http://www.cg-discovery.com/ zh-cn PBlog2 v2.4 http://www.cg-discovery.com/images/logos.gif http://www.cg-discovery.com/ CG Discovery http://www.cg-discovery.com/default.asp?id=83 hmaya@163.com(zhuxisky) Mon,30 Jan 2012 17:28:52 +0800 http://www.cg-discovery.com/default.asp?id=83
]]> http://www.cg-discovery.com/default.asp?id=82 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:03:54 +0800 http://www.cg-discovery.com/default.asp?id=82
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Hummer CEO: Tengzhong to give cash onlyPublished: 23 Jun 2009 22:26:06 PST<p class="authorInfor"]</p]<P]Shanghai, June 24 (Gasgoo.com) Hummer CEO Jim Taylor said yesterday that he expects Sichuan Tengzhong Heavy Industrial Machinery Co. only to be an investor and not to get much involved in Hummer's daily management after the Hummer brand is sold to the Chinese company, sina.com said.</P]<P]In an interview with the leading Chinese Internet portal, Taylor said Tengzhong knows much about the Chinese market while Hummer's executives know much about the Hummer's products, so Tengzhong doesn't need to operate the Hummer brand, or to worry about its own lack of auto-making experience -- it is expected to be an investor only.</P]<P]The Hummer CEO illustrated his view with the case of Warrent Buffett investment in China's BYD Auto. The U.S. billionaire investor doesn't know how to do the auto business and he is only an investor. The right attitude should be to boost the confidence in the professional team and share the ever-growing benefit of the company, Taylor said. </P]Full Storydental bearings 深圳罗湖搬家 报警器 深圳装修公司 摆线针轮减速机 沙尘试验箱 FX 初心者 クレジット 現金化
]]> http://www.cg-discovery.com/default.asp?id=81 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:03:15 +0800 http://www.cg-discovery.com/default.asp?id=81
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China Mobile still pursuing stake in Taiwan's FETPublished: 02 Jul 2009 18:11:46 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comShanghai GM sales up 71.5% in JuneSuntech wins US$50 mln in convertible loans from IFCTaiwan's Chunghwa Telecom to launch new iPhone 3GsBeijing's residential property transaction volume swells in H1China Petroleum Jilin Chemical wins contracts worth RMB 267 mln<P]Jul. 3, 2009 (China Knowledge) - China Mobile Ltd&lt;0941&gt;&lt;CHL&gt;, the country's largest telecom operator, is still pushing forward its plan to buy a stake in Taiwan's Far EasTone Telecommunications Co (FET) even though the local government excluded the telecom sector from the list of 100 sectors in which mainland investors can invest, the Wall Street Journal reported on Thursday.</P]<P]China Telecom is still asking industry regulators in Taiwan to approve its investment plan, said Gao Wei, a director in the Department of Economy at China's Taiwan Affairs Office, adding that it is not clear whether the deal will be approved.</P]<P]Taiwan on Tuesday issued new rules to allow mainland investors to invest in Taiwanese companies in 100 sectors. The semiconductor, flat panel display, solar panel making and telecom sectors were among those excluded from the list of approved industries.</P]<P]China Mobile Ltd&lt;0941&gt;&lt;CHL&gt;, the country's largest telecom operator, earlier said it plans to buy a 12% stake in FET, the island's third-largest telecom operator. </P]<P]FET's shareholder last month approved China Mobile's plan and also approved the issuance of up to 444 million new shares valued at NT$17.7 billion to the mainland telecom operator. <BR]</P]
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]]> http://www.cg-discovery.com/default.asp?id=80 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:02:49 +0800 http://www.cg-discovery.com/default.asp?id=80
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Volkswagen to invest EUR 4 bln in China by 2011Published: 14 Sep 2009 17:00:37 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comAcer PC shipment soars in Q2Sanlian Group eyes 100 more outletsGuangzhou Hengyun to invest RMB 1.18 bln in 2 power plantsShenzhen OCT, China Merchants Property buy land in ShenzhenVolkswagen to invest EUR 4 bln in China by 2011<P]Sep. 15, 2009 (China Knowledge) - Volkswagen AG, world's third-largest auto maker, Friday said it plans to invest EUR 4 billion in China by 2011 to expand its production capacity and product line-up in the country to meet increasing demand, the Shanghai Daily reported.</P]<P]The company said in a statement that it will use cash from its joint ventures in China to fund the expansion.</P]<P]Production capacity at plants in Nanjing and Chengdu will be boosted to between 300,000 and 350,000 units by 2012, and the goal of producing more than 2 million units per year will be realized ahead of schedule, according to the statement.</P]<P]China is the world's most important market for Volkswagen, said VW Chief Executive Martin Winterkorn, adding that the demand for Volkswagen products is rising so quickly that existing plants cannot keep up.</P]<P]In first half of this year VW sold a record 652,222 vehicles in China and Hong Kong, 22.7% more than a year earlier, making the Greater China Region its biggest auto market.</P]<P]</P]
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]]> http://www.cg-discovery.com/default.asp?id=79 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:02:21 +0800 http://www.cg-discovery.com/default.asp?id=79
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OZ Minerals, China Minmetals ink new agreementPublished: 14 Apr 2009 19:08:18 PST<p class="authorInfor"]</p]<!--begin CK content--]<P]Apr. 15, 2009 (China Knowledge) - China Minmetals Nonferrous Metals Co Ltd, a subsidiary of China Minmetals Corp, has signed a new agreement to purchase some of OZ Minerals's assets for US$1.21 billion, announced OZ Minerals. </P]<P]The OZ Minerals projects to be acquired by China Minmetals include Sepon in Laos, Golden Grove, Century, Rosebery, Dugald River in Australia and Avebury in Tasmania, said Jiaojian, the deputy manager of China Minmetals. However, the flagship Prominent Hill mine is excluded. </P]<P]The acquisition requires approval from the Chinese government and from the board of directors. </P]<P]After the sale, which is expected to take place in June, OZ Minerals will be able to pay off all its debts excluding the convertible bonds, and be left with A$500 million in cash. </P]<P]This February, the state-owned China Minmetals announced plans to buy OZ Minerals for US$1.7 billion. <BR]</P]
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]]> http://www.cg-discovery.com/default.asp?id=78 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:01:55 +0800 http://www.cg-discovery.com/default.asp?id=78
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LDK Solar plans US$170-mln ADS issuancePublished: 21 Dec 2009 01:17:43 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Dec. 21, 2009 (China Knowledge) - LDK Solar Co Ltd&lt;LDK&gt;, China's leading solar wafer manufacturer, is seeking to raise US$170 million by issuing 18.9 million American depositary shares, in a bid to ease the firm's tight liquidity, the Wall Street Journal reported, citing a source familiar with the matter as saying. </P]<P]The company kicked off subscription on Thursday, said the source, adding that underwriters would have the option to increase the deal by 15% to raise up to US$195.5 million in total. </P]<P]The proceeds from the offering will be used to replenish working capital, repay bank loans, and fund multicrystalline projects, according to the source. </P]<P]Citigroup Inc and Morgan Stanley are reportedly the joint book runners for the sale. </P]<P]The Jiangxi-based company suffered US$209.9 million in losses in the first nine months of this year. </P]<P]The silicon producer was planning to spin off its polysilicon business to list on the Hong Kong Stock Exchange, according to an earlier report from China Knowledge. <BR]</P]
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]]> http://www.cg-discovery.com/default.asp?id=77 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:01:20 +0800 http://www.cg-discovery.com/default.asp?id=77
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PCD Stores plans US$300-mln HK IPOPublished: 27 Nov 2009 01:17:48 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Nov. 27, 2009 (China Knowledge) - PCD Stores, one of the leading high-end department store chains in China, plans to raise between US$200 million and US$300 million from an initial public offering on the Hong Kong Stock Exchange, market sources reported. </P]<P]No information was provided regarding the offering size or the indicative price range, but the company plans to start its formal marketing road show in Singapore on Tuesday. </P]<P]The company is expected to list on the bourse by the end of this year, according to an official from PCD Stores. </P]<P]In 2007, PCD Stores planned to list in Hong Kong by offering 1.2 billion shares. Five cornerstone investors, namely Guangzhou R&amp;F Properties&lt;2777&gt;, COFCO, fund manager LIoyd George, Pictet and Highbridge subscribed for a combined US$75 million in shares of PCD Stores. However, the plan was shelved due to poor market conditions. </P]<P]PCD Stores has built its network around high-income customers in major Chinese cities, and has introduced many international luxury brands to the Chinese market, according to the company's website.<BR]</P]
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]]> http://www.cg-discovery.com/default.asp?id=76 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:00:45 +0800 http://www.cg-discovery.com/default.asp?id=76
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China's textile, apparel industry recovers in H1Published: 22 Jul 2009 00:02:02 PST<p class="authorInfor"]</p]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]China's textile and apparel industry is showing a positive trend in the first five months of the year, with an 11.58 percent increase in trade surplus, the China National Textile and Apparel Council (CNTAC) announced Tuesday.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]The CNTAC added the coefficient of export competitiveness in the same period gained 1.22 percent.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]Driven by government policies of expanding domestic demand and adjusting export tax rebate rates, the textile and apparel industry quickened its step by reorganizing the industry structure and upgrading technology. The industry has progressively recovered from sinking to a low in the first two months of this year, doubling to 1.349 trillion yuan by the end of May, up 5.21 percent year-on-year. This figure includes 51,700 enterprises with an annual sales income over 5 million yuan.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]Currently, increased domestic demand has become a major force to help the industry recover, an official from CNTAC told reporters. Domestic sales of textile products came to 1.053 trillion yuan in the first five months, more than 9.42 percent than last year, and increase of 2.79 percent than that of the first two months. Imports rose to 80.03 percent compared with 77.07 percent in the corresponding period.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]Meanwhile, investment in the textile and apparel industry has reversed the negative growth trend. From January to May, fixed asset investment plans above 5 million yuan totaled 96.929 billion yuan, up 5.7 percent year-on-year.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]Outside China, diminished export demands have hampered oversea sales, registering a 11.13 percent fall from 2008. However, the industry's share was stable in the world market in the first half of this year. The Chinese industry's share in the US market gained 3.75 percent and the trade surplus was up 11.58 percent.</P]<P class=MsoNormal style="MARGIN: 0cm 0cm 15.6pt; mso-para-margin-bottom: 1.0gd"]Despite the industry's recovery, enterprises still can not relax, warned an official. The international economy and trade hasn't bottomed out, which leads to the pessimistic prospects of intenational sales. In addition, problems brought on by insufficient internal demand still exsit and many small- and medium-sized enterprises meet difficulties in financing, he explained.
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]]> http://www.cg-discovery.com/default.asp?id=75 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:00:25 +0800 http://www.cg-discovery.com/default.asp?id=75
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Chinese stocks open 0.79% higher on MonPublished: 10 May 2009 18:29:15 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comGeely says no plan to bid for Saab or VolvoAlibaba's Alipay to go internationalJPMorgan raises shareholding in China Communications to 5.06%China to cap output of mineral resources in 2009BOC unit plans to sell auto financing JV<P]May 11, 2009 (China Knowledge) - Chinese stocks opened higher on Monday morning.</P]<P]The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, opened at 2,646.29 points, up 0.79% or 20.64 points from the previous closing.</P]<P]The Shenzhen Component Index on the smaller Shenzhen Stock Exchange opened 0.6% or 65.46 points higher at 10,248.52 points.<BR]</P]
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]]> http://www.cg-discovery.com/default.asp?id=74 hmaya@163.com(vv7yuo) Wed,14 Dec 2011 10:00:06 +0800 http://www.cg-discovery.com/default.asp?id=74
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Wumart Stores eyes Shanghai marketPublished: 22 Sep 2009 16:20:18 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comCIC to buy 12.91% stake in Noble GroupFocus Media posts US$23 mln of net loss in Q2Valin Steel to issue RMB 1.5 bln in short-term financing billsJilin Yatai to acquire Jinyuan Cement for RMB 311.64 mlnWumart Stores eyes Shanghai market<P]Sep. 23, 2009 (China Knowledge) - Beijing-based Wumart Stores Inc&lt;8277&gt;, one of the leading supermarket chains in China, may spend approximately US$600 million to buy smaller rival Times Ltd&lt;1832&gt; to beef up its national distribution network, the Standard reported.</P]<P]Wumart and Times will merge and the smaller unit will be de-listed from the Hong Kong Stock Exchange, if the deal goes on successfully. </P]<P]Reportedly, Times, which is owned by Hong Kong tycoon Kenneth Fang and his family, has also been in talks with another Asia-based retailer. However, Wumart seems to have better chance to win the bid, sources said.</P]<P]Wumart, which has a retail network of 107 superstores and 317 mini-marts, has almost no market share in Shanghai, although it has presence in other cities in the Yangtze River Delta, while Hong Kong-listed retailer Times has its base in Shanghai.</P]<P]Wumart has won capital injection totaling HK$1.65 billion from U.S. private equity firm TPG Capital, Hony Capital and Legend Holdings Ltd, China Knowledge reported earlier. The company will issue 84.55 million shares to TPG Asia and 15.45 million shares to Hony affiliate Fit Sports Ltd. <BR]</P]
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