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Huaneng Power International Inc (NYSE: HNP, SHA: 600011, HKG: 0902), China's largest power producer, said its ¥469 million wind farm with a capacity of 49.5MW in Changtutaiping, Liaoning province has won regulatory approval.
The9 Ltd (NASDAQ: NCTY), a Shanghai-based online game developer and operator, and Japanese mobile game developer Eitarosoft said they have reached an agreement to jointly develop a smartphone version of EitaroSoft's mobile 3D MMORPG Galaxy Frontier in China.
Source: http://www.marbridgeconsulting.com/marbridgedaily/2011-02-22/article/43642/the9_eitarosoft_to_release_mobile_mmo_in_china
Giant Interactive Group Inc (NYSE: GA), a Shanghai-based online game developer and operator, posted ¥1.33 billion in profits and ¥811.2 million in net profits for 2010, up 2.2% and down 5.6% respectively from a year earlier.
Source: http://tech.qq.com/a/20110223/000071.htm
China Southern Airlines Ltd (NYSE: ZNH, SHA: 600029, HKG: 1055), the nation's biggest carrier, has developed a partnership with ZJS Express for cooperation in cargo transport across 16 major Chinese cities.
Source: http://www.yicai.com/news/2011/02/689017.html
Panguso.com, a search engine jointly developed by China Mobile Ltd (NYSE: CHL, HKG: 0941) and China's official Xinhua News Agency, has gone online.
Source: http://www.yicai.com/news/2011/02/688470.html
China National Petroleum Corp, the parent of PetroChina Co (NYSE: PTR, SHA: 601857, HKG: 0857), said it has signed a deal with Kazakhstan's KazMunaiGas to establish a 50:50 company to develop a gas field in the central Asian country.
Source: http://www.yicai.com/news/2011/02/688907.html
China Distance Education Holdings Ltd (NYSE: DL) posted $7.8 million in net revenues and $1 million in net losses for Q4 2010, up 40% and compared to $1.3 million in net losses a year earlier.
Source: http://finance.yahoo.com/news/China-Distance-Education-prnews-583751575.html?x=0&.v=1
$1 = ¥6.57
@2011 China Economy @ The China Perspective.
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