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COFCO Meat's profit surges
The annual net profit of Hong Kong-listed COFCO Meat Holdings Ltd jumped by 530.8 percent year-on-year to 950 million yuan ($138.18 million) in 2016, thanks to the decline in China's population of sows and the rising price of hogs.
March28,2017
Legend Holdings mulls series of spinoffs
China's diversified investment giant Legend Holdings is planning a slew of spin-off listings, with A-share its top destination, Chairman Liu Chuanzhi told China Securities Journal.
March20,2017
Tencent Holdings’ messaging app WeChat plans to roll out pay-to-read feature
Tencent Holdings' messaging app WeChat is mulling a new function that allows its official accounts to request payment from readers.
February16,2017
Yum local unit plans to add 600 new stores a year
Yum China Holdings Inc, which had more than 7,500 outlets in China as at the end of last year, said it has plans to add about 600 stores in the country annually.
February13,2017
AMC to buy Nordic Cinema Group
AMC Entertainment Holdings Inc said it would buy Nordic Cinema Group, the largest cinema chain in the Nordic and Baltic countries, for 6.37 billion yuan ($930 million), The Paper reported.
January24,2017
China Oceanwide, IDG Capital to acquire IDG
China Oceanwide Holdings Group and International Data Group (IDG) Capital announced Thursday that they have entered into a definitive agreement to buy IDG Inc., a leading global media, market research and venture company.
January20,2017
Cheung Kong completes $7.6 bln takeover of Aussie power giant
A major Australian electricity and gas distributor, DUET Group, has completed a handshake deal with Cheung Kong Infrastructure Holdings (CKI) on a 7.6 billion dollar (5.6 billion U.S. dollars) takeover on Monday.
January17,2017
Chengtong buys Metallurgical Corp shares
Metallurgical Corp of China Ltd, the country's biggest metallurgical engineering contractor, announced on Wednesday that 24.76 million of its nonpublic offering shares were purchased by China Chengtong Holdings Group, a State-owned asset-operating group.
January13,2017
Suntory not considering IPO of US unit
Suntory Holdings is not planning to list its US spirits unit Beam Suntory Inc on the New York Stock Exchange, a top executive said on Thursday, denying a Japanese media report.
January06,2017
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