Media
Media
Chinese equities rose on Wednesday for the fourth consecutive trading day, with the benchmark Shanghai Composite Index up 14.31 points, or 0.46 percent, to close at 3,128.54. The Shenzhen Component Index gained 71.35 points, or 0.55 percent, to close at 12,931.21. Combined turnover shrank slightly to 280.7 billion yuan ($41.1 billion) from 289.94 billio...
Goldman Sachs has agreed to sell half of its holding in Shineway Group, China's top meat processor, to a Chinese fund for about $150 million, earning roughly five times its investment from the landmark 2006 deal, sources with direct knowledge of the matter said on Wednesday. The acquisition attracted wide public interest in 2006, in part because it invol...
A third leading Chinese movie studio is aiming for a listing - this time on the New York Stock Exchange - as the country's entertainment companies turn to the capital markets to raise funds. Beijing Polybona Film Distribution Co is aiming to go public in the second half of next year or the first half of 2011, Chief Executive Yu Dong said yesterday. The c...
China's steel output may rise 10 percent this year, aggravating the steel sector's oversupply problems and clouding the 2010 iron ore talks that are ready to kick off soon. The country's steel lobby, the China Iron & Steel Association (CISA), said yesterday at a media briefing that steel output would rise by 50 million tons to 550 million tons this...
Multinational companies sent fewer foreign employees to the Chinese mainland in 2009, as they aimed to cut costs during the global financial crisis, a consultancy firm said. In contrast, the number of Chinese employees with overseas educational background and foreign staff hired within China increased, according to a report issued yesterday by Mercer, a g...
China's increasingly voracious investment in overseas markets is helping the global economy - and especially the economies of developing countries - recover from the financial crisis, according to several speakers at the First China Overseas Investment Fair yesterday. Chinese officials urged foreign countries to make it easier for that investment to cont...
The Walt Disney Co has received Chinese government's nod to build a theme park in Shanghai, in a major advance ahead of President Obama's first China visit. China is one of the most dynamic, exciting and important countries in the world, and this approval marks a very significant milestone for The Walt Disney Company in Chinese mainland. Disney CEO Robe...
China's big four banks extended about 136 billion yuan ($20 billion) yuan-denominated new loans in October, up 23.6 percent from September's 110.4 billion yuan, the China Securities Journal reported on Tuesday. The September total was the lowest amount so far this year for the big four, which include Bank of China, China Construction Bank, Industrial an...
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
qq.com