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  1. Xinhua Metal rises

    Posted Apr 05th 2007, 12:00am by Carol Chan

    ... Carol Chan Shares in Shanghai-listed Xinhua Metal Products jumped their 10 per cent daily limit yesterday after the firm said it would issue new A shares worth at least 6.8 billion yuan ... worth 10.6 billion yuan. Shares in Xinhua Metal closed at 7.70 yuan yesterday. ...

  2. Xinhua's television arm seeks ad gains

    Posted Feb 17th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com China Xinhua News Network (CNC) aims to generate substantial income from advertising in five years, even though CNC, launched two years ago, has yet to profit from advertising. In December, the television arm of Xinhua injected the assets of its Asia-Pacific channels into Hong Kong-listed Tsun Yip, a waterworks engineering firm. Last week, Tsun Yip ...

  3. Tsun Yip cleared for Xinhua TV takeover deal

    Posted Dec 07th 2011, 12:00am

    ... and convertible bond issue. Xinhua TV is a branch of China Xinhua News Network Co (CNC). 'We have no experience in the media industry, but we are very interested in exploring new businesses, especially in advertising,' Tsun Yip's chief executive Eric Chia Thien Loong said. In return for the stake, CNC, a subsidiary of Xinhua News Agency, will own 28.49 per cent of Tsun Yip ...

  4. Xinhua Finance aims for US$323m offer

    Posted Feb 23rd 2007, 12:00am by Carol Chan

    ... debt to Xinhua Finance, in which state-run Xinhua News Agency has a minority stake. The debts were incurred when the subsidiary bought Xinhua Finance Advertising and the contractual control ... Carol Chan and Wong Ka-chun Shanghai-based business news distributor Xinhua Finance Media (XFM) and some shareholders plan to raise as much US$323 million through a share sale ...

  5. Xinhua Finance Media on takeover trail after listing raises US$204m

    Posted Mar 10th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Xinhua Finance Media, a financial news provider focused on mainland markets, raised net proceeds of about US$204 million with an initial public offering on the Nasdaq. ... of the listing proceeds would be used to pay back debts to parent company Xinhua Finance. The balance would be used for mergers and acquisitions and general working capital. The company said it had ...

  6. Xinhua Finance to focus on Greater China after bureau sales

    Posted Jun 02nd 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Xinhua Finance, a Tokyo-listed mainland business news wire service provider, will focus on covering the Greater China market after selling its seven Asia-Pacific news ... financial news, investor relations and distribution. The deal did not affect other Xinhua Finance news units, including Market News International, Stone and McCarthy and G7 Group, the company said. ...

  7. Business - China Business

    Business Digest, September 17, 2012

    Posted Sep 17th 2012, 12:00am by AGENCIES

    ... and the development of micro financial organisations, Pan said at an academic symposium in Beijing. Xinhua Top banks probed over money laundering JPMorgan Chase and Bank of America are among several US banks ...

  8. Business - China Business

    Business Digest, September 21, 2012

    Posted Sep 21st 2012, 12:00am by AGENCIES

    ... News this week that the central bank will maintain the continuity and stability of monetary policies and at the same time make adjustments that are more forward-looking, targeted and effective. ...

  9. Passengers take Shenzhen bus company for a ride

    Posted Jun 26th 2005, 12:00am by Staff Reporter

    ... Shi Ting Bus passengers are taking free rides in Shenzhen using fake money, according to Xinhua. Shenzhen Bus Corp, which runs the city's public bus services, has collected more than ... collectors and some patrons have taken advantage. According to Xinhua, the bus company collects about 40,000 yuan worth of fake bills every day. In the first four months of this year, the amount ...

  10. Tom plans mainland bookstore venture

    Posted Aug 13th 2004, 12:00am by Staff Reporter

    ... Wang said talks began last month with state-owned Xinhua Bookstore on forming a distribution joint venture in one or two provinces. The investment will involve between 400 million yuan and 900 million yuan in each province. Xinhua owns an average 200 to 400 shops in each province, with revenue of two billion yuan to three billion yuan a year per province. 'We are in the process ...




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