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HKEJ Today: Highlights

... completed units, worth a combined HK$2 billion (US$257.94 million), in its first property project in Hong Kong's Kwun Tong district, said chairman William Chan. The firm holds a 65 percent stake in th ...More

EJ Insight2013-12-13

The Big Picture: 'DOUBLE-12' SALES

... o lending unit of the group. All these trends favor the growth of the nation's internet finance sector.   Govt set to unveil OTC board expansion plan China's New Third Board, an over-the-counter tradi ...More

EJ Insight2013-12-13

POLICY WATCH: Shanghai smog adds new urgency to pollution fight

... sions per unit of GDP by 2015, compared with 2010 levels. But as of now, the goal appears difficult as the actual work on the ground has been inadequate. Concerns about the environment have intensifie ...More

EJ Insight2013-12-13

CSR unit to buy German assets for 290 mln euros, filing says

CSR Corp. Ltd. (601766.CN) said its subsidiary Zhuzhou Times New Material Technology Co. Ltd. (600458.CN) has signed a deal to buy ZF Friedrichshafen A.G.’s rubber and plastics assets for 290 million ...More

EJ Insight2013-12-12

Central bank sets RMB midpoint firmer at 6.1100

... e Chinese unit's daily central parity rate against the greenback since the peg ended in 2005. The renminbi is allowed to rise or fall 1 percent from the daily reference rate. Spot renminbi strengthene ...More

EJ Insight2013-12-11

CNR unit to issue asset securitization products, filing says

China CNR Corp. Ltd. (601299.CN), through its subsidiaries, plans to issue asset securitization products and sell part of the creditor's rights in its build-and-transfer tram project in Liaoning’s cap ...More

EJ Insight2013-12-11

HKEJ Today: Highlights

... . Ltd., a unit of Power Assets Holdings Ltd. (00006.HK), will keep its tariff at current levels. Anbang buys 13.7 billion yuan worth CM Bank shares Anbang Property & Casualty Insurance Co. Ltd. bo ...More

EJ Insight2013-12-11

Dongfeng shows how to make the most of joint ventures

... e 100,000-unit sales mark since its launch last year, is the first breakthrough. The ingenuity here is that Venucia's models, although manufactured by Dongfeng's own technicians, are being marketed on ...More

EJ Insight2013-12-10

Nonghyup, UnionPay sign pact on card fees, Yonhap says

South Korea’s Nonghyup Bank has signed an agreement with UnionPay International Co. Ltd., a unit of China UnionPay, to cooperate in the two countries and the Northeast Asia region, Yonhap news agency ...More

EJ Insight2013-12-10

Central bank sets RMB midpoint firmer at 6.1114

... e Chinese unit's daily central parity rate against the greenback since the peg ended in 2005. The renminbi is allowed to rise or fall 1 percent from the daily reference rate. Spot renminbi strengthene ...More

EJ Insight2013-12-10

Zijin, AVIC Real Estate in JV for property project, filing says

Zijin Mining Group's (02899.HK, 601899.CN) real estate unit will develop a property project in Longyan in Fujian province in partnership with AVIC Real Estate Holding Co. Ltd. (000043.CN), according t ...More

EJ Insight2013-12-10

ROHM to fight 12 bln yen profit tax claim, Kyodo says

Japanese semiconductor manufacturer ROHM Co. Ltd. said it will lodge a petition in China and Japan against claims by the Chinese tax authorities that its Dalian unit failed to declare income tax on 12 ...More

EJ Insight2013-12-10

INTERVIEW: CMGE to play angel investor for small game developers

China Mobile Games and Entertainment Group Ltd. (CMGE.US), a unit of Hong Kong-listed VODone Ltd. (00082.HK), will focus more on angel fund investment in the smaller players in the industry, looking b ...More

EJ Insight2013-12-10

CSR lands 2 bln yuan Shenzhen subway deal, CNS says

CSR Zhuzhou Electric Locomotive Co., Ltd., a unit of CSR Corp. Ltd. (01766.HK, 601766.CN), has won a 2 billion yuan-plus (US$328.99 million) contract from Shenzhen's metro operator to supply subway ca ...More

EJ Insight2013-12-09

Alibaba Group investing HK$2.82 bln in Haier, report says

... logistics unit Ririshun, it said. The new logistics venture is expected to provide full support for Alibaba's e-commerce platform Tmall.com. Meanwhile, Alibaba will get 2 percent stake in Haier throug ...More

EJ Insight2013-12-09

Central bank sets RMB midpoint firmer at 6.1130

... e Chinese unit's daily central parity rate against the greenback since the peg ended in 2005. The renminbi is allowed to rise or fall 1 percent from the daily reference rate. Spot renminbi strengthene ...More

EJ Insight2013-12-09

COFCO unit official punished on gift-giving, SASAC says

... er of the unit, also got a “severe warning” from the SASAC discipline inspection commission after he was found to have arranged to give 113 presents worth a combined 53,788 yuan (US$8,836.23) to emplo ...More

EJ Insight2013-12-06

Central bank sets RMB midpoint firmer at 6.1232

... e Chinese unit's daily central parity rate against the greenback since the peg ended in 2005. The renminbi is allowed to rise or fall 1 percent from the daily reference rate. Spot renminbi was 6.0913 ...More

EJ Insight2013-12-06

Wuhan blacklists Country Garden unit over sales, Xinhua says

The Wuhan subsidiary of Country Garden Holdings Co. Ltd. (02007.HK) was blacklisted by the Wuhan Housing Administration Bureau for conducting property sales without the necessary permits, the official ...More

EJ Insight2013-12-06

4G launch gives lift to telecom equipment makers

... r banking unit will fall this year for the first time in a decade, while revenue will increase “at a low single-digit rate”. The counter tumbled as much as 6 percent on the news and ended the day with ...More

EJ Insight2013-12-05

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