Date
29 February 2020

Industries

  • China Mobile ad stokes iPhone speculation, Reuters says

    Oct 31, 2013 8:41am
    China Mobile Ltd. (00941.HK) has put an advert for the faster 4G mobile network on its website, raising expectations that a long-awaited distribution deal between the world’s largest mobile carrier and Apple Inc. may be announced...
  • US vows cooperation with China on nuclear projects, Reuters says

    Oct 31, 2013 8:34am
    The United States is committed to working with China on the development of new nuclear reactors in both countries and will also encourage joint bids for projects elsewhere, Reuters quoted US Energy Secretary Ernest Moniz as...
  • 333734_180f4b881a1967d961285c5840ed81f3.jpg

    The Big Picture: HOUSING SUPPLY

    - Oct 31, 2013 8:32am
    Chinese President Xi Jinping’s pledge to accelerate housing supply, especially affordable housing, could be bad news for property developers such as China Vanke Co. Ltd. and Country Garden Holdings Co. Ltd. Although affordable housing and private...
  • China Resources wins Hangzhou site for 842 mln yuan, report says

    Oct 31, 2013 8:19am
    China Resources Enterprise Ltd. (00291.HK) on Wednesday won a commercial land plot in Hangzhou’s Xiaoshan district for 842 million yuan (US$138.17 million), news website caijing.com reported. The deal was undertaken through a subsidiary. The plot, which measures 51,400...
  • Taiwan excludes mainland firms from core 4G deals, paper says

    Oct 31, 2013 8:16am
    Taiwan’s National Communications Commission will comply with a parliamentary decision to ban winners of 4G licenses from buying core equipment for the service from the mainland on security grounds, Want Daily reported Thursday, citing commission chairman...
  • Taiwan reaps US$4 bln from auction of 4G licenses, paper says

    Oct 31, 2013 7:47am
    The combined amount of winning bids for Taiwan’s 4G licenses reached NT$118.65 billion (US$4.02 billion) after 40 days of bidding, more than triple the NT$35.9 billion starting prices, United Daily News reported Thursday, citing the results...
  • Wonder why suppliers are deserting supermarket shelves?

    Oct 31, 2013 7:33am
    China Central Television on Tuesday aired an investigative report about shady practices in the domestic retail industry. Supermarkets generally make more money off suppliers than consumers. That partly explains, in a roundabout way, why China’s B2C...
  • China’s internet ads grow in third quarter, Xinhua says

    Oct 31, 2013 7:23am
    China’s internet advertising market continues to heat up, rising 24.2 percent to 28.77 billion yuan (US$4.72 billion) in the three months to September, compared with the previous quarter, Xinhua news agency reported on Wednesday, citing an industry...
  • What is Suning’s game plan with PPTV and bank license?

    Oct 31, 2013 7:23am
    Suning Commerce (002024.CN) has made some eye-catching moves this year, but all seemingly little to do with its core retailing business. First, the firm applied for a private bank license and is now awaiting a nod...
  • Zoomlion’s Jan-Sept net profit drops 45%, filing says

    Oct 31, 2013 7:19am
    Changsha Zoomlion Heavy Industry Science & Technology Development Co., Ltd. (01157.HK, 000157.CN) said in an exchange filing on Wednesday that net profit for the nine months to September was 3.79 billion yuan (US$612.639 million), down 45.48...
  • Shanghai FTZ notches up first aircraft leasing deal, Xinhua says

    Oct 31, 2013 7:08am
    Bank of Communications Financial Leasing Co. Ltd. confirmed that it has leased one Boeing-737 aircraft to an express company in the Shanghai free trade zone (FTZ), Xinhua news agency reported Wednesday, noting that the deal marked the...
  • A freer hand for commercialization of scientific and technological innovations is vital for China's R&D sector. Photo: Bloomberg

    POLICY WATCH: The long road to R&D success

    - Oct 31, 2013 6:55am
    China has seen its expenditure on research and development (R&D) as a proportion of the nation’s gross domestic product (GDP) rise steadily in recent years, boosting the country’s innovation capabilities. But it is still a halfway...
  • China COSCO Jan-Sept net loss shrinks 68%, filing says

    Oct 31, 2013 6:45am
    Marine freight company China COSCO Holdings Co. Ltd. (01919.HK, 601919.CN) said Wednesday its net loss in the first nine months of the year shrank 68.24 percent year on year to 2.03 billion yuan (US$333.12 billion). Operating...
  • China Railway Jan-Sept net profit up 46%, filing says

    Oct 31, 2013 6:14am
    China Railway Group Ltd. (00390.HK, 601390.CN) said Wednesday its net profit in the first nine months of the year rose 46.44 percent year on year to 6.25 billion yuan (US$1.02 billion). Operating revenue for the period...
  • China oil reserves at 3.33 bln tons, govt says

    Oct 30, 2013 4:02pm
    China’s oil reserves stood at 3.33 billion metric tons at the end of 2012, while natural gas reserves reached 4.4 trillion cubic meters, according to data posted on the government website Wednesday. In 2012, four new...
  • TSL Jewellery 1H profit up 40.9%, filing says

    Oct 30, 2013 3:21pm
    Tse Sui Luen Jewellery (International) Ltd. (TSL Jewellery) (00417.HK) said its interim operating profit rose 40.9 percent to HK$89.45 million in the six months to August from the previous year. Turnover was up 28.3 percent to...
  • Chinese airlines step up international services, WSJ says

    Oct 30, 2013 3:15pm
    China’s big three state-owned airlines are stepping up efforts to expand their international footprint as an increasingly congested domestic market weighs on earnings, the Wall Street Journal reported Tuesday. In the past, Air China, China Southern Airlines...
  • CVC-South Beauty talks show shift in stake sales, Reuters says

    Oct 30, 2013 3:09pm
    A potential deal for London-based CVC Capital Partners to buy a US$300 million majority stake in Chinese restaurant chain South Beauty Investment Co. Ltd. highlights a growing willingness by smaller China firms to cede control to foreign private equity amid...
  • New status gives shale gas access to incentives, website says

    Oct 30, 2013 2:58pm
    The National Energy Administration (NEA) has put shale gas exploration on the list of the nation’s “strategic emerging industries”, giving players in the sector access to the same policy breaks and incentives as the other industries...
  • Hainan to unlock backlog of idle land, paper says

    Oct 30, 2013 1:44pm
    About 19,100 hectares in Hainan province is laying idle, with about 45 percent of the land, or 8,700 hectares, approved for development, China Business News reported Wednesday, quoting Hainan governor Jiang Dingzhi as saying. The development-approved...