... 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 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
... 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 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
... 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
... 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
... 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
... . 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 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
... 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
... 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
... 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
... 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) 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
... n Ltd., a unit of I-CABLE Communications Ltd. (01097.HK); and HK Television Entertainment Co., a PCCW Ltd. (00008.HK) subsidiary. However, it rejected an application from a third contender -- Hong Kon ...More
EJ Insight2014-04-03
... ctures, a unit of online video platform LeTV (300104.CN), is also pushing into content production. The company hired former Enlight Pictures chief Zhang Zhao last year to head up a new feature film di ...More
EJ Insight2014-04-03
... sions per unit of gross domestic product to 40-45 percent below 2005 levels by 2020. Carbon trading is seen as a key tool to help achieve that target while also aiding the country's industrial restruc ...More
EJ Insight2014-04-03
... al Policy Unit has spent HK$8.74 million on opinion surveys in the past two financial years, it was revealed. Four pollsters have been commissioned. They include One Country Two Systems Economic Resea ...More
EJ Insight2014-04-03
... dependent unit to finance shantytown renovation projects and 6,600 kilometers of new railways, the report said. Bonds will be issued for the purpose. Meanwhile, the government is considering a two-yea ...More
EJ Insight2014-04-03
Alibaba Microfinance Service Group had 642,000 loan customers as of the end of 2013, with the unit providing a total of 172.2 billion yuan (US$27.76 billion) in credit to users of the group's business ...More
EJ Insight2014-04-02
