Having withstood the test of war, the Palestinian unity government that was created less than two months before the conflict began will now become the main vehicle for Gaza’s reconstruction. To succeed, it must design a clear, reasonable, and unified strategy to guide its pursuit of peace, justice, and freedom for Palestine.
2014-09-08
The author is Mark Tinker, head of AXA Framlington Asia The Shanghai Hong Kong Stock Connect pilot program is supposed to kick off in October, which is going to be a tough deadline. We should not lose sight, however, of the huge significance this has for the opening up of the Chinese capital account. But […]
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2014-09-08
Beijing-headquartered Chinese car rental company China Auto Rental is planning to sell 426 million new shares at HK$7.50 to HK$8.50 per share in a Hong Kong IPO, to raise a total of HK$3.62 billion (US$468 million), according to media reports. Asia-focused hedge fund Hillhouse Capital Management, U.S. fund manager Waddell & Reed Financial Inc., U.S. […]
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2014-09-08
After 25 years of development in the Chinese market, Watsons has reportedly opened over 1,800 stores in mainland China and the company plans to increase the number to 2,200 by the end of 2014. As Hutchison Whampoa's retailing flagship and major revenue contributor, Watsons has become one of the largest health and beauty product retail […]
2014-09-08
The author is ANZ greater China chief economist Liu Li-Gang China’s export growth slowed to 9.4% year-on-year in August, down from 14.5% in the prior month, but still remained upbeat, reflecting continuously improving external demand. As the sub-index of imports in the U.S. ISM remained above the expansionary level since November 2012, and the recent […]
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2014-09-08
As Chinese banks implement the Basel III capital requirements, the big five Chinese state-owned banks will raise up to US$20 billion in additional capital by the end of the year, says a report issued by Fitch Ratings. The large volume of capital raising relative to the size of the market could test investors' appetite when […]
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2014-09-08
Russian industrial conglomerate Rostec and Chinese coal producer Shenhua Group have agreed to jointly invest as much as US$10 billion to explore coal deposits in Siberia and the Far East of Russia, develop transport infrastructure and build generating capacities and high-voltage transmission lines for exporting electricity to China, according to an announcement. The CEO of […]
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2014-09-08
China's Alibaba starts selling stakes in its Cayman Island company Alibaba Group Holding Limited today in the United States. In a "Letter From Jack Ma" which was filed last Friday with the Securities and Exchange Commission, Ma "Jack" Yun outlines expectations, caveats, and hopes for armchair investors in his extended family of Chinese e-commerce businesses. […]