Management

China Railway Group Unit Allegedly Forged Documents to Win Major Project

China Railway Group Unit Allegedly Forged Documents to Win Major Project

China Railway Construction Engineering Group Co. has been accused of using underhanded practices to qualify to bid on a major…

Jan 22, 2018
Xu Wei
Listed LeEco Arm May Have Overstated Amount Affiliates Owed It, Leshi Holding Says

Listed LeEco Arm May Have Overstated Amount Affiliates Owed It, Leshi Holding Says

Leshi Internet Information & Technology Corp. may have overstated the amount Leshi Holding Beijing Co. and its affiliates owe the listed LeEco arm.

Jan 22, 2018
Xu Wei
Leshi Listed Unit Stops Investments in Le Vision Pictures After Parent’s Defaults

Leshi Listed Unit Stops Investments in Le Vision Pictures After Parent’s Defaults

Struggling conglomerate LeEco’s listed arm will stop investing in the group’s film production and distribution division after court’s froze its parent firm’s equity in the division.

Jan 19, 2018
Xu Wei
Huawei Fines Execs in Response to Business Fraud Issues

Huawei Fines Execs in Response to Business Fraud Issues

Operational quality problems and business fraud have troubled units of Huawei Technologies Co. in recent years, per an internal document…

Jan 19, 2018
Li Na
Sunac Looks to Revive Leshi Finance With Rebrand, New Staff

Sunac Looks to Revive Leshi Finance With Rebrand, New Staff

Sun Hongbin, the chairman of property developer Sunac China, aims to breathe new life into Leshi Finance by rebranding it…

Jan 18, 2018
Dou Shicong
China Knocks US ‘Notorious Markets’ Blacklist for Lack of ‘Concrete Evidence’

China Knocks US ‘Notorious Markets’ Blacklist for Lack of ‘Concrete Evidence’

The US lacks “concrete evidence and data support” for the inclusion of nine Chinese marketplaces such as Alibaba’s e-commerce platform…

Jan 18, 2018
Tang Shihua
Russia's Largest Gold Miner Cancels 15% Equity Sale to China's Fosun

Russia's Largest Gold Miner Cancels 15% Equity Sale to China's Fosun

Russia's largest gold mining concern, Polyus Gold International Ltd., has called off an agreement to sell 12,519,000 of its shares…

Jan 16, 2018
Xu Wei
Rescue Workers Board Sanchi for First Time Since It Collided With Another Ship

Rescue Workers Board Sanchi for First Time Since It Collided With Another Ship

Rescue workers have boarded the ill-fated oil tanker MV Sanchi for the first time following its collision with another ship about a week ago.

Jan 13, 2018
Tang Shihua
Shanghai Web Watchdog Shuts Chinese Versions of Marriott’s Site, App

Shanghai Web Watchdog Shuts Chinese Versions of Marriott’s Site, App

Shanghai’s internet regulator sternly admonished Marriott International Inc. and Shanghai Marriott Hotels & Resorts yesterday, China Central Television reported.

Jan 12, 2018
Liao Shumin
LeEco Founder Jia Yueting Sells His Stake in Smartphone Unit Coolpad to Pay Debts

LeEco Founder Jia Yueting Sells His Stake in Smartphone Unit Coolpad to Pay Debts

Jia Yueting, founder of financially-troubled Leshi Holding and LeEco brand, has sold all shares of Coolpad Group Ltd. he owned…

Jan 12, 2018
Liao Shumin
Japan’s Nitto Denko Denies It Closes Suzhou Factory in China

Japan’s Nitto Denko Denies It Closes Suzhou Factory in China

Japan’s polarizing film giant Nitto Denko Corporation denied reports that it closed its Suzhou factory. Nitto Denko is positive about…

Jan 12, 2018
Xu Wei
IRICO Display Devices and Corning to Establish USD60-Million Joint Venture

IRICO Display Devices and Corning to Establish USD60-Million Joint Venture

Shaanxi-headquartered Liquid Crystal Display maker IRICO Display Devices [SHA:600707] will establish a joint venture with American glass manufacturer Corning Inc.[NYSE:GLW]…

Jan 12, 2018
Dou Shicong

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