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Kai Yuan to Buy Paris Marriott Hotel for $468 Million
Kai Yuan Holdings Ltd., 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)
Hong Kong-listed Kai Yuan buys Paris Marriott Hotel Champs-Elysees hotel  South China Morning Post
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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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China Markets Live - Shanghai, Shenzhen and Hong Kong finish in the green
Yanchang Petroleum, National United Resources (NUR) Holdings and Kai Yuan Holdings all expect to turn last year's profit into loss, while Courage Marine Group says its losses will increase.
PBOC Plans London Yuan Bond Sale as UK Supports Reserve Status
... place “in the near future,” a move that will bolster London as a leading offshore yuan trading hub and promote the global use of the currency, according to a Chinese statement following discussions in Beijing between U.K.
Asian shares rise as Fed rate-hike worries recede
Sun Hung Kai was up 1.8%. Sunac China Holdings Ltd. 1918, +0.00% rose 7.5% after it said it would buy 13.79 billion yuan ($2.07 billion) of property projects in China from Legend Holdings Corp. 0936, +1.41% . The property projects are located in 16 ...
Asian Shares Mostly Higher Ahead of Central Bank Meetings  Wall Street Journal
Beijing launches 200b yuan venture capital fund to foster SOE reform and spur ...
The fund's chief promotor and manager is China Reform Holdings Corp, one of three asset management arms that answer directly to the State-owned Assets Supervision and Administration Commission, which manages state-owned enterprises.
Alibaba Set To Sell Meituan-Dianping Stake For $900M
The investors in that round included Tencent Holdings Ltd., DST Global, TBP Capital, Capital Today, CDB Kai Yuan Capital Management, Ltd., Baillie Gifford, Temasek Holdings Private Ltd. and Canada Pension Plan Investment Board. Alibaba offloaded its ...
Billionaire Li Ka-Shing Says China's Economic Outlook Is Bright
"The long-term outlook for the mainland is good," the 87-year-old chairman of CK Hutchison Holdings Ltd. said from his office atop the Cheung Kong Center building in downtown Hong Kong.
Li Ka-shing says he's upbeat on China's long term outlook  South China Morning Post
Billionaire Li Ka-shing absent from Hutchison annual general meeting owing to ...
Billionaire Li Ka-shing, 87, was absent from the annual general meeting of his flagship companies CK Hutchison Holdings and Cheung Kong Property on Friday because of an illness.
Top Taiwan Fund Manager Cuts Stock Holdings Before Election
Top-performing Taiwan fund manager Vincent Yang has reduced his stock holdings before this weekend's historic presidential poll, while Blackfriars Asset Management Ltd. and Manulife Asset Management Ltd. are refraining from buying the island's equities ...