Industry & Market
Industry & Market
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SAS Expects Its Solar Business to Reach Breakeven and May Obtain Profits in The Q2
May 13, 2013Taiwan-based solar wafer maker Sino-American Silicon (SAS) expects its solar business to reach breakeven and may obtain profits in the second quarter as market conditions have been improving. Doris Hsu, president of SAS, stated that since ...
Tags: SAS, Solar Business
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Sogou Denies Wholly Acquired by Qihoo 360 Technology and Has Reached Cooperative Framework
May 12, 2013Media reports said that Qihoo 360 Technology Co., Ltd (NYSE: QIHU) planned to wholly acquire Sogou and has reached cooperative framework. The news aroused wide attention but was immediately denied by CEO of the acquisition target. In ...
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2 China Firms to Debut on the Stock Exchange of Hong Kong
May 11, 2013Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering
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Affected by The Chilean Port Strike Chinese Copper Imports Down
May 10, 2013Due to port strike in Chile and India's main casting factory shut down, lead to transport delay, as a result, China's copper imports fell 7.4% in April 2013, to the lowest level in nearly 22 months. According to China's general ...
Tags: copper, Metallurgy, Mineral, Energy
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China Is Launching an Anti-Dumping Investigation Into Seamless Steel Pipes
May 10, 2013According to the announcement released by Chinese Ministry of Commerce today, China starts to launch an anti-dumping investigation into seamless alloy steel pipes imported from Europe, Japan & America. Chinese domestic industry launches ...
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China's First Inter-Provincial Rail Train From Shanghai to Kunshan City
May 10, 2013China's first inter-provincial rail train from Shanghai to Kunshan City, Jiangsu Province completed the no-load trial operation. It will only cost 40 minutes from Huaqiao, Kunshan to Shanghai West Railway Station after the formal ...
Tags: Rail Train, service
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Huawei Technologies Have Had No Network Built in The Us
May 10, 2013Huawei Technologies Founder Ren Zhengfei responded to doubts over the network security in the US when talking about the future development plans of the company in New Zealand. He pointed out that Huawei Technologies have had no network ...
Tags: huawei, Network Security
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MAN Diesel&Turbo May 9 Puts The Primeserv, a New Service Center, Into Business in Shanghai
May 10, 2013MAN Diesel & Turbo May 9 puts the PrimeServ, a new service center, into business in Shanghai, which is three times that of earlier center. The company has a plant in Changzhou, producing compressors, turbine motors, gear systems, ...
Tags: MAN Diesel, Diesel
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China's Social Insurance Fund Was Budgeted to Record Incomes of CNY3.2829 Trillion
May 10, 2013China's social insurance fund was budgeted to record incomes of CNY 3.2829 trillion in 2013, growing 9.9% over a year earlier, according to the Ministry of Finance. Premium income will hit CNY 2.4664 trillion; financial subsidies will be ...
Tags: Social Insurance, Insurance
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19 Chinese Property Insurance Firms Suffered a Loss in Auto Insurance Business Last Year.
May 10, 201319 out of the 30 Chinese property insurance firms suffered a loss in auto insurance business last year. The four foreign-invested property insurers on the Top 5 premium revenue gainers list in the country all incurred a loss in auto ...
Tags: Service, Auto Insurance, Insurance
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Roche Group Recently Declared Cooperation with Ascletis in Joint Developing Danoprevir
May 10, 2013Roche Group recently declared cooperation with Ascletis in joint developing Danoprevir that is used for curing Hepatitis C, marking beginning of cooperative research and development, production and sale of new drugs in China with local ...
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Taiwan and Hong Kong May Be Only The Beginning of Xiaomi's Expansion Outside China
May 10, 2013Taiwan and Hong Kong may be only the beginning of Xiaomi's expansion outside China. The popular Chinese vendor of low-priced handsets is aiming at getting into five more markets next year. "This year, we will only do Hong Kong and ...
Tags: Computer Products, xiaomi, Phone
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Amazon China Said That Its South China Operational Center Will Settle Down in Guangzhou
May 10, 2013Amazon China said that its South China Operational Center will settle down in Talent Valley of Guangzhou. Board chairman of South Logistics Group Co., Ltd., operator of Talent Valley, revealed that the operational center is the first and so ...
Tags: service, webservice
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Suntech Power Holdings Owed Nine Banks a Total of CNY7.1 Billion
May 10, 2013Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
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Baosteel Wins "2012 China Charity Award Most Charitable Enterprise"
May 10, 2013The 8th China Charity Award results are announced recently. Baosteel wins "2012 China Charity Award ? most charitable enterprise". This is the fifth time that Baosteel is awarded "China Charity Award" and the second time that it is rated ...
Tags: Baosteel, steel, Metallurgy, Mineral, Energy
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