Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that on October 16 it will issue short-term bonds worth a total of RMB 1 billion ($0.16 billion) for a term of 365 days. This will be the steel ...
Tags: Anyang Steel, Short-Term Bonds
On December 23, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that it has issued 706.7 million non-public shares to raise a total of RMB 1.999 billion ...
Tags: steel, metallurgy
When a Chinese engineering firm sets off to build a road or a dam in a distant country, a Chinese bank is usually not far behind them. Bank branches bearing Chinese characters can be found on the streets of Lima and Warsaw, as well as Paris ...
China Construction Bank (CCB, SHSE: 601939, and SEHK: 0939), the biggest real estate and mortgage lender in the Chinese mainland, will control a 72 percent stake in Brazil-based Banco Industrial e Commercial S.A. (BIC). It said in the ...
Leading Chinese insulin producer Gan & Lee Pharmaceuticals is brought under the limelight due to a bribery scandal. People in the know disclosed in an interview on September 9 that it was established in Beijing in 1998 and as the sole ...
The Belgian Competition Council said in a statement late on Friday that CBR, part of HeidelbergCement Group, CCB, a unit of Italcementi, and Holcim Belgium colluded with the Belgian cement association FEBELCEM and the national centre for ...
Tags: Construction, Decoration
On May 13, Shandong Province-based Chinese steelmaker Shandong Iron and Steel Group Co. announced that it is planning its second issue of medium-term notes for the current year, with the notes in question valued at RMB 3 billion ($487.8 ...
Tags: Shandong Steel Group, Mineral
Chinese banks fuel expansion overseas in succession due to a profit slowdown rooted from the domestic economic downturn. For an example, Bank of Communications (BoCom, SEHK: 3328 and SHSE: 601328), the fifth-biggest commercial lender ...
Tags: economy, China Banks, Fueling Expansion
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
Taipei,Sept.17,2012(CENS)--China Construction Bank(CCB),second-largest bank globally in 2011 by market capitalization,may soon be the third Chinese bank to run branch in Taiwan after two other Chinese banks--Bank of China and Bank of ...
Tags: Ccb, 3rd Chinese Bank, Branch in Taiwan
Zoomlion Heavy Industry Science & Technology Co. Said slower expansion in China's demand for cranes and excavators will carry on next year because of waning economic growth and cutbacks in railway building. "Demand for construction ...