firm congratulates China Fire & Security Group, Inc. (NASDAQ: CFSG) on its successful US$265 million merger acquisition at US$9 per share led by Bain Capital, a global private equity firm. China Fire & Security follows the recent successful “going private” acquisition […]

New York Global Group Congratulates Harbin Electric, Inc. on the Completion ofIts US$800 Million Merger Acquisition, Returning 1200% to U.S. Investors

2011-11-03

New York Global Group Congratulates Harbin Electric, Inc. on the Completion ofIts US$800 Million Merger Acquisition, Returning 1200% to U.S. Investors. New York Global Group, Inc., a leading Asia focused  private equity and corporate advisory firm congratulates one of its portfolio companies, Harbin Electric, Inc. (NASDAQ: HRBN) on its successful US$800 million merger acquisition with Tech Full Electric […]

Management expert Benjamin Wey – Top 10 Tips For Entrepreneurs

2011-07-29

When I came to the United States from China over 20 years ago, I was determined to live the American Dream. This drove me through the ups-and-downs that life as an entrepreneur brought me. While there is no guidebook to guarantee success as an entrepreneur, I hope these tips below can help you along the […]

Analysts Debate Whether Japan’s Bottleneck Could Benefit Chinese Suppliers

2011-07-07

As the global automotive industry copes with the effect of the supply-chain disruption caused by Japan’s devastating March 11 earthquake, analysts debate whether Chinese suppliers could fill the gap. Expert may shed some light. “It’s no doubt a disaster for Japan, but a great opportunity for the Chinese,” says Benjamin Wey, president of the New […]

Rising Yuan a Risk to China Stability, Says Benjamin Wey: Weekend Interview

2011-06-03

As China plays an increasingly large role in world economics, its position in such entities as the International Monetary Fund (IMF) and global markets means its financial and political health are more important than ever to both its trade partners and financial institutions across the world. China’s currency, the yuan, is at a record high […]