Hong Kong-based casino and hotel developer Louis XIII Holdings says that Ontario Teachers’ Pension Plan (OTPP) has invested HK$299.9 million ($38.7 million) in the company through a zero-coupon convertible bond issue. According to a regulatory filing, the bonds will convert into 36.45 million shares at HK$8.23 apiece, a discount of 15.15% versus the previously closing […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.