Investment & Financing

ECI Festival North America 2017: Connecting China-US Innovation

2017-08-25 22:30 3842

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 5900

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 9079

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...

China Huarong Achieved Strong Results for 1H2017

2017-08-25 20:08 5641

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

2017-08-25 18:00 4689

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

2017-08-25 15:49 10825

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. OUE Executive Chairm...

AmCham Singapore Voices Support for TPP-11

2017-08-25 15:42 4236

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

2017-08-25 14:01 6260

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

2017-08-25 10:30 7413

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

2017-08-25 07:00 6117

Acquisition strengthens UL's global expertise in appliance energy efficiency services and expands European footprint NORTHBROOK, Illinois, Aug. 25, 2017 /PRNewswire/ -- UL, a global safety science organization, today announced that it acquired AE Performance Testing Lab, the...

DMS Announces The Launch Of The JWP Enterprise Fund As Part Of The JWP ICAV Umbrella Platform Structure

2017-08-24 23:17 8906

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

2017-08-24 21:40 8169

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

2017-08-24 21:30 5589

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

2017-08-24 20:45 4547

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)

2017-08-24 20:39 4448

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

2017-08-24 20:30 4257

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

2017-08-24 19:00 5511

MIAMI, Aug. 24, 2017 /PRNewswire/ -- EveryMundo , a leading provider ofperformance marketing solutions for the global airline industry, continues its expansion with the appointment ofKaren Cheng to join its rapidly growing operati...

Baidu Announces Disposal of Its Food Delivery Subsidiary

2017-08-24 18:10 4751

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

2017-08-24 18:02 6487

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

2017-08-24 17:56 5088

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...

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