CHINA'S US$410 billion sovereign wealth fund has bought a minority stake in Thames Water, a water and sewage company, in its first acquisition in the UK.
China Investment Corp said in a statement yesterday that it acquired an 8.68 percent stake in Thames Water through a wholly-owned unit. But CIC did not provide a value for the deal.
The CIC transaction followed a visit to Beijing earlier t
Published News » Investments
The recent international row over the intention of a Chinese company's Iceland deal suggests that more barriers are ahead for China to really join in the global economy.
These barriers cannot be easily overcome and remind people that the clear division of East and West remains deeply rooted, though the iron curtain has been raised for two decades.
Many significant commercial moves of Chines
These barriers cannot be easily overcome and remind people that the clear division of East and West remains deeply rooted, though the iron curtain has been raised for two decades.
Many significant commercial moves of Chines
Mainland firms may see easier HK listing -- Shanghai Daily
Posted by admin (#1) 170 days ago (http://www.shanghaidaily.com)
CHINA'S top securities regulator may lower its threshold to allow more mainland firms to list in Hong Kong, a senior industry official said yesterday.
Yan Feng, vice president of Guotai Junan Securities, made the remark after Vice Premier Li Keqiang offered the biggest package of measures in more than eight years by the central government to support Hong Kong's economy, including allowing more
Yan Feng, vice president of Guotai Junan Securities, made the remark after Vice Premier Li Keqiang offered the biggest package of measures in more than eight years by the central government to support Hong Kong's economy, including allowing more
Finance: China sees investment from US, Europe drop
Posted by admin (#1) 204 days ago (http://www.mychinab2b.net)
Foreign direct investment in China grew at its slowest pace in nearly a year last month with fewer funds coming from the United States and Europe, according to Ministry of Commerce data.However, a ministry spokesman said yesterday that China remained attractive for foreign investors because of the country's massive market potential and its improving business environment.
Real Estate: Shui On unveils The Hub in Shanghai
Posted by admin (#1) 220 days ago (http://www.mychinab2b.net)
SHUI On Land Ltd, the Hong Kong developer most renowned for its Xintiandi restaurant and bar district in the heart of downtown Shanghai, yesterday unveiled a business and lifestyle project near Shanghai's Hongqiao transport hub.The project is called The Hub and is within walking distance of the city's smaller airport and high-speed rail station. It will cover a site area of 62,000 square meters w
Real-Estate: Banks suspend mortgage loans
Posted by admin (#1) 271 days ago (http://www.mychinab2b.net)
Some bank outlets in Shanghai have suspended mortgage loans to home buyers, the China Securities Journal reported Thursday.
Venture Capital: More Web firms turn to private share funding
Posted by admin (#1) 278 days ago (http://www.qiaolab.com)
More Internet companies in China are turning to private share placements for funding that they could previously raise only from initial public offerings in overseas stock markets, Bao Fan, chief executive officer of China Renaissance Partners, said.
"We generally believe that the private market is already an alternative to the IPO market," Bao said in an interview in Beijing on Thursday, where
"We generally believe that the private market is already an alternative to the IPO market," Bao said in an interview in Beijing on Thursday, where
Currency: RMB fund planned to aid Latin America
Posted by admin (#1) 282 days ago (http://www.mychinab2b.net)
The Export-Import Bank of China (China Eximbank), a major policy bank, will formally launch a yuan-denominated sovereign fund before the end of this year to invest in Latin America, a senior executive said on Thursday.The fund, which amounts to billion, will be mainly put into infrastructure construction in collaboration with the Inter-American Development Bank (IDB), Liu Liange, vice-president
