Tags: China

China’s Technology Plan Fuels Highest Close of Technology Stocks in HK

Tencent and other Internet company in China led the highest close of the telecommunication industry in Hang Seng index since 2004


Chinese regulators approve Alibaba's plan to expand online loan funding

Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.

China to add 10GW solar power over the next 3 years

China planned to add 10GW solar power annually over the next 3 years. China will be adding 10GW of solar power annually for the next 3 years, said a statement from the State Council.

Amcor acquires China's Jiangsu Shendra Group

Amcor announced the US$62 million acquisition of China's Jiangsu Shendra Group. Amcor announced the purchase of Jiangsu Shendra Group, a Chinese flexible packaging business, for US$62 million.


Latest News

The United States and China confirmed they are negotiating again over a proposed investment treaty. After several snags, both Washington and Beijing announced that they are going to start where they left off on the proposed investment treaty.
China planned to promote technology and boost the progress in energy-saving industries to unleash the economy's potential.
US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
China trade outlook worsens as exporters lose trading confidence. China trade outlook worsens as exporters lose trading confidence. Traders are apprehensive as they face weak external demand, along with rising labour costs and the seen rise of the yuan currency.
Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.
Bankers have a growing expectation that China IPO market will reopen soon. The expectation that China's initial public offering market will be reopening soon has been growing among bankers and investors.
Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.
Cloudary Corp, China's online company, would withdraw its IPO worth more than US$200 million due to the market's current condition.
Tsinghua Holdings would purchase a mobile chip designer, Spreadtrum, for US$1.78 billion. Tsinghua Holdings Co Ltd, state-owned unit, would purchase Spreadtrum Communications Inc for US$1.
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