Posts Tagged ‘ percent ’

GE to Buy 15% Stake in XD Electric for $536 Million

By

The shares jumped 9.9 percent to 4.33 yuan at the 11:30 a.m. trading break in Shanghai, the highest intraday price since Dec. 9. The Xi’an, China-based company will issue 768.9 million shares at 4.4 yuan each and will jointly invest in a venture with GE, according to a Shanghai Stock Exchange filing yesterday. (more...

Read more »

China to construct more energy-efficient buildings: Xinhua

By

SHANGHAI (Reuters) – China wants energy-efficient buildings to account for 30 percent of all new construction projects by 2020 to bring its building energy consumption ratio closer to that of developed countries, the official Xinhua News Agency reported on Sunday. In order to achieve that goal, the government will step up incentives for green...

Read more »

Eastday-Shanghai sees fewer marriages

By

SHANGHAI witnessed an 11.67 percent decrease in marriage number in the first four months of the year from the same period last year, the first drop since 2002, and the figure is expected to decline year on year until 2020. (more here…) Related items Richmond firms eye Eastern deals on back of China trip...

Read more »

Shanghai copper at three-month low, China data dampens

By

Shanghai copper fell more than 2 percent to a three-month low on Monday, weighed down by recent China data and previous losses in London, where it had tumbled 2.8 percent on Friday to breach psychological … (read the story…) Related items HK, Shanghai shares fall on banks, property Shanghai fashion market untapped China Wants...

Read more »

Shanghai copper drops as China returns, tracks LME

By

Shanghai copper futures fell more than 1 percent on Thursday as China resumed trading after a three-day break chasing steep losses in London in the previous session sparked by fears of no U.S. economic … (read the story…) Related items Copper falls on Chinese selling; Shanghai firm Shanghai copper at three-month low, China data...

Read more »

Shanghai copper drops on China demand worries

By

SINGAPORE (Reuters) – Shanghai copper fell 0.7 percent on Monday, as indications of a weakening property market in China added to worries about demand from the top consumer of the metal. Chinese home prices fell in February from January for a fifth consecutive month and are expected to continue heading south in coming months....

Read more »