Results for global brands: 694

Asimco Technologies, a major foreign-invested automotive components maker founded by Wall Street veteran Jack Perkowski in Beijing 15 years ago, is up for sale in a deal that could fetch over $200 million, people involved in the potential deal said Tuesday. Asimco is currently the largest indepen...

General Motors Co. said its China sales growth will decrease dramatically next year as the incentives brought on by the government will expire by the end of the year. The automaker expects China sales to rise 15 percent in 2010 compared with a 50 percent increase in 2009, Kevin Wale, president of...

Stellar Megaunion Corp<000892>, previously a communication service provider, yesterday announced that it plans to enter the property market by issuing shares in exchange for two property subsidiaries belonging to Guilherme Holdings (Hong Kong) Ltd, sources reported.The new shares will be sold at RMB...

A manufacturing facility of Link Orthopedics (China) Ltd, a subsidiary of Germany-based artificial joint maker Waldemar Link, recently started production in the Beijing Economic-technological Development Area, or BDA.The plant, the first foreign-invested artificial joint manufacturer in China, covers a land area of...

JPMorgan Chase & Co., announced Monday it has hired Shao Zili, a managing partner at Linklaters' Asia, an international law firm, to be chairman and chief executive of its China operations. Shao, 50, succeeds Charles Li's position, which has been vacant since Li left as chairman of JPMorgan China...

U.S.-based financial holding company JPMorgan Chase & Co said on Monday that it has hired Shao Zili, Asia managing partner of international law firm Linklaters, to take charge of its business in China, the Financial Times reported.Shao, one of the leading corporate lawyers in Asia, will take office as chairman...

U.S.-based financial holding company JPMorgan Chase & Co has cut its shareholdings in China Resources Enterprise Ltd<0291> to 5.92%, according to the stock exchange's SDI information.According to statistics released by the Hong Kong Stock Exchange, JPMorgan on Nov. 18 sold 2.05 million shares of...

Invesco Hong Kong Ltd recently raised its shareholding in Zhejiang Expressway Co Ltd<0576><ZHEXY> to 7.26% from the previous 6.98%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from the HKEx showed that Invesco on Nov. 18 bought 4 million shares of...

Volkswagen AG, the world's third-largest automaker, plans to more than triple its annual vehicle sales in South China to 500,000 units from the current 150,000 units, the China Daily reported.The German auto maker unveiled the ambitious strategy, which is called "Strive to Win", on the eve of the seventh China...

Taiwan-based Acer Inc, the world's third-largest PC brand, will set up a research and development center on mainland China, in a bid to increase its market share, the Commercial Times reported on Friday, citing Acer Chairman Wang Jeng-tang as saying.The mainland R&D center will focus on the development of...