Jun 3, 2013 | Asia, China, East Asia, News
Stcn.com 2 June 2013 Lianovation announced that plans to buy Shanghai Simdisplay for RMB16.72 million (around $2.7 million). The registered capital of Simdisplay would be RMB27.55 million (around $4.5 million) after the deal and it will take 51% shares. The investment...
Jun 3, 2013 | Asia, China, East Asia, News
Stcn.com 29 May 2013 China’s first Bitcoin fund is in the process of raising fund. However, legal experts warned that Bitcoin fund is highly risky either in its form of organization or in its investment target. A Bitcoin fund has held road shows in Shenzhen, Guangzhou...
Jun 3, 2013 | Asia, China, East Asia, News
The Wall Street Journal 28 May 2013 SHANGHAI–Private-equity firm Carlyle Group will buy stakes in two Chinese shopping malls owned by SZITIC Commercial Property Co. Ltd., in the latest sign that foreign investors are still keen on investing in China’s...
Jun 2, 2013 | Asia, China, East Asia, News
Global Times 29 May 2013 China may end its moratorium on new initial public offerings (IPOs) as early as mid-August, the 21st Century Business Herald reported Wednesday, citing insiders with knowledge of the matter. These sources also said that regulators may impose...
Jun 2, 2013 | Asia, China, East Asia, News
Bloomberg 30 May 2013 LDK Solar Co. (LDK), the second-most indebted solar manufacturer, won’t be able to pull off a deal needed to cover a loan due to Chinese lenders next week. The company “is not currently intending” to spin off its polysilicon unit by June 3, as...
Jun 2, 2013 | Asia, China, East Asia, News, North America
Reuters 31 May 2013 May 31 (Reuters) – A Chinese group’s purchase of ILFC, one of the world’s largest airplane leasing companies, could collapse after insurer American International Group Inc said on Friday it did not receive a scheduled deposit...
