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Datang Telecom Technology & Industry Holdings Co, a major developer of the home-grown TD-SCDMA 3G standard, is in talks with the country's national pension fund to sell the latter a 20 percent stake through a private placement in a deal worth as much as 3 billion yuan ($439 million), company sources said. Datang Telecom Holdings is a subsidiar...
Datang Telecom Technology & Industry Holdings Co, a major developer of the home-grown TD-SCDMA 3G standard, is in talks with the country's national pension fund to sell the latter a 20 percent stake through a private placement in a deal worth as much as 3 billion yuan ($439 million), company sources said. Datang Telecom Holdings is a subsidiar...
China 's banks extended a surprisingly large amount of new loans in June, more than doubling that of May's, while driving up possibilities of bad loans and excessive production capacity amid a credit boom. Preliminary calculations showed that new lending was 1.53 trillion yuan ($223.89 billion), the central bank said on its website yesterday, ...
Sales of China 's domestically made automobiles topped 1.14 million units in June, up 36.48 percent over the figure a year earlier, the fourth month in a row surpassing the 1.1 million units mark, the China Association of Automobile Manufacturers (CAAM) said Thursday. Sales of China's domestically manufactured vehicles stood at 6.099 million uni...
Four employees of global mining giant Rio Tinto in Shanghai have been detained, apparently on suspicion of espionage and stealing state secrets. Shanghai 's State Security Bureau yesterday confirmed to China Daily that the four were being investigated by the bureau. The bureau would not give a reason why they had been detained. Three ...
Greenland Group, a real estate company owned by the Shanghai municipal government, has entered the Beijing realty market by winning a hotly contested bid against some of the country's largest property developers for a prime development site for more than 3 billion yuan ($439 million). The transaction marks the second highest price paid by a develope...
China's five leading oil companies have all accelerated the pace of their overseas development in the first half of this year due to sliding prices and rising domestic oil demand, said a Shanghai Securities News report today. China Aviation Oil (Singapore) Co Ltd, a subsidiary of China's largest jet-fuel producer and distributor, China National Aviation...
Chinese equities continue to lose ground on Wednesday with the index shed 0.28 percent. Real estate and banking shares led the drop. The benchmark Shanghai Composite Index on Shanghai bourse closed at 3,080.77 points, down 8.68 points, or 0.28 percent. The Shenzhen Component Index closed at 12,488.58 points, up 126.14 points, or 1.02 percent. Total turn...
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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