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China, New Zealand start direct currency trading, WSJ says

... 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

HSI down as tech plays slump on virtual credit card ban

...  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

Container shipping firms drop price-hike plans, paper says

...  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

Is JD.com the answer to Tencent's e-commerce struggle?

... -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

CSCEC Feb contracted sales down 48.12%, filing says

... 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

Alibaba goes to the movies -- is it the hottest ticket in town?

... 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

Removing the SOE stigma

... 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

Li says his net worth underestimated by 40% in past decade

... 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

Why is Alibaba's fund partner losing money?

... 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 aims to raise HK$2.57 bln in HK IPO, paper says

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

Israel aims to be next hotspot for Chinese investors

... 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 gearing up for some asset sale, paper says

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

Are the dark days finally over for GCL-Poly?

... 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

Sedan bandwagon ride can cost an arm and a leg

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

Rewiring China chip makers to take on the world

... 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

Alipay to launch new financial product in Feb, paper says

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

Taiwan's CTBC to buy CITIC Bank unit for NT$20 bln, paper says

CTBC Bank Co. Ltd., the banking arm of Taiwan’s CTBC Financial Holding Co. Ltd., plans to buy all the shares of CITIC Bank International (China) Ltd., a wholly owned subsidiary of CITIC International ...More

EJ Insight2014-01-28

Thief drains 100 mln yuan from Jiugui Liquor unit, filing says

... tribution arm found in December that the money -- equivalent to nine months of income for the unit -- had been taken from its account at the Hangzhou branch of Agricultural Bank of China Ltd. (01288.H ...More

EJ Insight2014-01-28

Next stop Singapore for Chinese brokers

...  offshore arm of China's No. 2 broker, is among those following the opportunities south. It announced Jan. 22 that it had secured stock and future broking licenses in Singapore, its first overseas ope ...More

EJ Insight2014-01-27

Fosun to buy Portugal insurer in privatization, filing says

Fosun International Ltd. (00656.HK) has won the bid in the privatisation of Caixa Seguros e Saúde SGPS S.A., the insurance arm of Portugal’s state-owned bank Caixa Geral de Depositos, S.A., according ...More

EJ Insight2014-01-10

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