... 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 0.08 ...More
EJ Insight2013-10-14
... mall-loan unit into a fully functioning bank with backing from the provincial government of Hunan, its home base. The company’s share price recorded a 60 percent gain in September following talk that ...More
EJ Insight2013-10-11
A subsidiary of Hong Kong-based developer K Wah Group on Thursday acquired a residential plot in Shanghai for 568 million yuan (US$92.88 million), representing a premium of 63 percent over the base pr ...More
EJ Insight2013-10-11
... ption per unit of gross domestic product (GDP) by 16 percent from 2010 levels by the end of 2015. Only 5.5 percent, or 30 percent of the target, has been cut. In the first half, energy consumption per ...More
EJ Insight2013-10-11
Beijing Telecom, a unit of China Telecom Corp. Ltd. (00728.HK), has cut the price of iPhone 5s by 5.7 percent, the first such move after the debut of Apple Inc.'s latest smartphone model amid fierce c ...More
EJ Insight2013-10-11
... ng the US unit extend product offerings and increase sales channels in China, Smithfield chief executive Larry Pope said. Shuanghui will increase Smithfield's exports to China to boost its sales, and ...More
EJ Insight2013-10-10
... cturer by unit sales in 2012. ZTE's exclusive distributor, MSI-ECS Philippines, Inc., said the Chinese phones will not be competing in the market with local brands. "Our phone is comparable to high-en ...More
EJ Insight2013-10-10
Solar company Shunfeng Photovoltaic International Ltd. (01165.HK) is bidding for a stake in a key unit of troubled Suntech Power Holdings Co., once the world’s largest solar panel maker, Shanghai Dail ...More
EJ Insight2013-10-10
... ing opportunities of online financial business. Moreover, other internet and non-financial companies are considering similar forays into online fund management services, which offer huge business pote ...More
EJ Insight2013-10-10
BYD Co. Ltd. (01211.HK) has received a purchase order for more than 1,500 e6 taxi units from Taiwan, perhaps the biggest order for its pure-electric vehicles outside its home turf of Shenzhen. Due to ...More
EJ Insight2013-10-09
Shenyang Chemical Industry (000698.CN) said it will pay 705 million yuan (US$115.21 million) to buy a polyether polyol unit from China National Bluestar (Group) Co. Ltd., according to a regulatory fil ...More
EJ Insight2013-10-08
... ment. The unit price of the plot works out to 37,256 yuan, slightly above the current average. The site will be developed into a mega urban complex comprising shopping malls, office towers, hotels and ...More
EJ Insight2013-10-08
... 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 0.03 ...More
EJ Insight2013-10-08
Sales of new homes in Beijing rose 58.4 percent to 13,279 units in September from the previous month, China National Radio reported Sunday, citing data from the Beijing Municipal Commission of Housing ...More
EJ Insight2013-10-07
... the Weibo unit in April and Sina's projected 2013 earnings. Before rushing to take advantage of the valuations gap, investors should note that Weibo is both alike and different from Twitter. Both of t ...More
EJ Insight2013-10-07
A unit of Shanghai Zhongrong Property Group Co. Ltd. has decided to invest 500 million pounds (US$810 million) rebuilding London’s Crystal Palace, a glass and iron commercial hub that burned down in 1 ...More
EJ Insight2013-10-04
... charging unit problem earlier this year, but the counter bounced back quickly on the back of improving operating results and the Chinese government's fresh new-energy car subsidies. In year to date, ...More
EJ Insight2013-10-03
Far Eastern International Bank Co. Ltd., the banking arm of Taiwan's Far Eastern Group, is expected to raise NT$5 billion (US$168.95 million) through a private share placement or global depositary rec ...More
EJ Insight2013-10-03
Taiwan's Miaoli Motor Transportation Co., Ltd. has ordered three K9 electric buses from the local unit of mainland carmaker BYD Co. Ltd. (01211.HK, 002594.CN) after the island’s Vehicle Safety Certifi ...More
EJ Insight2013-10-03
... he Ningbo unit losing some of its flexibility in responding to market conditions. Rather than keep on talking about tax concessions and loan interest subsidies, the government's M&A push will be m ...More
EJ Insight2013-10-02
