News Snapshot:
Click here to read the full article. Chinese media group CMC Inc. is being readied for a share listing in Hong Kong. As its founder Li Ruigang is one of the best-connected media entrepreneurs in Asia, what exactly goes into that mix will have resonance in Hollywood and China. “We are now considering a listing of CMC Inc in the next two years,” Li told the South China Morning Post last week. “We will float our core businesses, but probably not all of the assets. After evaluating our businesses and different capital markets, it is highly likely that we will...
