* Vendors, purchaser, vendor guarantors, purchaser guarantors and target company entered into equity transfer agreement * Deal for consideration of RMB984.9 million * Vendors are Shenzhenshi Qiushuo Investment Development and Shenzhenshi Zhongnanhuali ... ( read original story ...)
China insurance watchdog bars Evergrande Life from stock investing for one year
China’s top insurance regulator has punished a second company in just two days for short-term speculation, suspending the insurance arm of leading property developer Evergrande Group from trading in stocks for one year. The China Insurance Regulatory ... ( read original story ...)
China's IPR bullet train runs between Beijing, Guangzhou
Bullet trains with Chinese intellectual property rights on every component started running ... Development of the train has taken about four years, according to the China Railway Corporation. The China-standard bullet train made its first passenger trip ... ( read original story ...)
China to tighten stock market supervision
BEIJING, Feb. 26 (Xinhua) -- China will tighten supervision of stock markets to prevent ... Saturday that it had restricted stock trading by Evergrande Life, a unit of property conglomerate Evergrande Group, for one year due to irregular operations. ( read original story ...)
China regulator punishes Evergrande Life for irregular stock trading
China's insurance regulator said Saturday that it has imposed measures to restrict stock trading of Evergrande Life, a unit of property conglomerate Evergrande Group, for one year due to the insurer's irregular investment operations. This comes after China ... ( read original story ...)
Why Chinese Real Estate Stocks Are Rallying
One can see why. Last year, developers’ stocks were major laggards, on average retreating 18% versus a broadly flat MSCI China Index, even as property sales shot up 35%. After last week’s rally,... ( read original story ...)
Govt aims for passage of enemy property bill in Rajya Sabha
It includes persons who went to China too. Opposition parties such as Congress ... in the UP election where all contestants have used polarising tactics. The "enemy property" issue is linked by BJP to "minorityism" on part of the SP, Congress and BSP. ( read original story ...)
500 years ago, China destroyed its world-dominating navy because its political elite was afraid of free trade
Vmenkov / Wikimedia, CC In the 1400s, China owned the greatest seagoing fleet in the world, up to 3,500 ships at its peak. (The U.S. Navy today has only 430). Some of them were five times the size of the ships being built in Europe at the time. ( read original story ...)
Report: Chanel, Prada Among Brands Chinese HNWIs Most Aspire to Buy in 2017
Prada is listed as the number two luxury brand China’s millionaires aspire to buy in the next year, according to a recent report by Agility Research and Strategy. (Shutterstock) Chinese consumers have often been referred to as the future saviors of the ... ( read original story ...)
Global luxury brands failing to leverage WeChat e-Commerceled omni-channel to conquer China
Leading global luxury brands have little or no direct e-commerce offering in China, because they are failing to develop proper cross-channel strategies led by WeChat commerce. Luxury brands have trailed other retailers in digital adoption, but in China the ... ( read original story ...)