China News Direct

 
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Jinjiang Hotels interim profit up 84%, targeting star-rated hotels
(Aug 27, 2007) Jinjiang Hotels made an increase of 84.7% in interim net profit to RMB295 million in 2007. It expects to open over 600 star-rated hotels in China, supporting substantial growth in business. Jinjiang Hotels earned RMB1.66 billion and RMB42.4 million by selling its shares of Shanghai Pudong Development Bank and other ...
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Baidu improves voice-search by categorizing and adjusting rates
(Aug 27, 2007) Baidu starts testing its voice-search service by launching a hot line in Beijing. It is convenient for users to search the targeted content through fixed telephones and mobile phones in an Internet-unavailable situation. Businesses of communications and Internet search engine can mutually enrich formats of services and operation. Baidu should ...
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The first Venetian catamaran delivered for sail in September
(Aug 27, 2007) Austal Ships in Australia announced the launching of the first Aluminum catamaran, which is tailor-made for the Marketing Services Company of Venetian Macau Limited. The nine remaining catamaran will be delivered in 2007 and 2008. The catamaran was launched in Austal's Henderson shipyard and is estimated to depart for Macau ...
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Belle sees major profit from sportswear
(Aug 27, 2007) Mainland China's largest shoe distributor, Belle International Holdings Ltd., will continue its expansion in the sportswear market, which has contributed much to its performance in the first half of 2007. Belle International's new sportswear business brought a turnover of RMB2.3 billion in the period. The company considers sportswear as a ...
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China sees increasing health concern from Internet usage
(Aug 25, 2007) A website in Mainland China announced the result of a survey on health situation of Chinese Internet users. The content of the survey included the users' knowledge on health and illnesses, psychological conditions, health awareness and living habits. About 150,000 Internet users were interviewed. The number of Chinese Internet users ...
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Henan Shaolin Temple draws tourists with its kung-fu tradition
(Aug 24, 2007) China leverages on its martial arts (kung fu) tradition for tourism business opportunities. Market rumor has it that the Henan Songshan Shaolin Tourism Group may list on the stock exchange later this year or early 2008. The group has six subsidiaries, engaging in sightseeing, travel coach and hostel business at ...
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Excel King Investment to build boutique hotel in Sheung Wan
(Aug 24, 2007) Excel King Investment Limited aims expansion in the local boutique hotel and serviced apartment market with it "Butterfly" brand. The company's latest plan is to build a boutique hotel in Sheung Wan, Hong Kong Island. It has recently acquired Hang Wo Building and two adjacent buildings on Bonham Strand West ...
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Hong Kong advertising expenditure at a glance
(Aug 24, 2007) Nielsen Media Research found that Hong Kong's advertising expenditure rose by 8.8% from June 2007 to gross HK$4.4 billion, representing the largest growth margin in the year. Expenditure on property advertisements grew by 34% and ranks seventh in the top ten spending industries. Pharmaceutical and health products, traveling, and skincare ...
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HKR may seek funds and partners in China property development
(Aug 24, 2007) HKR International Ltd. is planning to acquire several commercial, residential and consolidated property development projects in the Yangtze River Delta. It may raise funds depending on the project size. HKR International will pay attention to land auctions and transaction prices in the Shanghai and surrounding regions since it has business ...
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Shangri-La to build star-rated hotels in Shanxi Taiyuan
(Aug 24, 2007) Shangri-La Asia is planning to build a star-rate hotel in Taiyuan, Shanxi province. Kerry Group, Shangri-La Asia, Kerry Group chairman Robert Kuok and a delegate of senior executives from the company have recently arrived at Taiyuan to check out the investment opportunities there. Kerry and its hotel arm, Shangri-La Asia, ...
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