China
Abundance Int'l enters JV to commercialize eco-friendly chemical production
Abundance Int'l enters JV to commercialize eco-friendly chemical production
They will build a hundred-ton facility for the production of FDME.
OCBC’s Q3 2024 net profit rises 9% to $1.50b
Operating expenses rose 9% to $1.11b.
SP Group deploys 240 MWp agrivoltaic project in China
This will be fully operational by the end of 2024.
Sri Trang Gloves establishes new unit in China
This will be for gloves packing and distribution.
Aoxin Q & M anticipates rebound in H1 2024
The company reported a net loss of $210m in H1 2023.
SP Group wins bid to develop a district cooling and heating system in Chengdu, China
Total investment estimated to exceed RMB 200m ($37.27m)
China stocks outperform ASEAN in the first half
Returns in FTSE All-Share ASEAN Index the Straits Times Index lagged at 2.6% and 5.6%, respectively.
Hong Leong Asia’s China Yuchai greenlights US$40m share buyback plan
The plan will be funded through operating cash flow and existing cash balance.
EC World REIT takes legal action against sponsor amidst mortgage dispute
Its sponsor failed to discharge the alleged "illegal" mortgages imposed in its Fuyang properties.
CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal
The property is located in the Central Business District (CBD) in Chaoyang District.
Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head
Rickie Chan was also Credit Suisse’s head of global wealth management for Greater China.
OCBC names new Greater China head, OCBC Wing Hang China CEO
Wang Ke and Ang Eng Siong are stepping up to their new roles on 1 November.
Asia Pulp & Paper is best in Pulp & Paper making at Asian Export Awards 2020
The industry leader has launched Signature, a brand of high-quality paper sourced from sustainable material.
Mednefits raises $8m in Series A funding round
The medical benefits platform has connected over 50,000 employees to 2,000 healthcare providers.
Alibaba generates $101.46b GMV in the 11.11 Global Shopping Festival 2020
Its digital infrastructure handled 583,000 orders per second during peak activity.
CapitaLand seeks to grow China ‘new economy' asset exposure to $5b
It has designated CRCT as its REIT platform for non-lodging assets in China.
What to expect in Alibaba's 11.11 Global Shopping Festival 2020?
Evolution from a ‘single’ to a ‘double’ festival to provide more opportunities for merchants.
Commentary
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Is the digital wealth opportunity a zero-sum game for WealthTechs and banks?
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