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China M&A Banking News. Service for global professionals. Constantly updated news and information about China.
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Latest China M&A Banking News

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  • WTO urged to spin off fishing pact to protect seas 2 Dec 2009 07:53 GMT
    ... WTO urged to spin off fishing pact to protect seas 2nd December ... letter to WTO chief , citing World Bank estimates that $50-billion a year is lost globally ... key source of protein. Countries such as China, Japan and South Korea have been reluctant to ...

  • As Shanghai rises Hong Kong asks: "What's next?" 10 Dec 2009 09:53 GMT
    ... to engineering blue skies for the Olympics, China's leaders have earned a reputation for achieving ... for achieving improbable goals. So when the Chinese government declared last April it wanted to ... the market." Arthur Kroeber, managing director at Beijing-based research firm Dragonomics, said that in any ...

  • DLA Piper Advises US Investment Bank Roth Capital Partners on NASDAQ Offering For Chinese Supermarket 9 Dec 2009 06:54 GMT
    ... 09 December 2009 LawFuel.com - Beijing and Phoenix - DLA Piper today announced ... a leading regional supermarket chain in Northeast China. Partners Rocky Lee and Steven Liu led ... Venture Capital practice in Asia said, "Fast-growing Chinese companies are increasingly turning to international markets ...

  • $2.1bn sale of AIG Taiwanese unit 'on track' 3 Dec 2009 02:30 GMT
    ... concerns the consortium was secretly backed by China-sourced funds. Taiwan has strict limits on permitted ... the mainland market, paving the way for banks on both sides to invest in each ... reports yesterday said that Industrial and Commercial Bank of China, the country's largest bank, is ...

  • A walk on the Asian banks' pay tightrope 8 Dec 2009 19:26 GMT
    ... Last updated: December 8 2009 18:57 Investment banks face a thorny issue in Asia-Pacific, the ... $27bn, mainly for mainland companies. On deals, China Investment Corp, the country’s sovereign wealth fund, has ... one regional executive at a global investment bank said. “This time round we can’t expect ...

  • Asian banks walk salary tightrope 8 Dec 2009 18:10 GMT
    ... Last updated: December 8 2009 17:47 Investment banks face a thorny issue in Asia-Pacific, the ... $27bn, mainly for mainland companies. On deals, China Investment Corp, the country’s sovereign wealth fund, has ... one regional executive at a global investment bank said. “This time round we can’t expect ...

  • UPDATE 4-GM to consider Saab sale until year end 2 Dec 2009 02:24 GMT
    ... after reaching a preliminary deal with GM. Beijing Automotive Industry Holding Co, China's No. 10 automaker, had planned to take ... Saab. Two U.S. investors, Wyoming-based Merbanco Merchant Banking and U.S. financier Ira Rennert and his ...

  • UPDATE 5-GM to consider Saab sale until year end 2 Dec 2009 05:14 GMT
    ... after reaching a preliminary deal with GM. Beijing Automotive Industry Holding Co, China's No. 10 automaker, had planned to take ... least one U.S. investor, Wyoming-based Merbanco Merchant Banking, is out as a bidder for Saab. ...

  • HK shares may rebound on China stimulus measures 10 Dec 2009 01:56 GMT
    ... four days of losses on Thursday, as China's plan to extend into next year stimulus measures ... Swire Pacific, which has appointed three investment banks to handle its proposed $3 billion property ... Francis Lun, general HSBC and Standard Chartered Bank may also recover today, Lun said. The ...

  • UPDATE 2-Chinese Internet firm Shanda keen for more buys 2 Dec 2009 06:34 GMT
    ... SHANGHAI/NEW YORK, Dec 2 (Reuters) - China's leading Internet firm aims to buy more ... set up a joint venture with a Chinese television company with an investment of 600 million ... Some analysts including Alan Hellawell from Deutsche Bank said Shanda's core games unit is still ...

  • Chinese Internet firm Shanda keen for more buys 2 Dec 2009 06:35 GMT
    ... SHANGHAI/NEW YORK (Reuters) - China's leading Internet firm Shanda Interactive Entertainment ( ... set up a joint venture with a Chinese television company with an investment of 600 million ... Some analysts including Alan Hellawell from Deutsche Bank said Shanda's core games unit is still ...

  • China Water Affairs Announces FY2009/10 Interim Results 3 Dec 2009 06:55 GMT
    ... HONG KONG, Dec. 3 /PRNewswire-Asia/ -- China Water Affairs Group Limited ("China Water Affairs" ... over the last corresponding period. Cash and bank balances totaled HK$539 million, up 4% over ... progressing. With the sustained development of the Chinese economy and accelerating urbanization, the government will continue ...

  • China Water Affairs Announces FY2009/10 Interim Results / Robust Business Growth 3 Dec 2009 06:59 GMT
    ... Group Limited ("China Water Affairs" or the "Company", stock code: ... over the last corresponding period. Cash and bank balances totaled HK$539 million, up 4% over ... progressing. With the sustained development of the Chinese economy and accelerating urbanization, the government will continue ...

  • GM to consider Saab sale until year end 2 Dec 2009 00:50 GMT
    ... after reaching a preliminary deal with GM. Beijing Automotive Industry Holding, China's No. 10 automaker, had planned to take ... Saab. Two US investors, Wyoming-based Merbanco Merchant Banking and US financier Ira Rennert and his ...

  • GM to consider Saab sale until year end 2 Dec 2009 01:37 GMT
    ... after reaching a preliminary deal with GM. Beijing Automotive Industry Holding, China's No. 10 automaker, had planned to take ... Saab. Two US investors, Wyoming-based Merbanco Merchant Banking and US financier Ira Rennert and his ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8277
EUR 1 = CNY 10.0569

Hong Kong Dollar:
USD 1 = HKD 7.7508
EUR 1 = HKD 11.4167

Macau Pataca:
USD 1 = MOP 7.9832
EUR 1 = MOP 11.7591

Taiwan Dollar:
USD 1 = TWD 32.1600
EUR 1 = TWD 47.3707

USD 1 = EUR 0.6789
EUR 1 = USD 1.4730

Closing Stocks:
Shanghai A: 3,405.87(-0.22%)
Shenzhen A: 1,279.51(-0.11%)
Hang Seng: 21,875.72(0.81%)
Taiwan Taiex: 7,795.07(1.53%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Dec. 11

Shipping magnate Tung Chee-hwa swept effortlessly to a historic victory in the poll, which selected Hong Kong's leader-in-waiting to take over when the British colony reverted to Chinese rule.
What year was it?

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