Tagged By beijing

China approves eight IPO applications

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BEIJING, Sept. 2 (Xinhua) — China Securities Regulatory Commission (CSRC) has approved IPO applications from eight companies. The firms will raise up to 3.7 billion yuan (around 561 million U.S. dollars), the CSRC said. Four…

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BYD powers into monorail business

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BYD, China’s biggest electric carmaker … He said diversification into rail transport would open up new business opportunities for BYD and drive the company’s development in the future. According to the company’s interim financial results,…

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Caterpillar China reaches milestone

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“Caterpillar China has striven to build an integrated system for its mini excavator business, covering local R&D and manufacturing as well as the provision of components and parts,” said Chen Qihua, vice-president of Caterpillar and…

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