* Higher Procter & Gamble outlook reassures on consumers * Data spurs optimism about economy * Monsanto tumbles as 2010 forecast below Street views * Dow up 0.8 pct, S&P up 1 pct, Nasdaq up...
Hunan Copower EV Battery Co., Ltd. began the first Chinese production line of automatic battery pack for new energy vehicles on August 5. Established last August, Hunan Copower EV Battery is a joint venture company invested by Hunan Corun New Energy Co., Ltd. and GP Science Technology (Hong Kong)...
Hunan Corun New Energy Co Ltd <600478>, a Chinese battery and nickel products manufacturer and seller, plans to spend RMB 120 million in cash to buy Changsha and Seoul Electronics Co Ltd, an electronics company in Changsha, the capital city of Hunan Province, sources reported....
In these tough economic times, one Annapolis boatbuilder is staying afloat - and then some.Performance Cruising, on Edgewood Road along Back Creek...
Poly (Hong Kong) Investments Ltd<0119>, a subsidiary of China Poly Group Corp, has raised US$395 million by issuing 380 million new shares, sources reported.The Hong Kong-listed company sold the shares for HK$8.10 apiece, which is at the high end of the firm's proposed price range.Previously, Poly...
New World China Land<0917>, the Chinese property arm of Hong Kong-based New World Development<0017>, announced Friday that it plans to raise between HK$4.89 billion and HK$5.33 billion via a rights issue.The Hong Kong-listed company plans to issue between 1.92 billion and 2.09 billion...
New World Development Co Ltd<0017>, a conglomerate based in Hong Kong, yesterday said its net profit attributable to shareholders fell to HK$2.08 billion from HK$9.69 billion in the previous fiscal year ended Jun. 30, 2009.The company attributed the decrease to the effects of the global financial crisis on real...
Shandong Luyang Share Co Ltd<002088>, a ceramic fiber producer based in Shandong Province, announced on Sunday that it raised RMB 350 million via a public share issuance.The Shenzhen-listed company sold 19.21 million new shares in the deal, said the firm in a statement.The proceeds will be...
Dongfeng Motor Co Ltd, a joint venture between China's Dongfeng Motor Corp and Nissan Motor Co, plans to set up three new plants in China from 2009 to 2010, sources reported.The company will invest RMB 6.5 billion in the three plants in Guangzhou, Shiyan, and Zhengzhou, which are expected to boost its...
Tycoon Lee Shau-kee, chairman of Henderson Land Development Co Ltd<0012>, is interested in subscribing the new shares of China South City Holdings, a Shenzhen-based company that will launch its Hong Kong initial public offering this month, the Apple Daily reported Saturday, citing Martin Lee, vice...