Chinese Coal Port Said to Weigh Moving Shanghai IPO to Hong Kong
Bloomberg Qinhuangdao Port Co., China’s biggest coal port, is preparing an $800 million initial public offering in Hong Kong after waiting for more than a year to sell shares in Shanghai, said three people with knowledge of the matter. The company, based in Hebei...
Whirlpool to Buy Majority Stake in Hefei Sanyo
The Wall Street Journal 13 August 2013 Whirlpool Corp. has agreed to buy a majority stake in Chinese home-appliances maker Hefei Rongshida Sanyo Electric Co., giving Whirlpool a set of appliance brands that span the Chinese market where it has struggled to grow. The...
China Commercial Credit Shares to Begin Trading on NASDAQ Capital Market Today
Wujiang, Jiangsu Province, China – August 13, 2013 – China Commercial Credit, Inc., a microcredit company providing loans and loan guarantees to small-to-medium sized enterprises, farmers and individuals, today announced the pricing of its IPO of 1,370,000...
Rostelecom sets up venture project department
East-West Digital News Earlier this week Rostelecom, Russia’s national telecom operator, announced the creation of its own “Venture Project Department. The new department will focus on “search, screening, packaging, and test introduction of new products...