Parkson Retail Group Ltd<3368> obtained the property ownership and land use rights of the Shuangquan Building, which is located in Chaoyang District in Beijing, China's capital city.The purchase of the building on Sunday paves the way for Parkson's third Beijing store.According to company plans, the new store will...
Citibank (China) Co Ltd, the local incorporation of U.S.-based Citibank, has received the approval to set up a lending company in Liaoning province.China Banking Regulatory Commission Dalian Bureau issued the approval, which allows the Bank's new lending company to open in Wafangdian, a city town governed...
NEW YORK, Sept 26 - Liberty Media Corp Chairman John Malone on Friday said few opportunities exist to buy media companies right now, even with stock prices badly depressed across much of the industry. The...
Guangzhou Automobile Group Co Ltd, the Chinese partner of Honda Motor and Toyota Motor, will accelerate its group listing plan and kick off a new round of strategic development, Zeng Qinghong, general manger of the company, said on Monday, sources reported.Zeng told media at the Guangzhou...
Chinese thin film solar company Trony Solar Holdings Co Ltd plans to raise as much as US$241.5 million from an initial public offering on the New York Stock Exchange, sources reported.The company, which will debut on the bourse under the token "TRO," plans to sell 15 million American depositary shares at prices...
Merch KGaA, a German-based chemical and pharmaceutical company, will spend over EUR 150 million to set up a clinical research and development hub in Beijing, according to the company spokesman Gangolf Schrimpf.The new center will be the fourth R&D hub in the German company's R&D global network. It...
* Company raises almost $2.8 bln in recent weeks * Clearwire shares close down 2 pct at $5.43 on Nasdaq (Adds company's statement, CEO comments) NEW YORK, Nov 24 - Clearwire Corp on Tuesday said...
China Longyuan Power Group Corp, the largest wind power project developer in Asia, plans to raise as much as HK$17.5 billion from an initial public offering on the Hong Kong Stock Exchange, sources reported.The company, which kicked off pre-marketing yesterday, plans to sell 2.14 billion new shares at...
Intel Capital, the investment arm of Intel Corp, earlier this week announced details regarding its investment of US$25 million in seven companies that include two Chinese firms, sources reported.Intel Capital plans to invest in Phoenix New Media, a subsidiary of Hong Kong broadcaster Phoenix Satellite...
Huawei Technologies Co Ltd, a major telecom equipment vendor in China, has set up two major training centers and a research and development center in Indonesia, the official Xinhua News Agency reported, citing a senior company official as saying.1,500 Indonesian telecom technicians are expected to graduate...