| Beverage stake(10/7 09:20) |
Zhejiang International Trust and Investment Co. has recently transferred its 75 percent stake in the Jianlibao Group - producer of popular Jianlibao soft drinks - to an unidentified company in central China, Information Times newspaper reported.
|
|
|
| Existing housing(10/7 09:20) |
The index that measures the cost of previously owned apartments in Shanghai stood at 1042 points in June, up 0.77 percent from May, according to a monthly municipal report. Prices continued rising as urban construction led to residents' relocation, fueling the demand for existing housing, the report said.
|
|
|
| Tsingtao's share(10/7 09:19) |
China's Tsingtao beer has captured nearly 5 percent of the Taiwanese market just three months after the island province dropped a five-decade ban on importing beer from the mainland, The Associated Press reported, citing the vice president of Taiwan Tsingtao Brewery Corp. More than 14 million cans of Tsingtao have been sold in Taiwan since April, mostly at convenience stores, restaurants and the seafood stalls of night markets, Peter Tsai said.
|
|
|
| Retailers thrive(10/7 09:19) |
Shanghai's retail sales totaled 99.59 billion yuan (US$12 billion) in the first half of the year, an increase of 9.8 percent over a year ago, the Shanghai Commerce Commission said Monday. The total was 1.59 billion yuan, or 1.8 percentage points, higher than the commission expected.
|
|
|
| Execs disciplined(10/7 09:19) |
The Shanghai Stock Exchange said yesterday it had discovered illegalities in checking up on more than 600 top executives of 54 listed companies.
|
|
|
| Interest-rate cut possible(10/7 09:18) |
China may cut key interest rates for a second time this year to stem a slide in prices and reduce companies' debt burdens, Bloomberg News reported, citing Xu Hongyuan, deputy director of economic forecasting at the State Information Center.
|
|
|
