Asia Economy news, Markets and Business Trends - Made-in-China.com

Real Estate Companies Have Stake in Commercial Bank

Nov 6, 2013

Guangzhou Yuexiu Property Company Limited and the Vanke (it is the largest real estate developers in China) have stake in commercial banks. Despite their ideas, it is a new attempt for real estate to expand direct financing channels. Some ...

Tags: Real Estate, Commercial Bank, economy

Jiangsu Emerging Industry Investment Fund The First Phase of Raising Five Billion Yuan

Nov 5, 2013

Recently, the total size of 10 billion yuan of emerging industries of investment funds was established in Nanjing of Jiangsu. This fund was made of Huatai securities, Soho group and Hony Capital. The first 5 billion yuan raised has been ...

Tags: Emerging Industry, economy, service

70% Auto Companies Reported "False Harvest" in The Third Quarters

Nov 5, 2013

Currently, 86 listed companies of automotive industry have been released the third quarter reports. According to statistics, 70% car companies' net profit is year-on-year growth in the first three quarter. But the National Securities ...

Tags: Transportation, Auto, automotive industry

Australia Emigration More Popular in Asia

Nov 5, 2013

HSBC recently released the results of "emigrated to explore", the Australian expatriate or accredited persons, have to abandon the traditional destinations, such as the UK and Europe, came to more profitable in Southeast Asia. For example, ...

Tags: Service, economy

CCB Will Control a 72 Percent Stake in Brazil-Based BIC

Nov 5, 2013

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 ...

Tags: bank, economy, service

The Internet Growth Causes an Many Foreign Firms to Cast Eye on China Internet Finance

Nov 5, 2013

Fast growth of the Internet causes an increasing number of foreign firms to cast eye on the Chinese Internet finance. Foreign capital always wants to establish a leading position in the Chinese financial market, but due to high ...

Tags: Foreign Capital, Internet Finance, economy

It Had Sales of €555m and Ebitda Profit of €133m in The Year to June

Nov 5, 2013

The €1.2bn acquisition of the business from private equity groups Blackstone and N+1 Mercapital will extend Crown's reach in Spain and north Africa. Mivisa is headquartered in Murcia and is the biggest producer of two- and ...

Tags: Packaging, Printing, food packaging

Recession in The Chinese Shipbuilding Industry Still Continues.

Nov 4, 2013

Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...

Tags: Transportation, Shipbuilding

First Milk's Partnership with Adams Foods Could Create up to 100 New Jobs

Nov 4, 2013

First Milk's partnership with cheese supplier Adams Foods could create up to 100 new jobs and would represent at least an extra 50,000t of first-year sales for Adams Foods. Kerrygold is one of Adams Foods brands Adams Foods ceo Ian Toal ...

Tags: Agriculture, Food, milk

A Person in The Know Revealed That The MIIT Has Nailed Down How to Grant 4G Licenses

Nov 4, 2013

A person in the know revealed that the Ministry of Industry and Information Technology (MIIT) has nailed down how to grant 4G licenses. TD-LTE licenses will be concurrently granted to top three carriers while LTE FDD licenses later. The ...

Tags: 4G, TD-LTE

Baotou Steel Announced on October 31 That It Was Intending to Discuss Matters

Nov 4, 2013

Baotou Steel Union Co., Ltd. (SHSE: 600010) announced on October 31 that it was intending to discuss matters related to its non-pubic share issuance and needs to communicate with relevant institutions on some matters and there still are ...

Tags: steel, Construction, Metallurgy, Mineral

Sinosure Recorded The Amount Insured of USD 286.61 Billion Growing 16.7%

Nov 4, 2013

China Export & Credit Insurance Corporation (Sinosure) recorded the amount insured of USD 286.61 billion in the first three quarters of this year, growing 16.7% over a year earlier. The amount insured of short-term and medium- and ...

Tags: Service, insurance, Credit Insurance

China Oilfield Services Signed Three Drilling Platform Building Contracts

Nov 4, 2013

China Oilfield Services October 30 signed three drilling platform building contracts with Dalian Shipbuilding Industry Offshore Co., Ltd. and China Merchants Heavy Industry (Shenzhen) Co., Ltd., which include the HYSY 982, the HYSY 943 and ...

Tags: Oilfield, Metallurgy, Mineral, Energy

Carlsberg Brewery Was Agreed on a Tender Offer to The Former

Nov 4, 2013

Chongqing Brewery Co., Ltd. (SHSE: 600132) announced on October 31 that its shareholder Carlsberg Brewery Hong Kong Limited was agreed by China Securities Regulatory Commission on a tender offer to the former. Carlsberg officially issued ...

Tags: Carlsberg, beer, Food

Metallurgical Corporation of China Ltd. Fell 11.6% Over a Month Earlier.

Nov 4, 2013

Metallurgical Corporation of China Ltd. (MCA, SHSE: 601618) recorded operating revenue of CNY 137.275 billion from January to September, falling 11.6% over a month earlier. Net profits attributable to shareholders hit CNY 2.116 billion, ...

Tags: Metallurgy, Mineral, Energy