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Kai Yuan to Buy Paris Marriott Hotel for $468 Million
Kai Yuan Holdings Ltd. (1215), an investor in Chinese steelmakers and real estate, said it agreed to buy the Paris Marriott Hotel Champs-Elysees for 344.5 million euros ($468 million).
Kai Yuan Pays $466M For Central Paris Marriott Hotel  Law360 (subscription)
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HK group snaps up Champs-Elys�es hotel
A Hong Kong-based investment firm is buying the only five-star hotel on Paris's coveted Avenue des Champs-Elys�es as it bets on a growth in high-end Chinese tourism to the city of light.
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In pursuit of China's middle class, billionaire Guo targets Fosun's debt burden
BEIJING/HONG KONG, Dec 12 (Reuters) - Guo Guangchang, the billionaire founder of Chinese conglomerate Fosun International Ltd, has followed in the footsteps of buyout titan Henry Kravis even though he considers himself a student of investor Warren ...
In pursuit of China's middle class, billionaire Guo dumps the Buffett model  Malay Mail Online
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Hong Kong democracy demonstrations ebb after chief executive offers talks
The limited prospects of a real change in the government's stance were underlined by a third front page commentary on the movement in China's official party paper The People's Daily on Friday.
China warns foreign diplomats in Hong Kong to 'stay away' from ...  South China Morning Post (subscription)
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Hotel Assets New Darling of Chinese Investors
Hong Kong-based investment firm Kai Yuan Holdings recently completed its purchase of the Paris Marriott Hotel Champs-Elysees for 344.5 million euros, and Anbang Insurance Group's move in October to buy the Waldorf Astoria hotel in New York for $1.95 ...
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HKMA scraps 20000 yuan daily conversion cap in landmark reform
Controls will remain on yuan remittances to the mainland by holders of Hong Kong bank accounts. The daily limit of 80,000 yuan will not change and cross-border travellers will still have to declare physical holdings of 20,000 yuan or more. Analysts saw ...
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China and Hong Kong shares climb, Mengniu up after Danone's deal
"Gains by heavyweight stocks helped the main index to climb above 2,400 points - a technically-important level," said Tian Weidong, head of research in Kaiyuan Securities in Xi'an. "The logic behind their gains ... China Resources Power Holdings rose 2 ...
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China: We Need To Censor The Internet To Maintain Stability
Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd. The comments, made at the start ...
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Individual Investors Swamp Shanghai Link, Hong Kong Brokers Say
Inner Mongolia Yili Industrial Group Co. and Tencent Holdings Ltd. were the first companies traded through the program in Shanghai and Hong Kong, respectively, according to Hong Kong Exchanges & Clearing Ltd. Most clients seeking to buy through the ...
Stock through train could power A-share expansion  South China Morning Post (subscription)
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Paris's 5-Star World Expands as Hoteliers Vie for Nouveau Riche
The Peninsula Paris is not the only Hong-Kong-based chain to find a foothold in Paris. In 2010, Shangri-La Asia Ltd. opened a hotel in Paris, followed by Mandarin Oriental International Ltd.
Top hoteliers in Paris vie for the nouveau riche  The Malay Mail Online
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