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Nat'l Agricultural plans prepaid card service for cooperatives

... rural communities. Hebei Supply and Marketing Cooperative, a unit of the state-owned All China Federation of Supply and Marketing Cooperatives, holds a majority stake in the company. National Agricult ...More

EJ Insight2014-04-16

Lanzhou water crisis just the tip of the iceberg

... e Lanzhou unit of China Petrochemical Corporation, or Sinopec Group, saying one of its pipelines had leaked, contaminating the area near the water supply source. The incident appears to be an accident ...More

EJ Insight2014-04-16

PetroChina Chongqing official said to be under probe

Li Jianhua, chief accountant at the Chongqing unit of PetroChina Marketing Co. Ltd., the sales arm of PetroChina Co. Ltd. (00857.HK, 601857.CN), was taken way from office in early March by officials f ...More

EJ Insight2014-04-16

Washington Post, Guardian bag Pulitzer Prize, Reuters says

The Washington Post and the United States unit of Britian's The Guardian newspaper have won this year's Pulitzer Prize, the most coveted award in journalism, for their coverage of secret surveillance ...More

EJ Insight2014-04-15

Wheelock, partner to buy out Singapore hotel developer, WSJ says

The founder of Singapore's Hotel Properties Ltd. is teaming up with a unit of Hong Kong real estate group Wheelock to buy out the hotel developer in a deal that values the company at about US$1.4 bill ...More

EJ Insight2014-04-15

Piracy issues cast a cloud over China video websites

...  business unit of National Base for International Culture Trade in Shanghai (NBICT), told EJ Insight in an interview that many domestic content creators and traders do not have enough knowledge about ...More

EJ Insight2014-04-15

Peru copper deal shows length of China reach

... l trading unit of the state-owned CITIC Group conglomerate, owns 15 percent. The deal, which is expected to close before the end of the third quarter, is subject to approval from China's Ministry of C ...More

EJ Insight2014-04-15

MMG-led group to acquire Peru copper project for US$5.85 bln

MMG Ltd. (01208.HK), together with Guoxin International Investment Co. Ltd.'s unit and CITIC Metal Co. Ltd., has proposed to acquire Glencore Xstrata's Las Bambas copper project in Peru for US$5.85 bi ...More

EJ Insight2014-04-14

Citic buys stake in US brokerage BTIG, WSJ says

... ong-based unit CLSA Asia-Pacific Markets, which it bought from French bank Crédit Agricole for US$1.25 billion in 2013, the newspaper said. Terms of the BTIG stake sale were not disclosed, although th ...More

EJ Insight2014-04-14

Citigroup to cut 300 jobs in global markets unit, Bloomberg says

Citigroup Inc., the third largest bank in the United States, will cut 200 to 300 jobs in its global stock and bond trading unit to cut cost amid a business downturn, Bloomberg reported Monday, citing ...More

EJ Insight2014-04-14

Oil leak blamed for Lanzhou water contamination, paper says

...  China, a unit of French firm Veolia Environnement, holding a 45 percent stake. -- Contact HKEJ at [email protected] KZ/AC/RA   ...More

EJ Insight2014-04-14

GlencoreXstrata sells Peru project to Chinese group, WSJ says

... 08.HK), a unit of state-controlled China Minmetals Corp. The transaction is expected to close by the autumn, subject to regulatory approval and a vote by MMG's shareholders. China Minmetals, which hol ...More

EJ Insight2014-04-14

Qihoo 360 in talks with HK banks on e-payment security

... es in the United States and Singapore, and completed its investment in a unit in Taiwan, Li said. It has also grabbed a 30 percent market share in Brazil after acquiring Brazilian cloud-based online s ...More

EJ Insight2014-04-11

Tmall funded Jack Ma purchase of Wasu stake, paper says

... . Ltd., a unit of Alibaba, the 21st Century Business Herald reported Thursday, citing an unnamed partner of Dacheng Law Firm. Wasu Media announced late Tuesday that it planned to sell a 20 percent sta ...More

EJ Insight2014-04-10

China rejects US claims on weakening yuan, People’s Daily says

China has defended the recent weakening of the renminbi, saying it has been due to a combination of factors, including pessimism toward its economy and the tapering of economic stimulus in the United ...More

EJ Insight2014-04-09

PCPD sees good opportunity to sell Beijing property

... lace to a unit of Gaw Capital Partners, a real estate private-equity fund, for US$928 million. PCPD's directors see the sale, which comes as the global economy has shown signs of stabilization and gra ...More

EJ Insight2014-04-09

HKEJ Today: Highlights

...  new home units of the project at least 10 percent lower than the market levels, or close to the secondary market. Such a pricing strategy may prompt peers to follow suit, sending property prices of n ...More

EJ Insight2014-04-09

Is China Mobile shortchanging its mainland customers?

... Hong Kong unit charges users HK$68 each month for 1700 voice minutes and 10,000 text messages plus unlimited 3G data with 384kbps speed, while a similar price plan in China only offers 10MB data usage ...More

EJ Insight2014-04-07

China urban dilemma: A matter of cash and geography

... y housing units and expects to finish work on another 4.7 million houses this year and 15 million next year, Ministry of Housing and Urban-Rural Development Vice Minister Qi Ji  said. Another 10 milli ...More

EJ Insight2014-04-04

Asia Cement (China) unit to buy Lanfeng Cement, filing says

Asia Cement (China) Holdings Corp. (00743.HK), the mainland unit of Taiwan’s Asia Cement Corp., said in a regulatory filing on Thursday its partly-owned subsidiary Sichuan Yadong Cement Co. Ltd. has a ...More

EJ Insight2014-04-04

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