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Bank of Shanghai is ready to acquire a stake in Hua’an Fund Company, Hua’an chief compliance officer Zhang Guofu told China Business News Tuesday. A board member of Bank of Shanghai said an official announcement will be made in the bank’s ...

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Baring Private Equity Asia raised US$1.52 billion for a fund aimed at investing in companies mostly in China and India with a secondary focus on Japan and Southeast Asia, exceeding its original target of US$1 billion, the Wall Street Jour...

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Shares of BHP Billiton soared 5.8% in Australia Wednesday amid market speculation that China was looking at to buy a stake in the Anglo-Australian mining giant, the Wall Street Journal reported. Rio Tinto also saw a gain in its share price i...

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Beijing’s does not intend to replace Shanghai as China’s financial capital or compete with it for international recognition, Beijing Finance Office director Huo Xuewen told the National Business Daily. His remarks came after the Beijing government announced Fri...

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BenQ, a Taiwanese IT giant, launched a hospital Monday in Nanjing, the capital of Jiangsu province, and plans to open another one in Suzhou, in the same province, by the end of next year, China Business News reported. BenQ chairman Lee Kuen-yao said the hos...

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