Management

Surviving Will Be Hard Without Fresh Funding, Leshi Admits to Bourse

Surviving Will Be Hard Without Fresh Funding, Leshi Admits to Bourse

 Leshi Internet Information & Technology Corp. [SHE:300104] explained its current perilous straits in detail in its reply to an inquiry letter from the Shenzhen Stock Exchange.

Apr 4, 2018
Liao Shumin
China Tower Fixes to List, Plans Hong Kong IPO This Year

China Tower Fixes to List, Plans Hong Kong IPO This Year

China Tower Co. is preparing for a listing, with the goal of submitting its initial public offering application to the Hong Kong…

Apr 3, 2018
Liao Shumin
Tianshui Huatian Sets Up USD16-Million Semiconductor Support Subsidiary

Tianshui Huatian Sets Up USD16-Million Semiconductor Support Subsidiary

Tianshui Huatian Technology Co. has invested CNY100 million (USD16 million) to form a wholly-owned unit to aid in developing its integrated circuit business.

Apr 3, 2018
Tang Shihua
Alibaba to Take Full Ownership of Ele.me, Valuing Delivery Platform at USD9.5 Billion

Alibaba to Take Full Ownership of Ele.me, Valuing Delivery Platform at USD9.5 Billion

Alibaba Group Holding Ltd., China’s largest e-commerce company, plans to buy all the shares it does not already own…

Apr 2, 2018
Xu Wei
Ninestar Founds Three-Way JV in Zhuhai to Shift Lexmark Production Down South

Ninestar Founds Three-Way JV in Zhuhai to Shift Lexmark Production Down South

Ninestar Corp. will partner two companies to set up a joint venture in southern China as it looks to…

Mar 30, 2018
Tang Shihua
Leshi Seeks Third-Party Funding Amid Operating Difficulties

Leshi Seeks Third-Party Funding Amid Operating Difficulties

Cash-strapped Leshi Internet Information and Technology Corp. says it is working hard to overcome operating difficulties and will seek out third-party funding.

Mar 28, 2018
Liao Shumin
HNA Group to Unload 41 Aircraft as Selling Spree Continues

HNA Group to Unload 41 Aircraft as Selling Spree Continues

Avolon Aerospace Leasing Ltd., a subsidiary of cash-strapped HNA Group Co., has agreed to sell 41 airplanes and their existing leases to Sapphire Aviation Finance I Ltd. for USD884 million.

Mar 27, 2018
Liao Shumin
Chinese Drugmaker Cancels Plans to Acquire Assets of US Firm

Chinese Drugmaker Cancels Plans to Acquire Assets of US Firm

Chinese drug manufacturing services provider Porton Fine Chemicals Ltd. has aborted plans to acquire drug manufacturing assets from an unnamed…

Mar 26, 2018
Liao Shumin
Huawei Switches to Rotating Chairman System With Ren Zhengfei Remaining CEO

Huawei Switches to Rotating Chairman System With Ren Zhengfei Remaining CEO

Huawei Technologies Co., China’s biggest smartphone maker, has ended its chief executive rotation system with Ren Zhengfei remaining CEO following the most recent board election.

Mar 26, 2018
Li Na
Shanghai Issues Early Warning to New Didi Rival Meituan Dache

Shanghai Issues Early Warning to New Didi Rival Meituan Dache

Three government departs in Shanghai have called in Meituan Dache, Meituan Group’s ride-hailing platform which hopes to take on Didi…

Mar 22, 2018
Liao Shumin
Tempus Global Plans to Invest in Russian Airline I Fly to Open New Routes for Chinese Tourists

Tempus Global Plans to Invest in Russian Airline I Fly to Open New Routes for Chinese Tourists

Tempus Global Business Service Holding Ltd. plans to strategically invest in Russian airline I Fly Ltd. for bilateral business cooperation…

Mar 20, 2018
Tang Shihua
Douyin Seeks International Partners to Take Its Short-Video Platform Worldwide

Douyin Seeks International Partners to Take Its Short-Video Platform Worldwide

Douyin, the Chinese short video platform that raced to 100 million users within a year of its release, hopes to find new partners as it mulls going global.

Mar 20, 2018
Jiang Xuan

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