Mobile platforms continue to givea lift to Internet company's portfolio
Global alternative asset manager The Carlyle Group LP and fund company Tiger Fund have invested more than $200 million in Chinese online and mobile-based classified advertising operator Ganji Inc, aiming to profit from the nation's expanding e-commerce sector.
Privately held renewables company Hanergy Holding Group Ltd, headquartered in Beijing, announced on Wednesday that it had acquired Alta Devices Inc, a California-based developer of high-efficiency thin-film solar cells.
The National Stadium, more commonly known as the Bird's Nest and the main venue for the 2008 Beijing Olympic Games, on Wednesday signed a five-year strategic cooperation agreement with Hanergy Holding Group.
The China Securities Regulatory Commission has terminated the review of 129 companies applying for initial public offerings out of 628 companies in line for approval on Aug 7, according to a report by Moneyweek.
Companies fear punitive action will hurt exports from China
Along with the rise of digital media, food retail outlets are undergoing a major shift toward online delivery. And a recent heat wave in China has pushed interest in ordering food off the Internet to all-time highs.
Several opportunities will be available for Chinese enterprises in Mexico's energy sector, especially in all the stages of oil and gas production, the Mexican ambassador to China said on Wednesday.
Shanghai-listed Shanghai Great Wisdom Co Ltd, an Internet financial information and technology service provider, said it plans to purchase 100 percent of the equity of Xiangcai Securities Co Ltd, a stock brokerage listed in China's over-the-counter market for growth enterprises.
The wholesale price of natural gas for industrial users will rise 20 percent on Sept 1, signaling that China is accelerating market-oriented pricing reform despite a slowing economy.
China will give unconventional natural gas pricing rights to producers and downstream users, which will boost exploration and production, the country's economy planner said on Tuesday.
Two subsidiaries of China's top telecom carriers are joining a Google Inc-led project to build a new trans-Pacific submarine fiber optic cable system connecting Asia and North America, the companies said on Tuesday.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
