The Coca-Cola Company (NYSE: KO) is interested in floating on the international board of the Shanghai Stock Exchange, which is expected to be launched this year, said Coca-Cola's Asia Pacific public relations manager Geoff Walsh.
Tencent Holdings Ltd (HKG: 0700), China's largest Internet company by market value, will invest ¥500 million developing online video business, said Liu Chunyu, head of the company's online video division. Separately, Tencent is in talks with Shanda Games Ltd (NASDAQ: GAME) over launching games on microblogging sites, said Shanda Games CEO Alan Tan in an interview.
Sources:
http://www.yicai.com/news/2011/05/829210.html
http://www.bloomberg.com/news/2011-06-01/shanda-games-says-it-s-in-discussions-with-tencent-to-launch-weibo-games.html
China National Chemical Engineering Co (SHA: 601117) said it had recently signed three contracts worth a combined ¥2.73 billion that represented 8.37% of its revenues in 2010.
Source: http://www.caijing.com.cn/2011-06-01/110734764.html
Henan Shuanghui Investment & Development Co (SHE: 000895), a leading pork processor, said its Jiyuan Shuanghui Food Co will resume production June 2. The company's activities were suspended in mid March after a banned chemical was found in its pork products.
Source: http://www.yicai.com/news/2011/05/829344.html
Yunnan Tin Co (SHE: 000960), China's biggest tin producer, said it will establish a company for a 100,000-ton copper smelting plant in a move to diversify its business.
Source: http://cn.wsj.com/gb/20110601/BCH017387.asp
$1 = ¥6.48