Nokia signals China ambitions

2013-03-07 09:38:11

This year could be a tipping point for Nokia Oyj with early indications the handsets have achieved a good start in major smartphone markets.

Baidu open to possible acquisitions

2013-03-06 18:48:30

Baidu Inc, China's biggest search engine, said it is open to acquisitions in the mobile sector as it tries to win an upper hand in the market, a top company official said.

WISCO to merge assets into listed subsidiary

2013-03-06 17:25:51

Wuhan Iron and Steel (Group) Corp, China's fourth-largest steelmaker by output, is restructuring by merging its assets and resources into WISCO's listed subsidiary, Wuhan Iron and Steel Co Ltd.

Sportswear maker 361 net profit drops 37.6%

2013-03-06 17:25:32

Fujian-based sportswear maker 361 Degrees International Ltd said its net profit declined 37.6 percent to 715 million yuan ($113.73 million) in 2012.

Unilever to sell water purifiers in China

2013-03-06 16:53:15

Unilever, the global consumer goods giant, will start selling water purifiers in China, the National Business Daily quoted a senior executive at the company as saying on Wednesday.

Sohu.com denies report of going private

2013-03-06 16:51:59

Sohu.com Inc, the operator of one of the biggest Web portals in China, denied a report saying that it is talking to investment banks and private equity funds to go private.

Foxconn, LeTV set up joint venture

2013-03-06 16:35:53

Foxconn Technology Group, the electronics manufacturing giant, said Tuesday that it will set up a joint venture with LeTV.com, a Chinese online video portal, China Business News reported on Wednesday.

Google controls 'too much' of China smartphone sector

2013-03-06 15:24:28

Google Inc has too much control over China's smartphone industry via its Android mobile operating system and has discriminated against some local firms.

Vanke gauges investor appetite for dollar bond sale

2013-03-06 07:50:36

China Vanke Co, the nation's largest home builder, has launched a series of investor roadshows in Hong Kong, Singapore and London, in anticipation of issuing its first dollar bond - in another sign of the property giant's determination to explore overseas markets.

Geely looks to IP boost in London cab maker deal

2013-03-06 07:52:16

Following its acquisition of Swedish luxury vehicle brand Volvo two years ago, Geely Group has made another strategic transaction that analysts say will bring benefits from intellectual property rights.

Telecom giant on lookout for overseas M&As

2013-03-06 07:50:36

China Mobile Communications Corp is seeking merger-and-acquisition opportunities in the global market, the company's chairman said.

Carlsberg Hong Kong in $461m Chongqing Brewery bid

2013-03-05 16:55:24

Chongqing Brewery Co Ltd, one of China's largest beer makers, said on Monday that Carlsberg Brewery Hong Kong Ltd has launched a partial takeover bid valued at 2.65 billion Danish krone ($461.49 million) for 30.31 percent of the company.