Tag Archive | "yuan"

Shenzhen International investing 1b yuan for Nanchang logistics park

Shenzhen International investing 1b yuan for Nanchang logistics park Shenzhen International, controlled by the city government of Shenzhen, has inked a slew of deals in recent years. Aside from Nanchang, the firm has logistics projects in six other mainland cities under development, covering a total of 2.4 million … Read more on South China Morning […]

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Shenzhen International to buy land for 3.6b yuan

Shenzhen International to buy land for 3.6b yuan In a filing with the Hong Kong stock exchange late on Wednesday, the company said it set up a joint venture with subsidiary Shenzhen Expressway, a highway and toll-road operator, in August to develop the newly acquired land parcels, which are along a … Read more on South […]

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BRIEF-Harbin Churin to acquire Shenzhen jewellery firm valued at 1.35 bln yuan

BRIEF-Harbin Churin to acquire Shenzhen jewellery firm valued at 1.35 bln yuan Says plans to acquire Shenzhen jewellery company valued at 1.35 billion yuan (220.29 million US dollar) via share issue. * Says plans to raise up to 450 million yuan via private placement of shares to fund acquisition. * Says its shares to resume […]

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Sunglass maker to sell Shenzhen factory site for 1.8b yuan

Sunglass maker to sell Shenzhen factory site for 1.8b yuan Sunglass maker Arts Optical International has agreed to sell the site of its Shenzhen factories to a subsidiary of Hong Kong-listed property developer Kaisa for 1.8 billion yuan (HK$ 2.27 billion). The deal would provide a gain 791.6 million yuan for … Read more on […]

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BRIEF-Shenzhen Sunwin Intelligent's Q2 contracts totalling 173 million yuan

BRIEF-Shenzhen Sunwin Intelligent's Q2 contracts totalling 173 million yuan June 30 (Reuters) – Shenzhen Sunwin Intelligent Co Ltd. * Says Q2 contracts totalling 173 million yuan ($ 27.89 million). Source text in Chinese: bit.ly/TJp9zL. Further company coverage: ($ 1 = 6.2036 Chinese Yuan Renminbi) (Reporting by Hong Kong and … Read more on Reuters

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Bribe or donation? Ex-Shenzhen official's retrial focuses on 1 million yuan he

Bribe or donation? Ex-Shenzhen official's retrial focuses on 1 million yuan he … A new trial against an ex-Shenzhen official opened at the Guangdong High People's Court, with the prosecution pushing for his conviction over accepting a million-yuan “bribe” that was discounted as a “donation” in the previous trial. Huang Zhiguang had … Read more on […]

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BRIEF-Shenzhen-based financial firm has bought 201 mln yuan worth of China

BRIEF-Shenzhen-based financial firm has bought 201 mln yuan worth of China … Says a Shenzhen financial firm bought 23.97 million of its A-shares, or 0.22 percent of issued share capital, worth about 201 million yuan ($ 32.37 million) on June 13-19. Source text in Chinese: bit.ly/1rbgSQG. Further company coverage: ($ 1 = 6.2090 … Read more […]

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BRIEF-Shenzhen-based financial firm bought 226 mln yuan worth of China

BRIEF-Shenzhen-based financial firm bought 226 mln yuan worth of China … Says a Shenzhen-based financial firm representing 1,320 of Vanke's employees has bought about 226 million yuan ($ 36.18 million) worth of its A-shares on May 30 at 8.55 yuan per share. Source text in Chinese: link.reuters.com/dus79v. Further company … Read more on Reuters

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BRIEF-Shenzhen Kaifa Technology expects Q1 net loss at 110-120 mln yuan

BRIEF-Shenzhen Kaifa Technology expects Q1 net loss at 110-120 mln yuan April 14 (Reuters) – Shenzhen Kaifa Technology Co Ltd. * Says expects Q1 net loss at 110-120 million yuan ($ 17.71-$ 19.32 million) versus net profit of 32.5 million yuan previous year. Source text in Chinese: link.reuters.com/fad58v. Further company … Read more on Reuters

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BRIEF-Shenzhen MTC plans to use up to 1 bln yuan of its available cash to set

BRIEF-Shenzhen MTC plans to use up to 1 bln yuan of its available cash to set … March 21 (Reuters) – Shenzhen MTC Co Ltd. * Says plans to use up to 1 billion yuan ($ 160.58 million) of its available cash to set up a trust with Shanghai trust. Source text in Chinese: link.reuters.com/duw77v. […]

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Car Plate Auctioned for Record High 1.72 Million Yuan in Shenzhen

Car Plate Auctioned for Record High 1.72 Million Yuan in Shenzhen A screenshot shows the results of a car plate auction held in Shenzhen, south China's Guangdong Province, on Jan.26, 2014. [Photo: sohu.com]. A car license plate auction is being held in Shenzhen, south China's Guangdong Province. With averaging sales … Read more on CRIENGLISH.com

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Jiugui Drops in Shenzhen After 100 Million Yuan Reported Stolen

Jiugui Drops in Shenzhen After 100 Million Yuan Reported Stolen (000799) fell to its lowest in more than three years in Shenzhen trading after the Chinese spirits maker said 100 million yuan ($ 16.5 million) was stolen from the savings account of a subsidiary. The Jishou, China-based company dropped as much as 5.1 … Read more […]

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Shenzhen government office shells out 310000 yuan for three trees

Shenzhen government office shells out 310000 yuan for three trees A grassroots government office in the southern Chinese city of Shenzhen spent over 300,000 yuan to buy three trees in 2011 as part of a programme to "beautify" the city ahead of the World University Games, government auditors have found. The Huangmabu … Read more on […]

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BRIEF-Beijing Tongtech aims to raise 141.5 mln yuan via Shenzhen IPO

BRIEF-Beijing Tongtech aims to raise 141.5 mln yuan via Shenzhen IPO Jan 16 (Reuters) – Beijing Tongtech Co Ltd. * Says sets its Shenzhen IPO price at 22 yuan per share. * Says aims to raise 141.5 million yuan ($ 23.40 million) in its IPO. Source text in Chinese: link.reuters.com/cyz95v. Further company coverage: ($ 1 […]

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Gold Mao statue worth 100m yuan unveiled in Shenzhen

Gold Mao statue worth 100m yuan unveiled in Shenzhen A gold and jade statue of Mao Zedong worth more than 100 million yuan was unveiled on Friday, in the latest example of China's indecision over how to commemorate its founding father's 120th anniversary. The statue, 80 cm tall but weighing more than 50 … Read more […]

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