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Hong Kong stocks retreated 218.77 points, or 1.04 percent, to close at 20,851.04 on Wednesday. Turnover shrank to HK$62.59 billion ($8.08 billion) from Tuesday's HK$71.08 billion ($9.18 billion). Source: BizChina
The Hong Kong High Court yesterday extended an order to freeze $214 million in assets of Huang Guangyu, the former chairman of Gome Electrical Appliances Holdings, as he faces legal prosecution and investigation on the mainland. The High Court last month gave a temporary approval to an application by the Securities and Futures Commission (SFC) to prevent ...
China will gradually reduce limits on equity stake proportion in investment from overseas companies, allowing qualified foreign-invested enterprises to list in the country's stock market, Chen Deming, Minister of Commerce, said Tuesday. The move aims at expanding cooperation fields between China and foreign countries, innovating investment avenues and op...
China's largest domestically-produced jumbo jet made its international debut at Asia's biggest air show in Hong Kong yesterday, in a demonstration of the country's ambition to be a global aviation giant. The single-aisle C919 is a jetliner with up to 200 seats that could boost the country's fledgling aviation industry to compete with Western rivals li...
China's banking regulator will step up financial risk control by increasing attention on banks' governance, capital adequacy ratio, risk management of loan concentration, provision coverage ratio, and information transparency, a senior official said Tuesday. Concern should go to issues including long-term loans and concentration of credit, Wang Huaqing,...
One of the world's manufacturing giants took a step forward in its standing among global economic powers as the most robust economy last year took an unsurprising fall. China advanced one spot this year to the 29th most competitive economy despite the worst global financial crisis since the Great Depression through the 1930s, the Geneva-based World Econo...
The second Asia-Pacific Service Outsourcing International Conference will be held from Sept 17 to 18 in Wuxi, Jiangsu province, the organizer said. About 300 representatives will attend the forum, including chief information officers (CIO) of the top 500 companies in the world, prestigious software producers at home and abroad, according to the organizer....
Hong Kong stocks surged 440.5 points, or 2.14 percent, to close at 21,069.81 on Tuesday. Turnover climbed up to HK$71.08 billion($9.18 billion) from Monday's HK$63.97 billion ($8.26 billion). Source: BizChina
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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