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Chinese UN ambassador said on Thursday that China hopes to see positive outcome from the upcoming UN Conference on Climate Change scheduled for December 7 in Copenhagen. Addressing the informal meeting of the UN General Assembly on climate change, Zhang Yesui, the Chinese permanent representative to the United Nations, said "the Chinese government also ho...
Chinese equities ended the five consecutive gains on Friday, with the benchmark Shanghai Composite Index down 0.37 percent, or 12.27 points, to close at 3,308.35. The Shenzhen Component Index fell 0.03 percent, or 4.4 points, to close at 13,695.15. Combined turnover jumped to 325.66 billion yuan ($47.89 billion) from 320.20 billion yuan on the previous ...
China Minsheng Banking Corp, the nation's first privately owned lender, raised HK$30.1 billion ($3.88 billion)in Hong Kong's biggest public share sale since April 2007, three people familiar with the matter said. Minsheng sold 3.32 billion new shares, or a 15 percent stake, at HK$9.08 apiece, just above the mid-point of a HK$8.5 to HK$9.5 range, the peo...
China Investment Corp (CIC), the nation's sovereign wealth fund, said yesterday it would spend HK$5.5 billion ($ 709.67 million) to buy a 20 percent stake in GCL-Poly Energy Holdings Ltd, the first time it has invested in a domestic renewable energy company. CIC would subscribe to 3.1 billion new GCL-Poly shares at a price of HK$1.79 per share, a discoun...
Central Huijin Investment Co Ltd, the domestic arm of China's sovereign wealth fund, is buying a 38.8 percent stake in New China Life Insurance Co Ltd (NCL) from Insurance Protection Fund, the latter said in a statement yesterday. "We agreed to hand over the 38.815 percent of NCL to Central Huijin in a lump sum during a recent board meeting," according t...
China on Thursday rejected requests made by the United States, the European Union and Mexico to establish a WTO expert panel to investigate and rule on so-called Chinese restrictions of raw materials exportation. At a meeting of the WTO's dispute settlement body, the Chinese delegation reiterated that "its measures related to exportation are consistent w...
China's second largest cell phone carrier said today they expect the iPhone to attract over one tenth of China's third generation (3G) users in the next couple of years. A senior executive from China Unicom told China Daily that Chinese business users have showed great interests in Apple Inc's popular smartphone. "We expect the handset to attract over ...
Chinese equities jumped to three-month high after five consecutive rises on Thursday, led by natural gas producers and pharmaceutical companies. The benchmark Shanghai Composite Index was up 0.53 percent, or 17.38 points, to close at 3,320.61. The Shenzhen Component Index increased 0.42 percent, or 57.20 points, to close at 13,699.55. Combined turnover ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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