SHANGHAI (Reuters) – China's securities mutual funds made a combined loss of 123.5 billion yuan ($19.5 billion) in the fourth quarter of last year mainly due to a weak stock market, the official China Securities Journal said on Monday. The loss made by 872 funds managed by 64 fund companies, however, was 50.8 percent...
Hong Kong and Shanghai shares extended their weekly gains, as better-than-expected global economic data this week spurred investors to take advantage of the low valuations and buy into financials and growth-sensitive sectors. (read more…) Related items F1 driver Adrian Sutil convicted Former Force India F1 driver Sutil handed 18-month suspended sentence for nightclub fight...
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Force India deputy team principal Bob Fernley has insisted the decision to axe Adrian Sutil had nothing to do with his Shanghai nightclub incident. Fernley defended Sutil on Friday as Force India unveiled their new car for the forthcoming Formula One campaign at Silverstone. (read more…) Related items F1 driver Adrian Sutil convicted F1...
Berkeley Coffee & Tea, Inc. announced today that pursuant to a Purchase and Sale Agreement dated January 31, 2012, Berkeley Coffee & Tea, Inc. will acquire 100% of the issued and outstanding capital stock of DTS8 Holdings Co., Ltd. (read more…) Related items Hong Kong, China Shares Post Weekly Gains; HSI at 6-mth High...
Shanghai (China Daily/ANN) – Multinational corporations (MNCs) have shown growing enthusiasm in recruiting China-educated business professionals to compensate for the reduction of workforces in developed markets. (read more…) Related items China's mutual funds lose $19.5 billion in Q4 2011: report I feel the need…for F1 feud LimoLink™ Inc. Beats Shanghai Challenges, Extends World-Class Chauffeured...
