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1. C C Land to inject RMB 300 mln in Chengdu JV
C C Land Holdings Ltd<1224>, a Chongqing-based real estate developer, has announced that it plans to inject RMB 300 million into a joint venture in Chengdu, Sichuan Province to increase its stake to 80% stake from the previous 50%, sources reported. The JV, which was set up by C C Land and Guojia Real Estate...
19 Nov 2009
2. Hefei Meiling to bid for Changhong's air conditioner assets
Hefei Meiling Co Ltd<000521><200521>, a Chinese manufacturer of household appliances, plans to bid for air conditioner assets belonging to Sichuan Changhong Electric Co Ltd<600839> in order to consolidate the home appliance business, sources reported.Hefei Meiling said in a statement filed with...
18 Nov 2009
3. BNP Paribas Asset cuts stake in Chongqing Iron & Steel
BNP Paribas Asset Management, a subsidiary of BNP Paribas, recently cut its H-share holding in Chongqing Iron & Steel Co Ltd<601005><1053> to 4.84% from the previous 5.25%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from the HKEx showed that BNP...
17 Nov 2009
4. Sinopec to add more than 100 gas stations in Chongqing
Sinopec<600028><0386>, the largest refiner in Asia by capacity, plans to build more than 100 gasoline stations in Chongqing by 2015, sources reported.Around 80 of the new stations will be located in urban districts. At present, Sinopec has more than 90 gas stations in the city, while rival PetroChina Co...
16 Nov 2009
5. Dreyfus raises stake in Chongqing Machinery
New York-based Dreyfus Corp, which is a leading mutual fund firm and a subsidiary of the Bank of New York Mellon, on Nov. 4 raised its stake in Chongqing Machinery & Electronics Co<2722> to 5.23% from the previous 4.78%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said...
10 Nov 2009
6. Ford to set up plant in Chongqing, China
U.S.-based Ford Motor Co, the world's fourth largest auto maker, plans to build an assembly plant in Chongqing, southwestern China, the official Xinhua News reported on Tuesday.The plant, which will be Ford's third in China, will be located in a new area in northern Chongqing, next to the company's existing
20 May 2009
7. Chongqing aims to develop into a financial center by 2015
Chongqing, a Chinese city in the upper reaches of the Yangtze River, has just launched its RMB 30 billion (US$4.4 billion) Chongqing Financial Center project as part of its effort to become a financial center by 2015.The first commercial real estate project for the financial sector, to be located in the Jiangbeizui
24 April 2009
8. Chongqing's GDP up 9% in Q1
Chongqing's gross domestic product (GDP) rose 9% from the previous year to RMB 103.22 billion in the first quarter, according to statistics released by the Chongqing Municipal Bureau of Statistics. Chongqing's total retail sales of consumer goods increased more than 20% from a year earlier in the first quarter, while
21 April 2009
9. CCB to lend RMB 208 bln to Chongqing in 3 years
China Construction Bank Corp (CCB)<601939><939>, one of the country's Big Four state-owned commercial banks, signed a memorandum of understanding with the Chongqing Municipal Government on Sunday to provide the latter RMB 208 billion worth of loan in three years to support the city's
15 April 2009
10. Chongqing Grain Group starts building food processing zone
Chongqing Grain Group Co Ltd, a Chinese food conglomerate, on Wednesday began construction of a food processing zone in Tongnan Industrial Park in Chongqing Municipality, Southwest China.The food processing zone will cover an area of 600 Mu and will cost RMB 500 million.
20 March 2009
11. BASF mulls postponing Chongqing MDI plant
BASF, the world's largest chemical company, is considering postponing construction of a methylene diphenyl diisocyanate (MDI) plant in Chongqing City, southwestern China, sources reported.Previously, the Germany-based company's China subsidiary made an announcement saying that the global MDI market
16 March 2009
12. Chongqing to set up China's 1st 3G industrial base
Chongqing Municipality, located in southwestern part of China, will establish the nation's first 3G industrial base with an estimated sales volume of RMB100 billion in three years, a local newspaper reported on Thursday.The 3G base will focus on the research and development of TD-SCDMA technology, which will
13 March 2009
13. Chongqing Holley Pharm to sell unit stake to CNTIC Trading
Chongqing Holley Pharm Co Ltd<000607> has signed an equity shares transfer contract agreeing to sell an 88.24% stake in its subsidiary to CNTIC Trading Co Ltd<600056>, sources reported.CNTIC Trading will spend around RMB 70.6 million to complete the acquisition.Chongqing Holley Pharm said the equity
10 March 2009
14. ABB opens engineering center in Chongqing
ABB, a Switzerland-based multinational company focusing on power and automation technology, today launched an Engineering Center of Process Automation Division in Chongqing, southwestern China.The engineering center will systemically integrate the company's engineering service resources in China and
4 March 2009
15. Chongqing Land Properties Group to issue corporate bonds
The stated-owned Chongqing Land Properties Group will issue RMB 2.3 billion in ten-year corporate bonds to domestic institutional investors between today and next Monday.The company said in a statement that the coupon rate will be fixed at 5.46% for the first five years, and that the issuer will have the
3 March 2009
16. China gets Japanese loan for Chongqing light rail project
Chinese Ministry of Finance (MOF) on Thursday reached an agreement with the Japan Bank for International Cooperation (JBIC), on securing an unconditional loan of ¥22.75 billion (US$234.3 million) to a light rail project in Chongqing municipality, Southwest China, the China Daily reported.The loan will be
2 March 2009
17. Carlson to open hotel in Chongqing
Carlson Hotels Worldwide signed a hotel management agreement with Chongqing Xun Sheng Real Estate Development Company in Chongqing, one of the four provincial-level municipalities, to operate the developer's new hotel under the Radisson Plaza Hotel brand, sources reported.
23 Feb 2009
18. Chongqing Iron & Steel to issue RMB 2 bln corporate bonds
Chongqing Iron & Steel Co Ltd<601005><1053>, a subsidiary of Chongqing Iron & Steel Group (CISC), plans to issue up to RMB 2 billion in cooperate bonds, according to an announcement the company made today, sources reported.The bonds, which can be issued in several tranches, will have durations not
20 Feb 2009
19. Towngas to build fuel base in Chongqing
The Hong Kong and China Gas Company Ltd (Towngas)<3>, the monopoly provider of towngas in Hong Kong, plans to spend RMB 3 billion on building a fuel base in Chongqing, sources reported.The fuel base will be located in Chongqing's coal-producing Wansheng District. The Hong Kong-listed company's new
19 Feb 2009
20. Dalian Wanda to invest RMB 20 bln in Chongqing property project
Dalian Wanda Group Corporation Ltd, a large group engaged in development of real estate, hotels and chain department stores, plans to inject RMB 20 billion into a giant development in Shapingba district of Chongqing, sources reported.The undeveloped land, covering an area of 1,500 Mu, will be the site for a
18 Feb 2009
 
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