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Bona reports Q1 profit surge

2011-05-07 09:20:18

Bona Film Group Ltd, China's largest privately owned film distributor by distribution numbers, said on Friday that its first-quarter net profit rose 76.7 percent year-on-year to $2.4 million.

Coke's 2020 vision for China

2011-05-07 09:19:53

For Coca-Cola Co, a brand that has a presence in more than 200 countries worldwide, one thing remains: vision. And after 125 years, the beverage company continues to expand its presence globally.

Unilever punished for price hike remarks

2011-05-06 15:26:43

China's top price regulator announced on Friday that Unilever (China) Co Ltd would face a fine of 2 million yuan (about $303,000) over statements that led to price hikes for Chinese consumer goods.

China sets up 1st charity fund financed by stocks

2011-05-06 15:13:05

With a donation of 300 million shares from billionaire Cao Dewang's company, China's first charity foundation financed with stocks was set up. 

HKEx appoints Chief Administrative Officer

2011-05-10 11:15:27

Hong Kong Exchanges and Clearing Limited (HKEx) announced on Monday that they has appointed Joseph Meyer as its first Chief Administrative Officer (CAO). He is expected to join the organization in late June.

Poker maker's IPO triggers public disputes

2011-05-06 14:52:20

China's top poker maker has received a go-ahead from the securities regulator for its application for an initial public offering (IPO) on the smaller enterprise board, but the approval has triggered disputes among Chinese Internet users.

Airlines biggest reason for delays

2011-05-06 13:15:56

Problems that originate with airline companies are the main reason for the country's delayed flights, the Civil Aviation Administration of China, the authority that oversees the nation's skies, said in a report on Wednesday.

Rio Tinto sees little impact from Japan quake

2011-05-06 12:54:15

Rio Tinto Group, the world's third-largest miner, expects global markets to remain volatile in the short term, but said strong demand from China had offset any temporary loss of sales to Japan following the earthquake and tsunami disaster.

E-reader maker looks for tonic

2011-05-06 10:43:08

Having boasted in May 2010 that its aim was to overturn Apple Inc's dominance in the Chinese tablet PC market, the nation's leading maker of e-readers and tablet PCs, Hanvon Technology Co Ltd, has posted a first quarter loss of 40 million yuan ($6 million).

Midland Realtyis closing down Shanghai shops

2011-05-06 10:38:55

Hong Kong-listed real estate company Midland Holdings Ltd, will close all eight of its Midland Realty brokerages in Shanghai by the end of this month.

Foxconn pulls out of Hunan proposal

2011-05-06 10:05:24

Foxconn Technology Group, the world's largest electronics contractor by revenue, has halted a plan to manufacture tablet computers in Hengyang in Central China's Hunan province.

Indonesia big part of ZTE plans

2011-05-06 09:52:44

China's second-largest telecom equipment maker ZTE Corp hopes to double its terminal sales in Indonesia, boosting the proportion of its revenue from terminals to more than 50 percent in the next two years.