Search results for “Shenhou”
Why tourists to China will see less shine and more soul
The government has doubled down on this kind of “targeted” stimulus, emphasizing the role of consumption and the promotion of a long-standing shift toward services and higher-value manufacturing — and away from expensive mega-projects.
Hyatt Hotels lays out plan to double its Asia-Pacific presence
Hyatt plans to double presence in China over the next four years, with a pipeline of 27,000 rooms, which represents nearly a third of our global development pipeline.
UCAR looks to take on Didi with inclusive car services
Beijing-based UCAR Inc is setting up a comprehensive car service platform as part of a strategic upgrade, hoping to better compete with other market leaders such as Didi Chuxing.
UCAR to acquire 14.54% of CAR Inc. for RMB 1.917 billion
China’s chauffeured car service provider UCAR announced its plan to buy 318 million shares of CAR Inc., a provider of car rental services, for HK$ 2.262 billion (RMB 1.917 billion).
Didi Chuxing raises USD 7 billion
The world’s biggest ride-hailing companies, US-based Uber and China-based Didi Chuxing, are smashing records for private-company financing.
UCAR completes restructuring and may go public this year
UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.
BTG Hotel’s net profits drop 6.2% this year
In the first 3 quarters of this year BTG Hotels Group, a subsidiary of Beijing Capital Tourism Group, had 2.041 billion RMB in reported operational revenue.
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