Investment & Financing
eHi Car Services Announces Second Quarter 2017 Results
* 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
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
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
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
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
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
HONG KONG, Aug. 28, 2017 /PRNewswire/ -- Cedrus Investments ("Cedrus")
CF PharmTech, Inc. Raises USD $65 Million to Accelerate the Development of Company's Inhalation Products and Manufacturing Capacity to Global Market
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
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
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
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
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
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
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
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
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
TOKYO, Aug. 25, 2017 /PRNewswire/ -- VT HOLDINGS
Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Issues Operating Performance for the Six Months Ended June 30, 2017
TOKYO, Aug. 25, 2017 /PRNewswire/ -- Daiki Axis
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 ...
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