In China, there is no industry that is more perplexing than the banking sector. On one hand, commentators and analysts are sounding alarm bells over the business, pointing to several dangers such as t ...More
EJ Insight2014-04-04
... e payment arm of Alibaba, or lowered their ceiling for such transfers to as low as 5,000 yuan (US$800) per transaction. Earlier, there was no limit or the ceiling was much higher. Accordingly, the ban ...More
EJ Insight2014-03-27
... nvestment arm of the CITIC Group, which represents the Chinese government, since the country started to open up its economy in the 1980s. The move to let CITIC Group go public in Hong Kong will help t ...More
EJ Insight2014-03-27
... -commerce arm to focus on online gas and oil sales as well as the traditional business to consumer (B2C) model with the aim of generating 10 billion yuan of transactions this year. A partnership with ...More
EJ Insight2014-03-19
... ystem, an arm of the PBoC, was quoted as saying in a statement Tuesday. New Zealand's currency is the sixth to be directly traded with the renminbi, after the US dollar, Japanese yen, Australian dolla ...More
EJ Insight2014-03-19
... property arm will get HK$6.80 a share, a 32 percent premium to Thursday's closing price. New World China jumped almost 29 percent for the day. -- Contact the writer at [email protected] CG ...More
EJ Insight2014-03-14
... shipping arm are among those that are said to have abandoned plans to raise their shipping charges. -- Contact HKEJ at [email protected] MY/AC/RC ...More
EJ Insight2014-03-13
... -commerce arm -- Tencent E-Commerce Holding Co. -- only in May 2012, noting that a subsidiary structure will offer more flexibility in taking the business strategy to a higher level. In 2006, Tencent ...More
EJ Insight2014-03-13
... struction arm saw the value of new contracts climb 43.3 percent to 161.7 billion yuan in the first two months from a year earlier, the filing showed. -- Contact HKEJ at [email protected] MY/AC/CG ...More
EJ Insight2014-03-12
... vertising arm of Gansu satellite television channel. The deal buys Alibaba a basket of media assets from television production and mobile content to newspapers, magazines and movies. Perhaps more impo ...More
EJ Insight2014-03-12
... marketing arm which owns more than 30,000 gas stations. Reports say the move is part of a major shift that will see Beijing allow private investors to buy more SOEs and their assets to bring more priv ...More
EJ Insight2014-03-05
... ts retail arm A.S. Watson & Co. to raise about HK$34 billion, the Hong Kong Economic Times reported on Jan. 2, citing market sources. “Watson’s will be dually listed as the market capitalization i ...More
EJ Insight2014-02-28
... anhong an arm and a leg. The huge capital expense ate up most of the fund's profit last year. Although, Alibaba seems to be the sole beneficiary of the Yu’E Bao hype at the moment, things could get be ...More
EJ Insight2014-02-27
Poly Culture Group (03636.HK), the culture and auction arm of military-backed conglomerate China Poly Group Corp., began taking retail share orders in Hong Kong Monday to raise up to HK$2.57 billion ( ...More
EJ Insight2014-02-25
... a charity arm of the Hong Kong billionaire, announced a donation of US$130 million to Israel Institute of Technology to help set up a new school called Technion Guangdong Institute of Technology, in s ...More
EJ Insight2014-02-18
China Railway Corp, a commercial arm separated from the nation's former railway ministry, has invited tenders for evaluation of the company's land and assets, a prelude to liquidation of some assets a ...More
EJ Insight2014-02-14
... nvestment arm of China's sovereign wealth fund, was once the second largest shareholder of GCL-Poly. But the fund cut its stake to 4.57 percent from 12.3 percent earlier this month, the second disposa ...More
EJ Insight2014-02-03
Anyone familiar with the auto industry knows that sedans, not coaches or trucks, make a car company. In China, sedans also make fine trophies. Corporates and cadres, businessmen and boys covet the st ...More
EJ Insight2014-01-29
... comm Inc, ARM Holdings and MediaTek Inc. In fact, the US$165 billion in chips China imported in 2013 for computers, communications equipment and data-storage devices outstripped the US$120 billion it ...More
EJ Insight2014-01-29
Alibaba Group’s online payment arm Alipay is expected to launch a new financial product in mid-February, the Securities Times reported Wednesday, citing a company source. The product will be similar t ...More
EJ Insight2014-01-29
