6 d. ago Ping An Builds $23 Billion Stake in China Banks on Dividend Bet

Ping An Builds $23 Billion Stake in China Banks on Dividend Bet  Bloomberg

Economics

7 d. ago Volvo Construction Equipment to sell stake in China's SDLG for $837 million

Volvo Construction Equipment to sell stake in China's SDLG for $837 million  Reuters

Economics

2 w. ago China steps up global aviation expansion as Comac bids for Laos carrier

The Commercial Aircraft Corporation of China (Comac) has reportedly bid to take a majority stake in the flag carrier of Laos, as the state-owned Chinese aviation firm continues its push to expand its market in Southeast Asia. The deal – which is pending approval by the Lao authorities – would see Comac help Lao Airlines overhaul its operations and stem its losses in exchange for the carrier agreeing to use the Chinese company’s passenger jets, Vientiane Times quoted Prime Minister Sonexay...

Politics

2 w. ago Starbucks has received 'a lot of interest' for China business stake, CEO tells FT

Starbucks has received 'a lot of interest' for China business stake, CEO tells FT  Reuters

Economics

2 w. ago Starbucks garners ‘a lot of interest’ in China business stake, chief says

Starbucks garners ‘a lot of interest’ in China business stake, chief says  Financial Times

Politics

3 w. ago Chinese chipmaker SMIC offloads stake in Ningbo unit to focus on core operations

Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, has divested its entire stake in an unprofitable chip foundry operation amid a new wave of consolidation in the domestic integrated circuit (IC) industry. Shanghai-based SMIC agreed to sell its 14.83 per cent stake in Ningbo Semiconductor International (NSI) for 57.01 yuan (US$7.94) per share to semiconductor design firm Goke Microelectronics, according to the chipmaker’s filing on Thursday. The...

Politics