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CITIC Pacific may complete asset purchase from parent next month

... he listed arm also aims to disclose by June 15 the second batch of investors who will purchase its new shares to fund the acquisition, Chang added. Fifteen investors, including eight funds and institu ...More

EJ Insight2014-06-04

LINE confident of taking market share from Weixin

... ecurities arm of HSBC Holdings previously estimated that the valuation of Weixin would reach US$65 billion, way higher than Facebook's acquisition on Whatsapp at US$19 billion, Economic Times said. As ...More

EJ Insight2014-06-03

Tycoon Li steps up campaign against electricity import proposal

... ectricity arm earlier this year. "Our subsidiary Hongkong Electric has a reliability of 99.9998 percent, which means the chance of a blackout is just one minute per year. The reliability of mainland p ...More

EJ Insight2014-05-28

Li Ka-shing unit eyes stem-cell meat horizons

The private investment arm of Hong Kong tycoon Li Ka-shing could be gearing up to invest in eco-friendly tissue engineering technology to grow meat and animal hides, the Hong Kong Economic Journal rep ...More

EJ Insight2014-05-26

Internet of cars: Tech giants' latest battlefield

... nvestment arm of the Finnish firm. Nokia is a far smaller company after selling its phone business to Microsoft. The group's mainstream revenues now come from networking, mapping and location services ...More

EJ Insight2014-05-22

Taiwan expert becomes China’s pig feedgrain king

... nvestment arm of the World Bank, is considering a loan of US$20 million and equity investment of US$15 million in the company’s research unit at its mainland headquarters in Taicang, Jiangsu province. ...More

EJ Insight2014-05-20

CNR cuts share offering target to US$1.2 billion

... 's retail arm A.S. Watson Co. opted to sell a minority stake to Singapore state investment firm Temasek Holdings Pte. rather than list in the city and London as planned.  Hong Kong also lost Alibaba G ...More

EJ Insight2014-05-16

Fosun buys Japan property management firm IDERA

... insurance arm of Portuguese state bank Caixa Geral de Depositos, the report said. Fosun used its Hong Kong-listed unit, Fosun International Ltd. (0656.HK), to buy IDERA, which managed ¥160 billion (US ...More

EJ Insight2014-05-16

Wanted: Career keeper to pander to pandas

Some people would give their right arm to work with giant pandas but now one research center is offering a top salary, food, housing and a company car to fill a job as a keeper for the national treasu ...More

EJ Insight2014-05-12

Hong Kong's new fashion code for children

... on-profit arm Let’s Code to expand the program through tie-ups with schools and communities. The English-based classes don't come cheap at HK$300 per hour. Parents have been worried in the past about ...More

EJ Insight2014-05-07

Food sector deals herald new China M&A wave

A couple of restaurant deals are in the news this week, reflecting the big potential of China's dining-out market as consumer tastes broaden beyond fast-food. One deal has an investment arm of luxury ...More

EJ Insight2014-05-07

LVMH gets a big serving of xiaolongbao

LVMH Moet Hennessy Louis Vuitton got hungry and took a big bite out of Asia's catering sector. L Capital Asia, the private-equity arm of the French luxury goods giant, announced on Wednesday the acqui ...More

EJ Insight2014-05-02

China Resources finance unit chief 'in detention'

The head of the financial arm of the China Resources group has been detained, after the sacking of the group's former chairman, the Hong Kong Economic Journal reported Friday, citing mainland media.   ...More

EJ Insight2014-04-25

PetroChina Chongqing official said to be under probe

Li Jianhua, chief accountant at the Chongqing unit of PetroChina Marketing Co. Ltd., the sales arm of PetroChina Co. Ltd. (00857.HK, 601857.CN), was taken way from office in early March by officials f ...More

EJ Insight2014-04-16

WH Group said to seek up to US$4.2 bln in Hong Kong IPO

... te-equity arm and Singapore state investment firm Temasek Holdings. -- Contact HKE at [email protected] RC ...More

EJ Insight2014-04-10

ICBC Asia plans to offer higher rates to lure yuan deposits

... Hong Kong arm of ICBC (01398.HK, 601398.CN) said Tuesday. This comes after HSBC Holdings Plc. (00005.HK) offered record-high yields of as much as 3.8 percent interest per annum for yuan time deposits ...More

EJ Insight2014-04-09

The banking allure: Is it really so strange?

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

Yu'E Bao steps on the tail of the mighty banking dragon

... 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

The Big Picture: CITIC GROUP

... 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

E-commerce giants eye gas stations for offline push

... -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

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