Management

Foxconn Spent CNY2 Billion in AI to Transform Into Platform From OEM

Foxconn Spent CNY2 Billion in AI to Transform Into Platform From OEM

Hon Hai Precision Industry Co., better known as Foxconn Technology Group, has officially announced the start of two AI research incubation programs…

Feb 8, 2018
Li Na
China’s Jack Sewing Buys Italian Machinery Makers, Adding to Overseas Acquisitions

China’s Jack Sewing Buys Italian Machinery Makers, Adding to Overseas Acquisitions

Jack Sewing Machine Co. plans to buy leading Italian makers of industrial sewing machines for a total EUR23.2 million (USD28.6…

Feb 7, 2018
Tang Shihua
Chinese Crude Drug Firm Gets Approval to Sell in US, Germany and Russia

Chinese Crude Drug Firm Gets Approval to Sell in US, Germany and Russia

A unit under Tianjin Chase Sun Pharmaceutical Co. is able to sell its crude drugs in three foreign countries after obtaining certification in the US, Germany and Russia.

Feb 7, 2018
Tang Shihua
Evergrande Receives Positive Outlook From Morgan Stanley After Strong Sales Last Month

Evergrande Receives Positive Outlook From Morgan Stanley After Strong Sales Last Month

Leading property development firm China Evergrande Group recorded sales of more than CNY64 billion (USD10.1 billion) last month, a surge…

Feb 7, 2018
Dou Shicong
Xilong Scientific Acquires 74% Equity in Molecular Diagnostic Technology Company to Improve IVD

Xilong Scientific Acquires 74% Equity in Molecular Diagnostic Technology Company to Improve IVD

Xilong Scientific Co. will invest substantial amount of cash to acquire majority equity in a molecular diagnostic technology company to…

Feb 7, 2018
Tang Shihua
Wang Jianlin Makes ‘Smart Move’ Selling 12.8% of Wanda Film to Alibaba, State Firm

Wang Jianlin Makes ‘Smart Move’ Selling 12.8% of Wanda Film to Alibaba, State Firm

Wang Jianlin’s Wanda Group Co. has decided to sell almost 12.8 percent of subsidiary Wanda Film Holding Co. to internet…

Feb 6, 2018
Liao Shumin
China to Proactively Help Its Enterprises Subjected to International Trade Dispute Cases

China to Proactively Help Its Enterprises Subjected to International Trade Dispute Cases

China will be more proactive in helping Chinese companies to deal with international trade disputes to safeguard China's industrial stature.…

Feb 6, 2018
Tang Shihua
Zoneco Slides by Daily Limit After Seafood Firm Flagged USD115 Million Loss for 2017

Zoneco Slides by Daily Limit After Seafood Firm Flagged USD115 Million Loss for 2017

Shares of Zoneco Group Co. tumbled by their daily trading limit in the wake of the Chinese seafood producer’s announcement…

Feb 5, 2018
Dou Shicong
Mobile Video Firm Expects USD250 Million Loss for 2017 as GM Remains Missing

Mobile Video Firm Expects USD250 Million Loss for 2017 as GM Remains Missing

Bus Online Co., a Chinese provider of mobile video solutions to the transport sector, expects to report a loss for…

Jan 31, 2018
Liao Shumin
China Vanke Refers Baoneng Subsidiary to Securities Regulator in Battle of Ownership

China Vanke Refers Baoneng Subsidiary to Securities Regulator in Battle of Ownership

China Vanke Co. has referred Shenzhen Jushenghua Ltd. to the securities regulator, saying the company illegally holds Vanke shares, asking…

Jan 30, 2018
Xu Wei
JC Group Launches Earth Civilization Foundation With Participation of Seven Nobel Laureates

JC Group Launches Earth Civilization Foundation With Participation of Seven Nobel Laureates

JC Group, one of the biggest conglomerates in China, has unveiled the Earth Civilization Conference and the Earth Civilization Foundation…

Jan 30, 2018
Yicai Global
Huazhu Hotels Partners TPG to Buy Two Beijing Properties in Shift From Asset-Light Core

Huazhu Hotels Partners TPG to Buy Two Beijing Properties in Shift From Asset-Light Core

Huazhu Hotels Group Ltd., formerly known as China Lodging Group Ltd., plans to deviate from its asset-light model by buying two hotels in the Chinese capital.

Jan 30, 2018
Liao Shumin

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