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1. Shanda, Hunan TV to set up RMB 600-mln JV
Shanda Pictures Ltd, a fully-owned subsidiary of Chinese online game operator Shanda Interactive Entertainment Ltd, announced Thursday that it has formed a strategic cooperation with Hunan Broadcasting and Television Group, also known as Hunan TV, one of the leading entertainment brands...
16 Nov 2009
2. China Minmetals to buy stake in Hunan Nonferrous Metals
China Minmetals Corp, the largest iron and steel trader in China, will soon acquire a stake in Hunan Nonferrous Metals Corp Ltd<2626>, China's top zinc producer, said Zhao Cuiqing, a senior official with the China Nonferrous Metal Industry Association, on Saturday.Zhao said in a meeting in Shanghai that the...
16 Nov 2009
3. Gemdale posts Oct sales, buys land in Dongguan and Shenyang
Gemdale Corp<600383>, which is principally engaged in developing residential property projects, today announced that it reaped RMB 1.57 billion in sales revenue in October, 37.1% more than last October, and that its sales area swelled 20.7% year on year, hitting 141,200 square meters, sources reported.In the first...
10 Nov 2009
4. China starts building 3 nuclear power stations inland
China has begun the design and construction of three inland nuclear power stations as part of its effort to boost economic growth in the vast inland areas, said Wang Binghua, chairman of State Nuclear Power Technology Corp, the official Xinhua News Agency reported.The three power stations will be located in...
9 Nov 2009
5. Hunan AVA to issue 200 mln shares by private placement
Hunan AVA Holdings Co Ltd<000918>, a real estate developer based in Hunan Province, on Wednesday announced that it plans to issue up to 200 million A shares for RMB 3.6 billion at most in private placement, sources reported.The proceeds from the issuance will be used to fund development in eight...
6 Nov 2009
6. Valin gets China NDRC's approval to buy Fortescue
Fortescue Metals Group Ltd announced today that the purchase agreement it signed with Hunan Valin Iron and Steel Group has been approved by China's National Development Reform Commission (NDRC). The agreement specifies that Valin will purchase 260 million new shares of Fortescue at A$2.48 per share, for
22 April 2009
7. Hunan Corun New Energy to acquire electronics company, facilities
Hunan Corun New Energy Co Ltd <600478>, a Chinese battery and nickel products manufacturer and seller, plans to spend RMB 120 million in cash to buy Changsha and Seoul Electronics Co Ltd, an electronics company in Changsha, the capital city of Hunan Province, sources reported.
16 April 2009
8. Hunan Chendian Int'l Dev't gets RMB 500 mln funds and financing
Hunan Chendian International Development Share-Holding Ltd Co<600969>, a Chinese electricity company, today announced that it has obtained RMB 500 million in funds and funding for the rural electricity network modification project, sources reported.
16 April 2009
9. Hunan Nonferrous to purchase metal as reserves
Hunan Nonferrous Metals Co Ltd<2626>, China's top zinc producer, plans to spend RMB 1.2 billion to stockpile metals whose prices have plunged, sources reported. The Hing Kong-listed company plans to obtain loans from banks to buy lead, zinc, tungsten, antimony and indium from smelters and sell again
15 April 2009
10. Australian gov't approves Valin Iron, Fortescue deal
Hunan Valin Iron and Steel Group, a state-owned steelmaker in China, has secured conditional approval from the Australian government for its proposed purchase of a stake of up 17.55% in Fortescue Metals Group (FMG), the nationâ??s third largest iron ore exporter, according to a statement released by Australian
1 April 2009
11. Hunan to invest RMB 200 bln for technological innovation
Central China's Hunan Province will spend RMB 200 billion on technological innovation in 2009, up 30% year on year, the Shanghai Securities News reported, citing the Hunan Forum for Technological Innovation. It is estimated that over 800 technological innovation projects, each worth more than RMB 30 million, will
16 Feb 2009
12. Electrolux to shut down Changsha plant
Electrolux Group, a Swedish manufacturer of home and professional appliances, will shut down its refrigerator manufacturing plant in Changsha, the capital city of Hunan Province in central China, as the plant has not made any profit, the China Daily reported, citing the company's newly appointed China
9 Feb 2009
13. Hunan Nonferrous Metals resumes trading on Mon
China-based Hunan Nonferrous Metals Corp Ltd<2626> announced that it will resume its share trading in Hong Kong on Feb. 2. Trading in shares of the company was suspended last Friday pending a company announcement, said the Hong Kong Stock Exchange (HKEx), without providing further details.
2 Feb 2009
14. China Power Inv't to build nuclear plant in Hunan
China Power Investment Corp, one of the country's Top 5 power generating companies, has recently signed an agreement with Hunan provincial government to invest RMB 60 billion in the development of power facilities, the Shanghai Securities News reported.Under the agreement, China Power Investment
12 Jan 2009
15. McDonald joins hands with BuBuGao to expand in Hunan
McDonald's China unit has inked a strategic cooperation agreement with Hunan-based Better Life Commercial Chain Share Co Ltd (BuBuGao)<002251> in a bid to further expand in the local market. Under the terms of the agreement, the two sides will open four new McDonald's restaurants this year.
9 Jan 2009
16. BOC to acquire Hunan Trust & Investment
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, is seeking to buy Hunan Trust & Investment Co, according to sources.The two sides have started talks about the deal three months ago, but the deal has not finalized yet, sources cited Zeng Shimin, deputy general manager of the Hunan-based
5 Sept 2008
17. Hunan Nonferrous Metals H1 net drops 75.5%
Hong Kong-listed Hunan Nonferrous Metals Corp (HNG)<2626>, one of the largest integrated producers of nonferrous metals including zinc and tungsten, announced in its interim financial report that its net profit fell 75.5% to RMB 74 million. The company's profit before tax decreased by RMB 443 million or 61.4%, to
26 Aug 2008
18. China Guodian Corp to fund Hunan power projects
The National Development and Reform Commission, China's top economic planning agency, Wednesday announced China Guodian Corp will invest RMB 20 billion on power projects in Hunan Province within three to five years. China Guodian Corp, parent of GD Power Development Co
14 Aug 2008
19. AIM-listed Galleon Holdings teams up with China's Hunan TV
Galleon Holdings Plc., a multimedia company, announced Monday its has signed an agreement with China's Hunan Television (HNTV) to develop and facilitate interactivity for a series of programs to be broadcast on its Entertainment Channel.Under the deal, interactive game play, functionality and content
9 July 2008
20. ArcelorMittal to launch flat carbon steel JV in China
ArcelorMittal, the world's largest steel producer controlled by Indian billionaire Lakshmi Mittal, will set up a new flat carbon steel joint venture in China with Hunan Valin Group and Hunan Valin Steel Tube & Wire Co. Ltd<000932>, in Hunan Province, according to sources.Under a contract signed on Jun. 27, the new
30 June 2008
 
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