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China's Gome Gains More Net Profit, Cancels Real Estate Subsidiary Plans
December 1, 2011Chinese electronics and home appliances retailer Gome has published its unaudited performance results for first three quarters of 2011, stating that from January to September 2011, its total revenue increased by 18.01% year-over-year to CNY43.983 billion, while its net profit increased by 24.38% year-over-year to CNY1.791 billion.
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A Boss With Benefits: Alibaba Responds To China's Rising Inflation
August 22, 2011Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.
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Chinese Real Estate Information Website Gains USD50 Million Investment
March 9, 2011Chinese Internet real estate information service provider Anjuke.com has completed its first round of financing in which strategic investors led by Baidu.com invested combined capital of USD50 million into the website.
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Chinese Website Company Buys Showcase Property In New York City
December 27, 2010Chinese online real estate company SouFun Holdings Limited announced it is buying a building in New York City, ostensibly for training its staff.
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Hong Kong Companies Paying Higher Prices For Office Space
November 29, 2010According to a CB Richard Ellis Group Inc. survey, Hong Kong's Central Business District continued to rank globally in second place as the most expensive and also recorded the fastest year-over-year occupancy cost rise with a 34.2% increase.
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Chinese Internet Real Estate Company Posts Quarterly Numbers
November 11, 2010China Real Estate Information Corporation, an online real estate information service in China, announced its unaudited financial results for the third quarter and nine months ended September 30, 2010.
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Kingdee Acquires Shenzhen's Firstsoft For CNY10 Million
June 14, 2010Chinese enterprise management software and e-business application solution provider Kingdee International Software Group has announced that the company has acquired the Shenzhen-based professional collaborative software provider Firstsoft for CNY10 million.
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China's Ganji.com Gains USD20 Million Investment From Nokia, BlueRun
June 2, 2010Chinese lifestyle information and classifieds listings website Ganji.com has announced that it has gained joint investments of USD20 million from Nokia Growth Partners and BlueRun Ventures.
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Chinese Internet Advertising Grows For Sina.com
November 17, 2009Chinese online media and mobile services company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2009.
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Hon Hai To Build New Plant In Chengdu
October 21, 2009Taiwan-based Hon Hai Precision Industry has announced plans to invest at least USD1 billion to build a new plant in Chengdu, capital of Sichuan province.
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China Netcom Sheds Hotel Assets
April 7, 2009China Netcom, one of the major telecommunications service providers in China, has announced plans to sell five of its affiliated star-rated hotels in the coming months.
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Focus Media Will Sell Subsidiary To Competitor
December 9, 2008Chinese digital media and advertising company Focus Media (FMCN) will sell its subsidiary Sports Media to its competitor Goodmedia.
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China Netcom Sells CNY20 Billion Industrial Assets
July 23, 2008An insider at China Netcom has revealed that the company has completed the sales of most of its industrial assets, with the exception of several enterprises with poor operation.
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Sina.com To Build New Internet Real Estate Portal In China
February 26, 2008Chinese Internet portal Sina.com (SINA) has signed a deal with real estate firm E-House (EJ) to form a new venture to build the largest online real estate portal in China.
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Telstra: Soufun.com Listed This Year
February 25, 2008Sol Trujillo, CEO of Telecom Australia, said that Soufun.com, an online real estate information provider in China in which TA holds a 51% of the stake, will do an initial public offering in middle of this year.
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