President Xi Jinping has set up a special unit to investigate a scandal surrounding retired leader Zhou Yongkang, the South China Morning Post reported Monday. The panel will be headed by a senior pol ...More
EJ Insight2013-10-21
... p) Co., a unit of COFCO Corp., China's biggest state-owned food conglomerate. COFCO is Mengniu's largest shareholder. In June, Mengniu paid roughly HK$12.5 billion (US$1.61 billion) for a 75.3 percent ...More
EJ Insight2013-10-21
The culture and auction business unit of state-owned conglomerate Poly Group is preparing for listing in Hong Kong after abandoning its initial public offering in Shanghai amid regulatory uncertaintie ...More
EJ Insight2013-10-18
... 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 Insight2013-10-18
... roposed a unit price of US$1.27 million and further lowered it to US$1.05 million, while prices offered by companies including France's Alstom and China CNR stood at more than US$2 million per car. Th ...More
EJ Insight2013-10-17
Alipay, the online payment unit of Alibaba Small and Micro Financial Services Group, will launch an e-wallet service for mobile phone users later this month so account holders can buy goods at vending ...More
EJ Insight2013-10-17
Bank of Communications Financial Leasing Co. Ltd., a subsidiary of Bank of Communications Ltd. (BOCOM) (3328.HK, 601328.CN), said its air travel leasing unit will begin operations in the Shanghai Free ...More
EJ Insight2013-10-16
Sinochem unit Franshion Properties (China) Ltd. (00817.HK) will spend about 17.44 billion yuan (US$2.85 billion) to develop an "international service and technology innovation city" project in Changsh ...More
EJ Insight2013-10-16
... 21.HK), a unit of Thai conglomerate Charoen Pokphand Group, have entered into a framework agreement for Wumart to buy 36 stores in Beijing, Shanghai and other centers from C.P. Lotus. Wumart will also ...More
EJ Insight2013-10-16
... ompany, a unit of Ping An Insurance (Group) Co. of China Ltd. (02318.HK), was found negligent in its audit of Wanfu Biotechnology (Hunan) Agricultural Development Co. Ltd. (300268.CN) prior to an init ...More
EJ Insight2013-10-15
China Eastern Airlines Corp. Ltd. (00670.HK, 600115.CN) plans to transform its air cargo business into a logistics unit that will serve as an intermediary between service providers -- including distri ...More
EJ Insight2013-10-14
China Power International Development Ltd. (02380.HK), a listed unit of China Power Investment Corp., one of the country's top power-generating groups, is the latest electricity producer to report ord ...More
EJ Insight2013-10-14
... 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 0.08 ...More
EJ Insight2013-10-14
... mall-loan unit into a fully functioning bank with backing from the provincial government of Hunan, its home base. The company’s share price recorded a 60 percent gain in September following talk that ...More
EJ Insight2013-10-11
A subsidiary of Hong Kong-based developer K Wah Group on Thursday acquired a residential plot in Shanghai for 568 million yuan (US$92.88 million), representing a premium of 63 percent over the base pr ...More
EJ Insight2013-10-11
... ption per unit of gross domestic product (GDP) by 16 percent from 2010 levels by the end of 2015. Only 5.5 percent, or 30 percent of the target, has been cut. In the first half, energy consumption per ...More
EJ Insight2013-10-11
Beijing Telecom, a unit of China Telecom Corp. Ltd. (00728.HK), has cut the price of iPhone 5s by 5.7 percent, the first such move after the debut of Apple Inc.'s latest smartphone model amid fierce c ...More
EJ Insight2013-10-11
... ng the US unit extend product offerings and increase sales channels in China, Smithfield chief executive Larry Pope said. Shuanghui will increase Smithfield's exports to China to boost its sales, and ...More
EJ Insight2013-10-10
... cturer by unit sales in 2012. ZTE's exclusive distributor, MSI-ECS Philippines, Inc., said the Chinese phones will not be competing in the market with local brands. "Our phone is comparable to high-en ...More
EJ Insight2013-10-10
Solar company Shunfeng Photovoltaic International Ltd. (01165.HK) is bidding for a stake in a key unit of troubled Suntech Power Holdings Co., once the world’s largest solar panel maker, Shanghai Dail ...More
EJ Insight2013-10-10
