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China Daily Website

  • Alibaba and PE firm set to take control of info provider in HK

    2014-01-25 08:06

    E-commerce giant Alibaba Group Holding Ltd and private equity firm Yunfeng Capital bought a majority stake in Hong Kong-listed information provider CITIC 21CN Co Ltd for HK$1.324 billion ($171 million.

  • Fosun buys Portuguese insurer for $1.4b

    2014-01-11 07:55

    China's biggest private conglomerate acquired a controlling stake in Portugal's largest insurance group Caixa Seguros e Saude for $1.36 billion.

  • Fosun chosen to buy Portugal's insurer

    2014-01-10 10:46

    Portuguese government approved a proposal by the Chinese Fosun International Ltd to buy 80 percent of the social capital of Caixa Seguros.

  • BOC issues 2.5b RMB-denominated bonds in London

    2014-01-09 10:31

    Bank of China London Branch issued 2.5 billion RMB-denominated bonds. This issuance marked the first RMB bond issued in the London market by the British branch of a Chinese bank.

  • Greenland inks London deal

    2014-01-08 01:55

    Chinese State-owned developer Greenland Holding Group announced its 1.2 billion pound ($1.97 billion) investment in two overseas development projects in London on Tuesday.

  • Huawei to invest in Denmark's mobile network

    2013-12-10 13:54

    China's high-tech powerhouse Huawei on Monday announced an investment of $500 million to develop Denmark's next generation mobile network over next six years.

  • Chinese companies boost UK economy

    2013-12-02 00:29

    Chinese companies are thriving in the UK and making a significant contribution to the UK economy, according to the Grant Thornton Tou Ying 25 tracker 2013.

  • China to keep backing Chinese firms' overseas expansion

    2013-11-28 13:13

    Visiting Chinese Premier Li Keqiang on Wednesday pledged continued support for Chinese companies to expand overseas and protection of their legitimate rights.

  • Chinese firm CIC close to deal for purchase of London office park

    2013-11-12 10:21

    China Investment Corporation is close to a deal with US private equity group Blackstone on the acquisition of an office park in western London.

  • Lenovo becomes Spain's 3rd largest PC company

    2013-10-29 09:23

    China's Lenovo became Spain's third largest PC company in the third quarter of 2013 with a market share of 9.8 percent, the economic newspaper Expansion reported.

  • CNOOC's Rochelle gas field starts operations

    2013-10-26 13:44

    China National Offshore Oil Corp, China's biggest offshore oil and gas producer, announced on Oct 25, 2013 that its Rochelle gas field in the North Sea off the UK had started operations.

  • Gaming firm Rekoo opens London office

    2013-10-17 07:12

    China's mobile gaming company Rekoo has opened a London office with a view to market its games to Europeans and bring EU-developed games to China.

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