24 September 2009
CDC Software Corporation (CDCS), a global provider of enterprise software applications and services, today announced, at a press conference in Shanghai, that it has executed a term sheet to acquire up to a 51 percent stake, in three tranches prior to March 31, 2012, in Beijing-based Hejia Software Technology Co. Ltd, a major ERP software [...]
21 September 2009
China Natural Gas, Inc. (CHNG), a leading provider of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi’an, China, today announced that it closed the sale of an additional 858,750 shares of common stock at the public offering price of $8.75 per share, pursuant to [...]
14 September 2009
China Gengsheng Minerals, Inc. [[CHGS.OB]], a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has received $337,000 (RMB 2.3 million) from the Henan Provincial Government in subsidy for the development and commercialization of Gengsheng’s [...]
11 September 2009
AgFeed Industries, Inc. [[FEED]], one of the largest independent hog production and animal nutrient companies in China, announced today that it has entered into a two year Equity Credit Agreement with an institutional investor pursuant to which it may, from time to time, sell shares of its common stock to the investor for aggregate gross [...]
09 September 2009
Synutra International, Inc. (NASDAQ: SYUT), a leading producer of nutritional products for infants, children and adults, today announced that it has signed an agreement to sell three dairy farms and two milk processing factories in China. The buyer is Heilongjiang Wondersun Dairy Co., Ltd., which is paying an estimated $28.9 million for the assets. The sale [...]
31 August 2009
Perfect World Co., Ltd. [[PWRD]], a leading online game developer and operator based in China, today announces that it will launch the closed beta testing for its first 2D turn-based MMORPG “Fantasy Zhu Xian” on September 10, 2009. “Fantasy Zhu Xian” is Perfect World’s first 2D turn-based MMORPG, which is based on a popular internet fantasy [...]
28 August 2009
China Unicom (Hong Kong) Limited [[CHU]] announced its 2009 interim results today. In the first half of 2009, the Chinese macroeconomy continued to encounter various challenges brought by the international financial crisis. With the restructuring of telecommunications industry and the issuance of the 3G license, industry competition environment has become increasingly complicated. In the first half [...]
25 August 2009
China Nepstar Chain Drugstore (NPD) was Monday’s top Chinese stock mover after shares jumped nearly 10% after announcing a special cash dividend. China Nepstar Chain Drugstore [[NPD]] added nearly 10% per share, or some $66 million in market capitalization, Monday. The Shenzhen, China-based retail drugstore chain announced disappointing second quarter results. EPS were only $0.02 compared [...]
21 August 2009
China Nepstar Chain Drugstore (NPD) and China Petroleum & Chemical (SNP) announce second quarter earnings on Monday, August 24th. China Nepstar Chain Drugstore Ltd. [[NPD]] announces second quarter earnings at 8:30 am EDT on Monday. The Shenzhen-based retail drugstore chain that also offers its own private label products is expected to announce EPS of $0.04 on [...]
21 August 2009
China Carbon Graphite Group, Inc. [[CHGI.OB]], one of China’s largest producers and wholesale suppliers of fine grain and high purity graphite, announced that it received the government’s approval to reduce the registered capital of its subsidiary from $4,000,000 to $100,000, which reduces the Company’s obligation to make a capital contribution to its subsidiary from $4,000,000 [...]
