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1. JPMorgan cuts stake in Anhui Conch Cement to 20.94%
U.S.-based financial holding company JPMorgan Chase & Co recently cut its shareholding in Anhui Conch Cement Co Ltd<600585><0914> to 20.94% from the previous 21%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from the HKEx showed that JPMorgan on Nov. 11...
17 Nov 2009
2. Greenland to inject RMB 4.5 bln into new project in Hefei
Greenland Group, a leading real estate developer based in Shanghai, China, has agreed to invest RMB 4.5 billion in a large property project in Binghu New Area, a district of Hefei, the capital of Anhui Province, sources reported. The project, which comprises four pieces of undeveloped land and covers a land area of
4 May 2009
3. BOE invests RMB 17.5 bln in 6G LCD production line in Hefei
BOE Technology Group Co Ltd (BOE)<000725><200725>, one of the largest LCD producers in China, has begun construction on a sixth-generation (6G) LCD production line in Hefei, the capital city of Anhui Province, the Shanghai Securities News reported.According to the investment plan, BOE will spend a total
14 April 2009
4. CNNC launches nuclear power plant in Anhui
China National Nuclear Corp (CNNC), the nation's largest nuclear power plant builder, yesterday launched a new company in Anhui Province to help develop its Jiyang nuclear power plant. CNNC signed an investment agreement with Shenzhen-listed Anhui Wenergy Co Ltd<000543> to jointly develop the nuclear
26 Feb 2009
5. JAC gets R&D subsidy for new transmission products
Anhui Jianghuai Automobile Co Ltd (JAC)<600418> has received RMB 50 million subsidies from the local government for the research and development (R&D) of its dual-clutch transmission (DCT) project, sources reported.The car maker said in a statement filed with the Shanghai Stock Exchange that its DCT
12 Jan 2009
6. Bank of Ningbo approved to set up Suzhou branch
Bank of Ningbo<002142>, formerly known as Ningbo City Commercial Bank, has won approval from the China Banking Regulatory Commission (CBRC) to set up a branch in Suzhou, south of Jiangsu Province, according to market sources.The medium-sized city commercial lender has already set up its branches in
4 Dec 2008
7. Japan's Elpida puts off chip plant construction in Suzhou
Elpida Memory, Inc, a large semiconductor manufacturer in Japan, announced that it has put off constructing its new plant in Suzhou, East China's Jiangsu province, for around one year, Xinhua News Agency reported. Specializing in manufacturing the world's most advanced Dynamic Random Access
7 Nov 2008
8. Digital China, Suzhou Ventures set up JV in Suzhou
Digital China Holdings Ltd<861>, the country's largest IT products distributor and IT services provider, and Suzhou Ventures Group Co Ltd has set up a joint venture (JV) in Suzhou, in a bid to further expand its businesses in innovative IT services and products.Pursuant to the investment contract, Suzhou Ventures
31 Oct 2008
9. China Guangdong Nuclear Power Group sets up JV in Anhui
China Guangdong Nuclear Power Group (CGNPG) has set up a joint venture (JV) in eastern China's Anhui province for the construction of the country's first inland nuclear power plant, sources reported. The JV, called Anhui Wuhu Nuclear Power Co., will be responsible for the preparation, construction and operation
20 Oct 2008
10. New nuclear power plant to be built in Wuhu
Sep. 29, 2008 (China Knowledge) - Anhui Province Wenergy Group Co Ltd<000543>, China Guangdong Nuclear Power Group (CGNPG), Shenergy Co Ltd<600642> and Shanghai Electric Power Co Ltd<600021> plan to jointly set up a nuclear power plant in Wuhu, namely, Anhui Wuhu Nuclear Power Co
29 Sept 2008
11. Tongling Nonferrous H1 net up 88.57%
Anhui province-based Tongling Nonferrous Metals Group<000630>, one of China's oldest copper production bases, released a handsome interim financial report for the first half of this year with a steady year-on-year increase of 88.57% in net profit. Tongling Nonferrous attributed this gain to increased
27 Aug 2008
12. Hesheng Special Material plans to raise RMB 250 mln via IPO
Suzhou Hesheng Special Material Co. Ltd, one of China's emerging manufacturers and traders of composite material for white-goods, has obtained regulatory approval from the country's stock market watchdog China Securities Regulatory Commission (CSRC) to issue 21 million A-shares in its planned
21 Aug 2008
13. Anhui Jianghuai Auto taps into light passenger car market
Anhui Jianghuai Automobile Group Co., China's second-largest manufacturer of light trucks, announced that it will build a whole-vehicle production facility for its light passenger and freight car model M209 in Hefei, which marks the truck maker's official foray into the light passenger car market in the country.
20 Aug 2008
14. Amtran Tech, LG to set up LCD factory in Suzhou
Amtran Technology, one of largest TFT LCD display producers in Taiwan, is in talks with South Korea's LG Display Company on setting up a joint venture in China's Suzhou, and both sides hope to start production in the third quarter of 2008, according to a news report from Taiwan United Daily News.The new factory will
18 Aug 2008
15. New Smart Energy to acquire Merit First Investments
Hong Kong-listed New Smart Energy Group Ltd (New Smart Energy)<91> has inked an agreement to buy Merit First Investments, which owns a 70% of a production-sharing agreement on an Anhui-based coalbed methane field, for HK$2.5 billon. The company said Tuesday in a statement that it would pay HK$60 million in cash, HK$240 billion in a promissory note, and the remaining HK$2 billion would be paid via
24 July 2008
16. RBS wins nod for investment in Suzhou Trust
The Royal Bank of Scotland Group (RBS), one of the largest banking and insurance holding companies in the UK, has won approval from Chinese banking regulators to acquire a nearly 20% stake in Suzhou Trust Co. It is to expand its corporate banking and wealth management services in China, sources reported.
30 June 2008
17. China's Zhongding Sealing Parts Co taps into the U.S. market
China's Anhui Zhongding Sealing Parts Co. Ltd.<000887> has signed an agreement to buy 100% stake in Allied-Baltic Rubber Inc. of the U.S., for US$4.5 million, from its current owner Alan R. Myers, according to industry sources. Allied-Baltic Rubber Inc., founded in 1946, has a staff of 200. It is a specialty firm
25 June 2008
18. Hailu Heavy Industry launches IPO in Shenzhen today
Suzhou Hailu Heavy Industry Co Ltd<002255>, an exhaust heat boilers manufacturer and distributor, issued yesterday the prospectus for its planned initial public offering (IPO) on Jun. 25 in Shenzhen. The company plans to sell as many as 27.7 million shares of its common stock at a price of RMB 1 per share,
25 June 2008
19. SmartPay launches Mobile-Wallet service in Anhui province
Shanghai SmartPay Jieyin, a China-based electronic payment company, launched the Mobile-Wallet service for paying utility bills in eastern China's Anhui Province with its Chinese partners. Its partners include China Unicom<762>, China Unionpay and Huishang Bank. The new service offers new
13 May 2008
20. Guoyuan Securities mulls share issuance for RMB12 bln
Guoyuan Securities Co<000728>, the fourth-largest publicly traded brokerage in china, aims to raise as much as RMB 12 billion (US$1.7 billion) through a share sale in a private placement to picked institutional investors. The Anhui province-based company said in a statement to the Shenzhen Stock Exchange that it
30 April 2008
 
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