... ere 1,845 unit trust and mutual funds traded in Hong Kong. Of them, 318 -- or 17.2 percent -- were registered and run in Hong Kong, the report noted. -- Contact HKEJ at [email protected] EL/AC/RC ...More
EJ Insight2013-12-05
... ayment, a unit of Tencent Holdings Ltd. (00700.HK). By embedding the payment service in WeChat, Tencent's popular social networking app, Weixin Payment has racked up impressive numbers worthy of Alip ...More
EJ Insight2013-12-05
... Alipay, a unit of e-commerce giant Alibaba Group, said recently that it will start levying a fee of 0.1 percent of the transaction value. That translates into commission fees starting at 50 fen (8 US ...More
EJ Insight2013-12-04
... 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 one percent from the daily reference rate. Spot renminbi strengthe ...More
EJ Insight2013-12-04
Chen Fujiang, vice president of the Shanghai unit of China Shipping Container Lines Co. Ltd., (02866.HK, 601866.CN) has been arrested for unspecified reasons, shipping information website www.ship.sh ...More
EJ Insight2013-12-04
... a-Pacific unit of Nasdaq-listed Compuware Corp. Internet surfers have become more impatient and demanding as they have grown used to transferring their money, booking tickets or shopping online. Aliba ...More
EJ Insight2013-12-04
... e Chinese unit was in 20th place in payments in January last year, according to Belgium-based SWIFT, which provides transaction messaging platforms for banks, brokerages and corporates. The improvemen ...More
EJ Insight2013-12-04
Zhejiang Zheneng Electric Power Co. Ltd. is expected to list on the Shanghai stock exchange before the end of this year after a share swap deal with its unit Zhejiang Southeast Electric Power Co. Ltd. ...More
EJ Insight2013-12-04
The United States is privately raising concerns with South Korea about a potential deal with Chinese telecom giant Huawei to develop the country's advanced wireless network, the Wall Street Journal re ...More
EJ Insight2013-12-04
... Vanguard unit owns convenience stores and mini supermarkets in more than 150 counties and townships. If Wahaha wants to sell its products through these outlets, it will have to pay a hefty licensing ...More
EJ Insight2013-12-03
... ing opportunities in industries related to renewable energy, food safety and internet security. The PwC group posted overall revenue of more than US$32 billion in the year ended June, with about 27.6 ...More
EJ Insight2013-12-02
Property developer CapitaLand's China arm is shifting its focus to low-cost homes, as it expects the nation's urbanization push to boost demand for residential property across all segments, the Wall S ...More
EJ Insight2013-11-29
... ectronics unit Wang Lijun. “Some brands are doing well in big cities such as Beijing, Shanghai and Guangzhou, but they do not exist in the vast inland area where 63 percent of people are living in sma ...More
EJ Insight2013-11-28
JF Asset Management Ltd., a J.P. Morgan Chase subsidiary, is applying for a 1 billion yuan (US$164 million) quota to invest in China's capital markets under the Renminbi Qualified Foreign Institutiona ...More
EJ Insight2013-11-28
... at record unit price Shenzhen HeungKong Holding Co. Ltd. (600162.CN) has won in an auction a commercial land plot in the Qianhai special economic zone in Shenzhen for 1.63 billion yuan (US$267.53 mill ...More
EJ Insight2013-11-28
Around 35 percent of the bond funds in China have seen their units fall below the par value of 1 yuan (US$0.16) as of Nov. 25 amid huge redemption by investors on declining yields, the Shanghai Securi ...More
EJ Insight2013-11-27
HSBC Bank (China) Co. Ltd., a mainland unit of HSBC Holdings plc (00005.HK), said on Monday that it has received approval from the China Financial Futures Exchange (CFFEX) to launch futures margin cus ...More
EJ Insight2013-11-26
Taobao Marketplace, the country's top customer-to-customer website, will offer discounts to online shoppers on Dec 12, a month after Alibaba Group Holding unit racked up a record 35 billion yuan (US$4 ...More
EJ Insight2013-11-26
... 3 million units in circulation value the bitcoin economy at US$9.3 billion. "Our number of users doubled recently and the growth rate is accelerating," said Gina Jiang, deputy general manager of Shang ...More
EJ Insight2013-11-26
Motor vehicle manufacturer CSR Ziyang Co.Ltd., a unit of CSR Corp. Ltd. (01766.HK, 601766.CN), signed an agreement with the Ministry of Commerce to be exclusively in charge of projects in Turkmenistan ...More
EJ Insight2013-11-25