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1. ICBC to lend RMB 10 bln for M&A activities in Heilongjiang
The Heilongjiang branch of Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's biggest lender by market value, has signed a strategic agreement to provide the Heilongjiang Provincial Assets and Equity Exchange Center a credit line of RMB 10 billion to support corporate mergers
1 June 2009
2. Heilongjiang sees property investment grow 37.8% in Q1
Heilongjiang, a northern province in China, saw real estate investment total RMB 620 million in the first quarter of this year, a year-on-year increase of 37.8%, according to the municipal statistical bureau. In the first three months, investment in residential properties in Heilongjiang amounted to RMB 390
13 May 2009
3. China Coal Energy suspends investment in Heilongjiang project
China Coal Energy Co Ltd<601898><1898> will suspend investment in a plant in Jixi, Heilongjiang in North China, which it has already invested RMB 12 million.The project, which is expected to produce 10 million tons of coal a year, will not be as profitable as planned due to the negative effects from the global
31 March 2009
4. Harbin to invest RMB 16 bln in property development
Harbin, the capital city of Heilongjiang Province, has earmarked RMB 16 billion to start property construction with potential floor area of 14 million square meters, of which 4.5 million square meters are expected to be completed this year, according to the city's real estate development department.
10 March 2009
5. Heilongjiang to buy 2.5 bln kg of soybean stock
The Grain Administration of Heilongjiang Province plans to procure an additional 2.5 billion kg of locally grown soybeans before the end of April 2009 in order to help stabilize soybean prices in the domestic market, sources reported.The province, which began buying soybeans last fall, plans to hold soybean
4 Feb 2009
6. Heilongjiang to invest RMB 22 bln in railway construction
China's northeastern Heilongjiang Province plans to invest RMB 22 billion this year in key railway projects for passenger transportation, the Shanghai Securities News reported.The four key railway projects include two dedicated passenger lines, a railway station and a container center. With the addition of the Harbin-
3 Feb 2009
7. QKL sets up 2 new supermarkets in northern China
QKL Store Inc, a Chinese supermarket chain, has launched two new stores in China's Heilongjiang and Inner Mongolia respectively, sources reported.The new outlet located in Boli, Heilongjiang Province is the 29th store of QKL and has an area of about 42,000 square feet. Another new outlet covers an area of
6 Jan 2009
8. Harbin Pharmaceutical issues RMB 800 mln short-term bonds
Harbin Pharmaceutical Group Co Ltd<600664>, China's second-biggest drug maker by market value, Wednesday announced it issued RMB 800 million financing bonds with a maturity of 365 days on the interbank market on Nov. 17.The yield of the bonds was set at 4.78%. Proceeds from the issuance will be
19 Nov 2008
9. PetroChina starts construction of Heilongjiang project
PetroChina Co Ltd<601857><857>, China's largest oil and gas producer, has commenced on construction of an oil shale refinery located in Mudanjiang city, Heilongjiang province, according to a report by Xinhua News Agency. The refinery, with a total investment of RMB 1 billion, is designed to process 1.2
14 Aug 2008
10. China Jianyin acquires controlling stake in Tianqi Futures
China Jianyin Investment Securities Co. (CJIS) has acquired controlling stake in Heilongjiang Tianqi Futures Brokerage Co. Ltd, said the company on its website. Based on the terms of the contract signed by the two sides in February this year, Tianqi Futures will receive capital injection of RMB 70 million from
9 July 2008
11. China launches northernmost airport
Mohe Airport, located at China's north border in Heilongjiang Province, started operation on Jun 18. China Southern Airlines<600029><1055>'s A320 will fly the daily Beijing-Harbin-Mohe route. According to the schedule, the flight will take off from Beijing at 10:50 and reach Harbin at 12:30, then
19 June 2008
12. Generali's China JV approved to set up 1st branch in Daqing
Italy's Assicurazioni Generali SpA's Chinese joint venture got approval from China Insurance Regulatory Commission (CIRC) to set up its first branch in the country. The new branch of Generali China Insurance Co will be located in Daqing, northern China's Heilongjiang province, according to a statement released by
25 March 2008
13. Chalco, Aricom to venture into titanium
Aluminum Corp of China (Chalco)<601600><2600>, China's top aluminum producer, will cooperate with London-listed Aricom Plc to set up a titanium sponge project in Heilongjiang Province. Chalco will hold a 35% stake and Aricom 65% in the US$300 million joint venture. The plant, located in
28 Jan 2008
14. Hanwei to acquire China's Daqing Deta for RMB 600 mln
Vancouver-based Hanwei Energy Services Corp, a power generation equipment company, announced it has agreed to acquire 100% of China's Daqing Deta Electric Co. Ltd. for RMB 600 million (C$1.2 billion). A Memorandum of Understanding (MOU) contract has been signed by Hanwei, Deta and Ruihao.
28 Jan 2008
15. Songzai International to take stake in 2 mining companies
Songzai International Holding Group, Inc., a China-based coal producer and reseller, has inked deals to acquire a 90% equity stake in two mining companies in Northeast China's Heilongjiang province, namely Heilongjiang Xing An Group Hong Yuan Coal Mining Co., Ltd. (Hong Yuan) and Heilongjiang Xing An
8 Jan 2008
16. PetroChina to set up ethylene plant in Daqing
China’s biggest oil company, PetroChina Co, Ltd. <601857><857> will build an ethylene plant in Daqing at the end of this month, to increase the annual capacity of the plant to 1.2 million metric tons a year, said the
19 Dec 2007
17. China Yingxia's net income climbs 131% in Q3
China Yingxia International, Inc, a Chinese enterprise primarily engaged in the development, production and sales of nutritional health products, reported its third quarter financial results that ended Sep. 30, 2007.For
26 Nov 2007
18. China's 1st biomass-fired power plant starts operation
China’s first biomass-fired power plant, which generates electricity through burning plant and vegetables, started operation on Monday in Northeast China’s province Heilongjiang. The power plant, with an
6 Nov 2007
19. China UnionPay to set up branch in Heilongjiang
China UnionPay, the nation's only cross-bank card system operator, is making strong inroads by setting up a branch in Heilongjiang Province on Thursday, according to sources.Thus, the new branch is the 31st branch
29 Oct 2007
20. PetroChina expects 40 mln tons of oil from Daqing in 2008
China's largest oil and gas producer, PetroChina<857>, announced that the company expects the annual production of Daqing oilfield to reach 40 million tons next year.Jia Dong, chief accountant of PetroChina's
29 Oct 2007
 
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