Investment & Financing
NQ Mobile Inc. Enters into Definitive Agreements to complete the FL Mobile Divestment and for the Sale of Showself's Live Social Video Business
BEIJING, March 30, 2017 /PRNewswire/ -- NQ Mobile Inc. ("NQ Mobile" or the "Company"), a leading global provider of mobile Internet services, today announced that the Company had entered into definitive agreements (the "Agreements") with Tongfang Investment Fund Series SPC (the "Investor"), an affil...
Huiyuan Juice Investing in Richland Group to Create Greater Value through Blueberry Industry
BEIJING, March 30, 2017 /PRNewswire/ -- Recently Huiyuan Juice officially announced buying shares of Jiangsu Richland Group Co., Ltd. (hereinafter referred to as "Richland Group"). Huiyuan Juice will take the blueberry industry as an opportunity and buying shares as its initial cooperation gestu...
New Data on China's Economy Reveal Job Losses, Contraction
A large-scale, independent survey from the Cheung Kong Graduate School of
Business
Canadian Solar Secures JPY4 Billion Credit Facility with Sumitomo Mitsui Finance and Leasing Company, Limited
GUELPH, Ontario, March 30, 2017 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4...
Symetis and Boston Scientific Reach USD 435 Million Purchase Agreement
ECUBLENS, Switzerland, March 30, 2017 /PRNewswire/ -- * Definitive purchase agreement whereby Boston Scientific will acquire Symetis for$435 million in an all cash, up-front payment * Acquisition of Symetis will expand the treatment offerings for patients with aortic valvular heart disease ...
China Zenix Auto International Reports Fourth Quarter and Full Year 2016 Results
- Net cash flow from operations in 2016 reached RMB179.2 million (US$25.8 million), Expenditures and deposits related to property, plant and equipment in 2016 was RMB29.5 million (US$4.3 million) - ZHANGZHOU, China, March 30, 2017 /PRNewswire/ -- China Zenix Auto International Limited (NYSE: ZX) ("...
China Automotive Systems Reports Fourth Quarter and Fiscal 2016 Results
WUHAN, China, March 30, 2017 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for fiscal year ende...
Hailiang Education Reports First Six Months Fiscal 2017 Financial Results
HANGZHOU, China, March 30, 2017 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG) ("Hailiang Education" or the "Company"), a provider of private K-12 educational services in China, today announced its financial results for the first six months of fiscal year 2017 ended December 31, 2016 ("...
New Functionalities in 3D Printing Expand its Application Scope across Sectors, finds Frost & Sullivan
Open source 3D printing designs to revolutionize consumer lifestyle SINGAPORE, March 30, 2017 /PRNewswire/ -- The evolution of 3D printing from a prototype to a highly advanced manufacturing technology has boosted its uptake inAsia-Pacific. The mounting pressure of mass customization, alongside t...
New Data on China's Economy Reveal Job Losses, Contraction
A large-scale, independent survey from the Cheung Kong Graduate School of
Business
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities
Delticom, Amazon, and eBay have the strongest overall eRetailer portfolios in Europe, finds Frost & Sullivan's Mobility team LONDON, March 30, 2017 /PRNewswire/ -- European automotive aftermarket eRetailers are redrawing the boundaries of aftermarket service through innovative business models in...
SKF Invests in Expanding Production Capacity in Malaysia
GOTHENBURG, Sweden, March 30, 2017 /PRNewswire/ -- SKF is investing SEK 45 million in expanding its spherical roller bearing (SRB) capacity in Nilai, Malaysia. This investment will further improve utilisation of the Group's manufacturing capacity. Luc Graux, President, Bearing Operations, says: ...
Asia Pacific Drives New Growth in Global Centrifugal Pumps Market, finds Frost & Sullivan
End-user demand, modernization and power generation in emerging economies sustain growth SINGAPORE, March 30, 2017 /PRNewswire/ -- Water and wastewater end-user demand, power generation in emerging economies and investment in modernizing water and wastewater infrastructure are factors igniting p...
InstaReM introduces FREE Money Transfers
Absolutely ZERO Margins, ZERO Transfer Fees
Shaking up the Money Transfer Industry
HONG KONG, March 30, 2017 /PRNewswire/ -- InstaReM
Press Release Regarding The Filing Of A Draft Offer Document Relating To The Simplified Cash Tender Offer For The Shares Of Euro Disney S.C.A., Initiated By EDL Holding Company, LLC, Euro Disney Investments S.A.S. And EDL Corporation S.A.S., Presented By BNP Paribas
PARIS, March 30, 2017 /PRNewswire/ -- Price of the Offer 2.00 euros per Euro Disney S.C.A. share. Timetable The timetable will be set by the Autorité des marchés financiers (the "AMF") in accordance with its general regulation. This press release is being issued by EDL Holding Company, LLC; Eu...
Jiayuan International Announces Annual Results 2016
HONG KONG, March 30, 2017 /PRNewswire/ -- Financial Highlights: RMB 000' For the year ended 31 December Changes 2016 2015 Revenue 3,702,081 1,872,615 +97.7% Gross Profit 1,263,930 397,982 +217.6% Gross Profit Margin 34.1% 21.3% 12.8 p.p. Profit and total comprehensive incom...
Yirendai Enters into an Agreement of Intent on Performance Bond with PICC P&C
BEIJING, March 30, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it has entered into an agreement of intent (the "Agreement") with the Beijing branch of PICC Property and Casualty Company Lim...
China Oceanwide Completes Acquisition of IDG
BEIJING, March 30, 2017 /PRNewswire/ -- China Oceanwide Holdings Group Co., Ltd ("China Oceanwide") announced the close of the acquisition of International Data Group, Inc. ("IDG") on March 29. Upon closing, China Oceanwide became the controlling shareholder, with 90% ownership share, of IDG's opera...
Huazhang Technology Issued Bonds in the Aggregate Principal Amount of HK$100 Million
HONG KONG, March 30, 2017 /PRNewswire/ -- Huazhang Technology Holding Limited ("Huazhang" or the "Group", stock code: 1673) is pleased to announce that, the Group has conditionally agreed to issue Bonds in the aggregate principal amount ofHK$100 million with 5.0% interest per annum, to Kaiser Ass...
Beijing Gas Blue Sky Announces 2016 Annual Results
HONG KONG, March 30, 2017 /PRNewswire/ -- Highlights * Total revenue increased by nearly 5 times to HK$633.8 million, which came entirely from the natural gas business * Total gas sales volume increased by 15 times to 285.0 million cubic meters * Profit for the year attributable to owners o...
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