Search Results for: Chinese
West TX Oil Below $94 as Market Awaits Chinese Data
September 8th, 2014
Brent crude fell on Monday for a third day of losses even though Chinese trade data showed both better-than-expected exports and weak imports that might prompt help for the economy, but it remained below $101 a barrel after poor ...
Chinese Company’s Shares Suspended on Critical Report
September 2nd, 2014
Trading in shares of Tianhe Chemicals, which raised about $650 million in a Hong Kong listing in June, was suspended on Tuesday morning after a report on a website affiliated with short-sellers described the company as “one of the ...
A Chinese E-Commerce Company Is Born and enters competition with Alibaba
August 29th, 2014
Dalian Wanda Group, the Chinese real estate, cinema and retail conglomerate controlled by the billionaire Wang Jianlin, announced on Friday that it would enter the e-commerce industry in an $800 million partnership with Baidu and Tencent, two of China’s ...
$2.4 Billion Invested in Chinese Bad-debt Company
August 28th, 2014
China’s biggest manager of bad debt said on Thursday that it had attracted about $2.4 billion from eight investors, including Goldman Sachs and Warburg Pincus, before an expected initial public offering here. China Huarong Asset Management, the biggest of ...
Chinese property developer give discount to online homebuyers
August 26th, 2014
China Vanke, the country’s largest residential property developer by sales, and Taobao, the country’s largest virtual bazaar, have teamed up to offer homebuyers discounts for shopping online. Home buyers can receive discounts of up to 2 million yuan (about ...
Chinese state-owned enterprise investment in Australia
August 25th, 2014
As the negotiation of the Australia–China Free Trade Agreement (FTA) moves into what is hopefully its final phase, there is intense focus on how the investment chapter of the FTA will treat the access of Chinese state-owned enterprises to ...
Chinese developer Wanda launches $1.7bn Australian arm
August 12th, 2014
One of China’s biggest developers will launch an Australian arm with $1.7 billion in capital to splash into the nation’s real estate market. In an announcement to the Hong Kong Stock Exchange today, the Wanda Group revealed it would ...
Foreign Firms under Chinese antitrust law
August 11th, 2014
It was only last month that 100 antitrust investigators probe simultaneously into four of Microsoft’s offices across China, executing “surprise visits” where the vice president and other managers were interrogated and data was collected. It appears that Chinese regulators ...
Chinese banks get serious – risk of bad debts swell
August 8th, 2014
Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off riskier borrowers and further tightening lending terms. China’s banks keep reporting bad loan levels well below what most analysts consider realistic, ...
Daimler says assisting Chinese authorities in investigation
August 5th, 2014
Daimler AG’s (DAIGn.DE) luxury brand Mercedes-Benz said it is cooperating with China’s anti-monopoly authorities over an investigation into unspecified matters, after local Chinese media reported the German automaker’s Shanghai office had been raided. “We confirm that we are assisting ...
