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...nd stocks worldwide lost billions in value. Central banks were forced to coordinate interest rate cuts. G7 Finance Ministers convened on an emergency basis in Washington while entire economies, such a...
Sunday, 12 October 2008

2. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...e melamine-contaminated milk scandal that killed four infants and sickened another 53,000. The Ministry of Finance did not specifically say that the money is spent as a result of the crisis but mentio...
Saturday, 11 October 2008

The China Securities Regulatory Commission has announced that publicly-traded companies must pay dividends in cash, rather than stocks, over three years before submitting a refinancing application. Th
Friday, 10 October 2008

4. Monster Completes Acquisition of ChinaHR
(News/News October 2008)
U.S.-based Monster Worldwide has completed its acquisition of ChinaHR, the country's second-largest recruitment website, news wires report.   Monster paid USD174m for the remaining 55 pe
Friday, 10 October 2008

...uot;This was mainly out of concerns over an economic slowdown," said Ba Shusong, Deputy Chief of the Finance Research Institute at the Development Research Center of the State Council. Thi...
Thursday, 09 October 2008

China should “continue to be relatively unaffected by global economic uncertainty, with strong economic growth and foreign investment continuing,” according to the new Asia Pacific Investm
Thursday, 09 October 2008

7. Bank of America to Offload CCB Shares?
(News/News October 2008)
The Bank of America is likely to sell its 8.19 per cent share in China Construction Bank after 27 October, when stocks become tradable after an agreed lock-up period.   Trading Markets r
Thursday, 09 October 2008

China Stocks Drop Again Chinese shares closed 3.04 per cent down on Wednesday, falling for the third consecutive day. The drop was driven by financial and brokerage shares. The benchmark Shanghai Co
Thursday, 09 October 2008

Ping'An Faces RMB15.7 bn Write Down China's second largest insurance company Ping An has been reportedly hit to the tune of RMB15.7 bn after the collapse of Belgian-Dutch bank Fortis. "The exte
Wednesday, 08 October 2008

Shanghai Taxi Operators May Merge Dazhong and Jinjiang, two of Shanghai's major taxi operators, look set to merge as the government looks at ways to lower costs and streamline operations. "The
Wednesday, 08 October 2008

Shares of several international hotel companies dipped alarmingly at the beginning of the week, and not just because of the political delaying of the USD700 bn bail-out of the U.S. financial system. T
Sunday, 05 October 2008

...e deal. Bank of China Eyes AIG Unit The Bank of China is reportedly interested in the international finance leasing business unit of American International Group, the Hong Kong-based Oriental...
Sunday, 05 October 2008

13. Weekly China Statistics Update
(Statistics/ Statistics 2008)
- Imports of edible oil grew 4.7 per cent in the first eight months of this year, new figures of the General Administration of Customs show. Last year, imports increased 23 per cent. The slowdown
Friday, 03 October 2008

...  Bank of China Eyes AIG Unit The Bank of China is reportedly interested in the international finance leasing business unit of American International Group, the Hong Kong-based Oriental...
Thursday, 02 October 2008

15. Gemdale Partners With Credit Suisse
(News/News October 2008)
Credit Suisse signed an agreement with China's reale estate developer Gemdale Corp. to finance property projects in Hangzhou, capital of Zhejiang province, Trading Markets reports.   Gem
Wednesday, 01 October 2008

16. China Subsidises Loans to Dairy Producers
(News/News September 2008)
...ty costs. The government is offering the loans at a reduced lending rate of 3.1 percent, the Ministry of Finance said in a statement. Several dairy firms this week started dumping raw milk as c...
Tuesday, 30 September 2008

Nuclear Power Plant to Be Built in Wuhu A new RMB200m nuclear power plant will be build up in Wuhu, the provincial government of Anhui said in a statement. Four companies, Anhui Province Energy Grou
Tuesday, 30 September 2008

18. Weekly China Statistics Update
(Statistics/ Statistics 2008)
- A total of 7,074 tonnes of tainted dairy products have been removed from retail outlets across China, the State Administration for Industry and Commerce (SAIC) said in a statement. Most of it was mi
Sunday, 28 September 2008

Guangdong's Tourist Visitors Down The total number of inbound tourists to Guangzhou, Shenzhen, and Zhuhai dropped significantly in the first seven months of 2008, according to the Guangdong Provinci
Friday, 26 September 2008

20. Weekly China Statistics Update
(Statistics/ Statistics 2008)
... American International Assurance shows that 60 percent of respondents believe they do not have sufficient finances or funds to maintain their current standard of living when retired, China Daily rep...
Sunday, 21 September 2008

Shui On and Lafarge Team Up Hong Kong-listed Shui On Construction and Materials Ltd (SOCAM) announced a RMB6 bn joint venture with French cement maker Lafarge. The new company will start next next y
Saturday, 20 September 2008

22. HSBC Eyes 100 Branches in China
(News/News September 2008)
HSBC said it plans to raise its number of branch outlets in China to 100 by 2009, news wires report. The UK-based bank is reportedly also considering a listing at the Shanghai stock market once the le
Wednesday, 17 September 2008

23. Chinese and Asian Stocks Take Another Dive
(News/News September 2008)
Chinese stock markets joined the world market sell off after the national holiday on Monday. The Shanghai Composite lost 4.47 per cent, Hong Kong's Hang Seng closed 5.44 per cent lower while the Shenz
Tuesday, 16 September 2008

24. Coca-Cola's Huiyuan Takeover Uncertain
(News/News September 2008)
...ifferent domestic companies. Another plan proposes to buy the company with an RMB-denominated fund financed by domestic companies. A third option would allow Coca-Cola to buy Huiyuan but the ...
Tuesday, 16 September 2008

25. Sinosteel Holds 82 Per Cent in Midwest
(News/News September 2008)
Sinosteel now owns more than 82 per cent of Australian iron ore prospector Midwest Corp after several key shareholders accepted the Chinese purchase offer, Australian media reports.   Fo
Monday, 15 September 2008

... ships, hotels at Lake Victoria, an international China-Africa Friendship University and an international finance centre. ...
Sunday, 14 September 2008

27. Weekly China Statistics Update
(Statistics/ Statistics 2008)
- Domestic retail sales increased 23.2 per cent in August, the National Bureau of Statistics announced. The August retail sales totaled RMB876.8 bn. - China's industrial output in August grew 12.
Sunday, 14 September 2008

28. AOL Opens Chinese Website
(News/News September 2008)
...aunched chinese.aol.com this week, state media reports. The site offers all kind of news content covering finance, entertainment, science, automobiles, fashion, and, the Olympics. Users are also ab...
Thursday, 11 September 2008

... Capital Eight is an investment bank headquartered in Shanghai, specialized in M&A, project-structured finance and public/private fund raisings.       ...
Wednesday, 10 September 2008

...r ships, hotels at Lake Victoria, an international China-Africa Friendship University and an international finance centre.   Temasek Buys Into Li & Fung for HKD3.9 bn Singapore's T...
Tuesday, 09 September 2008

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