Search results for “strategic investment”
Chinese investments in global hotel industry to exceed US$5 billion
02/11/2015|1:34:50 PM|
Chinese investments are set to grow rapidly thanks to long-term investment strategies and therelaxation of cross-border capital flow control.
Haichang invests US$119 million for Shanghai ocean park land
01/23/2015|5:50:28 PM|
China’s ocean park developer Haichang Holdings won a RMB728 million bid for the land rights for the construction of Haichang Polar Ocean World.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015|8:14:35 AM|
Sabre said in a financial filing this week that it was considering an acquisition to the tune of half-a-billion dollars during the next two months.
Guangxi gets its first local airline: GX Airlines
02/10/2015|6:03:58 PM|
A new carrier GX Airlines has been established in a joint ventureTianjin Airlines and GX Airlines Group.
Chengdu emerges as new frontier for China’s airlines
02/16/2015|3:27:42 PM|
Dubbed the “fourth largest aviation hub”， Chengdu boasts the fifth largest airport in China with 37.5 million passengers throughput in 2014.
Ctrip has US$1.6 billion in holiday product transactions
02/05/2015|4:49:46 PM|
Ctrip’s online transactions for holiday products in China leapt more than 50% to exceed RMB10 billion (approx: US$1.6 billion) last year.
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
Ctrip CEO: Travelfusion is first step towards globalization
01/09/2015|4:02:22 PM|
Ctrip's CEO James Liang talks to ChinaTravelNews reporter about the investment in Travelfusion and Ctrip's first step towards globalization.
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