Search results for “privatization”
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million
11/13/2015|10:45:19 AM|
Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.
LN Holdings’ net profit rises 30.82% in third quarter
11/04/2016|2:58:27 PM|
LN Holdings’ operating revenue increased 3.98% to RMB 82.69 million in the third quarter of 2016. Net profit was RMB 7.85 million, up by 30.82% YoY.
Caissa Tourist net income grows 35.98% in Q3 2016
11/03/2016|11:09:00 AM|
Caissa Tourist’s operating revenue rose 23.45% to RMB 2.428 billion in the third quarter of 2016. Net income climbed 35.98% to RMB 179 million.
Major airlines’ three-quarter profit exceeds full year result in 2015
11/03/2016|10:39:30 AM|
The Big Three state-owned Chinese carriers together have made larger net profit in the first nine months of 2016 than the full year of 2015.
UTour net income rises 20.73% in Q3 2016
11/02/2016|9:22:38 AM|
UTour reported RMB 3.886 billion operating revenue in the third quarter of 2016, 16.58% more than last year. Net income rose 20.73% to RMB 135 million in the quarter.
UCAR plans to raise RMB 10 billion for car dealing
10/19/2016|5:04:09 PM|
UCAR announced on October 17 that it plans to raise RMB 10 billion for the development of its car dealing business.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
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