Date
20 January 2019

Industries

  • Sizing up the Hydra of local govt debt

    Dec 10, 2013 8:04am
    Only one thing is certain about the size of local government debt on the mainland: it’s big enough to worry investors. Nobody really knows how much money is involved but the National Audit Office (NAO) put...
  • Regulator bans Korea antibiotic products, Xinhua says

    Dec 10, 2013 8:00am
    China’s drug watchdog has banned a set of injectable antibiotic products from a South Korean pharmaceutical company following its refusal to accept spot checks, Xinhua news agency reported Monday, citing a statement from the China Food and Drug...
  • China remote-sensing satellite fails to enter orbit, Xinhua says

    Dec 10, 2013 7:43am
    China’s high-resolution remote-sensing satellite Ziyuan I-03 failed to enter orbit after its launch Monday, Xinhua news agency reported, citing military sources. “The rocket malfunctioned during the flight, and the satellite failed to enter orbit,” a source said,...
  • Govt unveils subsidy program for scrapping old ships, paper says

    Dec 10, 2013 7:41am
    China’s Ministry of Transport, along with three other ministries, has rolled out a subsidy program to encourage the replacement of old shipping vessels and oil tankers, the China Securities Journal reported Monday. Under the program, authorities...
  • Hebei section of water project completed, Xinhua says

    Dec 10, 2013 7:06am
    A key section of China’s water diversion project across arid Hebei province has been completed, Xinhua news agency reported on Monday. The project, one of the country’s largest infrastructure endeavors, will take water from the wet south...
  • Govt issues new rules on solar power operations, Xinhua says

    Dec 10, 2013 6:58am
    The National Energy Administration has unveiled new measures on solar energy-related operations in a bid to boost power supply and facilitate the healthy development of the sector, the official Xinhua news agency reported Monday, citing a statement...
  • China Mobile Games will boost its market share through strategic partnerships with other firms

    INTERVIEW: CMGE to play angel investor for small game developers

    - Dec 10, 2013 6:45am
    China Mobile Games and Entertainment Group Ltd. (CMGE.US), a unit of Hong Kong-listed VODone Ltd. (00082.HK), will focus more on angel fund investment in the smaller players in the industry, looking beyond organic growth to boost its...
  • Everbright Bank sees improved CAR after IPO

    Dec 9, 2013 6:45pm
    China Everbright Bank Co. Ltd. (06818.HK) expects its capital adequacy ratio (CAR) and core CAR to increase by 1 percentage point after its Hong Kong initial public offering, senior executive vice president Lin Li said Monday....
  • CSR lands 2 bln yuan Shenzhen subway deal, CNS says

    Dec 9, 2013 2:46pm
    CSR Zhuzhou Electric Locomotive Co., Ltd., a unit of CSR Corp. Ltd. (01766.HK, 601766.CN), has won a 2 billion yuan-plus (US$328.99 million) contract from Shenzhen’s metro operator to supply subway cars, China News Service reported on...
  • Alibaba Group investing HK$2.82 bln in Haier, report says

    Dec 9, 2013 2:46pm
    Alibaba Group will invest HK$2.82 billion (US$363.69 million) in home appliance maker Haier Electronics Group Co. Ltd. (01169.HK, 600690.CN), news portal Qq.com reported Monday, citing a statement from the Chinese e-commerce giant. About HK$1.86 billion will...
  • CSRC Shenzhen branch to set up shop in Qianhai, paper says

    Dec 9, 2013 11:16am
    The China Securities Regulatory Commission has given its Shenzhen bureau approval to set up an office in Qianhai’s new service industry zone to oversee the zone’s capital market and promote reforms in the securities and futures sector,...
  • Probe into Wall St hiring practices in China widens, report says

    Dec 9, 2013 11:08am
    Regulators in the United States have widened their investigation into the hiring practices of leading Wall Street firms in China, Bloomberg News said Monday, citing a report by the New York Times. Goldman Sachs Group Inc., Deutsche...
  • Tianjin mulls car purchase limits, paper says

    Dec 9, 2013 10:58am
    Tianjin is set to unveil car purchase limits to curb the rapid rise in motor vehicle population in the city, China Daily reported Sunday, citing the city’s deputy mayor Yin Hailin. Yin said in a television...
  • Kenya, Fenxi Mining to sign coal deposits pact, Bloomberg says

    Dec 9, 2013 10:37am
    Kenya plans to sign an agreement with Fenxi Mining Industry Co. of China to develop a coal deposit of 400 million metric tons, ending a two-year delay and enabling the government to tender 31 more blocks, Bloomberg...
  • Retailers rush to catch the 4G wave

    Dec 9, 2013 10:25am
    With Chinese authorities granting 4G licenses to the nation’s big three telecom carriers, retailers are among those scrambling to grab new business opportunities.  Suning Commerce Group (002024.CN), for example, is said to be upgrading its logistics...
  • Shanghai lifts air pollution alert, report says

    Dec 9, 2013 10:21am
    Shanghai on Sunday lifted its air pollution alert as heavy smog that had lasted for days started to clear, Xinhua news agency reported. The city remained hazy on Sunday morning but the city’s weather center said the...
  • Jiangsu’s big polluters told to quit or cut back, paper says

    Dec 9, 2013 10:15am
    Local governments have ordered shutdowns and cutbacks since Thursday at a number of heavy-industry firms based in Nanjing, Changzhou and several other cities in Jiangsu province, National Business Daily reported Monday, citing measures published by the...
  • Leaders hail progress in water project, Xinhua says

    Dec 9, 2013 10:14am
    China’s leaders applauded progress on the south-to-north water diversion project and called for further efforts to ensure the success of the remaining work, Xinhua reported Sunday. The first stage of the eastern route, costing more than 50...
  • Environmental protection firms mull private bank, paper says

    Dec 9, 2013 10:02am
    A group of listed Chinese firms from the environmental protection sector is considering establishing a private bank, the China Securities Journal reported over the weekend, citing business insiders. The bank will mainly serve firms involved in...
  • China, France to jointly tap nuclear power market, paper says

    Dec 9, 2013 9:53am
    China and France will team up to explore prospects in third-party nuclear energy markets, China Daily reported Saturday, citing Premier Li Keqiang. Li made the statement Friday during a visit by French Prime Minister Jean-Marc Ayrault. Li also...

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