NWS Holdings Ltd. (659), controlled by Hong Kong billionaire Cheng Yu-tung, agreed to buy a stake in the operator of China’s biggest airport from sovereign-wealth fund GIC Pte, betting on a surge in travelers. NWS will buy 8.8 percent of Beijing Capital International...
WASHINGTON, Dec. 16 (Xinhua) — China’s natural gas sector will develop quickly in the near future, which offers « golden opportunities » for business and cooperation, an Hong Kong-based think-tank said in a report on Monday. The paper, known as « CEFC...
XINHUA NEWS SHANGHAI, Dec. 9 (Xinhua) — The smog that blanketed over 100 cities in half of China last week has rekindled criticism of insufficient efforts in the fight against air pollution. Among urban residents, severely polluted air has become a main source...
Bloomberg China’s decision to end a 15-month freeze on initial public offerings may unleash at least $11 billion of share sales in next year’s first half. More than 760 mainland Chinese companies are waiting to go public, their plans halted when regulators imposed the...
Bloomberg Haier Electronics Group Co. (1169) surged to the highest in 14 years in Hong Kong trading after Alibaba Group Holding Ltd. agreed to invest HK$2.82 billion ($364 million) in the home-appliance maker and its logistics business. Haier Electronics surged 13...
