Search results for “subsidiary”
China plans to relax private investment limit on state-own airlines
07/06/2017|10:25:16 AM|
Chinese aviation authority CAAC issued a consultation paper proposing state carriers Air China, China Eastern and China Southern be allowed to have a relative control other than absolute control in the state ownership structure.
Airbnb sticks to C2C model in China localization
06/18/2017|2:34:14 PM|
Airbnb China’s vice president and public policy head Li An said that the firm will continue to focus on C2C model and emphasize quality rather than quantity in property listings.
Greek resort built by Fosun is hoped to revive tourism for the island paradise
06/07/2017|7:44:43 PM|
Fosun International is joining hands with a consortium from Abu Dhabi to invest US$7.9 billion in developing a resort on a site in a southwest suburb of Athens that measures three times the size of Monaco.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Wanda bares ambition in sports tourism after snapping up prominent marathon organizer
06/06/2017|5:51:03 PM|
Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
Emei Mountain Tourism invests US$3 million to set up smart tourism subsidiary
12/07/2015|5:50:47 PM|
Emei Mountain Tourism will set up a wholly-owned subsidiary Emei Mountain Global Smart Tourism Cultural Co, with registered capital of RMB20 million.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
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