Huixing expects to give Mayer & Cie a new lease of life amid an industry hemmed in by Chinese rivals.
The developer’s 21.4% stake may become one of its clearest sources of valuation support and liquidity.
The USD 2.5 trillion plan to address population growth comes with demolitions and relocations.
The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.
With restructuring complete and industrial investors joining its cap table, StepFun is moving closer to a public market debut.
