May 23, 2013 | Asia, China, East Asia, News, North America
The Wall Street Journal 16 May 2013 Caterpillar Inc. CAT +1.12% said Thursday that it has reduced the cost of its purchase of a Chinese mining equipment firm that prompted the U.S. machinery giant to take a big write-down following alleged accounting...
May 22, 2013 | Asia, China, East Asia, News
Pedaily.cn 17 May 2013 According to PE Data of Zero2IPO Research Center, China’s M&A market totally had 65 M&A deals in April 2013 involving a total value of US$2.53B, among which 63 were disclosed with amount. Averagely, each M&A deal involved about...
May 22, 2013 | Asia, China, East Asia, News
Bloomberg 16 May 2013 Sinopec Engineering Group Co. (2386), a unit of China’s biggest refiner, raised $1.8 billion in Hong Kong’s largest initial public offering this year. The Beijing-based unit of China Petrochemical Corp. sold 1.33 billion shares at HK$10.50 each,...
May 21, 2013 | Asia, China, East Asia, News
Pedaily.cn 15 May 2013 TMI Holding Company (Taiwan Innovation Works) is a VC company jointly established by Dr. Kai-Fu Lee, WI Harper Group and ITRI in Taiwan. Today Kai-Fu Lee publicly announced in Chinese mainland that they have invested in Taiwan’ three software...
May 21, 2013 | Asia, China, East Asia, News
TECHINASIA 20 May 2013 Antivirus products and services have been a renewed battleground in China in the past couple of years, enveloping several of the country’s top web businesses. According to rumors in the industry heard by TechinAsia, that battle is now taking the...
May 21, 2013 | Asia, China, East Asia, News
China Daily 17 May 2013 A total of 171 companies have seen their IPO hopes dashed by China’s securities watchdog, triggering doubts about the credibility of IPO agencies, including accounting firms, Securities Daily reported on Friday. Four Chinese accounting...