Tag: Investments into China

China Huishan Dairy Prepares for $1.3 Billion IPO

In what would be the Hong Kong’s largest initial public offering (IPO) in four months, China Huishan Dairy Holdings Co. plans to raise $1.3 billion in a late September listing. People with knowledge of the deal say that Huishan has...

/ September 9, 2013

China’s Largest Dairy Company Makes Offer on Baby Formula Provider

On June 18, China Mengniu Dairy, China’s largest dairy producer, said it made an offer of $1.6 billion to buy Yashili International, one of China’s leading makers of infant milk formula and baby food. Yashili was one of 22 baby...

/ June 18, 2013

Honda Expands its China Operations

On May 28, Honda Motor Co. said it will add a production line and build an engine plant at its factory in Guangzhou, Guangdong through its joint venture Guangqi Honda Automobile Co. The new line is expected to become operational...

/ June 18, 2013

Volkswagen to Build New Plant in Hunan Province

Volkswagen will invest nearly $2 billion to build a new plant in Changsha, Hunan with its partner Shanghai Auto Industry Corp. The contract was signed on May 16. The new plant is expected to open in 2015 with an initial...

/ May 16, 2013

China Mengniu Dairy Buys Larger Stake in China Modern Dairy

After a series of accusations that it sold tainted milk, China Mengniu Dairy Co. Ltd., China’s largest milk producer by sales volume, bought a $410 million stake in China Modern Dairy Holdings Ltd., China’s largest unpasteurized milk producer, on May...

/ May 15, 2013

Alibaba Buys Stake in Digital Mapping Company AutoNavi

Alibaba Group, China’s largest e-commerce firm, become the largest shareholder in digital mapping company AutoNavi Holdings Ltd. on May 10 by taking a 28 percent stake. Analysts say Alibaba may be trying to diversify its product lineup ahead of a...

/ May 15, 2013

GM Gets Approval for Cadillac Plant in China

On May 7, General Motors Co. said China’s National Development and Reform Commission had granted it approval to built a Cadillac factory in Shanghai’s Jinqiao zone. GM said it expects construction to begin in June. By building the vehicles in...

/ May 7, 2013

Medtronic to Partner with Chinese Think-Tank to Research Diabetes

To improve the treatment of Type 1 diabetes in China, Medtronic Inc. is partnering with the National Institute of Hospital Administration, a Chinese think-tank. Medtronic will conduct research projects and help establish pilot sites for the proposed system at as...

/ May 2, 2013

General Motors Announces Expansion in China

At the Shanghai Auto Show on April 20, General Motors Co. said it would build four new plants in China by the end of 2015, which would give GM the capacity to produce about five million vehicles per year, according...

/ May 2, 2013

Christie’s Granted License to Operate in China

On April 9, Christie’s obtained a license to practice in China, making it the first international auction house to operate independently in China.

/ April 16, 2013