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CNTA lifts regional restrictions on tour operator’s service networks
09/29/2015
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10:39:51 AM
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CNTA is giving tour companies a free rein to set up as many service points as they like in any number of cities within the province and cities where they are based.
Priceline boosts equity in Ctrip to above 13%
09/17/2015
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8:59:16 AM
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Priceline has pumped more than US$100 million to buy Ctrip shares in the open market recently, boosting its holding in Ctrip to 13.44% as of September 14.
Spring Airlines reports 15.04% revenue growth in the first half of 2015
08/25/2015
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8:44:00 AM
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Spring Airlines reported 128.1% y-o-y increase in net profits to RMB620 million in its fiscal report for the first half of the year. The earnings per share was RMB1.62.
China boosts high speed rail infrastructure investment to shore up growth
08/18/2015
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6:09:01 PM
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China is racing against time to build high speed rails as annual investment targets are still far from completion, shedding light on its need to shore up growth.
Howzat looks at Turkey with Otelz.com investment
08/06/2015
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3:48:12 PM
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Otelz.com, an online travel agency based in Turkey, has secured $1.4 million in Series A funding from a group of investors including Howzat Partners.
IHG agrees $938m sale of InterContinental HK
07/13/2015
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6:19:49 PM
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InterContinental Hotels Group has agreed to sell the InterContinental Hong Kong for $938m, the latest in a line of disposals of its five-star flagship properties.
Alipay plans family-based account services to gain users
07/02/2015
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5:30:52 PM
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Alipay, China's largest third-party payment platform, plans to launch family-based account services, similar to the additional cards issued by banks.
GuestToGuest nabs cash from peer-to-peer insurance specialist
05/07/2015
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8:54:52 PM
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France-based home exchange business GuestToGuest has raised €4 million ($4.5 million) and wants to have a million members within three years.
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