China's petrochemical industry gained CNY 6.6 trillion main business incomes and CNY 221 billion profits in the first seven months, up 9.9% and 43% year on year. Crude oil China processed in the first eight months was 317.16 million tons, ...
Tags: Metallurgy, Mineral, Energy, Petrochemical
Homegrown Chinese mobile phone makers have seen a high-end chip supply shortage become a big obstacle on their expansion way. Gu Wenjun, a senior analyst with iSuppli, said in an interview recently that China imported USD 192 billion ...
Tags: Smartphone, Chip
Everbright Bank (SHSE: 601818) was agreed by China Banking Regulatory Commission to issue not more than CNY 16.2 billion tier 2 bonds, which still needs to be approved by China's central bank.
Tags: Everbright Bank, economy
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
China will adopt the principle that polluters pay and large oil consumers assume more in the quality upgrade of finished oil, according to the policy issued by the National Development and Reform Commission (NDRC) on September 23. Upgrade ...
Tags: Metallurgy, Mineral, Energy, oil
Agricultural Development Bank of China (ADBC) will issue not more than CNY 10 billion three-year financial bonds via a Dutch tender on September 25, the 23rd-term such bonds in 2013. The interests will be paid on an annual basis and will ...
Tags: economy, Service, Agricultural Development Bank, bank
Kao Corp. (4452.T), the biggest maker of toiletries in Japan, has been laid far behind by US consumer goods giant Procter & Gamble (P&G) in the Chinese mainland. It entered the market in August 1993, but always suffered a loss-making ...
Tags: consumer goods, Light Industry, Daily Use
US consumer technology giant Apple Inc. (NASDAQ: AAPL) saw share price drop 3.18 percent to close at USD 450.12 on September 16 due to poor performance of new smartphone products in the Chinese mainland. It for the first time held a press ...
Li Ka-shing, the richest person in China, said on September 17 that he would not withdraw capital from the Hong Kong market. Cheung Kong (Holdings) Ltd. (SEHK: 0001) and Hutchinson Whampoa Ltd. (SEHK: 0013), two listed firms controlled ...
Qingdao Hanhe Cable announces that it plans to spend CNY 28.63 million own capital taking over 100% equities that Qingdao Hanhe Group, controlling shareholder, holds in Qingdao Hanhe Electrical Engineering so as to further optimize business ...
Pony Ma, aged 42, outpaced Robin Li to become the richest entrepreneur in the IT industry with wealth of CNY 56 billion, while Li ranked number two with CNY 46 billion, according to 2013 Hurun Rich List. Ten magnates on the IT rich list ...
Tags: IT Entrepreneur, software, IT
New-generation smart phones of Apple iPhone 5S and iPhone 5C began to be on sale in China from September 20, being sold through retail shops of Apple, outlets of China Telecom Corporation Ltd. (NYSE: CHA and SEHK: 0728) and China Unicom ...
Tags: Consumer Electronics, iPhone, Apple
China is said to be weighing a plan to allow local governments to issue local treasury bonds. Sources said recently that the Ministry of Finance (MoF) planned to allow local governments to issue local treasury bonds, an effort to ease ...
Tags: local treasury bonds, economy
Shenzhen City completed cross-border trade settled in renminbi of CNY 518.303 billion by August 31, 2013. The Shenzhen branch of Bank of China continued to maintain a leader by completing cross-border trade settled in renminbi of CNY ...
Tags: trade economy, economy
Yango Group (SZSE: 000671) its subsidiary Shanghai Fuliteng Real Estate (transliterated) and third party Fuzhou Xinyibo Investment Company (transliterated) co-spent CNY 2.547 billion winning a plot of land in Xinshi Town, Chuansha, Pudong ...
Tags: Real Estate, Construction