Singles Day sales at T-mall.com, Alibaba Group's business-to-consumer (B2C) online mall, broke the previous full-day record of 19.1 billion yuan (US$3.13 billion) in just 13 hours after the annual pro ...More
EJ Insight2013-11-12
The China Beijing Equity Exchange has unveiled an art trading platform, Xinhua news agency reported late Monday, citing a company statement. The first batch of art pieces selling on the platform are 3 ...More
EJ Insight2013-11-12
Chinese realty juggernaut Vanke (000002.CN, 200002.CN) confirmed last week that it will play a key role in Huishang Bank's {徽商銀行} (03698.HK) initial public offering. The Economic Observer said it just ...More
EJ Insight2013-11-11
What's wrong with sending greeting cards? A lot of things, if you're a government official or a boss at a state-owned enterprise, according to the Communist Party's anti-graft watchdog. On Nov. 1, th ...More
EJ Insight2013-11-11
Hong Kong’s benchmark index ended the week on a fifth straight day of declines as investors waited for Saturday's start to a key Communist Party gathering and fretted that economic growth could mean t ...More
EJ Insight2013-11-08
Premier Li Keqiang {李克強} has urged local governments to stop making direct investments in companies or meddling with their day-to-day operations, the official Xinhua news agency reported on Friday. Sp ...More
EJ Insight2013-11-08
Delisting is a very real threat for China COSCO Holdings Co. Ltd. (01919.HK, 601919.CN) after being in the red for the past two years. The last thing it needs is a government investigation involving a ...More
EJ Insight2013-11-08
Under a new nationwide pricing mechanism designed to reduce water wastage, China will make heavy users of the vital resource pay more, a senior official reiterated Thursday. Guo Jianying {郭劍英}, deputy ...More
EJ Insight2013-11-08
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Nov. 8: TOP STORIES Hong Kong Monetary Authority buys 50 percent s ...More
EJ Insight2013-11-08
Premier Li Keqiang {李克強} said the government will keep economic growth within a reasonable range while pursuing reform, state-backed web portal www.gov.cn reported Thursday. The economy is so big any ...More
EJ Insight2013-11-08
China's old reputation as the world's factory no longer holds true as rising wages and lack of workers with adequate skills are prompting some global manufacturers to relocate to other countries in As ...More
EJ Insight2013-11-08
Will Chinese rulers bite the reform bullet? As China's top leaders prepare for a key party meeting this week, there are hopes Beijing will lower entry barriers and further ease administrative approval ...More
EJ Insight2013-11-08
Just in March, Wahaha Group boss Zong Qinghou {宗慶后} swore in an interview that he would never again try to enter the market of Baijiu, a kind of Chinese distilled spirits, even if a great opportunity ...More
EJ Insight2013-11-07
Premier Li Keqiang {李克強} said China's rural reform has entered a new phase and that more initiatives are necessary to facilitate agricultural modernization, according to information posted on the gove ...More
EJ Insight2013-11-07
Liu Mingkang {劉明康}, former head of the China Banking Regulatory Commission (CBRC), said financial reform should be rolled out nationwide by the central government instead of stemming from a trial prog ...More
EJ Insight2013-11-07
The gathering will be in Beijing but all eyes will be on Shanghai and the future of its free trade zone when the leaders of China's ruling party assemble for a four-day direction-setting meeting from ...More
EJ Insight2013-11-07
Financial reform should be rolled out nationwide by the central government instead of stemming from a trial program in any single city, Phoenix Television reported Wednesday, quoting former China Bank ...More
EJ Insight2013-11-06
When an insider offloads shares, the market tends to react negatively. So, it came as a surprise when Hengan International (01044.HK) held up rather well after executive director and main shareholder ...More
EJ Insight2013-11-06
As per convention, Premier Li Keqiang {李克強} has delivered an economic report card to the All China Federation of Trade Unions, an affiliated organization of the ruling party. In an address to the work ...More
EJ Insight2013-11-06
Just as Alibaba Group boss Jack Ma {馬雲} was regaling Premier Li Keqiang {李克強} last Thursday with examples of his e-commerce platforms' achievements, the brick-and-mortar malls hit back. The China Nati ...More
EJ Insight2013-11-06
