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China Daily Africa | Updated: 2015-11-06 07:39
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Google is in constant dialogue with Beijing as it seeks to better serve the country."

Eric Schmidt, executive chairman of Alphabet Inc, the parent company of Google, at a technology summit in Beijing. Google has made no definitive comment on speculation that it will resume its services in the Chinese mainland.

"If approved, this will be the first majority foreign-owned securities company in the mainland and will potentially allow us to engage in the full spectrum of securities business in the country."

Stuart Gulliver, HSBC chief executive, in a conference call with analysts. HSBC Holdings Plc has agreed to establish a majority-owned securities joint venture in China. HSBC, Europe's biggest lender, could own up to 51 percent of a proposed joint venture with the unlisted Shenzhen Qianhai Financial Holdings Co Ltd.

"Many Chinese enterprises are very interested in our technology. In Germany we have more than 1 million companies, many of which are technology leaders worldwide."

Kai Lucks, president of German Federal M&A Association, comments on its plan to establish a cooperative base in Northeast China with China Mergers & Acquisitions Association.

(China Daily Africa Weekly 11/06/2015 page18)

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