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Tsinghua Tongfang unit snaps up Neo-Neon, paper says

Tsinghua Tongfang Co. Ltd. (600100.CN) said Monday that its overseas subsidiary, THTF Energy-Saving Holding Ltd. has taken a 51.6 percent stake in Neo-Neon Holdings Ltd. (01868.HK) for about 700 milli ...More

EJ Insight2014-01-28

Taiwan's CTBC to buy CITIC Bank unit for NT$20 bln, paper says

... million), United Daily News reported Tuesday, without citing any source. China CITIC Bank Corp. (00998.HK, 601998.CN) owns 70.32 percent of CIFH. Under the proposed deal, CITIC Bank Corp. will also bu ...More

EJ Insight2014-01-28

Nippon Electric Glass sets up Xiamen LCD plant, paper says

...  business unit of TCL Corp. (000100.CN), reporting stellar profits recently. Nippon Electric Glass is among the world's top three LCD panel makers, commanding 20 percent of the the global market, the ...More

EJ Insight2014-01-28

Thief drains 100 mln yuan from Jiugui Liquor unit, filing says

... e for the unit -- had been taken from its account at the Hangzhou branch of Agricultural Bank of China Ltd. (01288.HK, 601288.CN). Just 1,176.03 yuan was left in the account after the theft. The compa ...More

EJ Insight2014-01-28

INTERVIEW: ADS Securities wants in on Shanghai FTZ party

...  of opportunities there. It's something we would like to expand into," Yeo told the Hong Kong Economic Journal's EJ Insight. Yeo said ADS is in talks with a number of Chinese companies about potential ...More

EJ Insight2014-01-28

Runaway property markets in HK, London -- what next?

... c housing unit measuring less than 500 square feet in a place like Sheung Shui on the city outskirts costs more than HK$3 million (US$386,653), a reflection of the runaway market. If the ratio has to ...More

EJ Insight2014-01-24

Taiwan warns Alipay O2O service illegal, paper says

... . Alibaba unit Alipay, which provides the so-called online-to-offline (O2O) payment service, has announced it will launch the service in Taiwan and Hong Kong. Taipei has yet to issue regulations and a ...More

EJ Insight2014-01-24

Lenovo to buy IBM server unit for US$2.5 bln, Reuters says

Lenovo Group Ltd. (00992.HK) is near an agreement to buy International Business Machines Corp.'s (IBM) low-end server business for about US$2.5 billion as the world's biggest personal computer maker i ...More

EJ Insight2014-01-23

Chinese equities may fire up in 2H, says Eastspring

... spring, a unit of Prudential Corp Asia, is one of the largest asset mangers in the region. It had about US$94 billion in assets under management as of end-June last year.   Rountree says he is overwei ...More

EJ Insight2014-01-23

ZTE has more work to do to sustain turnaround

... s handset unit add to the uncertain business outlook. ZTE said on Monday that it expects to report a profit in the range of 1.2 billion yuan (US$198 million) to 1.5 billion yuan for 2013, in stark con ...More

EJ Insight2014-01-22

Lenovo resumes talks to buy IBM server unit, report says

China's Lenovo Group has resumed discussions to buy International Business Machines Corp's low-end server unit, Reuters reported Tuesday, citing a source familiar with the matter. The two companies ha ...More

EJ Insight2014-01-21

Hyundai building largest ships for China Shipping, paper says

Hyundai Heavy Industries has begun construction on the first of five 19,000 TEU (twenty-foot equivalent unit) container vessels for China Shipping Container Lines Co. Ltd. (02866.HK, 601866.CN), Natio ...More

EJ Insight2014-01-21

HKEJ Today: Highlights

... tal media unit yesterday. Editorial Adviser Cheung Kin-bor will be acting chief editor before the formal replacement is made. Staff said Chong did not meet their requirements for being familiar with H ...More

EJ Insight2014-01-21

Jardine puts US$700 mln into Zhongsheng Group, WSJ says

Conglomerate Jardine Matheson Group, through its unit Jardine Strategic Holdings Ltd., will invest up to US$722 million in one of China's biggest car dealers, the Wall Street Journal reported Monday. ...More

EJ Insight2014-01-20

Chongqing Gangjiu eyes 1.2 bln yuan placement, paper says

... container unit owned by its majority shareholder Chongqing Port Logistics Group, the company said. The deal could enhance Chongqing Gangjiu’s container processing capacity and help it establish a comp ...More

EJ Insight2014-01-17

Hydro group unit pays 2.1 bln yuan for Shanghai site, paper says

The property unit of state-owned hydropower firm China Gezhouba Group secured a mixed-use site in Shanghai Thursday with a 2.1 billion yuan (US$344.26 million) bid, a premium of 146.8 percent against ...More

EJ Insight2014-01-17

Banks told to set up interbank business units, paper says

The China Banking Regulatory Commission has ordered commercial banks to set up a separate unit for their interbank business, such as wealth management and trust-related operations, in an effort to cur ...More

EJ Insight2014-01-16

HKEJ Today: Highlights

...  new home units are targeted for property supply in the private and public markets combined in the next 10 years, Chief Executive Leung Chun-ying told lawmakers in his policy address. The supply under ...More

EJ Insight2014-01-16

Huawei aims to double cellphone sales in Canada, paper says

Huawei Technology Co. Ltd.'s Canadian unit expects to double its mobile phone sales annually in the next two years, Shanghai Daily reported Tuesday. "Mobile devices will be the fastest-growing sector ...More

EJ Insight2014-01-15

CNR to roll out hybrid high-speed trains, Xinhua says

... . Ltd., a unit of CNR, will integrate two or three power sources -- electricity, battery pack or diesel engine -- into the trains, the report said. The design speed of the trains will be 160 km per ho ...More

EJ Insight2014-01-15

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