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China Merchants Bank FTZ unit gets branch status, filing says

... sday. The unit, launched on Sept. 29, is among the first five commercial banks authorized by the central bank to conduct businesses in the FTZ. -- Contact HKEJ at [email protected] MY/AC/RC   ...More

EJ Insight2013-11-15

China's elite developer ranks grow as property boom rolls on

...  research unit under property information provider Soufun.com. The academy said Thursday that some property giants such as China Vanke Co. Ltd. (000002.CN) and Poly Real Estate Group Co. Ltd. (600048. ...More

EJ Insight2013-11-15

Chinese firms eye distribution channels, PE experts say

Chinese manufacturers have a growing appetite for foreign mid-cap companies that own distribution channels to help them ease overcapacity, private equity experts said. Japan and the United States are ...More

EJ Insight2013-11-14

CNPC unit buys stakes in solar power plants, paper says

China National Petroleum Corporation (CNPC) is following the footsteps of China National Offshore Oil Corp. (CNOOC) and China Petroleum and Chemical Corporation (Sinopec) in making forays into the dom ...More

EJ Insight2013-11-14

Central bank sets RMB midpoint firmer at 6.1315

... e Chinese unit's daily central parity rate against the greenback since the peg ended in 2005. The renminbi is allowed to rise or fall 1 percent from the daily reference rate. Spot renminbi eased 0.01 ...More

EJ Insight2013-11-14

HKEJ Today: Highlights

... 5 housing units with a combined 555,000 square feet in floor area. Property agents expect the developer to sell the flats at HK$13,000 per square foot upon completion in four years, setting a benchmar ...More

EJ Insight2013-11-14

CNPC buys Peru oil and gas assets for US$2.6 bln, Xinhua says

... ts listed unit PetroChina Co. Ltd. (00857.HK, 601857.CN). CNPC will buy all the shares of Petrobras Energia Peru S.A., which owns three oil and gas blocks with an output of about 800,000 tons of oil e ...More

EJ Insight2013-11-14

Controlling shareholder ups stake in Conch Cement, filing says

Anhui Conch Cement Co., Ltd. (00914.HK, 600585.HK) said in an exchange filing on Tuesday that its parent company Anhui Conch Holdings Co., Ltd raised its stake in the unit by 1.244 million shares, or ...More

EJ Insight2013-11-13

Everbright asset management arm gains RQFII status, paper says

The mainland's securities commission has approved Everbright Financial Holding Asset Management Co. Ltd., a unit of investment holding company China Everbright Ltd. (00165.HK), as a renminbi qualified ...More

EJ Insight2013-11-13

CNR to overtake CSR in alpine challenge

...  multiple units (EMUs). Better still, the latest tender is worth about 57 billion yuan (US$9.36 billion), the China Securities Journal estimated, almost triple the amount for the August round in which ...More

EJ Insight2013-11-12

Hyundai recalls 1,547 defective Rohens, report says

Hyundai Motor Group (China) Ltd. has started the recall of 1,547 imported Rohens cars due to problems with the hydraulic electronic control unit (HECU), Xinhua news agency reported on Monday, citing C ...More

EJ Insight2013-11-12

Vanke hints at real reason it's banking on Huishang

... -made community financial services will certainly feature in Vanke’s blueprint to become an integrated service vendor. Vanke doesn’t spell out in detail how it will team up with Huishang to cater to t ...More

EJ Insight2013-11-11

Graft probe ripples across troubled COSCO waters

...  terminal unit of China COSCO. The investigation is probably in connection with corruption during his tenure in COSCO Pacific from 2007 to 2011, 21st Century Business Herald quoted an insider as sayin ...More

EJ Insight2013-11-08

Deutsche Bank gets nod for FTZ, paper says

Deutsche Bank (China) has received approval to open a sub-branch in the Shanghai free trade zone, Shanghai Daily reported Friday. The unit will offer cross-border corporate banking services. The bank ...More

EJ Insight2013-11-08

SCA sees more consolidation in tissue products sector

... hich is a unit of the Indonesia-based Asia Pulp & Paper Co. Ltd. SCA, which had been the second largest shareholder of Vinda, had in September offered to acquire all the remaining shares in the Ch ...More

EJ Insight2013-11-08

Honda Motor sets up R&D unit for China market, Kyodo says

Honda Motor Co. Ltd. has established a new operation called Honda Motor (China) Co. Ltd. in Guangzhou to strengthen its auto research and development, parts purchase and manufacturing capabilities in ...More

EJ Insight2013-11-06

China Railway Construction wins big Nigeria deal, filing says

China Railway Construction Corp. (01186.HK, 601186.CN) said in a regulatory filing Tuesday that its unit China Civil Engineering Construction Corp. has recently won a five-year contract worth US$1.07 ...More

EJ Insight2013-11-06

CSCL sells 55% stake in unit for 75.6 mln yuan, filing says

China Shipping Container Lines Co. Ltd. (CSCL) (02866.HK, 601866.CN) has sold a 55 percent stake in its fully owned subsidiary Lianyungang New Oriental International Container Wharf Co. Ltd. for 75.63 ...More

EJ Insight2013-11-06

China Mobile, Sony may launch smartphones in China, website says

... ’s mobile unit will unveil two new smartphone models -- Xperia Z1S and Xperia Tianchi -- on Nov. 12 in Shanghai, the report said. -- Contact HKEJ at [email protected] MY/AC/RA   ...More

EJ Insight2013-11-05

China carbon emissions seen peaking in 2025, Yicai says

... sions per unit of gross domestic product (GDP) by 40 to 45 percent by 2020 from the level seen in 2005, it noted. -- Contact HKEJ at [email protected] MY/AC/RC     ...More

EJ Insight2013-11-05

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