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Beijing on Monday criticized a U.S. government report that said Chinese spies are aggressively stealing American secrets, saying the report was "full of prejudice" and warning that it could damage US-China relations.
Nov. 23 (Bloomberg) -- Hong Kong stocks advanced for the first time in five days after the head of China’s top economic planning agency pledged to maintain “consistent, stable” policies to boost growth.
A mainland Chinese brokerage agreed to buy a Hong Kong securities firm.
An American billionaire investor, Wilbur L. Ross, plans to buy shares of China Longyuan Power Group, the largest wind power generator in Asia, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus.
Nov. 23 (Bloomberg) -- China Longyuan Power Group Corp., the nation’s biggest wind power producer, may raise as much as HK$17.5 billion ($2.3 billion) in a Hong Kong initial public offering, said three people familiar with its plan.
China's Haitong Securities to buy Hong Kong brokerage Taifook Securities
Haitong Securities , one of the largest Chinese stock brokerage houses, announced Monday that it would take a controlling stake in Taifook Securities of Hong Kong for 1.82 billion Hong Kong dollars, or $235 million — the first time a mainland broker has acquired a Hong Kong peer, and yet another step in linking Chinese trading with the world.
HONG KONG -(Dow Jones)- China Longyuan Power Group Corp. (0916.HK) is seeking to raise up to US$2.6 billion in a Hong Kong initial public offering, a person familiar with the situation Monday.
The coal mine that exploded in northern China, killing 104, had too many workers underground in an effort to increase output, a government official said Monday, exposing the risks often taken to meet the country's insatiable energy demands.
The Taiwan government said on Monday it was not claiming the territorial waters around two small islands that have long been part of its frontline defense against political rival China.
A veteran dissident was sentenced Monday to three years in prison after casting a spotlight on poorly built schools that collapsed during China's massive earthquake last year, killing thousands of children — an apparent government attempt to squelch such information.
JPMorgan Chase has hired Zili Shao, the head of the law firm Linklaters' Asia practice and a major deal-maker, to lead its own efforts in China.
Grieving miners' families demanded answers Monday from mining officials about the underground gas explosion that left at least 104 men dead in northeastern China.
Nov. 23 (Bloomberg) -- China is risking a Japan-style bubble unless the country’s regulators start to rein a record lending boom, BNP Paribas said. “We’re entering a phase where China could experience similar asset bubble that we saw in Japan in the 1980s,” said Erwin Sanft , head of China and Hong Kong equities research at BNP Paribas.
Health ministers from Japan, China and South Korea agreed Monday to step up efforts to ensure food safety following concerns over pesticide-tainted Chinese-made dumplings.
At least 92 people are reported dead in the latest coal mine disaster in China, despite government efforts to improve safety in the industry.
JP Morgan Chase & Co. said Monday it has named a veteran Hong Kong commercial lawyer to be its new chief executive for China.
(AP:GUANGZHOU, China) Hundreds of residents worried about property values and health risks protested Monday against the planned construction of a trash incinerator in the southern boomtown of Guangzhou.
Nov. 23 (Bloomberg) -- China’s stocks rose, driving the benchmark index to a three-month high, as consumer companies gained on speculation the government will extend measures to boost domestic demand and drive the nation’s recovery.
China on Monday accused a U.S. congressional advisory panel of bias for a report in which it said the Chinese government appeared increasingly to be piercing U.S. computer networks to gather useful data for its military.
Spanish bank BBVA may boost its current stake in China Citic Bank with a 1.6 billion dollar investment, a report said Monday citing sources close to the matter.
