2014-10-31
Fears that subversive outfits could crop up under the guise of celebration costumes
2014-10-31
Dairy giant Danone SA has agreed to acquire a 25% stake in Chinese milk powder maker Yashili International Holdings Ltd. for €437 million (US$550 million), according to a company announcement. Danone is to subscribe shares of the Hong Kong-listed Yashili at a price of HK$3.70 per share in a private placement deal. As part of […]
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2014-10-31
Beijing-based online-to-offline (O2O) car maintenance service provider Ebaoyang.cn has received US$5 million series A financing led by Source Code Capital, a Chinese angel and venture investment firm, according to Chinese media reports. Gao Feng, co-founder and CEO of Ebaoyang.cn, says that the capital will be used to update the company's hardware and software facilities, and expand […]
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2014-10-31
London Stock Exchange-listed oil and gas exploration and production firm Salamander Energy says it was approached by a consortium led by Hong Kong-based private equity firm Jynwel Capital and Spanish oil and gas company Compañía Española de Petróleos to acquire the company, according to a regulatory filing. Salamander Energy, based in London and mostly operates […]
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2014-10-31
Chen Yizhou, chief executive officer of Renren, says the company is planning to sell some non-core businesses to improve their profitability and they are also considering investment and expansion opportunities in America and Hong Kong. Chen revealed during an interview with local Chinese media that under the current model it is hard for the company […]
2014-10-31
Poor governance may erode the impact of China’s financial firepower
2014-10-31
Beijing’s internet tsar says his country is the world’s biggest victim of the practice
2014-10-31
Saint-Gobain Aerospace has been approved by the Civil Aviation Administration of China for the test, inspection and repair of radomes and fuselage components for civil aircraft. Radomes are radar transparent structures that house the critical weather radar system for aircraft. The repair of radomes requires specialized repair processes to assure that the radome will function […]
2014-10-30
While business no longer knows any borders, taxation has remained stuck in the era of the nation-state. The resulting tensions between fiscal sovereignty and globalization can be resolved only through international standards and regulation.
2014-10-30
China's State Council announced new policies to support consumption and residential property demand. These measures are in line with the expectation that Beijing will roll out more targeted easing measures in the coming weeks to bolster the launch of the Shanghai Hong Kong Stock Connect and the APEC conference in November, says a research report […]
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2014-10-30
The 2.2% appreciation in the RMB since May suggests that capital inflows into China remain strong, and the authorities will likely use administrative measures to clamp down on any speculative behavior in the future, says a research report issued by the Australia and New Zealand Banking Group Limited (ANZ). When China’s forex reserves data for […]
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2014-10-30
China Everbright Limited (CEL), the Hong Kong-listed financial services arm of China Everbright Group, says it has established a RMB7.5 billion (US$1.23 billion) investment fund to back one major property project in suburban Beijing, according to a company announcement. The fund is initiated by Everbright Ashmore, a subsidiary of CEL that focuses on private equity […]
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2014-10-30
China Everbright Limited (CEL), the Hong Kong-listed financial services arm of China Everbright Group, says it has established a RMB7.5 billion (US$1.23 billion) investment fund to back one major property project in suburban Beijing, according to a company announcement. The fund is initiated by Everbright Ashmore, a subsidiary of CEL that focuses on private equity […]
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2014-10-30
Credit impact boosts property bonds as developers seek out funding alternatives
2014-10-30
China ranks as the largest manufacturer of wind and solar equipment in the world, and is also the largest demand market for the two industries, according to a research report jointly released by U.K.'s the Department for International Development, the Inter-American Development Bank Group and the Bloomberg New Energy Finance. China has invested US$54.5 billion […]
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2014-10-30
Following the Fourth Plenum, the Communist Party of China leased a document on the rule of law, which sets out a comprehensive blueprint to uphold the authority of China's Constitution and laws. The challenge of fully implementing the reforms, however, is enormous. It could be harder than many economic reforms, says a research report by […]
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