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Two More Banks to Ban Bitcoin Deposits

Two More Banks to Ban Bitcoin Deposits

Two more banks have banned customers from using their bank accounts for trading the bitcoin, adding another blow to the virtual trading currency business in China. China Guangfa Bank and the Shanghai Pudong Development Bank Co. made the announcements on their websites stating that institutional and retail customers will no longer be allowed to use [...]

May 9 2014, 10:47 am | Posted in Investment Relations | Read More »

Export and Import Sees Slight Growth for the Month for April

Export and Import Sees Slight Growth for the Month for April

The export and imports have increased slightly thus beating the market forecasts and offering positive signals in the second largest economy in the world after a weak start in 2014. Exports has seen an increase of 0.9 percent in the month of April after following a 6.6 percent fall in March and from an 18 [...]

May 9 2014, 9:40 am | Posted in Import/Export | Read More »

Pipelines to Extend Coverage to Subdistricts in the City

Pipelines to Extend Coverage to Subdistricts in the City

Before the year ends all natural gas pipelines will be extended to all sub-districts in Shenzhen. According to the president of Shenzhen Gas Corp Li Zhen, the city’s municipal infrastructure has more than 4,000 kilometers of natural gas pipelines that covers 96 percent of Nanshan, Yantian, Futian and Luohu districts. The natural gas pipelines covers [...]

May 9 2014, 7:33 am | Posted in Investment Relations | Read More »

India Seeks Investment from Mainland China and Hong Kong for Infrastructure Development

India Seeks Investment from Mainland China and Hong Kong for Infrastructure Development

In an effort to attract increased foreign funding for the country’s 12th five-year plan, India is stepping up efforts to court investors from Hong Kong and mainland China.   India’s 12th five-year plan outlines more than US$1 trillion in infrastructure investments that will aim to increase the country’s economic competitiveness between 2012 and 2017. While [...]

May 8 2014, 11:16 pm | Posted in Investment Relations | Read More »

Alibaba Allows Investors a Closer Look to U.S. Initial Public Offering

Alibaba Allows Investors a Closer Look to U.S. Initial Public Offering

In a first step of what analysts consider as the largest technology debut in the history, Alibaba have allowed investors a closer look in the scale and growth of the e-commerce company in a initial public offering that was filed yesterday. Alibaba Group Holdings Ltd. powers 80 percent of all their online commerce in China [...]

May 8 2014, 8:31 am | Posted in Featured,Investment Relations | Read More »

Home Prices Continues to Cool Down the Property Market

Home Prices Continues to Cool Down the Property Market

Homes prices have increase in a much slower pace for the month of April, indicating that there is still a cooling down of prices in the country’s property market. Prices for new homes in major cities have increase by almost 7 percent compared to the same period last year, which eased from an increase of [...]

May 7 2014, 8:40 am | Posted in Investment Relations | Read More »

Finance Platform to help Graduates Realize Entreprenuerial Dreams

Finance Platform to help Graduates Realize Entreprenuerial Dreams

To give recent graduates an chance in entering a entrepreneurial future, a startup platform was launched that will assists the graduates in realizing their dream. The startup is co-organized by the Communist Youth League of China and Shenzhen Guodunjuyi E-commerce CO. and other institutions of higher learning that are participating. The platform will give these [...]

May 7 2014, 7:48 am | Posted in Investment Relations | Read More »

Cleaner Air Seen for the First Quarter of the Year

Cleaner Air Seen for the First Quarter of the Year

For the first quarter of 2014 the air quality in the city has improved slightly thanks to frequent rain, good air currents and the city’s efforts in curbing emissions. Based on the Air Quality Index a standard gauge of concentrations of air pollutants was adopted by the city last year have reached a rating of [...]

May 6 2014, 8:40 am | Posted in Quality Control | Read More »

Huawei to Push More Investments in the European Market

Huawei to Push More Investments in the European Market

Shenzhen telecommunications equipment maker Huawei Technologies Co. is planning to increase their investment and hiring in Europe as a part of their change of perception of the company. This is also a part of the company’s plan to build trust with foreign customers and governments as Huawei faced allegations that the company is a security [...]

May 5 2014, 8:33 am | Posted in Investment Relations | Read More »

UCWeb to Team Up with Alibaba to Launch Mobile Browser

UCWeb to Team Up with Alibaba to Launch Mobile Browser

Leading Chinese browser maker and application distributor UCWeb Inc. has teamed up with Alibaba Group Holdings in launching a new mobile search engine service called Shenma. The mobile search engine has been under development for the last four years under a tech team from Alibaba search department including a team of experts working for Baidu [...]

May 2 2014, 10:37 am | Posted in Investment Relations | Read More »

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