Tsinghua Holdings would purchase a mobile chip designer, Spreadtrum, for US$1.78 billion. Tsinghua Holdings Co Ltd, state-owned unit, would purchase Spreadtrum Communications Inc for US$1.
Tags: China
China to hand over audit documents - Treasury Secretary
Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
Trade outlook in China worsens as exporters lose trading confidence
China trade outlook worsens as exporters lose trading confidence. China trade outlook worsens as exporters lose trading confidence. Traders are apprehensive as they face weak external demand, along with rising labour costs and the seen rise of the yuan currency.
Asian shares rose amidst investor worries
Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.
Bankers expect China IPO market will reopen soon
Bankers have a growing expectation that China IPO market will reopen soon. The expectation that China's initial public offering market will be reopening soon has been growing among bankers and investors.
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China and US agreed last Thursday to reinstate a stalled negotiations over an investment treaty. China and the United States of America agreed on Thursday to restart the halted investment negotiation treaty.
Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.
Russia announced that it would lift its oil exports in Asia and consequently decrease the distribution for Europe.
Forgame Tech Co. submitted official documents for an IPO later this year. Forgame Tech Co. , a video game production company, has presented its official initial public offering documents to Hong Kong's equity agency and plans to start the IPO later this year, said the sources, who requested not to be identified.
Yum! Brands increased profit numbers despite backlash in China. Parent company of the world famous Pizza Hut and KFC restaurant chains, Yum! Brands Inc.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.
China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
