China Development Bank has been appointed by the State Council to set up a financial services group dedicated to raising funds for rural housing reform and other welfare housing projects, the 21st Cen ...More
EJ Insight2014-04-04
State Grid Corporation of China, which controls 80 percent of the country's power grid network, is devising plans to open three business segments for private capital following the government’s reform ...More
EJ Insight2014-04-04
Baosteel Group Corp. will issue up to 4 billion yuan (US$644.16 million) of bonds that can be exchanged for shares in New China Life Insurance Co. Ltd. (01336.HK, 601336.CN), according to a regulatory ...More
EJ Insight2014-04-04
Preparations for an international trading board are nearing completion in the Shanghai Free Trade Zone, Shanghai Securities News reported Friday, citing Zhang Yunfeng, general manager of the Shanghai ...More
EJ Insight2014-04-04
Commodity housing inventory in 20 monitored cities rose to 84.01 square meters at the end of March, a five-year high. The figure is up 2 percent from February and 16.3 percent higher than in the previ ...More
EJ Insight2014-04-04
Taikang Life Insurance Corp. Ltd. on Thursday began construction of its retirement community in Shanghai's Songjiang district, the first such investment by an insurer in the Yangtze River Delta region ...More
EJ Insight2014-04-04
Beijing Automotive Industry Holdings Co. (BAIC), China's fifth largest carmaker by sales, is in the market for premium car brands, the Wall Street Journal reported Thursday. The company is focusing it ...More
EJ Insight2014-04-04
Huang Hongsheng, chairman of Nanjing Golden Dragon Bus Co. Ltd., plans to invest 2 billion yuan (US$322.08 million) to build a new energy vehicle research and production base in Wuhan, capital of Hube ...More
EJ Insight2014-04-04
A new trust product has drawn a warning from legal experts over concerns about investor protection, China Securities Journal reported Friday. The product is being sold by cstpay.com which is offering ...More
EJ Insight2014-04-04
Coal seller Shanghai Ace Co. Ltd. (600652.CN) will acquire the entire stake of mobile game developer U9time for 1.18 billion yuan (US$190.05 million), according to regulatory filings released on Frida ...More
EJ Insight2014-04-04
Chinese software developer Kingsoft Corp. (03888.HK) has agreed to buy 31.94 million preferred shares in Xunlei Ltd., a Shenzhen-based firm involved in video downloader software and content business, ...More
EJ Insight2014-04-04
Firms that meet policy requirements and operate in the Pingtan Comprehensive Pilot Zone in Fujian, the Hengqin New Zone in Zhuhai and Shenzhen's Qianhai new area can enjoy preferential corporate tax r ...More
EJ Insight2014-04-04
China Securities Regulatory Commission (CSRC) chairman Xiao Gang {肖鋼} said the regulator will take a step-by-step approach to a registration-based share offering system and and see if a balance betwee ...More
EJ Insight2014-04-04
A former senior executive of Everbright Securities Co. Ltd. (601788.CN) said he should not be held liable for a computer malfunction that triggered abnormal trades in August last year, China Securitie ...More
EJ Insight2014-04-04
Chinese lenders are facing tighter reserve requirements as part of efforts by the banking regulator to contain bad loans, Shanghai Securities News reported Friday, citing unnamed sources. In guideline ...More
EJ Insight2014-04-04
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, April 4: TOP STORIES Sinopec said to eye US$30 billion stake sale ...More
EJ Insight2014-04-04
Ford Motor Co. is gaining market share in China thanks to growing demand for its sport-utility vehicles, the Wall Street Journal reported Thursday. While Focus-size compact cars still are the most pop ...More
EJ Insight2014-04-04
Baidu Inc., China's biggest search engine, has won a third-party payment license, paving the way for its entry to the booming online personal wealth management market, Shanghai Daily reported Friday, ...More
EJ Insight2014-04-04
China's Ministry of Finance (MoF) announced Thursday that it will issue two batches of electronic savings bonds worth up to 40 billion yuan (US$6.5 billion), Xinhua news agency reported. It will mark ...More
EJ Insight2014-04-04
Zillow Inc. will begin providing real-estate listings for a Chinese real-estate portal, giving Chinese investors more access to the U.S. housing market, the Wall Street Journal reported Wednesday. The ...More
EJ Insight2014-04-03
