, obtained an M&A loan of RMB 800 million from the Shanghai branch of China Construction Bank (CCB) <601939><939>, one of the Big Four state-owned banks in China, sources reported.<3328>.Copyright © 2009 www.chinaknowledge.com

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Dec. 30, 2008 (China Knowledge) - Mainland property developer Greentown China Holdings Ltd<3900> Sunday denied a media report that it was buying a stake in the Japanese real estate fund Pacific Holdings. The company said in a statement that the report was untrue, adding it has not made any investment in the Japanese company. A Japanese newspaper reported on Friday that Greentown China, along with other nine Chinese property firms intended to take a controlling stake in Pacific Holdings for about US$520 million. Debt-ridden Pacific Holdings had said last month it would issue common and preferred shares by February to several Chinese real estate firms, but without giving any company names. Reportedly, Greentown would acquired 15% of the preferred shares, another firm would subscribe 20%, while the other firms will split the remaining shares nearly equally.
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CNPC to lend US$5 bln to oil firm in KazakhstanPublis hed: 20 Apr 2009 00:00:22 PST

<857>, will sing an agreement to provide the Kazakhstani oil firm KazMunaiGas (KMG) US$5 billion in loans, according to an statement CNPC released on Friday on its website.Copyright © 2009 www.chinaknowledge.com

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China stocks rise for fourth day, end up 1.9 pctPublished: 19 Mar 2009 01:17:36 PST

(For Hong Kong stock market reports, click [.HK]) SHANGHAI, March 19 - China's main stock indexsurged in heavy trade on Thursday, led by coal shares, as ampleliquidity in Chinese capital markets continued to encouragebuying of shares by short-term speculators. The Shanghai Composite Index <.SSEC> ended up 1.89 percent ata three-week closing high of 2,265.759 points, near the day'shigh of 2,268.144. It was the index's fourth straight daily rise. Top coal producer China Shenhua Energy <601088.SS> advanced4.25 percent to 20.59 yuan, aided by firmer global energy prices. "The market is mainly being pushed up by an influx of moneyrather than any special positive news," said Li Wenhui, analystat Huatai Securities, adding that immediate resistance lay at2,300 points. Many analysts see major technical resistance around 2,300,where the late February peak roughly coincides with the 200-daymoving average. ($1 = 6.83 Yuan) 乳化机 surge arrester acrylic sign holder カード 現金化 ショッピング枠 現金化
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Harbin Power Equipment sees less orders in Q1Published: 27 Apr 2009 22:02:00 PST

, the largest manufacturer of power plant equipment, announced that its new orders declined 37% year on year to RMB 7.9 billion in the first quarter of 2009. Copyright © 2009 www.chinaknowledge.com同声传译 Waterproof socks 实验室家具 クレジットカード 現金化 比較 クレジットカード現金化 競馬新聞
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Updated ratings for Chinese industrial parks 2009Published: 25 May 2009 17:09:13 PST

The unparalleled China Knowledge Rating System, which grades industrial parks on a scale from AAA to C, helps investors select from among a befuddling array of economic and technological development zones, high-tech parks, free trade zones and export-processing zones the most suitable industrial park for their particular industry, product or service.

Investors can now visit China Knowledge Online and see the industrial park ratings collected into a single, convenient list at
http://www.chinaknowledge.com/Manufacturing/Introduction.aspx?subchap=4&content=21.

All web visitors can use the interactive map at China Knowledge Online: Manufacturing to focus on a geographical region of interest, then click for a list of links to descriptions and vital economic statistics for industrial parks in a particular province or municipality. Premium subscribers can access the valuable analysis of each industrial park.

The rating system is the culmination of years of original research collected by China Knowledge’s powerful research team via surveys, interviews, site visits, and independent sources including news reports, government data, and promotional materials. The data are comprehensive, rather than limited to a particular geographical region or industry. And now the 253 park ratings take into account the most recent improvements in infrastructure.

According to the updated analysis, the top ten industrial parks in China are the following:

1. Tianjin Economic-Technological Development Area (TEDA), which includes Tianjin Port Export Processing Zone
2. Qingdao Economic and Technological Development Zone
3. Guangzhou Development District, which includes Guangzhou Economic and Technological Development Zone, Guangzhou High-tech Indsutrial Development Zone, Guangzhou Free Trade Zone and Guangzhou Export Processing Zone
4. Shanghai Zhangjiang High-tech Park
5. China-Singapore Suzhou Industrial Park, which includes Suzhou Industrial Park Export Processing Zone
6. Suzhou New District, which includes Suzhou New District Export Processing Zone
7. Shanghai Jinqiao Export Processing Zone
8. Kunshan Economical and Technological Development Zone
9. Dalian Economic and Technological Development Zone
10. Zhongguancun Science Park

The unique rating system assesses each individual industrial park quantitatively, with weight given to each of five main factors, which are then subdivided into smaller weighted factors as needed. The five main factors are the following:

• macroeconomic performance of local area
• level of development of the industrial park
• local investment and operational costs
• local skill levels and availability of human resources
• quality of management and administration

Separate sets of weighted factors allow for obvious differences between research enterprises and manufacturing ones.

"We have consistently received positive feedback regarding the usefulness of our research on industrial parks," said Charles Chaw, managing director of China Knowledge. "We are uniquely positioned to offer a fine-tuned rating system and are confident that the new results will be well-received both by the international busi论文翻译 摆线针轮减速机 搅拌机 CFD 現金化 比較 現金化
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Google, Chinese writers confer on copyrightPublish ed: 15 Nov 2009 12:02:02 PST

By Xu Shenglan Google will soon meet with Chinese writers and publishers about scanning copyrighted books, a move that comes after the search engine reached a tentative settlement with some Western countries.Google and the Authors Guild and the Association of American Publishers submitted a leaner version of the settlement to the US District Court in the Southern District of New York late Friday evening.Google is attempting to scan samples of books or complete books to put online.The revised settlement only covers books that were either registered with the US Copyright office or published in the US, UK, Australia, or Canada.The copyright issues pertaining to Chinese books were not part of the agreement and it must be negotiated separately, according to the Beijing News.Zhang Hongbo, deputy director-general of the China Written Works Copyright Society (CWWCS), said this is a good thing, as Chinese writers don't need to worry about the agreement reached in the US, and they can fight for their own rights.Chinese writers' society accused Google of infringing on the copyrights of at least 570 Chinese authors by scanning and uploading about 18,000 books into its digital library last month without consent. The society has pledged to fight on behalf of authors with potential legal action.This was the first time Chinese writers have joined Western authors to fight against Google to protect their rights, according to Forbes magazine.The writers and publishers in China were asked to accept the deal made in the US."The settlement established under the framework of the US judicial system doesn't reflect the situation of China, so the CWWCS didn't accept it at the first place," Zhang said. "The revised version obviously adopted the suggestions of China and other countries.""We have organized an expert group of 10 people including copyright experts, lawyers and technical workers to negotiate with Google; it will have practical ramifications for similar cases in the future," he said."Besides the negotiation itself, we hope to promote Chinese writers' works to the world through Google's digital library," Zhang added.Authors and publishing groups in other countries will have opportunities to commu-nicate with Google as well.Daniel Clancy, director of global R&D department of Google Inc, said the revised settlement means more opportunities for Chinese writers."We hope to reach the agreement with Chinese writers to share most of their meaningful books. We'll only provide briefs for the books within the period of copyright protection, and we'll delete them if any writer disagrees with the scanning of their books," he told the newspaper.Please log on www.gloaltimes.cn
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Hang Seng Index down 1.94% on TuePublished: 09 Dec 2008 02:06:38 PST

Dec. 9, 2008 (China Knowledge) - Hong Kong stocks ended lower on Tuesday despite extended gains on Wall Street overnight.The Hang Seng Index, the benchmark, opened 13 points lower at 15,032. After touching the intraday low of 14,717.47 points, the blue-chip Hang Seng Index dropped 291.65 points or 1.94% to close at 14,753.22. Mainboard turnover rose to HK$56.99 billion. Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, edged down 135.71 points to 8,001.74 points. Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting for the Hang Seng Index, shed 1.75% to HK$84.00. Another market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, fell 4.18% to HK$78.00.Sun Hung Kai Properties<16> fell 1.19% to HK$58.35. Cheung Kong<1> rose 1.44% to HK$74, while Hopson Development<754> plunged 2.82% to HK$3.79.Offshore oil producer CNOOC<883><CEO> rose 4.42% to HK$6.61. Sinopec<600028>< 386><SNP>, Asia's largest oil refiner fell 1.17% to HK$5.09, while PetroChina<60185 7><857><PTR>, the country's largest oil producer and also involved in refining business, rose 0.15% to HK$6.71.Aluminum Corp of China (Chalco) <601600><2600><ACH>, the country's largest aluminum producer, rose 0.48% to close at HK$4.22. China Construction Bank (CCB)<601939><939> slid 4.74% to HK$4.62, while the national's largest lender Industrial & Commercial Bank of China (ICBC) <601398><1398> edged down 3.66% to HK$4.21.Top insurer China Life Insurance<601628><2628><LFC> fell 2.94% to HK$23.10, while its smaller rival Ping An Insurance<601318 ><2318> dropped 4.29% to HK$35.70.
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Tourist agency launches IPOPublished: 15 Sep 2009 11:02:01 PST

By Chen XiaominThe securities regulator has approved China International Travel Service's (CITS) IPO application, boosting the country's top tourist agency's businesses but leaving the future of its merger with OCT Enterprises uncertain.CITS said Tuesday in a prospectus posted with the Shanghai Stock Exchange that book building would last from today till Friday, and subscription would be open September 22 to 23.Nearly 220 million A-shares denominated in yuan, or up to 25 percent of its expanded capital after the IPO, will be issued and 1.7 billion yuan ($249 million) or more is expected to be raised. China Securities is underwriting the deal.The offering, the largest IPO in China's tourist industry, will be the fifth largest of nearly 30 IPOs after Sichuan Chengyu Highway, China State Construction Engineering Corporation, Everbright Securities and China Metallurgical Group Corporation since securities regulator reopened the door in June.The Beijing-based CITS said the A-share issue proceeds would be used for expansion of its core businesses – tourist agencies and duty-free shops.It plans to invest 906.12 million yuan ($132.69 million) in its tourist business, opening new tourist agencies at home and abroad and developing its e-commerce. Almost 800 million yuan ($117.15 million) will go to upgrading service facilities and opening more duty free shops.Sinolink Securities' tourism analyst Mao Zhengrong sounded a similar note, adding there are clearer benefits for CITS-run duty-free shops than the company's tourist agencies.China Duty Free Group under CITS, which ranks in the top 20 in world duty-free sales, has more than 150 duty free shops in over 90 cities and regions all over China, including airports, railway stations, border crossings, ocean shipping supply centers, and ferry terminals."A sound performance appraisal system is essential for healthy growth of CITS's tourist business in the future," Mao told the Global Times.Mao added the opaque system was the immediate cause of high personnel turnover rates in the industry, citing an example of China CITS Tours Holding, whose staff in the inbound department were lured away by other tourism agencies in the early 2000s.Mao also said the offering would make the future of a merger between CITS and OCT Enterprises, who have been in talks for more than a year, unclear.The two companies signed a strategic cooperative agreement last February planning to cooperate in areas of business, brand, management and manpower, establishment of industry standards, and capital.CITS raked in 333 million yuan ($48.77 million) in net profits in 2008, up 24.72 percent from a year earlier, and 224 million yuan ($32.82 million) in the first half of 2009.
Please log on www.gloaltimes.cn
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Hang Seng Index advances 2.56% in morning sessionPublished : 10 Dec 2008 01:33:18 PST

Dec. 10, 2008 (China Knowledge) - Hong Kong stocks Wednesday climbed 525 points or 2.56% to end the morning session at 15,278 points, with mainboard turnover standing at HK$30.2 billion.Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, gained 377 points or 4.72% to 8,379 points.Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting of the Hang Seng Index, added 2.20% to HK$85.85. Another market heavyweight China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, advanced 3.59% to HK$80.80.Sinopec<600028><386><SNP>, Asia's largest oil refiner rose 2.95% to HK$5.24 while smaller rival PetroChina<60185 7><857><PTR>, the country's largest oil producer and also involved in refining business, rose 4.47% to HK$7.01. Industrial & Commercial Bank of China (ICBC)<601398><1398> gained 4.99% to HK$4.42.Top insurer China Life Insurance<601628><2628><LFC> climbed 4.76% to HK$24.20.
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Huaneng Power Int'l buys 65% stake in Qidong WindpowerPublish ed: 05 Apr 2009 20:11:27 PST

<902><HNP>, China's largest listed power producer by capacity, on Mar. 31 signed a transfer agreement with an affiliated company, Huaneng New Energy Industry Holding Co Ltd, to acquire a 65% stake in Qidong Windpower.Copyright © 2009 www.chinaknowledge.com

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China, Belarus ink RMB 20 bln currency swap dealPublished: 11 Mar 2009 21:44:30 PST

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Digital Media wins Shanghai subway digital ads contractPublishe d: 25 Feb 2009 18:15:51 PST

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<0857><PTR>, the nation's top oil producer, swelled 4.50% to close at RMB 16.04, while Asia's largest oil refiner, Sinopec<600028><0386><SNP>, rose 1.89% to RMB 14.05. <1088>, the nation's biggest coal producer, jumped 8.03% to RMB 40.75. jumped 8.85% to RMB 31.37. Ji Lin Ji En Nickel Industry Co Ltd<600432> rose 2.71% to close at RMB 28.03. rose 3.54% to RMB 26.88. jumped 7.82% to RMB 19.03. Guangzhou Shipyard International Co<600685><0317> increased 3.92% to close at RMB 25.20. surged by the daily limit of 10.02% to RMB 16.25.Copyright © 2009 www.chinaknowledge.comlithium batteries 乳化机 报警器 skateboard bearings クレジット 現金化 即日 融資
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Chinese gov't supports idea of UK firms listing on mainlandPublishe d: 11 May 2009 23:28:50 PST

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