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  • Most firms on Beijing bourse report profits in 2021

    All 86 companies listed on the Beijing Stock Exchange had unveiled their preliminary earning figures for 2021 by Monday, with 85 reporting profits, the latest data shows.


  • Chinese sportswear ANTA to invest over 4 billion RMB in professional technology R&D in next 5 years

    China's sportswear company ANTA announced its brand strategic goals for the next five years Thursday, in which clarified the company's ambition to invest more than 4 billion yuan in research and development in the next five years to strengthen its core capabilities in scientific and technological innovation, reported Xinhua-run Shanghai Securities News.


  • Property giant Evergrande sees rising sales in February

    China Evergrande Group, one of the leading developers in China, reported surging sales last month, the company said in a statement.


  • Israeli paper processor invests in Rostock

    As the economic development agency Rostock Business reported on Wednesday, a company belongs to the Israeli paper processing group Yamaton has invested around 9.8 million euros in the new plant in Rostock.


  • Lack of entrepreneurs makes company succession more difficult

    Approximately 227,000 small or medium-sized companies want to transfer ownership to new hands by the end of next year (in 2017 the figure was 236,000).


  • After Chinese takeover: Biotest creates 300 new jobs

    Biotest will have a new production plant for blood plasma drugs completed within the next two years, CEO Bernhard Ehmer said. "Biotest is investing around 300 million euros in the project and plans to hire around 300 new employees in total,” he said.


  • UK's biggest entertainment group reveals expansion plan in China

    Merlin Entertainments, one of the world's leading visitor attraction operators, has unveiled several new brands in Beijing and Shanghai, as part of its continued expansion in the Chinese market.


  • Silicon Valley invests in software start-up company Instana

    Prominent risk capital investors have provided growth capital of 30 million dollars in the German start-up software company Instana.


  • CIC-led group buys stake in Brazil pipeline

    An investment consortium led by sovereign wealth fund China Investment Corp has acquired a majority stake in a natural gas pipeline unit from Brazil's state oil company Petrobras SA.


  • Traditional Chinese food brand cooperates with Australian company

    Goubuli, one of China's longest established food brands from the northern city of Tianjin, has signed a strategic cooperation agreement with Australian health product company Blooms Bluesky Holding.


  • Mobike, Bluegogo unveil new bikes to win customers

    Chinese bike-sharing companies are using new technologies to better balance supply and demand for commuters, in a bid to gain the knockout advantage in the booming bike-sharing market.


  • Midea buys controlling stake in Servotronix

    Chinese electronics giant Midea Group has purchased more than 50 percent of the Israeli automation company Servotronix Motion Control, with the latter valued at $170 million.


  • Australia's largest energy company calls for renewable energy push

    Australia's largest energy company has called on the Federal Government to end its "blame game" over renewable energy.


  • Germany's SAP sees opportunities for SME business

    German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016.


  • Car-hailing firm Didi told to stop soliciting for tips

    China's dominant car-sharing company Didi Chuxing was ordered yesterday to remove a function on its app for people to tip taxi drivers in advance to secure a ride.


  • Baofeng establishes new company to expand culture business

    Baofeng Group Co Ltd, a Beijing-based internet entertainment and video company, announced on Thursday that it has established Baofeng New Culture Co Ltd to expand its business in culture, tourism and virtual reality, or VR.


  • Daewoo to establish shipbuilding company in Iran

    The South Korean Daewoo Shipbuilding and Marine Engineering Co. is to establish a shipbuilding company in a joint venture with Iranian state-run companies, Tehran Times daily reported on Tuesday.


  • Chinese company completes acquisition of controlling stake in Shell Refining in Malaysia

    A refiner based in China's Shandong Province announced on Thursday it has completed the acquisition of a 51 percent stake in Shell Refining Company (SRC) in Malaysia.


  • Cision to expand its media services in China

    US-headquartered media intelligence company Cision said it will accelerate its investment and hiring in China and to integrate current distribution network along with new technology offering, said CEO Kevin Akeroyd.


  • Chinese companies surpass U.S. as largest buyer of cross-boarder M&As

    With the rapid growth of cross-border mergers and acquisitions, Chinese companies and funds are making a deep impact on the global industrial structure, bankers, academics and investment experts said at a forum on M&A in Beijing on Friday.


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