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1. Evergrande starts RMB 10-bln property project in Tianjin
Evergrande Real Estate Group Ltd<3333>, a Guangzhou-based property enterprise that debuted on the main board on the Hong Kong Stock Exchange on Nov. 5, has started building its first large-scale property project in Tianjin, sources reported.The mixed-use property project, which will comprise residential...
17 Nov 2009
2. Bank of Tianjin to issue up to RMB 1.5 bln in subordinated bonds
Bank of Tianjin Co Ltd announced that it will issue up to RMB 1.5 billion in subordinated bonds from Nov. 18 to Nov. 20, sources reported.The ten-year bonds will have a fixed coupon rate during the first five years. The proceeds of the bonds will be used to replenish the lender's working capital and optimize its capital...
12 Nov 2009
3. Sino-Ocean Land sees robust sales growth
Sino-Ocean Land Holdings Ltd<3377>, a real estate firm headquartered in Beijing, said its sales had reached RMB 11 billion as of Oct. 25 this year, representing a robust year-on-year growth of 175%, sources reported.In September, the developer raised its target of contracted sales to RMB 11 billon from...
6 Nov 2009
4. Yeland acquires land in Tianjin
A Beijing subsidiary of real estate developer Yeland Group Co Ltd<000616> on Oct. 30 won the bids for two plots in Hongqiao District, Tianjin for RMB 1.46 billion in total, sources reported.One plot covers a land area of 45,000 square meters and will have a floor area ratio of 2.5, and the other, a 48,000-sq m plot, will...
5 Nov 2009
5. Sinopec, Saudi Basic Industries build ethylene plant in Tianjin
Sinopec<600028><0386> and Saudi Basic Industries Corp or SABIC on Tuesday inaugurated an RMB 18.3-billion ethylene project in Tianjin, sources reported.According to the plan, the two firms have set up a 50:50 joint venture called Sinopec SABIC Tianjin Petrochemical Co Ltd to develop the project, which
5 Nov 2009
6. OCT to invest RMB 5 bln in tourism project in Tianjin
OCT Corp, a state-owned group directly controlled by the State Property Management Commission of the State Council, on May 24 signed a contract with the Tianjin municipal government to build an RMB 5-billion ecological community in Dongli District, Tianjin, sources reported. Ren Kelei, CEO and president, said that
25 May 2009
7. Petrochina Dagang Oilfield sells natural gas to Sinopec Tianjin
PetroChina Dagang Oilfield Co, a subsidiary of China's largest oil producer, PetroChina<601857><0857>, has signed a natural gas supply contract with Sinopec Tianjin Co, a unit of Sinopec<600028><0386>, the largest refiner in Asia by capacity, the Shanghai Securities News
19 May 2009
8. 7-Eleven to open 200 stores in Tianjin
7-Eleven recently established a subsidiary in Tianjin and plans to open 200 stores across the city, sources reported.7-Eleven, the world's leading chain of convenience stores, entered the Shanghai market in late April and opened four stores in the city's commercial hubs, residential areas and transfer stations in Xuhui
18 May 2009
9. Wanda invests RMB 5 bln in Tianjin project
Dalian Wanda Group Corp Ltd, which is engaged in the development of real estate, hotels and chain department stores, on May 11 started construction on a RMB 5 billion commercial property project in Tianjin named Wanda Plaza, sources reported. The new Wanda Plaza, located in Tianjin's Hedong
13 May 2009
10. AVIC helicopter plant begins construction in Tianjin
State-owned Aviation Industry Corp of China (AVIC), the country's leading aviation manufacturer, officially started the construction of its helicopter plant in Tianjin on Friday, the China Daily reported.The plant is expected to reach an annual production of at least 300 helicopters, which will account for 15% to 20% of
12 May 2009
11. COFCO starts grain, oil base construction in Tianjin
China National Cereals, Oils & Foodstuffs Corp (COFCO), China's leading grain, oil and foodstuff import and export group, started construction of a grain, oil base in Tianjin harbor industrial park on Tuesday. The RMB 4 billion project will have an oil production capacity of 6 million tons. Upon completion of the new
30 April 2009
12. Tianjin Port Dev't suffers 45.8% decline in net profit in 2008
Tianjin Port Development Holdings Ltd<3382> announced that its net profit declined 45.8% from the previous year to RMB 130 million. The company's turnover was RMB 1.26 billion in 2008, reflecting a year-on-year increase of 5.46%.Last year, Tianjin Port Alliance International Container Terminal Co Ltd, partly
27 April 2009
13. Tianjin Eco-City to build RMB 1 bln int'l school and residential project
Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd (SSTEC), a 50:50 joint venture between Chinese and Singapore consortiums led by Tianjin TEDA Investment Holding and Keppel Group respectively, signed a Memorandum of Understanding (MOU) earlier this month with Chiway Holding
27 April 2009
14. Airbus may locate part of A350 work in Tianjin
Airbus SAS is in talks with Chinese counterparts to locate a part of the A350 work in Tianjin, which would involve a new segment within the airplane manufacturing industry, said Marc Bertiaux, vice-president of Airbus Cooperation and Partnership with China, China Daily reported on Wednesday.
23 April 2009
15. 11 locally-assembled Airbus A320s to be delivered this year
A total of 11 Airbus A320 aircraft assembled in Tianjin assembly line will be delivered to four domestic airlines this year, namely Sichuan Airlines Co Ltd, Hainan Airlines Co Ltd<600221><900945>, Shenzhen Airlines Co Ltd and China Eastern Airlines Co Ltd<600115><670>, the China Daily reported
20 April 2009
16. Tianjin mulls merger of 4 state-owned steel firms
The Tianjin State-owned Asset Supervision and Administration Commission, plans to merge its four state-owned steel mills into a group with annual capacity of about 23 million tons, sources reported.The four mills are Tianjin Tiantie Metallurgical Group, the largest among the four companies, Tianjin Tiangang
14 April 2009
17. Dalian Wanda to start RMB 3.3-bln Tianjin project in May
Dalian Wanda Group Corp Ltd, engaged in the development of real estate, hotels and chain department stores, intends to start a property project with investment of RMB 3.3 billion in Hedong District, Tianjin next month, sources reported.The commercial project will be situated in the northern area of Hedong's Jinbin
14 April 2009
18. Tianjin sees reviving property market
China's Tianjin Municipality saw property transaction volume hit 5,182 units or 540,000 square meters (sq m) in the first half of this month, a sharp month-on-month increase of 146% in the number of units and 155% in area, according to Tianjin's Administration of Land, Resources, and Housing.
25 March 2009
19. ChemChina to invest RMB 50 bln in plant in Tianjin
The state-owned China National Chemical Corp (ChemChina), parent of China National Bluestar Group Corp, plans to spend RMB 50 billion over the next five years to set up a production site in Tianjin, the China Daily reported, citing the chemical producer's president, Ren Jianxin.
19 March 2009
20. Tianjin to invest RMB 11.2 bln in 10 property projects
Tianjin, one of China's four municipalities directly under the central government, has earmarked RMB 11.2 billion for 10 real estate projects in the city's Nankai District, sources reported.The 10 projects will be jointly developed by Tianjin Eco-city Investment & Development Co Ltd and Singapore-headquartered Keppel
11 March 2009
 
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