Qihoo to Issue 12.1Mln ADSs in IPO
[2011-03-21]
Qihoo 360 plans to issue 12.1 million American Depositary shares (ADS), after the security software maker’s initial public offering of up to 151 million U.S. dollars is three times oversubscribed.
China ZTE Wins Bid for Malaysia Wireless Network Construction
[2011-03-17]
ZTE Corporation has signed an agreement with Malaysia’s telecom operating giant U MOBILE to deploy a high-speed wireless network across Malaysia.
Zhang Dazhong to Replace Chen Xiao as Gome CEO
[2011-03-09]
Gome’s chairman Chen Xiao will be leaving his post and Zhang Dadazong will take helm at Gome after his departure, sources said. An official statement is expected to be released today.
China Aviation Company AVIC Faces Scrutiny in Buying U.S. Plane Maker
[2011-03-09]
China’s state-run aviation giant, Aviation Industry Corporation of China, is facing U.S. government scrutiny in its proposed purchase of a Minnesota-based small-aircraft maker announced last week.
China's State Web to go Public in June
[2011-03-07]
People.com.cn, the online news portal of the official organ newspaper, The People’s Daily, is eyeing an initial public offering (IPO) as early as in June.
China Banks can survive 30Pct Housing Price Fall: Official
[2011-03-07]
Stress tests have found that Chinese banks are able to withstand a 20~30 percent fall in housing prices, according to a CBRC official.
China Gezhouba Group Suspended a CNY5.54Bln Project in Libya
[2011-03-03]
Some of the companies suffered huge direct economic losses after unrest spread along with attacks and robberies, causing injures to some Chinese employees.
GDB Planning a Dual Listing in Shanghai, Hong Kong
[2011-02-25]
Guangdong Development Bank (GDB), a mid-size national bank, is planning a dual listing in Shanghai and Hong Kong, aiming to raise at least 30 billion yuan, according to sources.
JPMorgan, Fidelity Seek to Enter China via Trust Venture –media
[2011-02-23]
JPMorgan and Fidelity are now seeking to invest in Chinese trust companies as the sector attracts a new wave of foreign investor interest.
Alibaba to Make $1.7Mln in Compensation to Fraud Victims
[2011-02-22]
China’s biggest electronic-commerce company said today it will pay 1.7 million U.S. dollars in compensation to more than 2,200 victims in the latest supplier frauds that prompted the chief executive officer to quit.
China Everbright Bank to Conduct Hong Kong IPO This Year
[2011-02-21]
China Everbright Bank will issue no more than 12 billion shares in Hong Kong, the bank announced Sunday.
China Sets to Regulate Rare-Earth Industry with Reasonable Quota
[2011-02-17]
China sets to further regulate the rare earth industry by imposing more restrictions on mining and production while setting a “reasonable” export quota over the next five years
Huawei’s U.S. Patent Purchase Hindered by Security Review
[2011-02-15]
A patent purchase by Huawei, China’s largest telecom company, was held back by U.S. security review with a U.S. panel asking the company to divest itself of a small technology company it bought in May.
China Sets Rare Earth Mining Zones to Tighten Regulation
[2011-02-11]
China has recently laid out the first group of 11 regions for rare earth mining, highlighting its effort to strengthen regulation on the precious minerals.
PetroChina to Buy Canadian Gas for $5.4Bln
[2011-02-10]
PetroChina has agreed to pay C$5.4bn (US$5.4bn) for a 50 percent stake in a large natural gas field in western Canada owned by Encana,
Year of the Rabbit May Bring More U.S. Opportunities for Chinese Investors
[2011-01-28]
Fortunately for Chinese investors, 2011 is not an election year and thus the political wildcard is less likely to come into play.
ICBC to Acquire 80Pct Stake in Bank of East Asia Network
[2011-01-24]
Industrial & Commercial Bank of China Ltd., has agreed to acquire 80 percent of stake in Bank of East Asia Ltd.’s U.S. operations, the first foray into the U.S. market.
CNHTC Jinan Truck's Unit Involved in Qilu Bank Fraud
[2011-01-13]
CNHTC Jinan Co Ltd. said on Thursday a subsidiary was involved in the Bank of Qilu's commercial paper fraud that could threaten the repayment of 500 million yuan worth of deposits.
China will Continue with Rare Earth Supply, Says Li Keqiang
[2011-01-07]
Though China controls just 36 percent of the world’s rare earths reserves, it supplies 97 percent of global demand.
China to Cast a Broader Regulatory Net over Rare Earth Industry
[2010-12-29]
China’s first rare earth waste emission standard is expected to be put into effect in 2011;an ad valorem tax is likely.
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