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Cheung Kong (Holdings) Ltd unveiled its latest development plans in Shanghai on Thursday. Analysts said the current purchasing restrictions on residential properties won't shake cash-rich companies and China's solid economic growth will ensure long-term investment in the property market.
Media Markt China Ltd said it will continue to expand in China and plans to open two or three more stores by the end of the year, after its top officer resigned.
US-based axle producer Dana Holding Corp has increased its stakes in a Chinese joint venture to 50 percent, Dongfeng Motor Co, Ltd (DMC), co-owner of the joint venture, confirmed Thursday.
French foodmaker Danone has signed an agreement with Bright Food Group to sell its 50 percent stake in a water company to a Bright Food Group unit, Bright Food said on Thursday.
Sina's microblog is the most popular brand for Chinese consumers this year, People.com.cn reported on Wednesday, citing a survey by Nikkei Business Publications Inc.
Eagle Vantage Asset Management, a Hong Kong-based investment firm controlled by Huang Guangyu, has put a bid for decomissioned British aircraft carrier HMS Ark Royal, planning to turn the warship into a floating showground for hi-tech products.
Chinese e-commerce company Alibaba.com Ltd said on Thursday that it has signed an agreement with payment provider Western Union for its AliExpress wholesale platform.
Citic Securities, China's largest publicly traded brokerage, hopes to secure in August approval from the Stock Exchange of Hong Kong for its roughly $2 billion IPO there, International Finance Review (IFR), a Thomson Reuters publication, reported.
Global private equity firm Carlyle Group has raised 3.2 billion yuan ($495 million) for its projected 5 billion yuan China fund, launched last year, the firm said in a statement.
A retailer of international brand furniture, which has recently been suspected of selling poor-quality fake foreign products at high prices, has insisted it does not play foul with buyers but has admitted "faults" in its employees' sales tactics.
Mining equipment maker Joy Global Inc is in talks to buy China's International Mining Machinery Holdings Ltd,a maker of coal-mining equipment, according to a Bloomberg report.
US-based Citibank established a new sub-branch in Chengdu, the capital city of Southwest China's Sichuan province, on Wednesday.
