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Search results for “mixed ownership reform”
Tencent, Geely win joint bid for China Railway WiFi provider
06/07/2018
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12:04:40 PM
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Geely and Tencent joined in the three-way joint venture to create an integrated one-stop platform that will offer mobility service to train users, according to Geely’s announcement.
Tencent to acquire $485 million stake in railway WiFi operator
04/13/2018
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4:01:06 PM
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Tencent’s rival Alibaba Group Holding has also shown interest in the deal, according to local media.
Three major Chinese airlines record 160-billion-yuan revenue in H1
09/04/2017
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2:25:30 PM
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China Eastern, China Southern, and Air China kept stable revenue increases in H1 2017 and recorded an operating revenue of more than RMB 160 billion. However, their net profits show differentiation.
Beijing selects China Eastern for SOE reform pilot project
04/18/2017
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8:05:35 PM
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The Chinese government has selected China Eastern Airlines to be part of a pilot scheme to reform state-owned enterprises to mixed Public/Private ownership models.
China Eastern widens direct sales plan to international tickets
02/09/2017
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3:41:00 PM
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China Eastern Airlines extended the ban on third-party agent ticketing to its international flights on February 6. The Shanghai-based carrier has made 46.8% of the total revenue, or RMB 19.02 billion, from direct sales in the first half of 2016.
Huatian Hotels gets cash windfall from private investors
01/05/2015
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6:30:45 PM
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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.
Sabre is ready to spend $500M, and Abacus is a likely target
01/29/2015
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8:14:35 AM
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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.
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