By Wu Ye Negotiations that could put BlackBerries in the palms of Chinese users as early as February have reached their final stages, said a source close to China Telecom. China Telecom has been reportedly talking with BlackBerry developer Research in Motion (RIM) since June to bring the latest h...
Anhui Jianghuai Automobile Co<600418>, the second-largest manufacturer of light trucks in China, expects to sell 300,000 units of passenger cars in 2010, up 150% from a year ago.An Jin, general manager of Chinese auto maker, said at the ongoing Guangzhou Auto Show that the company has sold...
Nissan Motor Co signed an MOU with Dongfeng Motor Co and the Guangzhou municipal government on setting up an electric-car program in the Chinese city.The agreement came after a similar agreement between the Japanese auto maker and the government of Wuhan, Hubei Province in April.The move is part...
Galaxy Entertainment Group Ltd<0027>, the Macau gaming operator controlled by the family of property and construction businessman Lui Che-woo, is seeking HK$8 billion in bank loans for its new casino in Macau, the Wall Street Journal reported, citing a source familiar with the matter as saying.The casino...
China's largest offshore oil company, China National Offshore Oil Corp, signed an agreement with Australia-based energy firm Altona Energy Plc to establish a joint venture to develop Altona's project at Arckaringa in South Australia, sources reported.The Australia-listed Altona said in a statement that the JV...
Chinese property developer Kaisa Group Holdings Ltd has attracted well-known enterprises such as Henderson Land Development Co Ltd<0012> to subscribe for the new shares issued by the group, sources reported.Henderson Land Chairman Lee Shau-kee will subscribe to the institutional tranche of...
Poly Real Estate Group Co Ltd<600048>, a major property subsidiary of Poly Group, yesterday announced that it plans to inject around RMB 10 billion into a huge mixed-use real estate project in Dongping New Town, Foshan, Guangdong Province, sources reported. The large project will be located on two sites that...
A branch of Haitong Securities in Jilin, Jilin Province. Haitong Securities is reported to have inked an agreement to acquire Hong Kong-based Taifook. Photo: CFP By Sun Zhe Haitong Securities reached an agreement to buy out Hong Kong-based Taifook in an attempt to gain international experience a...
Will Beijing go the extra mile to keep its car industry humming? That question will be center stage at the Guangzhou Auto show this week, as car makers hope Beijing will renew strong economic incentives that propelled China's car sales to record levels this year even in the face of the global dow...
By Wang Xinyuan Illustrations: Peter C. Espina Entrepreneur Xiao Yongchang has big dreams for his small business. The founder of Can-Sino (Beijing) Technology, a two-year-old company that produces heat pumps and provides emissions and energy saving R&D services said he needs anywhere from 1 milli...