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The Big Picture: ONLINE FINANCE

... ing opportunities of online financial business. Moreover, other internet and non-financial companies are considering similar forays into online fund management services, which offer huge business pote ...More

EJ Insight2013-10-10

BYD gets a good start in Taiwan

BYD Co. Ltd. (01211.HK) has received a purchase order for more than 1,500 e6 taxi units from Taiwan, perhaps the biggest order for its pure-electric vehicles outside its home turf of Shenzhen. Due to ...More

EJ Insight2013-10-09

Shenyang Chemical to buy Bluestar unit, filing says

Shenyang Chemical Industry (000698.CN) said it will pay 705 million yuan (US$115.21 million) to buy a polyether polyol unit from China National Bluestar (Group) Co. Ltd., according to a regulatory fil ...More

EJ Insight2013-10-08

A tale of two record land auctions

... ment. The unit price of the plot works out to 37,256 yuan, slightly above the current average. The site will be developed into a mega urban complex comprising shopping malls, office towers, hotels and ...More

EJ Insight2013-10-08

Central bank sets RMB midpoint firmer at 6.1415

... 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 0.03 ...More

EJ Insight2013-10-08

Beijing new-home sales up 58.4% in September, CNR says

Sales of new homes in Beijing rose 58.4 percent to 13,279 units in September from the previous month, China National Radio reported Sunday, citing data from the Beijing Municipal Commission of Housing ...More

EJ Insight2013-10-07

Sina Weibo won't find it easy to match Twitter in valuation

... the Weibo unit in April and Sina's projected 2013 earnings. Before rushing to take advantage of the valuations gap, investors should note that Weibo is both alike and different from Twitter. Both of t ...More

EJ Insight2013-10-07

China developer plans London Crystal Palace rebuild, report says

A unit of Shanghai Zhongrong Property Group Co. Ltd. has decided to invest 500 million pounds (US$810 million) rebuilding London’s Crystal Palace, a glass and iron commercial hub that burned down in 1 ...More

EJ Insight2013-10-04

BYD unscathed by Tesla Model S fire

...  charging unit problem earlier this year, but the counter bounced back quickly on the back of improving operating results and the Chinese government's fresh new-energy car subsidies. In year to date, ...More

EJ Insight2013-10-03

Far Eastern unit may invest in Bank of Chongqing IPO, paper says

Far Eastern International Bank Co. Ltd., the banking arm of Taiwan's Far Eastern Group, is expected to raise NT$5 billion (US$168.95 million) through a private share placement or global depositary rec ...More

EJ Insight2013-10-03

BYD's K9 e-bus awarded Taiwan license, paper says

Taiwan's Miaoli Motor Transportation Co., Ltd. has ordered three K9 electric buses from the local unit of mainland carmaker BYD Co. Ltd. (01211.HK, 002594.CN) after the island’s Vehicle Safety Certifi ...More

EJ Insight2013-10-03

Steel giant totally unexcited about govt's M&A push

... he Ningbo unit losing some of its flexibility in responding to market conditions. Rather than keep on talking about tax concessions and loan interest subsidies, the government's M&A push will be m ...More

EJ Insight2013-10-02

Hutchison Whampoa may spin off Watsons, paper says

Hutchison Whampoa Ltd. (00013.HK) may spin off its retail unit Watsons and list it on the Hong Kong stock exchange's main board after the sale of the conglomerate's ParknShop grocery chain, the Hong K ...More

EJ Insight2013-10-02

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