| TOP HEADLINES Mar 10, 2010
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China Mobile Files for Pudong Bank Buy
Posted by: Ana Swanson on Mar 10 2010
China Mobile's (NYSE:CHL, 0941.HK) Guangdong subsidiary entered into an agreement to purchase 20% stake in Shanghai Pudong Development Bank (600000.SH) for consideration of RMB 39.8 billion (HK$45.26 billion), China Mobile announced March 10... |
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Changyou to Test "TLBB" Expansion in April
Posted by: Cherry Zhang on Mar 10 2010
Sohu's (Nasdaq:SOHU) online gaming subsidiary Changyou.com (Nasdaq:CYOU) plans to start testing for "Tian Long Ba Bu 2," an expansion pack for its in-house developed 2.5D martial arts MMORPG Tian Long Ba Bu, in April, reports 17173.com on March 10.
The company announced in early February that it planned to release the expansion in 2010. |
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Rumor: Taobao to Merge Wireless Depts, Form WASU JV
Posted by: Cherry Zhang on Mar 10 2010
Hangzhou-based e-commerce company Alibaba Group has established a wireless department as part of a "Big Taobao" plan integrating wireless departments in Alibaba's consumer-focused e-commerce site Taobao.com, Alibaba's online payment tool Alipay and Alibaba's consumer information portal Koubei.com, 163.com reported quoting an internal email leaked by an unnamed source... |
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Renesola Shuffles Management, Names New CFO
Posted by: Ana Swanson on Mar 10 2010
Solar wafer manufacturer Renesola Ltd. (NYSE:SOL, AIM:SOLA) announced a series of management appointments on March 10, including the appointment of company Chief Financial Officer Charles Bai as chief strategy officer, and the promotion of Julia Xu, ReneSola's vice president of international corporate finance and corporate communications, to Bai's previous position as chief financial officer... |
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CR Land Plans Greater Role for Commercial Projects
Posted by: Kiki.yang on Mar 10 2010
Hong Kong-based developer China Resources Land (1109.HK) will invest RMB 30 billion on 6 commercial projects, with priority on retail projects, over the next few years, guandian.cn reported March 10 citing company chairman Wang Yin... |
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Carrefour China Sales Climb 16% in 2009
Posted by: Sophia Fu on Mar 10 2010
Carrefour's (EPA:CA) China sales rose 16% year-on-year in 2009, 163.com reported citing Carrefour China President Eric Legros. Carrefour opened 22 new stores in China last year, bringing its total number of stores in China to 157, said the report... |
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Geely: Chinese New Year Drives Down Feb Car Sales
Posted by: Sophia Fu on Mar 10 2010
Geely Automobile Holdings (0175.HK) sold 28,712 automobiles in February, up 54.2% year-on-year but down roughly 35% month-on-month, the company announced March 9. Geely attributed the month-on-month decrease to fewer working days in February, as a result of the February 13-19 Chinese New Year... |
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China Trade Maintains 45% YoY Growth in Feb
Posted by: Kiki.yang on Mar 10 2010
The combined value of China's imports and exports rose 45.2% year-on-year and fell 11.5% month-on-month in February to reach $181.43 billion, according to data released March 10 by the General Administration of Customs... |
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Rumor: CITIC, Shimao Property Join Asia Games Project
Posted by: Kiki.yang on Mar 10 2010
CITIC Real Estate and Shimao Property (0813.HK) have joined a consortium of developers led by R&F Properties (2777.HK) on the 2.64 million-square-meter "Asian Games Town" project surrounding the 2010 Guangzhou Asian Games site, China Business News reported March 10 citing an unnamed CITIC Real Estate employee... |
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China's Old-for-New Subsidy Program Sales Hit RMB 30b
Posted by: Sophia Fu on Mar 10 2010
China's "old-for-new" subsidy program had generated revenues of RMB 30.02 billion from the sale of 7.59 million new household appliances as of March 8, 163.com reports citing data released by the Ministry of Commerce... |
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BoC, ICBC: No A-Shares Fundraising Planned
Posted by: Kiki.yang on Mar 10 2010
Bank of China (BoC) (3988.HK, 601988.SH) has no plans to raise capital through a mainland equities markets for at least two years, but may still use the H-shares market to raise funds, China Business News reported March 10 citing BoC Chairman Xiao Gang... |
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COLI Eyes Everbright Land Bank
Posted by: Kiki.yang on Mar 10 2010
China Overseas Land & Investment (0688.HK) will acquire Everbright Real Estate's 1.7 million-square-meter land reserves through its recent acquisition of Everbright stakeholder Shell Electric Manufacturing (Holdings) (0081.HK), hexun.com reports March 10... |
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Auto Manufacturing and Sales Growth Slows in Feb
Posted by: Sophia Fu on Mar 10 2010
In February, 1.206 million automobiles were manufactured in China, up 49.1% year-on-year but down 25.3% month-on-month, while 1.212 million automobiles were sold, up 46.3% year-on-year but down 27.2% month-on-month, according to data released by China Association of Automobile Manufacturers on March 9... |
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A-Shares Drop as Investors Bank Gains
Posted by: Tom Telford on Mar 10 2010
The Shanghai Composite Index fell 0.66% to close at 3,048.93, while the Shenzhen Composite Index dropped 1.04% to end at 1,164.91 on Wednesday, March 10. Trading volume on the Shanghai and Shenzhen Stock Exchanges were RMB 98.74 billion and RMB 71.93 billion, respectively.
Real estate and construction companies gave up yesterday's gains as profit-taking set in... |
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H-Shares Flat; Cathay, CITIC Soar on Earnings
Posted by: Ana Swanson on Mar 10 2010
The Hang Seng Index fell for the first time in four days on Wednesday, March 10, dipping 0.16% to close at 21,173.59. Main board trading volume was HK$47.36 billion.
Earnings announcements from several large-cap companies fueled Wednesday trades... |
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Solar Industry Weekly Update - March 9, 2010 Mar 09 2010 |
 In this weekly update, Pacific Epoch aggregates statistics, performance, news and events pertaining to the solar industry.
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The China Report: Agricultural Commodities Update Mar 09 2010 |
In this monthly update, we track prices for grains, edible oilseeds, cotton, sugar and hogs, and analyze supply outlook and the impact on CPI. |
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Pacific Epoch in the News
CNBC
"Race for Resources"
Matt Comyns
March 9, 2010
CNBC
"Analyzing China's 5-Year Plan"
Ian McGuinn
March 5, 2010
Click here for more press...
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