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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

CITIC Guoan to acquire stake in Bank of Shanghai, paper says

... TIC group unit intends to become the biggest investor in the share placement, the source was quoted as saying. The bank plans to cooperate with CITIC Guoan in developing offshore financial businesses ...More

EJ Insight2014-01-14

Suning launches online money-market fund, paper says

Suning Appliance Co. Ltd. said its (002024.CN) third-party payment unit Yifubao has launched an online personal finance product called Lingqianbao, the Shanghai Securities News reported Tuesday, citin ...More

EJ Insight2014-01-14

Shenzhen Hepalink to buy US drug firm, filing says

... lly owned unit Hepalink USA Inc., the Securities Times reported Monday. Hepalink has offered to pay about US$223 million in cash for the target’s assets and another US$108 million to its debtors. The ...More

EJ Insight2014-01-13

China Merchants Securities eyes top 10 berth in HK, SCMP says

China Merchants Securities Co. Ltd. (600999.CN) plans to add about 100 jobs at its Hong Kong unit this year and double the unit's revenue over the next three years, with the aim of transforming itself ...More

EJ Insight2014-01-13

Mobile games continue to rack up share gains

... insurance unit for 1 billion euro (US$1.36 billion). The counter jumped 5 percent for the day. -- Contact the writer at [email protected] SK   ...More

EJ Insight2014-01-10

HKEJ Today: Highlights

... by HKTV's unit China Mobile Hong Kong Corp. Ltd. The company, backed by Ricky Wong, who has been struggling to enter the free-TV market, has a contingency plan to resolve the technical issue. CIRC ope ...More

EJ Insight2014-01-09

New national body to keep tabs on rail sector, paper says

... try-level unit under the Ministry of Transport. CRC sources said this is only the start of reforms in the rail sector, the report said. -- Contact HKEJ at [email protected] EL/AC/SK   ...More

EJ Insight2014-01-08

HKEJ Today: Highlights

... ng's HKTV unit Television Broadcasts Ltd. (TVB, 00511.HK) will pull back the leases of six transmitting stations to China Mobile Hong Kong Corp. Ltd., a unit that has been taken over by Hong Kong Tele ...More

EJ Insight2014-01-08

Sinotrans well positioned to ride the logistics wave

... he listed unit's logistics network. Sinotrans' listed unit saw its revenue reach 36.8 billion yuan in the third quarter last year, a growth of 2.59 percent over the same period a year ago. It also has ...More

EJ Insight2014-01-07

RMB to appreciate 3% this year, BEA says

The renminbi is likely to strengthen 3 percent against the US dollar in 2014 as the central government steps up currency reform, Bank of East Asia Ltd. (BEA) (00023.HK) said. The Chinese unit is expec ...More

EJ Insight2014-01-06

HKTV business plans hit fresh snag

... sets of a unit of China Mobile (00941.HK). China Mobile said on Sunday that it has launched an internal investigation into subsidiary China Mobile Hong Kong Corp's asset transfer deal with HKTV amid c ...More

EJ Insight2014-01-06

Mengniu JV buys Yashili Zhengzhou unit, filing says

... Zhengzhou unit is a factory in Henan province, which is currently under construction and will be principally engaged in the manufacture, packaging and distribution of nutrition products, it said. Yash ...More

EJ Insight2014-01-06

LGFV sells US-dollar bond as RMB costs rise, Bloomberg says

... e funding unit issued US$200 million of AAA rated notes with a 3.3494 percent coupon on Dec. 27, the report said, citing a statement posted on the website of the Shanghai Clearing House on Dec. 31. Th ...More

EJ Insight2014-01-03

Bright Dairy unit plans new Anyang dairy cow farm, filing says

Shanghai-based Bright Dairy & Food Co. Ltd. (600597.CN) said in a regulatory filing Thursday that its subsidiary Shanghai Bright Holstan Co. Ltd. plans to invest about 450 million yuan (US$74.35 m ...More

EJ Insight2014-01-03

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