Management

Chinese Fintech Firm Eyes Profit Boost With Majority Stake in Korean Database Company

Chinese Fintech Firm Eyes Profit Boost With Majority Stake in Korean Database Company

The Hong Kong unit of Chinese fintech software provider Client Service International plans to acquire a majority stake in South Korean database developer as part of efforts to boost profitability.

Aug 2, 2018
Liu Jing & Chen Juan
China's First Local Government-Funded High-Speed Railway Starts Tests in Shandong

China's First Local Government-Funded High-Speed Railway Starts Tests in Shandong

Eastern China's Jinan-Qingdao high-speed railway, of which the local government owns the majority stake, has begun testing to enter operations at the end of this year.

Aug 2, 2018
Tang Shihua & Liu Jing
Huiyuan Juice May Delist Over Debt Crisis

Huiyuan Juice May Delist Over Debt Crisis

China Huiyuan Juice Group, the country’s largest private juice producer, is facing a possible delisting from the Hong Kong bourse as it struggles to get to grips with a severe debt crisis.

Aug 1, 2018
Liao Shumin
Developer China Calxon Will Buy Two Cinemas, Opt Out of Realty Rivalry With Evergrande

Developer China Calxon Will Buy Two Cinemas, Opt Out of Realty Rivalry With Evergrande

Real estate developer China Calxon Group’s board has passed a resolution to buy a 100 percent stake in Beijing Startime…

Aug 1, 2018
Liao Shumin
Gree Teams With Academicians on Robotics, Energy-Saving AC

Gree Teams With Academicians on Robotics, Energy-Saving AC

Chinese home appliance giant Gree Electric Appliances will set up two academician workstations in partnership with the country’s top scientists…

Aug 1, 2018
Wang Zhen & Liu Gongping
YTO Express Will Build USD1.8 Billion Global Air Logistics Hub in Shanghai Suburb

YTO Express Will Build USD1.8 Billion Global Air Logistics Hub in Shanghai Suburb

Yu Weijiao, chairman of Shanghai YTO Jiaolong Investment Development (Group), the parent company of courier company YTO Express Group, signed…

Jul 31, 2018
Liao Shumin
China Needs USD2.8 Trillion to Build Mostly Rural Roads Over Next Decade

China Needs USD2.8 Trillion to Build Mostly Rural Roads Over Next Decade

China will need massive funds to improve its road network in the next decade, mostly in rural regions, a former inspector for China's transport ministry said.

Jul 31, 2018
Zhang Ke
Foxconn Denies Rumored Mass Layoffs, Production Line Shutdown

Foxconn Denies Rumored Mass Layoffs, Production Line Shutdown

Taiwanese contract electronics manufacturing giant Foxconn, known formally as Hon Hai Precision Industry, yesterday denied media reports that it will…

Jul 31, 2018
Xu Zuwei & Tang Shihua
GoldCard Enters South Korean Gas Meter Market With Distributor Deal

GoldCard Enters South Korean Gas Meter Market With Distributor Deal

GoldCard Smart Group has agreed a EUR4.5 million (USD3.9 million) distribution deal with a sales agency in South Korea, marking…

Jul 30, 2018
Liu Jing & Tang Shihua
Lotte Department Store May Exit China After Sales Tumble

Lotte Department Store May Exit China After Sales Tumble

Lotte Group’s high-end department store chain is considering packing up shop in China, a source in the retail sector told Yicai Global, after its sales slumped in the wake of a consumer boycott.

Jul 30, 2018
Le Yan & Quan Xiaoxing
China Is Still Open to Resolving Qualcomm Antitrust Issues, Watchdog Says

China Is Still Open to Resolving Qualcomm Antitrust Issues, Watchdog Says

China regrets Qualcomm’s decision to abandon its bid to buy NXP Semiconductors and still hopes to find a way to…

Jul 27, 2018
Liao Shumin
[Exclusive] China’s Silence Sounds Death Knell for Qualcomm’s NXP Deal

[Exclusive] China’s Silence Sounds Death Knell for Qualcomm’s NXP Deal

Qualcomm’s USD44 billion proposed takeover of NXP Semiconductors “is over,” a manager at the US chipmaker told Yicai Global less…

Jul 26, 2018
Guo Liqin

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