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OCCUPY CENTRAL - DAY 19: Full coverage of the day's events
China's third-biggest umbrella maker Jicheng Umbrella Holdings is seeking funds to build a new factory, according to a prospectus filed on Wednesday, Reuters said.
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Alibaba Affiliate Boosts Payment Options for Retail, Car Rental
Alibaba Group Holding Ltd. (BABA)'s financial arm, controlled by billionaire Jack Ma, revealed payment options tailored for healthcare, retail and car rental providers at a conference in Beijing.
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Hong Kong shares fall on US interest rate worry, China mixed on credit data
"The fluctuations of the Shanghai index are very limited. It had a jump last week, so it is normal to have some minor adjustments this week," said Wang Weijun, an analyst at Zheshang Securities in Shanghai, adding that now there is "no big momentum for ...
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Reform, not monetary stimulus, is China's only choice to revive growth
To stabilise the economy, China must cut taxes by 1 trillion yuan (HK$1.26 trillion) or more. Value-added tax should be cut to 13 per cent, from 17 per cent, the top personal income tax rate slashed from 45 per cent to 25 per cent, and contributions to ...
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Drinks Company Boss: Sinopec Investment Has 'Huge Potential'
One of the 25 investors to be chosen is China Deyuan Capital (Hong Kong) Ltd., a subsidiary of Huiyuan International Holdings Ltd. Deyuan Capital's sole ... Huiyuan spent 3 billion yuan for a 0.84 percent stake in the Sinopec subsidiary. Zhu said it ...
Everything's coming up roses for Floral Man
With that pace in mind, there was real merit to Floral Man holding on for third as he was the nearest runner to the leaders for the tough part of the race.
Former Ultrasonic chief denies theft allegations
"Rumours say that I took more than a billion [yuan]. This is pure rumour. No such thing has happened. The firm's financial situation remains normal," Sina quoted Wu as saying.
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North Korea tests Beijing with hijack of another Chinese fishing boat
The North Koreans demanded a fine of 250,000 yuan (HK$315, 000) for releasing the boat and its crew, but on September 17 the six crew returned to their fishing village with wounds on their bodies from being beaten, the newspaper said.
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ICAC chief Simon Peh in mainland visit
Hong Kong's top graft-buster is visiting the mainland to meet top officials, exchange experiences and discuss Beijing's crackdown on corruption.
China's factories pick up pace but credit costs hold back recovery
The central bank was reported to have injected 500 billion yuan (HK$631 billion) of liquidity into the country's Big Five state-owned banks last week in a bid to ease funding bottlenecks, after money supply fell to a five-month low last month and ...
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