Investment & Financing

Tekni-Plex begins production at new China manufacturing facility

2017-08-28 20:00 6346

$15 million investment supports Tekni-Plex's continued commitment to global supply network WAYNE, Pennsylvania, Aug. 28, 2017 /PRNewswire/ -- Tekni-Plex, Inc.'s new state-of-the-art manufacturing facility in Suzhou,China, near Shanghai has begun production. The company will hold a grand opening ...

Merck to Acquire Natrix Separations to Advance Next-Generation Processing Capabilities

2017-08-28 20:00 5679

-- Boosts Merck's single-use chromatography portfolio -- Accelerates Merck's mAb and vaccine manufacturing offering DARMSTADT, Germany, Aug. 28, 2017 /PRNewswire/ -- Merck , a leading science and technology company, today announced that it has entered into an agreem...

eHi Car Services Announces Second Quarter 2017 Results

2017-08-28 19:06 3520

* Net revenues increased by 27.6% year-over-year to RMB639.7million * Net income was RMB30.4 million comparing to RMB0.8 million year-over-year * Non-GAAP adjusted EBITDA increased by 31.4% year-over-year to RMB286.2 million * Continued margin expansion by achieving non-GAAP adjusted EBITDA...

Resverlogix Announces Extension of Maturity Date of Loan and Expression of Interest Regarding Strategic Transaction

2017-08-28 19:00 4197

CALGARY, Aug. 28, 2017 /PRNewswire/ -- Resverlogix Corp. ("Resverlogix" or the "Company") (TSX:RVX) announced today the following update on its corporate activities. Extension of Maturity Date of Loan The Company announced that the maturity date of the Company's CAD$68.8 million Loan (the "Loan...

China Cord Blood Corporation Announces Adoption of 10b5-1 Sales Plan

2017-08-28 18:00 6041

HONG KONG, Aug. 28, 2017 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) (the "Company") today announced that Magnum Opus Second (PTC) Limited, an entity holding ordinary shares on behalf of certain directors and members of senior management, has adopted a 10b5-1 sales plan to sell up to ...

58 Suyun and GOGOVAN to Establish Asia's Largest Intra-city Logistics and Freight Online Platform

2017-08-28 15:30 5476

BEIJING, Aug. 28, 2017 /PRNewswire/ -- 58 Home, China's largest online marketplace serving local merchants and consumers, today announced that its freight business unit, 58 Suyun, entered into a merger with GOGOVAN, the leading intra-city logistics and freight online platform inSoutheast Asia....

FENICS Market Data Partners with China Credit BGC Money Broking Company Ltd. to Offer Clients China Market Data

2017-08-28 14:00 10340

NEW YORK, Aug. 28, 2017 /PRNewswire/ -- FENICS Market Data, the Market Data division of BGC Partners (NASDAQ: BGCP) ("BGC Partners", "BGC", or "the Company"), and China Credit BGC Money Broking Company Limited ("CCT-BGC") have agreed to a distribution partnership, whereby FENICS Market Data will ...

Inclusive business models are key to boosting ASEAN's economic growth

2017-08-28 12:00 3698

MANILA, Philippines, Aug. 28, 2017 /PRNewswire/ -- More businesses in the ASEAN are now contributing to economic growth by providing income opportunities and relevant, affordable services and goods to low-income communities. These types of businesses, called inclusive business (IB), go beyond tra...

Cedrus Investments HOSTS By-invitation-only WEBINAR to increase aweareness of regulatory requirements AND reduce investment risk in Biotechnology

2017-08-28 11:47 6611

HONG KONG, Aug. 28, 2017 /PRNewswire/ -- Cedrus Investments ("Cedrus") , a global boutique investment firm, hosted a webinar on Wednesday, 23rd August 2017 entitled "Reducing Investment Risk in Biotechnology by Increasing Awareness of Regulatory Requirements for R...

CF PharmTech, Inc. Raises USD $65 Million to Accelerate the Development of Company's Inhalation Products and Manufacturing Capacity to Global Market

2017-08-28 11:40 7280

SUZHOU, China, Aug. 28, 2017 /PRNewswire/ -- CF PharmTech, Inc. ("CF PharmTech"), a leading specialty pharmaceutical company that develops and manufactures inhalation products, announced today that it has raised$65M in a Series D financing. Future Industry Investment Fund, a private equity fund ...

UNDP country exchange workshop launched in Beijing

2017-08-28 11:00 4960

BEIJING, Aug. 28, 2017 /PRNewswire/ -- As part of the efforts to support exchange of experience of developing countries and facilitate dialogue on development solutions fromChina, the United Nations Development Programme in China (UNDP) hosted a high level "Low-Carbon Development and Financing S...

A China-based company acquires the CICABEL brand from a French medical products maker

2017-08-28 09:20 5197

GUANGZHOU, China, Aug. 28, 2017 /PRNewswire/ -- Grand Fan Group, a company and distributor of three leading hair and body wash and care brands inChina, held a press conference at which they announced the acquisition of the CICABEL brand and related technologies from French pharmaceutical manufact...

Sinopec's Net Profit Surges by 40% to RMB 27.9 Billion in 1H2017

2017-08-27 21:15 4685

BEIJING, Aug. 27, 2017 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec" or the "Company")(HKEX: 386; SSE: 600028; NYSE: SNP) today announced its interim results for the six months ended30 June 2017. Financial Highlights: * In accordance with the International Financial Reporti...

DHgate Launches Wholesale Storefront DTC in Australia

2017-08-26 08:00 8612

MELBOURNE, Australia, Aug. 26, 2017 /PRNewswire/ -- Leading Chinese B2B cross-border e-commerce platform DHgate.com introduces the future of cross-border e-commerce and imports toAustralia with the launch of a Digital Trade Centre (DTC) inMelbourne. Calling all Oceanian importers, wholesalers, a...

Concord Medical Reports Financial Results for the First Half of 2017

2017-08-26 06:00 3711

BEIJING, Aug 25, 2017 /PRNewswire/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers inChina, today announced i...

AETOS has strengthened its commitment to worldwide expansion

2017-08-26 02:38 6124

LONDON, Aug. 26, 2017 /PRNewswire/ -- AETOS Capital Group has strengthened its commitment to worldwide expansion by increasing its association with football. English Premier League pitchside advertising will see the company take its connection with the global game up to a new level. (Logo: http:...

Puma Energy Announces Joint Venture With Chishti Group in Pakistan

2017-08-25 23:25 7396

KARACHI, Pakistan, Aug. 25, 2017 /PRNewswire/ -- We are pleased to announce that Puma Energy has entered into an agreement with the Chishti Group to acquire 51% interest in Admore Gas Pvt. Ltd (Admore).      (Photo: http://mma.prnewswire.com/media/548915/Puma_Energy_Chishti_Group.jpg

ECI Festival North America 2017: Connecting China-US Innovation

2017-08-25 22:30 3811

SAN FRANCISCO, Aug. 25, 2017 /PRNewswire/ -- From August 3rd to August 11th, ECI Awards, the first Chinese international business innovation awards organization, held its first annual ECI Festival North America in Silicon Valley,California. On the first day of the Festival, a conference was hoste...

VT HOLDINGS CO., LTD. (7593, First Section, Tokyo Stock Exchange) Issues Operating Performance for the Three Months Ended June 30, 2017

2017-08-25 21:30 5851

TOKYO, Aug. 25, 2017 /PRNewswire/ -- VT HOLDINGS (TOKYO: 7593) is pleased to announce its results for the three months endedJune 30, 2017. Summary of Results During the first three months of the year, VT HOLDINGS sold 23,078 new and used vehicles, up 7,016 un...

Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Issues Operating Performance for the Six Months Ended June 30, 2017

2017-08-25 21:30 9045

TOKYO, Aug. 25, 2017 /PRNewswire/ -- Daiki Axis (TOKYO: 4245) is pleased to announce its results for the six months endedJune 30, 2017. Summary of Results Under V-PLAN60, the Company's medium-term management plan for the three-year period from fiscal 2016 to...

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