Posts Tagged ‘financial’

Countdown Looms For BTCC’s Bitcoin Trading End

As BTCC enters its final week of Bitcoin trading operations, all eyes are on how the impact of the shutdown …

CFCA Publishes China Internet Banking Report

China Financial Certification Authority has published a survey report on China’s Internet banks in 2008.

7-Eleven To Offer Credit Card Payment Service In Guangdong

The chain convenience store group 7-Eleven has jointly announced with China UnionPay to launch a convenient financial service plan, providing China UnionPay’s standard card users in Guangdong with a series of convenient payment services. To Develop Finance Area With

Chinese Internet search engine (BIDU) has signed a strategic cooperative agreement with to develop Baidu’s finance area and offer a better comprehensive financial information service to its users.

Newhuadu Acquires Inxite In China

Newhuadu Group has announced intentions to acquire Inxite and Tang Jun, president and CEO of Newhuadu Group, will be the president of Inxite.

Longtop Posts Decent Revenue Increase In China

Longtop Financial Technologies (LFT) just announced its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2008.

Suning Approved To Issue Stock, Will Open 250 New Stores

Chinese electronics retailer Suning says it has been approved by Chinese Securities Regulatory Commission to issue a non-public offering of no more than 73 million shares and the funds raised will be used to develop 250 chain stores and the construction of Shenyang Logistics Center, Wuhan Zhongnan Flagship Store and Shanghai Putong Flagship Store.

eBay Eachnet Suffered CNY104 Million Loss In 2007

Tom Group’s 2007 financial report shows that the company’s business revenue in 2007 was CNY2.683 billion and losses reached CNY297 million, which the company says is mainly caused by eBay Eachnet which suffered a loss of about CNY104 million.

Data Integration Solutions To Assist China’s Largest Asset Management Firm

Chinese financial software firm Longtop (LFT) has signed an agreement to provide data integration solutions to Chinese asset management company China AMC.