Shares gained 2% after Sanofi revised down its full-year net income target. The market, it seems, believes the French pharma group has enough in its product pipeline
2013-10-30
Despite its advantages, China harbors a weakness that is quite similar to what has caused so much trouble in the US and Europe: big banks that have an incentive not to be careful. While China may enjoy some years of greater prominence, its encouragemen…
2013-10-30
Joint venture between Westinghouse and SNPTC is part of a bilateral co-operation agreement, and could lead to them tendering for a UK project
2013-10-30
For some Chinese banks in the third quarter, what was recorded as loan impairments may in fact have been their preparation for a bumpier road ahead
2013-10-30
Shenzhen-based game developer Boyaa Interactive plans to launch a HK$1.03 billion ($133 million) IPO at the Hong Kong Stock Exchange. The company intends to sell 184 million shares at HK$4.55 to HK$5.60 per share. In 2011, Sequoia Capital acquired 26.47% of the company through a $6 million investment. Its stake reduced to 23.12% after Boyaa’s […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-10-30
Chinese online travel site Shijiebang says it has completed series A financing. Investors include angel investors led by Yahoo founder Jerry Yang, Fosun Group’s venture capital arm Fosun Venture Capital Investment and U.S.-based ChinaRock Capital Management. The company says it raised funds in "tens of million dollars", but didn't specify the exact amount raised. Previously, […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-10-30
Police say Monday’s attack was carried out by a family of three who all died in the car crash and hold a further five people accused of involvement
2013-10-30
Despite its advantages, China harbors a weakness that is quite similar to what has caused so much trouble in the US and Europe: big banks that have an incentive not to be careful. While China may enjoy some years of greater prominence, its encouragemen…
2013-10-30
CHINA MONEY NETWORK is a Hong Kong-based new media company providing news, insights and data for institutional investors focused on investing in China. China Money Network's services include China Money Podcast, a top-rated in-depth English-language interview show broadcasted online featuring prominent China-focused investment managers. The podcast is hosted by veteran financial journalist, Nina Xiang, and […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-10-30
New York absent as London, Luxembourg, Paris, Frankfurt and Zurich style themselves as rightful European trading hub of Chinese currency
2013-10-30
The author is division chief in the Asia and Pacific department of the IMF, Steven Barnett Less growth in China today will mean higher income in the future. So rather than worry, we should welcome the slowdown in China’s economy. Why? Because by favoring structural reforms over short-term stimulus, China’s leadership is illustrating their commitment […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-10-30
Chinese telecom operator China Unicom published its financial report for the third quarter of 2013 and stated that its operating revenue reached CNY75.9 billion, a year-on-year increase of 19%; and its net profit reached CNY3.06 billion, a year-on-year increase of 51%. During the third quarter of 2013, China Unicom gained about 12 million new 3G […]
2013-10-30
Shanghai-based Chinese online TV and video content provider PPTV says it has reached an agreement with Suning Commerce Group and Hony Capital for a strategic investment. Suning and Hony will invest $420 million in PPTV, of which Suning will put in $250 million for a stake of 44% of PPTV. The deal values PPTV at […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.