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New national body to keep tabs on rail sector, paper says

... try-level unit under the Ministry of Transport. CRC sources said this is only the start of reforms in the rail sector, the report said. -- Contact HKEJ at [email protected] EL/AC/SK   ...More

EJ Insight2014-01-08

HKEJ Today: Highlights

... ng's HKTV unit Television Broadcasts Ltd. (TVB, 00511.HK) will pull back the leases of six transmitting stations to China Mobile Hong Kong Corp. Ltd., a unit that has been taken over by Hong Kong Tele ...More

EJ Insight2014-01-08

Sinotrans well positioned to ride the logistics wave

... he listed unit's logistics network. Sinotrans' listed unit saw its revenue reach 36.8 billion yuan in the third quarter last year, a growth of 2.59 percent over the same period a year ago. It also has ...More

EJ Insight2014-01-07

RMB to appreciate 3% this year, BEA says

The renminbi is likely to strengthen 3 percent against the US dollar in 2014 as the central government steps up currency reform, Bank of East Asia Ltd. (BEA) (00023.HK) said. The Chinese unit is expec ...More

EJ Insight2014-01-06

HKTV business plans hit fresh snag

... sets of a unit of China Mobile (00941.HK). China Mobile said on Sunday that it has launched an internal investigation into subsidiary China Mobile Hong Kong Corp's asset transfer deal with HKTV amid c ...More

EJ Insight2014-01-06

Mengniu JV buys Yashili Zhengzhou unit, filing says

... Zhengzhou unit is a factory in Henan province, which is currently under construction and will be principally engaged in the manufacture, packaging and distribution of nutrition products, it said. Yash ...More

EJ Insight2014-01-06

LGFV sells US-dollar bond as RMB costs rise, Bloomberg says

... e funding unit issued US$200 million of AAA rated notes with a 3.3494 percent coupon on Dec. 27, the report said, citing a statement posted on the website of the Shanghai Clearing House on Dec. 31. Th ...More

EJ Insight2014-01-03

Bright Dairy unit plans new Anyang dairy cow farm, filing says

Shanghai-based Bright Dairy & Food Co. Ltd. (600597.CN) said in a regulatory filing Thursday that its subsidiary Shanghai Bright Holstan Co. Ltd. plans to invest about 450 million yuan (US$74.35 m ...More

EJ Insight2014-01-03

How to create value through merger and acquisition

... assurance unit of Thailand's Thanachart Bank, which held nearly one million insurance policies in 2012. As a result, Prudential’s market share in Thailand doubled after the deal completed. Firms have ...More

EJ Insight2014-01-02

Baosteel unit to sell stake in Jiangxi Yongsheng, paper says

Baosteel Resources Co. Ltd, a wholly owned subsidiary of Baoshan Iron & Steel Co. (600019.CN), plans to sell its 10 percent stake in Jiangxi Yongsheng Mining and Metallurgical Co. Ltd. for 53.10 m ...More

EJ Insight2013-12-30

Sinopec Engg wins deal for giant coal-chem plant, paper says

... ring -- a unit of refining giant Sinopec Group -- will be responsible for the engineering, procurement and construction work for a project of Zhong Tian He Chuang Energy Corp., it said. Zhong Tian He ...More

EJ Insight2013-12-30

China Postal Express withdraws IPO application, Xinhua says

... hich is a unit of the state-owned China Post Group. China Postal Express & Logistics now says it will consider entering the capital market when the time is ripe, Xinhua noted. -- Contact HKEJ at d ...More

EJ Insight2013-12-30

Auto e-commerce plays running ahead of fundamentals

... 0-million unit mark for the first time. Autohome, Bitauto and PCauto are all vertically integrated websites, which means they enable users to browse car details, check prices and make purchases. Accor ...More

EJ Insight2013-12-26

Taiwan approves GCL Poly unit's investment plan, paper says

Mainland green energy firm GCL Poly Energy Holdings Ltd. (03800.HK) has seen its Suzhou subsidiary receive approval Wednesday from the Taiwan government to set up a solar power unit on the island with ...More

EJ Insight2013-12-26

Rinnai to build new plant in Shanghai, Kyodo says

Nagoya-based gas appliances maker Rinnai Corp. said on Wednesday that its Shanghai unit will build a new local plant with total investment of 6.4 billion yen (US$61.28 million), Kyodo news agency repo ...More

EJ Insight2013-12-26

China to set tougher environmental targets, report says

... ption per unit of gross domestic product (GDP), only dropped 5.54 percent. The target is a 16 percent reduction from 2010 to 2015. The plan aims to reduce the amount of carbon produced per unit of GDP ...More

EJ Insight2013-12-26

Cloud computing could become Amazon's ace in China

... his opportunity is Amazon.com Inc, the American online retailing giant.  Making a foray into the fledging market in China, Amazon sees cloud computing as an enabler foron-demand delivery of IT resourc ...More

EJ Insight2013-12-23

China wind power looks for lift from offshore push

The Oracle of Omaha's latest green power play is a sign that the winds of recovery are blowing through one US renewable energy sector. MidAmerican Energy, the electricity unit of American investor War ...More

EJ Insight2013-12-20

The Big Picture: BITCOIN CRASH

... $334) per unit by Wednesday evening from 5,293 yuan on Monday. It was priced at 7,005 yuan on Dec. 5 before the central bank launched some curbs that day. With a daily trading volume of up to 110,000 ...More

EJ Insight2013-12-19

HSI rises as Hutchison moves to spin off Watson

The Hong Kong benchmark Hang Seng Index (HSI) was buoyed by news that Hutchison Whampoa (00013.HK) has enlisted three banks to help spin off international retail unit A.S. Watson & Co next year. T ...More

EJ Insight2013-12-18

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