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1. China Overseas Land buys land in Shenyang for RMB 3.5 bln
China Overseas Land & Investment Ltd<0688> on Nov. 13 acquired a piece of land in Huanggu District, Shenyang, Liaoning Province for RMB 3.5 billion after it won the bid for a 1.27-million square meter parcel for RMB 3.5 billion in the same city two weeks ago, sources reported.The newly acquired parcel, which has...
17 Nov 2009
2. Shenyang Machine Tool to sell 30% equity interest
Shenyang Machine Tool (Group) Co Ltd, a state-owned machine tool manufacturer, plans to sell a 30% equity interest via the Shenyang United Assets and Equity Exchange, sources reported. Shenyang State-owned Assets Supervision and Administration Commission, the owner of 94.15% of the machine tool...
16 Nov 2009
3. COFCO Dalian Rice Processing's Dalian plant starts production
COFCO Dalian Rice Processing Ltd, a subsidiary of COFCO Group, China's largest food manufacturer and trader, over the weekend launched production at a rice processing plant in Dayaowan Port, Dalian, a key city in Liaoning Province, sources reported.The new plant, which is the only rice processing facility...
16 Nov 2009
4. BMW to set up 2nd China plant to expand output
German luxury car maker BMW AG on Tuesday signed a memorandum of understanding with its Chinese partner, Brilliance China Automotive Holdings Ltd<1114>, to invest US$735 million to raise production capacity, sources reported.The investment will partly be used to fund the expansion of an existing joint...
13 Nov 2009
5. 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
6. BMW China sales surge 81% to 9,558 units in Oct
BMW AG, the world's largest premium car maker, said on Monday that it sold 9,558 units of BMW and Mini-branded cars in China last month, 81% more than in the same period of last year, the Wall Street Journal reported.In the first ten months of the year, vehicle sales in China rose 36.7% from 52,622 units a year ago...
10 Nov 2009
7. Henderson Land buys land in Dalian for RMB 300 mln
Henderson Land Development Co Ltd<0012>, the third-largest Hong Kong real estate developer by market capitalization, has spent RMB 300 million to acquire a piece of land in Dalian, Liaoning Province, sources reported.It is the property developer's first land purchase in mainland China. The company plans...
9 Nov 2009
8. U.S.-based BorgWarner launches JV in Dalian
BorgWarner United Transmission Systems Co Ltd (BWUTS), BorgWarner Inc's China joint venture (JV) with China Automobile Development United Investment Co Ltd (CDUI), recently started the construction of a manufacturing base in Dalian, a coastal city in northeastern China's Liaoning Province, the China Daily
25 May 2009
9. Dalian Jinniu to purchase property assets
Dalian Jinniu Co Ltd<000961> has announced that it obtained approval on May 21 from the China Securities Regulatory Commission (CSRC) to purchase assets from Zhongnan Real Estate, a famous property developer in Jiangsu Province, through bond issuance, sources reported. The approval will expire
25 May 2009
10. Dalian port to issue mid-term notes
Dalian Port (PDA) Co Ltd<2880>, the leading oil and container terminal operator in China, announced that it will issue five-year notes worth RMB 1 billion on Jun. 1. This batch of bonds will be issued on the interbank market at face value, and the yield will be determined during the process of book building,
25 May 2009
11. Dalian Wanda obtains RMB 850-mln loan for hotel construction
Dalian Wanda Group Corp Ltd, engaged in the development of commercial properties, luxury hotels, cultural industries and chain stores, obtained a loan of RMB 850 million from Bank of China (BOC)<601988><3988> for two hotels to be built in Sanya City, Hainan Province, sources reported.
30 April 2009
12. Dalian Port, PetroChina to launch LNG JV in Xingang
Dalian Port (PDA) Company Limited<2880> will set up a liquefied natural gas (LNG) terminal joint venture with PetroChina<601857><857>, the nation's top oil producer, according to the Hong Kong-listed port operator's statement on Wednesday.The planned joint venture (JV), with a registered capital of RMB
20 March 2009
13. Wanda Group burns through RMB 56 bln
Dalian Wanda Group Corp Ltd, a large group engaged in development of real estate, hotels and chain department stores, has spent more than RMB 56 billion in project development since last October, sources reported.Since last October, the group has invested RMB 10.5 billion in a project in Nanjing, RMB
19 March 2009
14. Switzerland's SGS Group launches third-party lab in Dalian
SGS Group, a global inspection and testing company headquartered in Switzerland, established on Monday a third-party food laboratory, the SGS-CSTC Zhangzidao Food Lab, in Dalian Zhangzidao Fishery Group Co Ltd<002069>, in Dalian, Liaoning province.The new lab, as the first SGS food lab in Northeast
11 March 2009
15. Dalian property firms obtain RMB 16 bln in loans
In Dalian, a major city in Liaoning Province, five banks signed 23 contracts with 16 real estate companies on Mar. 8, lending them RMB 16 billion in total, sources reported.Zhang Jun, the vice mayor of the seaside city, said that Dalian has earmarked RMB 57 billion for the property market this year and plans to achieve a
10 March 2009
16. Ikea opens store in Dalian
Sweden-based Ikea Group Co Ltd, one of the world's largest home furniture retailers, opened its seventh store in China last month.The 47,000-square-meter store is located in the city center of Dalian, which is the second largest city in Liaoning Province.The home furniture retailer plans to change the shopping
6 March 2009
17. Shenyang to start US$3 bln property project
Shenyang, the capital of China's Liaoning Province, signed a property contract worth US$3 billion with Indonesia-based Ciputra Group on Feb. 27, sources reported.The huge mixed-use real estate project will cover an area of about 3.13 square kilometers and will be located in Shenyang's Hushitai economic
3 March 2009
18. Liaoning to spend RMB 20 bln on power grid
China's northeastern Liaoning Province has secured nearly RMB 20 billion in investment for power grid projects that will enlarge and secure the provinceâ??s power supply, sources reported.There are 48 power grid projects that began construction recently, including a 500 kilovolt power substation and a 107
3 March 2009
19. Liaoning to set up RMB 20 bln industry fund
China's northeastern Liaoning Province has won the approval from the National Development and Reform Commission (NDRC) to set up a fund worth RMB 20 billion in a bid to boost the equipment manufacturing industry in the province, the 21st Century Business Herald reported
11 Feb 2009
20. Dalian Wanda appoints Hilton Hotels Corp to manage hotels
China's Dalian Wanda Group signed a strategic cooperation agreement with the U.S.-based Hilton Hotels Corp appointing the latter to manage five of its hotels in China, the China Hospitality News reported. The hotels specified in the agreement are Conrad Dalian, Hilton Dalian, Conrad Sanya Haitang Bay,
6 Feb 2009
 
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