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An eagle eye on China overseas investment:-
30 Nov 2018 – North Blasting Technology Co. Ltd. invests in ET Company in Mongolia. 30 Nov 2018 – Zhenhua Oil Holdings Co. Ltd. acquires Huaxin ADCO Oilfield. 28 Nov 2018 – China Electronics Import & Export Co. Ltd. sets up China Electronics Xinan Co. Ltd. in Hong Kong. 28 Nov 2018 – CRRC Qingdao Sifang Co. Ltd. sets up CRRC Sifang – Temoinsa Railway Vehicle Co. Ltd. in Chile. 28 Nov 2018 – Shanghai Huaiji Commercial Consultation LLC has obtained an approval to acquire 15.02% of Alpha Frontier Limited registered in Cayman Islands. 28 Nov 2018 – China Energy Construction Group Heilongjiang Energy Construction Co. Ltd. set up China Energy Construction Heilongjiang Construction Malaysia Co. Ltd. in Malaysia. 28 Nov 2018 - Global Tone Communication Technology Co. Ltd. acquires America China Publishing Group US Publishing Co. 28 Nov 2018 – Longping Agriculture Development LDA acquires certain equity stakes of Amazon Agri Biotech HK Limited. 28 Nov 2018 – China Railway Materials International Group Corporation increases share capitals in China Railway Materials (Laos) Co. Ltd. 28 Nov 2018 – Longping Agriculture Development LDA acquires certain equity stakes of Amazon Agri Biotech HK Limited. 28 Nov 2018 – China Huaxin Technology Co. Ltd. sets up China Huaxin Malaysia Co. Ltd. 28 Nov 2018 – China Enfi Engineering Corporation sets up China Enfi Chile Co. in Chile. 28 Nov 2018 – Tianma Microelectronics Co. Ltd. acquires 78.1% equity stakes ofTianma NLT USA, Inc. 28 Nov 2018 – CITIC Environment Investment Group Co. Ltd. increases share capitals in CITIC Environment Technology Co. Ltd. 28 Nov 2018 - CNOOC Gas & Power Group Co. Ltd. sets up Philippines Bright Assets Management Co. Ltd. in the Philippines. 28 Nov 2018 – China State Construction Engineering Corporation Limited sets up China State Construction Maldive Co. Ltd. 28 Nov 2018 - China Construction Second Engineering Bureau Ltd. sets up China Construction Overseas Construction (Bangladesh) Co. Ltd. in Bangladesh. |
Industry Snapshot
SpotlightArt Appreciation
A golden hair pin flowering with pearl beads from the Sui Dynasty (581-618)
Width 3.2cm.
Courtesy of National Museum of China
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CHINA FREE TRADE AGREEMENTSAdvertisers
Bank of China (Hong Kong) launches Visa cards with Hong Kong Airlines
3 Dec 2018
Agricultural Development Bank of China made debut Green Euro Bonds in Hong Kong.
15 Nov 2018
Meet our Stars - Stars Programme sponsored by CLP Power, Hong Kong Start-up Council of Federation of Hong Kong Industries.
22 Nov 2018
Hong Kong
A pair of gold bracelets from the Ming Dynasty (1368-1644)
Length 6.5cm, width 2.6cm, weight 139 grams.
Courtesy of National Meseum of China
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Up-dating China economics
Time: Jan-Sept 2018 Profit growth rate of scaled industrial enterprises: +14.7% Profit margin of scaled industrial enterprises from core revenue: 6.44% Profit growth rate of: - iron and steel industries: +71.1% - building material industry: +44.9% - crude oil exploration: +400% - crude oil refinery: +30.8% - petrochemical: +24.5% Costs per RMB100 of core revenue: RMB84.31, -RMB0.29 year-on-year Source: National Bureau of Statistics of China A matter of fact -
China's 11 pilot free trade zones (FTZs): - Shanghai (approved in 2013) - Tianjin (2014) - Guangdong province (2014) - Fujian province (2014) - Liaoning province (cities of Dalian, Shenyang, Yingkou) - Henan province (Zhengzhou, Kaifeng, Luoyang) - Zhejiang province (Zhoushan) - Hubei province (Wuhan, Xiangyang, Yichang) - Chongqing (Liangjiang, Xiyung, Guoyuan) - Sichuan province (Chengdu) - Shaanxi province (Xi'an) |