Sep. 12, 2008 (China Knowledge) - Wi-Fi TV Inc, operator of live TV stations and other video-based contents, said on Wednesday it is preparing to set up a subsidiary to further develop and deploy its...
* To set up wholly-owned China subsidiary in Shanghai * Plans first yuan-denominated private equity fund * Shanghai government shows support for Blackstone (Adds source quotes, industry reaction, background) HONG KONG/NEW YORK, June 18 -...
HONG KONG/NEW YORK, June 18 - Blackstone Group LP is in talks with the Shanghai city government to set up a wholly owned China subsidiary as part of its preparations to launch a local-currency private...
Bank of America Corp, the largest lender in the U.S., intends to establish a fully-owned subsidiary in China to expand in the world's fastest-growing major economy, said unnamed sources familiar with the matter, Reuters reported on Thursday.The sources said that Bank of America plans to expand its corporate and...
China Enterprise Co Ltd<600675>, a real estate developer, has announced that it plans to raise the registered capital of a Shanghai subsidiary from RMB 200 million to RMB 700 million, sources reported. The subsidiary won the bid for a piece of residential land in Luodian Town, Baoshan District, Shanghai on...
Fujitsu today announces the official establishment of Fujitsu South China Limited, a subsidiary of Fujitsu Hong Kong Limited, which will focus on serving customers based in the South China region covering Guangdong, Guangxi, Fujian and Hainan provinces, and China's fast-growing banking and financial sectors.
China Southern Airlines Ltd<600029><1055><ZNH>, the country's largest airline by fleet size, Thursday opened a subsidiary in Taiwan, the official Xinhua News Agency reported. China Southern will offer flights connecting the island with mainland China, said its Chairman Si Xianmin. The airline was among the first...
Shanghai Airlines Co Ltd<600591>, which is in merger talks with China Eastern Airlines Ltd<600115><0670><CEA>, will remain an independent entity and keep its brand after becoming a wholly-owned subsidiary of China Eastern, said Zhou Chi, chairman of Shanghai Air, the Shanghai Daily reported...
China Eastern Airlines Ltd<600115><670><CEA>, the country's third-largest carrier, plans to sell its Wuhan subsidiary to China Southern Airlines Ltd<600029><1055><ZNH>, as the subsidiary became the biggest loss maker in 2008, according to sources at China Southern. Currently, the two sides are in talks...
China Shipping Group Co and its three subsidiaries are selling their equity interests in China Shipping LNG Investment Co Ltd on the Shanghai United Assets and Equity Exchange (SUAEE), sources reported. The total value of the assets exceeds RMB 100 million. The China Shipping LNG Investment is 35% held...