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McDonald's operation both in China and Hong Kong could be worth as much as $3 billion.

McDonald's Gets 3 Final Bids for China and Hong Kong Outlets

Ellie Froilan   | Sep 17, 2016 07:57 AM EDT

McDonald’s Corp has received three final bids from Carlyle Group (CG), Chinese state conglomerate CITIC Group, and TPG Capital for its China and Hong Kong outlets.

CITIC Group

CITIC Group Creates CITIC Industrial Cloud as Big Data, Cloud Service Subsidiary

Phenny Lynn Palec   | Sep 07, 2016 12:30 PM EDT

CITIC Group, a state-owned Chinese conglomerate, has announced its entry into the cloud and big data market.

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