Canada-listed Husky Energy Inc., a unit of Hutchison Whampoa Ltd. (00013.HK), plans to make its Gaolan onshore gas plant -- part of the South China Sea Liwan gas project -- a regional hub for future p ...More
EJ Insight2014-04-02
... n buy one unit of the securities for every five ordinary shares held, and all units will be converted into new ordinary shares at the conversion price of HK$30.26 in the third year from the date of is ...More
EJ Insight2014-04-01
Sinopec Chemical Commercial Holding Co. Ltd., a wholly-owned sales unit of China Petroleum & Chemical Corp. (Sinopec) (00386.HK, 600028.CN), has begun independent operation since Monday, as schedu ...More
EJ Insight2014-04-01
... is of one unit for every five ordinary shares held, in the company's first major fundraising attempt in a decade. The issuance price will be set at HK$30.26 apiece, representing a premium of 13.55 per ...More
EJ Insight2014-04-01
... onds to a unit of Alibaba. The two companies will form a joint venture to develop an O2O business related to shopping malls, department stores and supermarkets in China, by leveraging the expertise, r ...More
EJ Insight2014-03-31
... as a community services provider, rather than a developer. This dovetails with his view that the realty sector is becoming a value trap with soaring land auction prices and product homogenization. On ...More
EJ Insight2014-03-31
China Rare Metals and Rare Earth Co. Ltd., a unit of Aluminum Corp. of China Ltd. (Chalco) (02600.HK, 601600.CN), on Wednesday held a launch ceremony for a rare-earth joint venture in Dechang in Sichu ...More
EJ Insight2014-03-28
Bank of China Ltd. has started a new strategy of unloading soured loans to its investment-banking unit, which then would try to restructure the debt with the hope of recovering more than it paid for t ...More
EJ Insight2014-03-28
... hich is a unit of the country’s biggest search-engine operator Baidu (BIDU.US). As of January this year, iQiyi and PPS had 94 million monthly users, or 56 percent of the market, while Youku Tudou was ...More
EJ Insight2014-03-27
... e Chinese unit to achieve the milestone by 2017. China will play an increasingly prominent role in global finance, particularly as the renminbi becomes more international and the offshore market grows ...More
EJ Insight2014-03-27
... ng-listed unit by a state-owned Chinese parent, according to the data compiled by Bloomberg. In 2000, China Mobile Ltd. (00941.HK) acquired seven wireless networks from China Mobile Communications Cor ...More
EJ Insight2014-03-27
New Hope Liuhe Co. Ltd. (NHL, 000876.CN) expects its food unit to achieve sales of more than 10 billion yuan (US$1.63 billion) in five years, China Securities Journal reported Wednesday, citing Zhou Z ...More
EJ Insight2014-03-26
... ndominium unit in Beijing. Earlier this month, almost 200 homes at a new residential project were sold out in less than two weeks after news that the city will spearhead a pan-Beijing regional develop ...More
EJ Insight2014-03-26
... Australia unit's senior management in a bid to improve results, the report said. Chairman Li Xiyong said Yanzhou Coal plans to shed about 13,000 jobs in China and transfer 15,000 employees from its Sh ...More
EJ Insight2014-03-26
Tesla Motors Inc. is likely to partner with a subsidiary of State Grid Corporation of China to develop a battery charging solution for its electric motor cars, news website jrj.com reported Tuesday. S ...More
EJ Insight2014-03-25
... Hong Kong unit of Beijing-based China Guardian Auctions stressed in an interview with the Hong Kong Economic Journal Monthly. The Hong Kong office acts as the first goal keeper, Hu said. After prelimi ...More
EJ Insight2014-03-24
... aums -- a unit of China UnionPay -- and Calliance were asked to conduct internal checks, the report said. The order came after several cases of fake credit card transactions to secure cash, a source f ...More
EJ Insight2014-03-24
... ess opportunities if managed properly. Sinopec has 23,000 stores across 30,000 petrol stations, or a presence in 76 percent of its gas distribution network. Sales reached 13.3 billion yuan (US$2.15 bi ...More
EJ Insight2014-03-24
... Sunday. A unit of the government-sanctioned All-China Federation of Trade Unions has been leading the protests outside a Walmart store in Changde, Hunan province, that closed last week, it said. The r ...More
EJ Insight2014-03-24
The Chinese central bank's sudden move last weekend to expand the renminbi's daily trading band has led to a drop in the unit's exchange rate over the past four trading days. The fall accelerated on T ...More
EJ Insight2014-03-21