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Articles Written by: NICHOLAS NING
GERMANY'S Henkel KGaA expects sales in China to maintain double digital growth in the coming years while demand for its adhesive and detergent products are robust, company officials said yesterday in Shanghai.
The sales growth rate could be much ...
From NICHOLAS NING,
Shanghai Daily,
28 Feb 2008
Chinese online game operator Shanda Interactive Entertainment Ltd posted a 22-percent increase in fourth-quarter earnings as it attracted more players, new titles and fresh content.
Net income was 292.6 million yuan (US$40.1 million), or 3.98 yuan ...
From NICHOLAS NING,
Shanghai Daily,
26 Feb 2008
Chinese portal Sina.com will form a new venture with online real estate agency E-House (China) Holdings Ltd to build the country's largest online real estate portal, the companies said yesterday.
Sina will spin off its real estate and home ...
From NICHOLAS NING,
Shanghai Daily,
26 Feb 2008
AN across-board sell-off caused by liquidity concerns drove shares in Shanghai yesterday to their lowest level in three weeks.
Banks, air carriers and coal stocks were all broadly lower.
The Shanghai Composite Index, tracking both yuan-denominated ...
From NICHOLAS NING,
Shanghai Daily,
22 Feb 2008
Chinese portal Sina.com posted a 49-percent increase in fourth-quarter earnings thanks to an increased number of advertisers and their bigger average spend on the Website in the lead-up to the Beijing Olympics.
Net income was US$17.5 million, or 29 ...
From NICHOLAS NING,
Shanghai Daily,
21 Feb 2008
Shares in Shanghai were again weighted down yesterday by falling banking stocks despite the fact that most shares gained.
Analysts said the liquidity concerns sparked by the huge additional share sale of Shanghai Pudong Development Bank were still ...
From NICHOLAS NING,
Shanghai Daily,
21 Feb 2008
THE city plans to build a new water source for Chongming Island to improve tap water quality there, according to the Shanghai Water Authority.
The water source will benefit more than 600,000 people living on the island, who now depend on the ...
From NICHOLAS NING,
Shanghai Daily,
21 Feb 2008
Chinese e-commerce firm Alibaba.com Ltd will spend more than 100 million yuan (US$14 million) on recruitment and personnel training this year to expand its market share after raising about US$1.5 billion in a stock sale in Hong Kong late last year. ...
From NICHOLAS NING,
Shanghai Daily,
20 Feb 2008
Sluggish performances by banking and insurance stocks dragged Shanghai shares down yesterday to give up most of the gains during the previous two sessions' rally. Shanghai Pudong Development Bank Co led the fall.
It was triggered by a speculation ...
From NICHOLAS NING,
Shanghai Daily,
20 Feb 2008
The in-game advertising market in China is expected to double this year from last year's level as advertisers are exploring marketing opportunities on the increasingly popular gaming platforms.
Revenues from the in-game advertising, or IGA, will ...
From NICHOLAS NING,
Shanghai Daily,
19 Feb 2008