Management

Kunlun Group to Offload Shares of Microcredit Firm Qudian to Avoid Financial Risks

Kunlun Group to Offload Shares of Microcredit Firm Qudian to Avoid Financial Risks

Kunlun Group Ltd. plans to sell shares of Qudian Inc., a Chinese online microlending firm, to improve asset liquidity and avoid financial risks, the company said.

May 24, 2018
Tang Shihua
Leshi TV Maker Names Two Other Investors in USD470-Million Tencent-JD Deal

Leshi TV Maker Names Two Other Investors in USD470-Million Tencent-JD Deal

The television making unit under Leshi Internet Information and Technology Corp., the listed arm of debt-laden conglomerate LeEco, has named…

May 21, 2018
Xu Wei
HNA Group Offloads South African Comair Shares in Further Asset Disposition

HNA Group Offloads South African Comair Shares in Further Asset Disposition

China’s HNA Group Co. has unloaded all its shares in the South African airline Comair Ltd. via its subsidiary in…

May 18, 2018
Xu Wei
China to Make No Concessions on Core Interests to Resolve ZTE Case With US

China to Make No Concessions on Core Interests to Resolve ZTE Case With US

China to Make No Concessions on Core Interests to Resolve ZTE Case With US

May 17, 2018
Xu Wei
Jiuzhou Pharma Eyes Denmark to Foster European Ties, Hire Talent

Jiuzhou Pharma Eyes Denmark to Foster European Ties, Hire Talent

A unit of Jiuzhou Pharmaceutical Co. plans to set up a wholly owned affiliate in Denmark to develop the Chinese drugmaker’s business collaboration…

May 17, 2018
Tang Shihua
Gree Group Aims to Further Tap NEV Sector With 20% Stake in Changyuan Group

Gree Group Aims to Further Tap NEV Sector With 20% Stake in Changyuan Group

China’s Gree Electric Appliances Inc., the world’s largest producer of air conditioners, aims to spend CNY5.2 billion (USD823 million)…

May 17, 2018
Liao Shumin
UGG Plans Brand Makeover in China

UGG Plans Brand Makeover in China

UGG and its parent company Deckers Outdoor Corp., long-regarded as makers of premium snow boots, aim to reposition in the Chinese market as a comprehensive fashion brand.

May 16, 2018
Lv Jingyu
Shanghai Putailai to Open Lithium Battery Parts Factory in Inner Mongolia

Shanghai Putailai to Open Lithium Battery Parts Factory in Inner Mongolia

Lithium-ion battery anode maker Putailai New Energy Technology Co. will set up a processing factory in China's northern Inner Mongolia Autonomous…

May 16, 2018
Tang Shihua
360 Security Plans USD1.7 Billion Private Placement to Fund AI, Big Data

360 Security Plans USD1.7 Billion Private Placement to Fund AI, Big Data

360 Security Technology Inc. is planning a private placement of shares to raise nearly CNY10.8 billion (USD1.7 billion) as the…

May 16, 2018
Liao Shumin
Airbus Sends Team to Assist Sichuan Airlines Windshield Blowout Probe

Airbus Sends Team to Assist Sichuan Airlines Windshield Blowout Probe

Airbus SAS has sent a technical team to help Chinese and French authorities investigate how a cockpit windshield separated mid-flight from an A319 operated by Chinese carrier Sichuan Airlines.

May 16, 2018
Liao Shumin
China's Jiayou Logistics Plans to Establish Subsidiary in Singapore to Extend Global Reach

China's Jiayou Logistics Plans to Establish Subsidiary in Singapore to Extend Global Reach

China’s Jiayou International Logistics Co. will invest USD5 million to establish a wholly-owned subsidiary in Singapore to expand its overseas markets, particularly in Southeast Asia and Africa.

May 14, 2018
Tang Shihua
Foxconn to Break Ground on USD10 Billion Wisconsin Factory Next Month

Foxconn to Break Ground on USD10 Billion Wisconsin Factory Next Month

Hon Hai Precision Industry Co., better known as Foxconn and the largest contracted iPhone maker, plans to start building its…

May 14, 2018
Liao Shumin

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