Banking/Financial Service

Cross-border Transactions Garner US$16.77b

M&As in Energy and Bio/healthcare Rise SHANGHAI, China, Dec. 7 /Xinhua-PRNewswire/ -- The Chinese M&A market is heading to be a more active and mature market in the world, especially at a crucial time when economy is booming and more intra-sector and inter-sector M&As are transacted. Stat...

2007-12-07 22:00 665

203 Chinese Debuts Offer US$88.52B

80 VC/PE-backed Listings Raise US$28.41B SHANGHAI, China, Dec. 7 /Xinhua-PRNewswire/ -- Year 2007 marks a record for Chinese enterprise IPOs in terms of both offer amount and diversity of listing markets and sectors. According to Zero2IPO Research Center -- the research arm of Zero2IPO Grou...

2007-12-07 22:00 575

VC Investment Creates Record High with US$3.18B Invested During First 11 Months of 2007 with Local VC Funds Performing Actively

IT Investment Loses Weight but Traditional and Services Investments Gain Weight Released by Zero2IPO Research Center SHANGHAI, China, Dec. 6 /Xinhua-PRNewswire/ -- Zero2IPO Research Center -- the research arm of Zero2IPO Group -- announced China VC investment created record high with US$...

2007-12-06 22:00 622

PE Investment Reaches US$12.49B during First 11 Months of 2007

-- Fund-raising & exit activities are active -- Released by Zero2IPO Research Center SHANGHAI, China, Dec. 6 /Xinhua-PRNewswire/ -- Zero2IPO Research Center -- the research arm of Zero2IPO Group -- successfully completed survey on the Chinese private equity market. With participation of ...

2007-12-06 22:00 576

BNY Mellon Asset Servicing Selected As Overseas Custodian of China International Fund Management's QDII Fund

HONG KONG, Dec. 4 /Xinhua-PRNewswire/ -- BNY Mellon Asset Servicing, the global leader in securities servicing, has been selected as Overseas Custodian for China International Fund Management Co.'s (CIFM) Asia Pacific Advantage Fund. (Logo: http://www.newscom.com/cgi-bin/prnh/20071001/NY...

2007-12-05 04:14 738

World Children's Day at McDonald's Raises Millions to Help Children

Funds Raised Support Ronald McDonald House Charities Expansion Plans; Entertainers Help Honor Ronald McDonald House Charities Heroes from Around the World NEW YORK, Nov. 20 /Xinhua-PRNewswire/ -- Five everyday heroes from around the world were honored today for their inspiring work on behalf ...

2007-11-20 19:00 696

How the Falling Dollar is Saving the Mortgage Market

Currency Specialist Predicts Immediate Housing & Stock Market Rebound PALM DESERT, Calif., Nov. 28 /Xinhua-PRNewswire/ -- Plunging interest rates helped by a lower U.S. dollar are about to rescue both the U.S. housing and stock markets, says US currency specialist Mike McDonald. Not n...

2007-11-28 09:10 600

Final Week: Registration Deadline for the 2008 IR Global Rankings is November 30, 2007

Three rankings (technical evaluation): IR websites, corporate governance practices and financial disclosure procedures / One ranking (investor's choice via Bloomberg terminals) for IR programs NEW YORK, Nov. 28 /Xinhua-PRNewswire/ -- MZ Consult NY LLC (www.mz-ir.com), a leading global...

2007-11-28 08:19 822

Xinyinhai Announces Financial Results

2007 Third Quarter Revenues Increase 43%; Net Income Increases 36% 2007 Nine Months Revenues Increase 46%; Net Income Increases 90% HARBIN, China, Nov. 27 /Xinhua-PRNewswire/ -- Xinyinhai Technology, Ltd. (OTC Bulletin Board: XNYH) today announced financial results for the Company’s th...

2007-11-27 21:00 747

Lunar Capital Management and CDC Corporation Disclose Proposal for Investment in Linktone Ltd.

Investment Proposal Part of Three-Point Restructuring Plan for Linktone with the Goal of Repositioning the Company to Increase Shareholder Value BEIJING and HONG KONG, Nov. 26 /Xinhua-PRNewswire-FirstCall/ -- Lunar Capital Management ("LCM") and CDC Corporation (Nasdaq: CHINA) and/or its su...

2007-11-26 18:15 632

Dubai International Capital's Global Strategic Equities Fund Acquires Substantial Stake in Sony Corporation

Third Investment in a Global Fortune 500 Company and First in Japan DUBAI, United Arab Emirates, Nov. 26 /Xinhua-PRNewswire/ -- NewDawn GSE Asset Management Limited, a wholly-owned subsidiary of DIC Asset Management ('DICAM') and the General Partner for the US$2 billion Global Strategic Equ...

2007-11-26 12:07 687

Yucheng Technologies Limited Announces Major Channel Management Solution Contract Win with Bank of Shanghai

BEIJING, Nov. 26 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (Nasdaq: YTEC), a leading local IT and outsourced service provider to the Chinese banking industry, today announced major contract wins with Bank of Shanghai to provide follow-on ancillary solutions to its online ...

2007-11-26 21:00 647

KCIC plc: Cornerstone Investor Secured - Marketing Commences

Further Details at www.kcicplc.com SEOUL, South Korea, Nov. 26 /Xinhua-PRNewswire/ -- KCIC plc ("KCIC" or "the Company"), which will be the first investment company focused on Korean SMEs to float on the London Stock Exchange's AIM market, is pleased to announce that it has secured a corner...

2007-11-26 08:01 647

ASE Test Limited Appoints Independent Financial Adviser

TAIPEI, Taiwan, Nov. 21 /Xinhua-PRNewswire-FirstCall/ -- The board of directors of ASE Test Limited (Nasdaq: ASTSF; TSE: 9101)("ASE Test" or the "Company") refers to the proposed acquisition by Advanced Semiconductor Engineering, Inc. ("ASE Inc.") of all the ordinary shares of ASE Test (the "S...

2007-11-21 19:00 568

Citibank Becomes the First Foreign Bank in China to Sell Investment-linked Insurance Tailored to the Needs of Families for Sino-US MetLife

Young Saver Growth Protection Plan available in Beijing, Guangzhou and Shenzhen BEIJING, Nov. 21 /Xinhua-PRNewswire/ -- Citibank (China) Co., Ltd. ("Citibank") and Sino-US MetLife today announced the launch of an RMB-denominated insurance offering in Beijing, Guangzhou and Shenzhen, the You...

2007-11-21 14:00 1051

China Finance Online Raises Full Year 2008 Guidance and Reports Third Quarter 2007 Unaudited Financial Results

2008 Net Revenues Guidance: $50 Million to $60 Million 2008 Non-GAAP Net Income Guidance: $22 Million to $28 Million Q3 2007 Net Revenues Up 321% Y-o-Y; Net Income Up 241% Y-o-Y BEIJING, Nov. 21 /Xinhua-PRNewswire/ -- China Finance Online Co. Limited (Nasdaq: JRJC), a leading Chinese ...

2007-11-21 06:00 697

Longtop Financial Technologies Limited Announces Unaudited Financial Results for the Quarter Ended September 30, 2007

Total Revenues Reach US$20.2 million, Up 80.3% Year-on-Year over Adjusted Revenues Due to Continued Diversification of Customer Base XIAMEN, China, Nov. 19 /Xinhua-PRNewswire/ -- Longtop Financial Technologies Limited ("Longtop") (NYSE: "LFT"), a leading software developer and solutions provi...

2007-11-20 06:00 792

New Change of Major Shareholder for Score One Inc.

HONG KONG, Nov. 19 /Xinhua-PRNewswire/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that on November 12, 2007, one of the Company’s major shareholders, Team Allied Profits Limited, entered a share purchase agreement with four new shareholders: Zhenping Wang, Bin Yang, Hoi-ho ...

2007-11-19 21:00 762

Citi and Saxo Bank to Launch Citi-FX Pro for Private Client Access to World Class FX Trading

NEW YORK, COPENHAGEN, Denmark and LONDON, Nov. 20 /Xinhua-PRNewswire/ -- Citi today announced plans to launch CitiFX Pro, an online foreign exchange (FX) trading platform, in collaboration with Saxo Bank, the Copenhagen-based online bank. Two global leaders in their own fields, Citi and Saxo hav...

2007-11-20 22:10 895

Riemann Investment Assisted Asian Bamboo AG to Successfully Float on German Main Board Market

FRANKFURT, Germany, Nov. 16 /Xinhua-PRNewswire/ -- Riemann Investment Holdings Ltd. (‘Riemann Investment’), as the sole financial advisor, successfully assisted Asian Bamboo AG (“Asian Bamboo”) to get listed on the Prime Standard of Frankfurt Stock Exchange. It is the second Chinese company to e...

2007-11-16 18:24 1070