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China Resources
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Molson Coors to Distribute Chinese Beer Snow in UK
Dec 13, 2017Molson Coors UK and Ireland has entered into a partnership deal with China Resources Snow Beer (CRSB), which gives the brand exclusive rights to distribute Snow beer to the UK market. As per the agreement, Molson Coors UK will have the ...
Tags: Molson Coors, Beer
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RISI Says China Rcp Conference Will Combine with International Containerboard Expertise
Jul 19, 2017RISI announced that the China RCP Conference will combine with international containerboard expertise to provide a holistic view of the market dynamics of Containerboard. Named the 6th International Recycled Fiber and Containerboard ...
Tags: Containerboard, Fiber
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AB InBev Agrees to Sell Sab Miller's China Market to Chinese Government
Mar 13, 2016Belgian beverage giant AB InBev says it will allow a Chinese Government owned company to acquire SABMiller’s Chinese beer business if AB InBev itself can acquire SABMiller. AB InBev last week revealed it will allow China Resources ...
Tags: AB InBev, China Market
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AB In Bev To Sell SABMiller's Chinese Beer Business To China Resources For $1.6bn
Mar 8, 2016Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
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Vanke Welcomes Anbang's Increase in Shareholding
Dec 24, 2015China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...
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China Vanke Suspends Trading After Chair Opposes Shareholder's Leveraged Buying
Dec 22, 2015China Vanke Co. Ltd unexpectedly suspended trading on Friday afternoon, saying that it's planning to issue new shares for capital restructuring and assets acquisition, according to a statement on the Shenzhen Stock Exchange. The statement ...
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Vanke-Baoneng Spat Heats up
Dec 22, 2015The spat between China's largest property developer Vanke and its current biggest shareholder Baoneng Group has continued to heat up. Vanke's President Yu Liang says the company is facing a "hostile takeover". Last week, Chairman Wang ...
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China Vanke's Chairman Concerned Over Shareholder's Leveraged Buying
Dec 18, 2015A file photo of the headquarters of China Vanke in Shenzhen, Guangdong Province. [Photo: ifeng.com] China's biggest residential developer China Vanke is worrying that its shareholders are buying too much stake. Baoneng Group, a ...
Tags: Vanke, Baoneng Group, stake
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Chinese Beer Industry Suffered a Negative Growth in 2014
May 6, 2015Beer in China has become increasingly popular in the last century. Chinese beer has also seen a rise in popularity internationally in the last few decades. However, Chinese beer industry suffered a negative growth in 2014 for the first time ...
Tags: Tsingtao Brewery, Beer
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Chinese Homebuyers Have Driven Housing Prices Up
Aug 21, 2014Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
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Profits of Oil Giant China Sinopec Increased More Than 10 Billion Yuan
Jan 2, 2014Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months. Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the ...
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Britain's Biggest Retailer Tesco Has Delivered "Poor" Third Quarter Results
Dec 4, 2013Britain's biggest retailer Tesco has delivered "poor" third quarter results – with like-for-like sales down 1.5% – 18 months after launching its £1bn turnaround plan, according to City analyst Shore Capital. Tesco's ...
Tags: Agriculture, Food
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China's Yarn Expo Autumn Will Be Present From 21-23 October
Oct 15, 2013With an increase in the number of exhibitors at this year’s Yarn Expo Autumn, visitors to the fair are guaranteed a greater sourcing choice of fibres and yarns. Nearly 150 suppliers from 13 countries and regions, including China, ...
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CRE Is Reportedly Looking at Options for Its Hong Kong Meat Distribution Unit
Oct 10, 2013China Resources Enterprise (CRE), the state-backed supermarket chain, is reportedly looking at options for its Hong Kong meat distribution unit, Ng Fung Hong, including a possible sale. The move comes as the retailer seeks to bid for ...
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Tesco's Pre-Tax Profits in The Six Months to 24 August Were £1.39bn
Oct 9, 2013Tesco’s pre-tax profits in the six months to 24 August were £1.39bn, with UK trading profit up 1.5% to £1.13bn. UK like-for-like sales – which strip out the impact of new stores – fell by 0.5%. ...
Tags: Tesco, fresh pork
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