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Hon Hai telecom unit seeks strategic partners, report says

Terry Guo, chairman of Taiwan's Hon Hai Precision Industry Co. Ltd., said Thursday that the group's telecom subsidiary Ambit Microsystems Corp. is seeking strategic partners after winning a 4G telecom ...More

EJ Insight2013-11-01

Alibaba unit extends 20.8 bln yuan of loans in 3Q

Alibaba's micro lending unit extended 20.8 billion yuan (US$3.4 billion) of loans to about 303,000 small and microcompanies in the third quarter, news portal China.com.cn reported Thursday. Shanghai, ...More

EJ Insight2013-10-31

BOE Tech may invest in Bank of Chongqing IPO, filing says

... Hong Kong unit of BOE, according to the filing. Bank of Chongqing is expected to set its IPO price on Thursday, according to a Yicai.com report. -- Contact HKEJ [email protected] TL/AC/RC   ...More

EJ Insight2013-10-30

May take 2-3 years to get Korea unit into shape, StanChart says

Standard Chartered Plc. (02888.HK) believes it will take two to three years to get its South Korea business "into shape," group finance director Richard Meddings told a media teleconference on Tuesday ...More

EJ Insight2013-10-29

Europe sees 163% rise in RMB customer payments, SWIFT says

... dely used unit for global payment. Yuan-denominated payments expanded 4.6 percent in terms of value last month, well above the 1.2 percent growth for all payments currencies, according to Belgium-base ...More

EJ Insight2013-10-29

Taiwan Cement China unit profit seen surging in 4Q, paper says

The mainland operations Taiwan Cement Corp. (TCC), the parent of TCC International Holdings Ltd. (01136.HK), are expected to report a net profit of 330 million yuan (US$54.23 million) for the third qu ...More

EJ Insight2013-10-29

Property firms see new market in nursing homes, WSJ says

... s Cascade unit had also joined forces with Shanghai Shengyuan Development Co. for a facility in Shanghai's Xuhui district and it is planning another one with the same local partner in the city's Pudon ...More

EJ Insight2013-10-29

Taiwan clears Xiaomi proposal with conditions, paper says

Chinese mobile phone maker Beijing Xiaomi Technology Co. has been given the nod Monday by Taiwan's Ministry of Economic affairs to set up a unit on the island for sales and maintenance business of its ...More

EJ Insight2013-10-29

Sinopec taps into shale gas from test wells, paper says

...  Jianghan unit has more than doubled its 2015 output target for the key shale area of Fuling in the southwestern region after successful pilot drilling, hoping to cut costs through measures such as dr ...More

EJ Insight2013-10-29

Realty sector rolling in dough as Shanghai FTZ craze catches on

The unit price of a nondescript office building in Waigaoqiao {外高橋}, Shanghai’s faraway suburban district that is close to virtually nothing but some container berths, can skyrocket almost threefold w ...More

EJ Insight2013-10-29

Tianjin shuts, halts 440 heavy polluters, Xinhua says

... sions per unit of output in key industries, including thermal power and cement, to fall 30 percent by 2017 from levels seen in 2012, the report said. The energy used per unit of output is also expecte ...More

EJ Insight2013-10-28

Xiaomi seeks to set up sales unit in Taiwan, paper says

Chinese mobile phone maker Beijing Xiaomi Technology Co. has submitted an application to Taiwan's Ministry of Economic affairs for permission to set up a phone wholesale and retail unit on the island, ...More

EJ Insight2013-10-28

BYD targets 5% of Hong Kong taxi market in two years, agent says

Electric car manufacturer BYD Co. Ltd. aims to grab a 5 percent share of Hong Kong's 18,000-unit taxi market in two years, according to its dealer Sime Darby New Energy Motors. “Many of the vehicles i ...More

EJ Insight2013-10-25

Taiwan lender aims to seal rural ABC deal next year, paper says

Taiwan Cooperative Bank Ltd. has sent a team of senior executives to negotiate the purchase of a stake in ABC Xiamen Tongan Rural Bank Ltd., a unit of Agricultural Bank of China Ltd. (ABC) (01288.HK, ...More

EJ Insight2013-10-23

Could China high-speed rail technology compete overseas?

... , but the unit price of a Chinese high-speed train is half that of its Japanese competitor. -- Contact the writer at [email protected] RA   ...More

EJ Insight2013-10-23

Central bank sets RMB midpoint firmer at 6.1330

... 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 eased 0.02 ...More

EJ Insight2013-10-23

Small fry Xiami has big online music ambitions

...  Hao, the unit's chief executive and founder, told EJ Insight. And that number is expected to grow exponentially with the launch of tie-ups in November with Alibaba's shopping platforms, he said. "We ...More

EJ Insight2013-10-23

China Mobile unit gets over 25,000 4G registrations, CNS says

... Guangdong unit has begun using 8,100 TD-LTE 4G base stations in Guangzhou and Shenzhen, and is planning to add another 20,000 such stations to provide full coverage over the entire province, it said. ...More

EJ Insight2013-10-21

SinoPac quizzed over cross-strait trading center, paper says

Taiwan’s Financial Supervisory Commission has asked SinoPac Financial Holdings Co. Ltd. to explain the investment made by its venture capital unit in a planned cross-strait equity trading center in Xi ...More

EJ Insight2013-10-21

Central bank sets RMB midpoint firmer at 6.1352

... 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 Insight2013-10-21

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