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Tag Archives: Finance

China’s Electronic Payments Continue Strong Growth

Given that China is the country with the world’s largest population (approximately 1.35 billion in 2013), the international payment industry has anxiously waited for an opportunity to tap into the massive market potential that China holds. When the Chinese electronic payment market becomes truly open to international competition, international payment players are likely to find a relatively mature payments market, …

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China Going Global Think Tank Kicks Off with CEO Forum In Beijing

China Going Global (CGG) – the country’s first think tank on issues facing Chinese companies expanding overseas – today hosted Chinese chief executive officers and other senior managers at its first forum here. The two-day event, China Going Global Outbound Investment and M&A Forum: What Every CEO Should Know, welcomed 50 top international experts to give advice on how Chinese …

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China’s Education Sector Adapting with Economy

With the rapid development of the Chinese economy, the country has witnessed charitable donations exceeding 80 billion yuan (approx. US$13.1 billion) annually for the first time, 36 percent for the education sector. An ever growing number of Chinese companies and foundations have begun to realize that they can revolutionize the fundraising model in the Chinese education sector, especially when it …

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Asian Family Businesses – Succession Tipping Point

Can Australian family businesses learn from their Asian counterparts when it comes to Transition? By David Harland – Family Business Advisor and Managing Director of FINH   Asian family businesses have been in the spotlight recently since recent research has shown that they are major drivers of growth and wealth creation in the region. A Credit Suisse report shows that …

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Yingli Green Energy Reports Third Quarter 2013 Results

Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), the world’s largest vertically integrated photovoltaic manufacturer, known as “Yingli Solar,” today announced its unaudited consolidated financial results for the quarter ended September 30, 2013. Third Quarter 2013 Consolidated Financial and Operating Summary Total net revenues were RMB 3,649.4 million (US$596.3 million). Total PV module shipments …

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2013 APEC China Day Held In Bali Indonesia

Asia-Pacific Economic Cooperation (APEC) Summit will be held in Bali, Indonesia from October 5th to 8th , 2013. “Towards Resilience and Growth, Reshape the Priorities of Global Economy — APEC China Day” event was held at Udayana University in Bali, Indonesia to promote the economic, cultural, non-governmental exchanges and understandings between China and the APEC host country. Former Australian Prime …

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RM Group Holdings Limited to Raise a Maximum of HK$139M from Placing

RM Group Holdings Limited  (“RM“, and together with its subsidiaries, the “Group”; stock code: 8185), the third largest Proprietary Chinese Medicine (“PCM“) health supplements provider in Hong Kong in 2012, announced today the details of its plan to list on the Growth Enterprise Market (“GEM“) of The Stock Exchange of Hong Kong Limited (“SEHK“). A total of 129,600,000 shares will …

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New Investment Opportunities in Chinese Currency for HSBC customers in the Middle East

HSBC launches range of RMB products for customers in the region HSBC Bank Middle East Limited is giving its customers the opportunity to connect to China with the launch of a series of Renminbi (RMB) deposit accounts. China’s renminbi (RMB – also known as the yuan) is poised to join the US dollar and the euro as one of the …

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China – Doing business with the UAE

In recent years our practice has seen a notable rise in Chinese business activity in the UAE as China has increased its appetite for international investment. We would expect this trend to continue as the economy within the UAE has been forecasted to show a steady recovery in 2013, both in terms of GDP and property market which makes it …

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New Oriental Announces Completion of US$50 Million Share Repurchase Program

New Oriental Education and Technology Group Inc. (the “Company” or “New Oriental”) (NYSE: EDU), the largest provider of private educational services in China, today announced the completion of the US$50 million share repurchase program authorized by its board of directors in April 2013. Under the program, the company repurchased 2,436,300 shares, representing approximately 1.5% of its outstanding shares as at …

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