Investment & Financing
Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. Forge Partnership to Co-Develop Electric Vehicles in China
PARIS and BEIJING, August 29, 2017 /PRNewswire/ -- - Newly formed joint venture eGT New Energy Automotive Co., Ltd. expected to support zero-emission mobility, a key priority for both Dongfeng Motor Group Co., Ltd. and the Renault-Nissan Alliance - Company will focus on the core competencies of...
Boer Power Announces 1H2017 Results
HONG KONG, Aug. 29, 2017 /PRNewswire/ -- Financial Highlights * Driven by effective sales strategies, the Group's sales performance recorded rebounded. For the six months ended30 June 2017, the Group's sales revenue rose toRMB392.1 million, representing an increase of 51.2% yoy, which repres...
Top China-based Asset Management Firm Extends Partnership with SS&C
Ping An Asset Management Company renews and expands SS&C HiPortfolio license to support rapid business growth WINDSOR, Connecticut, Aug. 29, 2017 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today...
Meituan-Dianping Bridges the Gap between Digital Advertising and Offline Experience with the First Fully-Integrated Online and Offline Programmatic Marketing Platform
BEIJING, Aug. 28, 2017 /PRNewswire/ -- Meituan-Dianping, China's largest service-focused e-commerce platform, announced the launch of its "Co-Line Marketing", an integrated online and offline marketing platform. This game-changing marketing technology provides merchants and brands with unprecede...
Noah Holdings Limited Announces Unaudited Financial Results for the Second Quarter of 2017
SHANGHAI, Aug. 28, 2017 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider inChina with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced its ...
Global Sources announces completion of acquisition by funds affiliated with Blackstone
NEW YORK, Aug. 28, 2017 /PRNewswire/ -- Global Sources Ltd
Realord Group Announces 2017 Interim Results
Revenue increased by 133% to HK$216 million Environmental Protection Business Contributes 65.6% of Revenue 1H2017 Interim Results Highlights (HK$'000) For the six months ended 30 June Changes (%) 1H2017 1H2016 Turnover 216,233 92,844 +133.0% Gross Profit 52,280 41,674 +25.45% Prof...
Goodbaby International Holdings Limited Announces 2017 lnterim Results
HONG KONG, Aug. 28, 2017 /PRNewswire/ -- For the six months ended 30 June 2017 2017 HK$ million 2016 HK$ million Change Revenue 3,295.6 3,214.9 +2.5% Gross profit 1,195.1 1,074.5 +11.2% Gross profit margin 36.3% 33.4% +2.9 p.p. Operating profit 179.4 169.1 +6.1% Profit for...
Agile Group Holdings Limited Interim Results Announcement 2017
HONG KONG, Aug. 28, 2017 /PRNewswire/ -- For the six months ended 30 June Change (%) (RMB million) 2017 2016 Revenue 22,315 22,558 -1.1 Gross profit 8,324 4,515 +84.4 Net profit 2,306 1,001 +130.3 Profit attributable to shareholders of the Company 1,859 604 +207.9 Basic ...
Tekni-Plex begins production at new China manufacturing facility
$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
-- Boosts Merck's single-use chromatography portfolio
-- Accelerates Merck's mAb and vaccine manufacturing offering
DARMSTADT, Germany, Aug. 28, 2017 /PRNewswire/ -- Merck
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...
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