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Hong Kong stocks dropped 544.79 points, or 2.52 percent, to close at 21,050.73 on Thursday. Turnover rose to HK$78.69 billion ($10.16 billion) from Wednesday's HK$58.54 billion ($7.56 billion). Source: BizChina
A total of 300,000 meals will be delivered every day for visitors to the World Expo next year, as a part of organizers' attempts to create a "people-oriented expo." Chinese and western fast food eateries, food courts and theme restaurants will be scattered across the 5.28-sq-km expo garden. Expo visitors will have access to food within a walk of five min...
China encourages and welcomes foreign companies to participate in its large jet program, said Vice Premier Zhang Dejiang Wednesday. Zhang made the remarks while meeting with Jean-Paul Herteman, Chief Executive Officer of Safran group, a French high-tech company with a leading position in aerospace, defense and security. Safran is one of the competitive ...
Gome Electrical Appliances Holdings Ltd, China's second-biggest electronics retailer by market value, sold 2.05 billion yuan ($300 million) of convertible bonds to help refinance debt and boost capital. The five-year, 3-percent notes were priced to yield 4.14 percent and can be converted into shares at HK$2.838, a 29-percent premium to Tuesday's closing...
Chinese President Hu Jintao's speech at the UN climate change summit Tuesday on China's efforts to curb greenhouse gas emissions has been applauded by world leaders, officials and experts. UN Secretary-General Ban Ki-moon expressed appreciation to China's new proposal. "I think that anyone who still doubts their sincerity on climate change needs to tak...
Central China provinces should achieve remarkable economic progress by 2015, according to a plan passed by the State Council Wednesday. The central areas involve Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan provinces, according to the State Council's executive meeting chaired by Premier Wen Jiabao. These are the country's major grain output bases, e...
Chinese equities went down by almost 2 percent Wednesday, continuing the downward trend for the second day this week as investors remained cautious and chose to ride the fence. The benchmark Shanghai Composite Index lost 54.83 points, or 1.89 percent, to finish at 2,842.72. The Shenzhen Component Index fell 2.97 percent, or 351.13 points, to close at 11...
Airbus will deliver 80 airplanes to China this year, underscoring the resilience of China's aviation market despite its taking a heavy punch during the global financial downturn. Although the global economy is retreating, Airbus was confident of Chinese market as its major airlines generated profits during the first half of the year and a 20 percent mark...
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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