Investment & Financing
China Huarong Achieved Strong Results for 1H2017
HONG KONG, Aug. 25, 2017 /PRNewswire/ -- Results Highlight (RMB Million) For the six months ended 30 June Change 2017 2016 Total income 60,806.4 40,010.6 +52.0% Profit before tax 21,874.7 16,945.0 +29.1% Net profit 16,402.0 12,845.7 +27.7% Net profit attributable to sharehol...
China Zenix Auto International Limited Reports 22% Revenue Growth in 2017 Second Quarter
ZHANGZHOU, China, Aug. 25, 2017 /PRNewswire/ -- China Zenix Auto International Limited (NYSE: ZX) ("Zenix Auto" or "the Company"), the largest commercial vehicle wheel manufacturer inChina in both the aftermarket and OEM market by sales volume, today announced its unaudited financial results for ...
Stephen Riady donates $10M to the NTUC Education and Training Fund in support of continuous education in Singapore
SINGAPORE, Aug. 25, 2017 /PRNewswire/ -- Dr Stephen Riady, Executive Chairman
of OUE Limited ("OUE"), has donated$10 million to the NTUC Education and
Training Fund (NETF) through the Stephen Riady Group of Foundations.
AmCham Singapore Voices Support for TPP-11
SINGAPORE, Aug. 25, 2017 /PRNewswire/ -- In October 2009, the American Chamber of Commerce inSingapore (AmCham Singapore) became the first U.S. business association to urge the U.S. government to place the Trans-Pacific Partnership ("TPP") at the top of its trade policy agenda. While the U.S. wi...
Uoolu to Issue press conference of global assets open platform Uoolu+ in Bangkok, Thailand
BANGKOK, Aug. 25, 2017 /PRNewswire/ -- Uoolu, a leading global real estate investment platform inChina, will launch its new product Uoolu+ South East Asian press conference "The Next Era of Chinese Investors" inBangkok, Thailand onAug. 30th, 2017. In the upcoming conference, Uoolu will introduce ...
Osram acquires leading U.S. software platform provider
SHANGHAI, Aug. 25, 2017 /PRNewswire/ -- Osram has agreed to acquire Digital Lumens Inc., a U.S. company based inBoston, Massachusetts that specializes in industrial IoT solutions.Founded in 2008, Digital Lumens employs 65 people and in the last fiscal year generated sales in the mid-double-digi...
UL Acquires AE Performance Testing Lab
Acquisition strengthens UL's global expertise in appliance energy efficiency
services and expands European footprint
NORTHBROOK, Illinois, Aug. 25, 2017 /PRNewswire/ -- UL,
DMS Announces The Launch Of The JWP Enterprise Fund As Part Of The JWP ICAV Umbrella Platform Structure
DUBLIN, Aug. 24, 2017 /PRNewswire/ -- DMS Governance ("DMS"), the world's leading fund governance + risk + compliance firm is delighted to announce the launch of the JWP Enterprise Fund (the "Fund") as part of the JWP ICAV umbrella platform structure. The objective of the Fund is to achieve medi...
Ele.me Merges with Baidu Deliveries to Consolidate Food Delivery Business
SHANGHAI, Aug. 24, 2017 /PRNewswire/ -- Ele.me, a leading online food delivery service and local services platform inChina, in which Alibaba Group (NYSE: BABA) is a key shareholder, announced today its merger with Baidu Deliveries, the food delivery arm of internet search firm Baidu Inc. (NASDAQ:...
Suning Deploys "Smart Retail" During Record-breaking "8.18" Promotion, Heralding the Future of Online/Offline Retail
NANJING, China, Aug.24, 2017 /PRNewswire/ -- The newly listed company of Fortune Global 500, Suning Commerce Group, owned byChina's retail giant, Suning Holdings Group (known as "Suning" or "the Group"), has recently completed its "8.18 Shopping Festival" - one of the most remarkable shopping spr...
Origin Agritech Receives RMB 152 million as First Payment of Commercial Seed Business Sale
DES MOINES, Iowa, Aug. 24, 2017 /PRNewswire/ -- Origin Agritech Ltd. (Nasdaq: SEED) ("the Company" or "Origin"), an agricultural biotechnology trait and corn seed provider, today announced that it has received the first payment from the Company'sRMB 421 million sale of its proprietary China-based...
China Life Insurance Company Limited Announces 2017 Interim Results (H Shares)
BEIJING, Aug. 24, 2017 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended30 June 2017 (the "Reporting Period") p...
Sungrow's Flagship 1500V Central Inverter is Now UL 1741-SA Certified
FREMONT, Calif., Aug. 24, 2017 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, has announced that its 1500Vdc turnkey station, the SG2500U, received its UL 1741-SA certification. That makes SG2500U the first central inverter to receive this certification, a ...
EveryMundo Continues APAC Growth - Hires Analytics/Mobile Expert Karen Cheng
MIAMI, Aug. 24, 2017 /PRNewswire/ -- EveryMundo
Baidu Announces Disposal of Its Food Delivery Subsidiary
BEIJING, Aug. 24, 2017 /PRNewswire/ -- Baidu, Inc. (the "Company" or "Baidu") (NASDAQ: BIDU), the leading Chinese language internet search provider, today announced that the Company's majority owned subsidiary, Xiaodu Life Technology Ltd ("Xiaodu"), which operates the food delivery business, h...
ZTE 6-Month Profit Rises 29.8% on Higher Mobile Network and Devices Sales
SHENZHEN, China, Aug. 24, 2017 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, reported a 29.8% surge in first-half net profit, powered by growth in the company's mob...
German Entrepreneurs' Visit Shows Changchun' Attraction in Foreign Investment
CHANGCHUN, China, Aug. 24, 2017 /PRNewswire/ -- A team of entrepreneurs from nearly 20 German companies recently visitedChangchun, an industrial city in northeastChina to seek business opportunities. The largest group of German firms which the city has received in the past decade highlights its s...
Sumitomo Chemical signs a deal to build an electronics materials facility in Changzhou Binjiang Economic Development Zone
CHANGZHOU, China, Aug. 24, 2017 /PRNewswire/ -- Changzhou National Hi-Tech
District signed a project investment agreement with Sumitomo Chemical onAugust
16, 2017.
Kerui Petroleum's WEFIC MSW-1 Shallow Water Mudline Suspension Wellhead System achieves breakthrough in China's underwater drilling technology
SINGAPORE, Aug. 24, 2017 /PRNewswire/ -- On June 22, 2017, the MSW-1 Shallow Water Mudline Suspension Wellhead System, a proprietary solution developed by Kerui Petroleum's high-end wellhead brand, WEFIC®, successfully completed its API 17D subsea production system performance test, filling the g...
Sumitomo Chemical signs a deal to build an electronics materials facility in Changzhou Binjiang Economic Development Zone
CHANGZHOU, China, Aug. 24, 2017 /PRNewswire/ -- Changzhou National Hi-Tech
District signed a project investment agreement with Sumitomo Chemical onAugust
16, 2017.
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