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Suning Plans To Issue New Non-public Shares For New Projects
June 23, 2009Chinese electronics retailer Suning has published a report which states that it will issue no more than 200 million new non-public shares at the price of at least CNY15 per share to finance CNY2.8 billion for eight new projects.
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IBM Becomes Second Largest Shareholder In Sichuan Changhong
January 19, 2009Chinese electronics maker Sichuan Changhong Electric has published a report stating that IBM (IBM) China has acquired a 1.56% stake in Sichuan Changhong for CNY108 million.
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Suning Suspends Equity Incentive Plan
December 31, 2008Chinese electronics retailer Suning has published a notice that the company will suspend its equity incentive plan made in July 2008.
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Shanda Increases Share Repurchase Plan
December 31, 2008Chinese online game developer Shanda (SNDA) has expanded the aggregate dollar value of outstanding shares and may repurchase under its current share repurchase program from USD200 million to USD300 million.
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Perfect World Buys Back Shares
December 30, 2008Chinese online game developer Perfect World (PWRD) will repurchase 18,750,000 shares of its Class A ordinary shares for approximately USD56.6 million from SB Asia Investment Fund II, L.P., and an affiliate of SAIF.
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China's Baidu.com Aims To Dissolve Its Internet Connection
December 16, 2008Chinese Internet search engine Baidu.com (BIDU) held its annual general meeting on Tuesday and the company approved dropping part of its Internet moniker.
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Alibaba.com Repurchases One Million Shares For HKD4.3 Million
November 24, 2008Chinese B2B e-commerce group Alibaba.com has notified the Hong Kong Stock Exchange that the company has spent HKD4,296,950 buying back one million shares at prices ranging from HKD4.23 to HKD4.35 per share.
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Giant Interactive To Repurchase USD150 Million Shares
August 13, 2008Chinese online game company Giant Interactive (GA) has announced that its board of directors has approved a share repurchase program.
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