China Cinda Asset Management would be listing its shares in Hong Kong with a projected share volume sale of USD2 billion.
Tags: China
China's SASAC open to allowing private sector interests in state firms
In a recent statement, the State-owned Assets Supervision and Administration Commission or SASAC had welcomed the move to allow the private sector to purchase interests in state owned or controlled corporations.
China's free trade zone an experiment for its future
Many analysts say the lack of transparency may put the free trade zone experiment in China in jeopardy, unless it is confirmed as one of the economic priorities of the Third Plenum of the Chinese Communist Party.
China's Communist leadership meets for future changes in economy
President Xi Jinping and other Communist leaders to meet up for the third plenum of China. As the final quarter of 2013 comes around, China's economy has undergone an acceleration in manufacturing and exports creating momentum for the Beijing leadership to be confident on possible policy shifts to be implemented for the next decade.
Bitcoin volume in China account for a third of world's transactions
With the allowance of Baidu for Bitcoin, China's appetite for the virtual currency grows. Nearly a third of the world's Bitcoin transactions are done in China.
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Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Beverage giant Coca-cola Co said it would invest USD5 billion in China between 2015 and 2017 to counter competition.
Deutsche Bank AG, Societe Generale SA and Harvest Global Investments now have China linked ETFs available.
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
China's Internet giant Tencent Holdings Ltd. made a move to shower Silicon Valley's app maker Snapchat with a USD200 million investment.
The 25-storey DoubleTree by Hilton opened in China's Anhui province. Today, DoubleTree by Hilton announced that DoubleTree by Hilton Wuhu had been open in Anhui Province, China.
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.
Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.
