Hong Kong Monetary Authority Chief Executive Norman Chan Tak-Lam said average daily trading volume of Hong Kong's RMB Real Time Gross Settlement (RTGS) system in May exceeded HKD RTGS for the first time. average daily trading volume of ...
Train maker China CNR Corp. Ltd. (SHSE: 601299) accused domestic archrival CSR Corp. Ltd. (SHSE: 601766) of low-price competition in Argentina. CSR Corp. announced CNY 7.8 billion worth new contracts on May 27 and among the total, ...
Tags: Industrial Equipment, Components
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
Chinese oil and gas producers show rising interest in oil exploration and development in the arctic regions nowadays. An insider with China Petroleum Corp. (Sinopec Group), one of the top two oil and gas producers in the Chinese mainland, ...
Foreign reports say Dalian Wanda Group Co., Ltd. is to acquire the United Kingdom (UK)'s biggest luxury yacht company Sunseeker, signifying that Chinese buyers are more and more inclined to buy luxury assets from Europe. A person with ...
Tags: Service
Large overseas institution BlackRock spent more than CNY 300 million buying additional H-shares in Industrial and Commercial Bank of China (ICBC) to lift its holding to 6.23% after Goldman Sachs sold all shares it held in the Chinese ...
Poly (SHSE: 600048) realized contractual sales of 951,000 square meters in May, growing 3.77% over a year earlier and 18.67% over a month earlier. Contractual sales value reached CNY 11.141 billion, growing 3.47% over a year earlier and ...
Gome.com.cn, a B2C unit of leading Chinese home appliance retailer Gome Electrical Appliances Holding Ltd. (SEHK: 093), announced signing of a strategic cooperation agreement with Tmall.com on June 6. And under terms of the agreement, ...
Uni-President China on June 6 announced its CNY 1 billion renminbi-denominated notes to expire in 2016 and with annual interest rate of 3.5% will become tradable tomorrow. The Joint Global Coordinators are ANZ and DBS, which worked ...
Hoist Inc., Ltd. (SZSE: 000790) announced on June 5 that its controlling subsidiary Hoist Steel Structures won a steel structure construction contract from Quanyou, with expected revenue of about CNY 89 million (excluding taxes) and gross ...
Tags: Steel Structure, Construction
Metallurgical Corp. of China Ltd. (MCC, SHSE: 601618 and SEHK: 1618) is said to sell a majority stake in west Australia-based Lamber iron ore project. People close to it disclosed in an interview recently that it was busy looking for ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Lushang Group, controlling shareholder of Silver Plaza Group (SHSE: 600858), spent CNY 250 million buying additional 5% shares in the listed company. Silver Plaza announced today that it received a tender offer from Lushang that planned ...
Japanese media quoted data from commercial real estate service provider CBRE saying that Hong Kong recorded highest yearly rentals for booths in prime locations among major global cities ended March 2013, reaching USD 4,328 or CNY 26,000 ...
Chinese online video website Ku6 Media Co., Ltd. (NASDAQ: KUTV) will continue a user generated content (UGC) strategy. It said in the evening on June 3 that Du Fang, the former deputy director with Zhejiang Stellite TV, would take the ...
Tags: Service, Media, online video website
New China Life Insurance Co., Ltd. (SHSE: 601336 and SEHK: 1336) said last weekend that it has gained go-ahead from its board of directors to set up an e-commerce unit with a registered capital of CNY 100 million. The plan, though not ...
Tags: China Life, Online Sales Unit