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Current report filing (8-K)
Date : 03/03/2010 @ 1:06PM
Source : Edgar (US Regulatory)
Stock : (FSIN)
http://ih.advfn.com/p.php?pid=nmona&cb=1267655633&article=41815978&symbol=N^FSIN
eLong Reports Fourth Quarter and Full Year 2009 Unaudited Financial Results Elong (MM) (LONG)
http://ih.advfn.com/p.php?pid=nmona&cb=1267655544&article=41819359&symbol=N^LONG
China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2009 Financial Results (NPD)
Date : 03/03/2010 @ 3:00AM
Source : PR Newswire
Stock : China Nepstar Chain Drugstore Ltd American Depositary Shares (NPD)
http://ih.advfn.com/p.php?pid=nmona&cb=1267655373&article=41801624&symbol=NY^NPD
Current report filing (8-K)
Date : 03/03/2010 @ 10:12AM
Source : Edgar (US Regulatory)
Stock : (CHLO)
Quote : 0.07 0.01 (16.67%) @ 9:23AM
- Current report filing (8-K)
http://ih.advfn.com/p.php?pid=nmona&cb=1267655048&article=41811586&symbol=NB^CHLO
China Mobile Ltd. (CHL), the world's biggest mobile operator by subscribers, said Wednesday it is in talks to buy a stake in medium-sized lender Shanghai Pudong Development Bank Co. (600000.SH) in a potential deal that could lead to its first major investment outside of its core mobile business and help it to expand into mobile e-commerce.
China Mobile, which has said mobile payments will be a key area for development, would be joining many telecommunications operators in developed markets such as Japan and Korea that have agreements with banks to offer such services via cellphones as a way to generate additional revenue. For Shanghai Pudong Development Bank, in which Citigroup Inc. (C) owns a 3.4% stake, the deal would help the firm meet stricter capital requirements.
"We are likely to reach an agreement with Shanghai Pudong Bank very soon," China Mobile Chairman Wang Jianzhou told reporters during a teleconference. "In our push into the mobile e-commerce business, we need to cooperate with banks. Shanghai Pudong Development bank has the scale that is right for us, and their current share price is also reasonable."
Wang said the two companies have agreed on the stake size that China Mobile would buy, but other details are being ironed out.
In an earlier statement to the Hong Kong Stock Exchange, China Mobile said it began preliminary discussions with Shanghai Pudong Development Bank for the subscription of new shares in the bank, and is also exploring a potential strategic cooperation. China Mobile didn't specify what the cooperation might entail.
The official Xinhua News Agency reported last month that turnover from China's mobile payment market will likely rise to CNY2.85 billion this year from CNY1.97 billion last year, and the user base may expand to 150 million by the end of this year, from 82.5 million at the end of 2009.
Wang said while there are no other investment targets for now, the telecom operator isn't ruling out cooperation with other banks.
Shanghai Pudong Bank didn't have immediate comment on the talks and said it would issue a statement later Wednesday. If new shares are issued, Citigroup's 3.4% stake in the Shanghai bank would be diluted. A Citigroup representative couldn't immediately be reached for comment.
News of the talks comes after the Shanghai bank suspended trading of its shares Friday, saying it planned to introduce a strategic investor. It said it would disclose the relevant information by March 4. Shares of the bank closed up 5.5% at CNY20.74 Thursday.
Guotai Junan Securities said in a note last week that Shanghai Pudong Development Bank planned to sell CNY40 billion worth of new shares, representing 20% of its enlarged capital, to China Mobile in a share placement. The research note didn't specify the source.
A CNY40 billion private placement would boost the Chinese bank's core capital adequacy ratio to more than 10% from 6.76% at the end of September, and its overall capital adequacy ratio to near 14% from 10.16%, said Wu Yonggang, the author of the note. "That will ensure steady and rapid business growth for the bank in the next three years," he said.
Currently, China's banking authority requires banks to maintain a capital adequacy ratio of at least 10%, up from 8% before the onset of the global financial crisis, and banks with a national presence, including Shanghai Pudong Development Bank, must keep their core capital adequacy ratios above 7%, up from 4% previously.
Chinese regulators have pressured banks to boost their capital adequacy ratios--the amount of capital they must hold against their loans--amid fears of a return to the bad-loan levels at the start of the last decade, when a similar loose monetary policy that was aimed at combating the effects of the Asian Financial Crisis in the late 1990s left its banks with high levels of bad loans.
-By Aries Poon and Rose Yu, Dow Jones Newswires; 8621-6120-1200; rose.yu@dowjones.com
(Yvonne Lee in Hong Kong contributed to this article.)
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KongZhong Schedules Conference Call for 2009 Fourth Quarter Earnings after the US financial markets close on March 16th, 2010.
KongZhong Corporation (NASDAQ:KONG), a leading mobile Internet company in China, plans to release its 2009 fourth quarter financial results after the US financial markets close on March 16th, 2010. The Company will host a conference call at 8:30pm (EDT) to discuss the results.
(Speakers) Leilei Wang, Chairman & Chief Executive Officer Jay Chang, Chief Financial Officer
Hong Kong Time: March 17, 2010, Wednesday, 8:30 am Eastern Time: March 16, 2010, Tuesday, 8:30 pm Pacific Time: March 16, 2010, Tuesday, 5:30 pm
CONFERENCE CALL ACCESS NUMBERS:
China Toll Free Number: South China toll free / China Telecom - 10 800 130 0399 South China toll free / China Telecom - 10 800 152 1490 North China toll free / China Netcom - 10 800 852 1490 Hong Kong Toll Free Number: +852-800-963-844 US Toll Free Number: +1-866-713-8310 US Toll Number: +1-617-597-5308 PASSCODE: 20768376 Pre Registration: No
REPLAY ACCESS NUMBERS (FOR 2 WEEKS): US Toll Free Number: 1-888-286-8010 US Toll Number: 1-617-801-6888 PASSCODE: 24569020
WEBCAST: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-event Details&c=180513&eventID=2763859
(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)
DATASOURCE: KongZhong Corporation
CONTACT: Jay Chang of KongZhong Corporation, +86-10-8857-6000,
fax +86-10-8857-5891,
Home Inns to Report Fourth Quarter and Full Year 2009 Financial Results on March 3, 2010 US Time
Home Inns & Hotels Management Inc. (NASDAQ:HMIN), a leading economy hotel chain in China, today announced that it will report its financial results for the fourth quarter and full year 2009 after the U.S. market closes on March 3, 2010. Home Inns' management will hold an earnings conference call at 8 PM on March 3, 2010 U.S. Eastern Standard Time (9 AM on March 4, 2010 Beijing/Hong Kong time).
Dial-in details for the earnings conference call are as follows:
China Mainland (toll free): 10.800.130.0399 Hong Kong: +852.3002.1672 U.S. (toll free): +1.888.396.2298 U.S. and International: +1.617.847.8708
Pass code for all regions: Home Inns
A replay of the conference call may be accessed by phone at the following numbers until 9 PM on March 10, 2010 U.S. Eastern Standard Time.
U.S. toll free: +1.888.286.8010 International: +1.617.801.6888 Passcode: 76673337
Additionally, a live and archived webcast of this conference call will be available at http://english.homeinns.com/ .
About Home Inns
Home Inns is a leading economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Since Home Inns commenced operations in 2002, it has become one of the best-known economy hotel brands in China. Home Inns offers a consistent product and high-quality services to primarily serve the fast growing population of value-conscious individual business and leisure travelers who demand clean, comfortable and convenient lodging. Home Inns' ADSs, each of which represents two ordinary shares, are currently trading on the NASDAQ Global Select Market under the symbol "HMIN." For more information about Home Inns, please visit http://english.homeinns.com/ .
For more information, please contact:
Ethan Ruan Home Inns & Hotels Management Inc.
Tel: +86-21-3401-9898 x2004 Email:
Peter Schmidt FD Beijing Tel: +86-10-8591-1953 Email:
DATASOURCE: Home Inns & Hotels Management Inc.
CONTACT: Ethan Ruan of Home Inns & Hotels Management Inc.,
+86-21-3401-9898 x2004, ; or Peter Schmidt of FD Beijing,
+86-10-8591-1953,
Web site: http://english.homeinns.com/
Fushi Copperweld to Report 2009 Fourth Quarter and Fiscal Year Financial Results......March 10, 2010 at 8:30am ET.
Fushi Copperweld, Inc. (the "Company") , the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced that management will host a conference call to report the Company's 2009 fourth quarter and fiscal year financial results on Wednesday, March 10, 2010 at 8:30am ET.
To access the conference call, please dial one of the access numbers listed below: US +1.866.223.7781 International +1.416.340.8018
To listen to a live audio webcast of the event, please go to Fushi Copperweld's website at http://www.fushicopperweld.com/fcw/index.php/events-presentations . It is recommended that participants who access the webcast go to the website 15 minutes early to download and install any necessary audio software.
An audio webcast of the call will also be available for replay at http://www.fushicopperweld.com/ .
About Fushi Copperweld, Inc.
Fushi Copperweld, Inc. through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co, Ltd., and Copperweld Bimetallics, LLC, is the leading manufacturer and innovator of copper cladded bi-metallic engineered conductor products used in the electrical, telecommunications, transportation, utilities and industrial industries. With extensive design and production capabilities and a long-standing dedication to customer service, Fushi Copperweld, Inc. is the preferred choice bi-metallic products world-wide. For more information, visit: http://www.fushicopperweld.com/ .
Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will" "believes", "expects" or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/ .
For more information, please contact:
Nathan Anderson Vice President of Investor Relations Fushi Copperweld, Inc.
Phone: +1-931-433-0482 Email: IR@fushicopperweld.com
DATASOURCE: Fushi Copperweld, Inc.
CONTACT: Nathan Anderson, Vice President of Investor Relations,+1-931-433-0482, IR@fushicopperweld.com, of Fushi Copperweld, Inc. Web site: http://www.fushicopperweld.com/
eLong to Announce Fourth Quarter and Fiscal Year 2009 Unaudited Financial Results on March 3, 2010 at 7:00 pm US Eastern Time /
eLong, Inc. (NASDAQ:LONG), a leading online travel service provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year 2009 on Wednesday, March 3, 2010 at 7:00 pm Eastern Time (Beijing/Hong Kong time: Thursday, March 4, 2010, at 8:00 am).
(Logo: http://www.newscom.com/cgi-bin/prnh/20041118/ELONGLOGO )
eLong's management team will be on the call to discuss results and highlights and to answer questions. The toll-free number for U.S. participants is +1 866 844 9413. The dial-in number for Hong Kong participants is +852 3001 3802. The toll number for international participants is +1 210 795 0512. The pass code for all participants is ELONG.
A replay of the call will be available for one day between 8:30 pm Eastern Time on March 3, 2010 and 8:30 pm Eastern Time on March 4, 2010. The toll-free number for U.S. callers is +1 800 839 3119. The Hong Kong dial in number is +852 3018 4329, and the toll number for international callers is +1 203 369 4602. The pass code for the replay is 9629.
Additionally, a live and archived web cast of this call will be available for one year on the Investor Relations section of the eLong corporate website at http://www.elong.net/AboutUs/conference.html .
About eLong, Inc.
eLong, Inc. (NASDAQ:LONG) is a leading online travel company in China. Headquartered in Beijing, eLong has a national presence across China, and uses web-based distribution technologies and a 24-hour call center to provide consumers with accurate travel information and high quality travel booking
services. Aiming to deliver value and a worry-free travel booking experience to leisure and business travelers, eLong empowers consumers to make informed decisions by providing convenient online and offline hotel and air ticket booking services as well as easy to use tools such as maps, destination guides, photographs, virtual tours and user reviews. In addition to a selection of more than 9,800 hotels in China, eLong also offers consumers the ability to make bookings at over 100,000 international hotels in more than 100 countries worldwide, and can fulfill domestic and international air ticket reservations in over 80 major cities across China.
eLong operates websites including http://www.elong.com/ , http://www.elong.net/ , http://www.lohoo.com/ and http://www.xici.net/ .
For more information, please contact:
eLong, Inc.
Investor Relations Tel: +86-10-6436-7570 Email:
http://www.newscom.com/cgi-bin/prnh/20041118/ELONGLOGO
DATASOURCE: eLong, Inc.
CONTACT: eLong, Inc., Investor Relations, +86-10-6436-7570,
Web site: http://www.elong.com/
http://www.lohoo.com/ and http://www.xici.net/
http://www.elong.net/AboutUs/conference.html
China Security & Surveillance Technology, Inc. to Release Fourth-Quarter and Full-Year 2009 Earnings March 2
SHENZHEN, China, Feb. 25 /PRNewswire-Asia/ --
China Security & Surveillance Technology, Inc. ("CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading provider of digital surveillance technology in the P.R.C., today announced that the Company's fourth-quarter and full-year 2009 financial results will be released Tuesday, March 2, 2010 before market opens. The Company will also hold a conference call to discuss the financial results the same day at 8:00 am ET. The Company's earnings release, presentation and related materials will be available at the investor relations section of CSST's web site at http://irpage.net/csct/index.html before the earnings call.
The call can be accessed at 1-877-407-9039 (US Toll Free) or 1-201-689-8470 (Toll International). The company will broadcast a live webcast of the call at the investor relations section of CSST's Web site. The webcast will be available for replay at the same address from March 2, 2010 to March 9, 2010. Replay of the call can be accessed at 1-877-660-6853 (US Toll Free) or 1-201-612-7415 (Toll International), with account number 3055 and conference ID 345162.
About China Security & Surveillance Technology, Inc.
Based in Shenzhen, China, CSST manufactures, distributes, installs and services surveillance and safety products and systems as well as develops surveillance and safety related software in China. Its customers are mainly comprised of commercial and government entities. CSST has built a diversified customer base through its extensive sales and service network that includes branch offices and distribution points throughout China. To learn more about the Company visit http://www.csst.com/ .
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as 'will,' 'believes,' 'expects' or similar expressions. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and based upon premises with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ('SEC'), and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system at http://www.sec.gov/ .
For more information, please contact:
Company Contact: Terence Yap, Chief Financial Officer and Vice Chairman China Security & Surveillance Technology, Inc.
Tel: +86-755-8351-5634 Email:
Investor and Media Contact: Patrick Yu, Fleishman-Hillard Hong Kong Tel: +852-2530-2577 Email:
DATASOURCE: China Security & Surveillance Technology, Inc.
CONTACT: Terence Yap, Chief Financial Officer and Vice Chairman of China
Security & Surveillance Technology, Inc., +86-755-8351-5634, ; or
Investors and Media, Patrick Yu of Fleishman-Hillard Hong Kong, +852-2530-2577,
Web site: http://www.csst.com/
http://irpage.net/csct/index.html
Keep your eye on China Unicom!!
China Unicom (Hong Kong) Ltd. (CHU) said Monday its wholly owned U.K. unit has indicated interest in providing technical and managerial support to some potential bidders for a stake in Nigerian Telecommunications Ltd., and would be interested in exploring the possibility of equity investment in NITEL subject to certain conditions being fulfilled.
It said in a statement its U.K. unit, China Unicom (Europe
) Operations Ltd., hasn't commenced any negotiations on any substantive or legally binding agreements.
The statement comes after China Unicom spokeswoman Sophia Tso said Thursday the telecom operator isn't part of a consortium bidding for a stake in NITEL, after a statement from Nigeria's Bureau of Public Enterprises had said China Unicom was part of a consortium bidding for NITEL.
Chigbo Anichebe, head of public communications at the Nigerian agency, had said in a statement Tuesday that an offer by the New Generations Consortium was the highest bid submitted by five companies that participated for a stake in NITEL and its subsidiary, M-TEL. The agency said China Unicom was part of the New Generations Consortium.
China Unicom also said Monday its parent company isn't in any direct discussions or negotiations with any parties involved in the proposed privatization of NITEL.
Acorn International to Announce Fourth Quarter and Full Year 2009 Financial Results on March 12, 2010
Acorn International, Inc. ("Acorn" or the "Company"), a leading integrated multi-platform marketing company in China engaged in developing, promoting and selling consumer products and services through extensive distribution network, will release its financial results for the fourth quarter and full year 2009 before the market opens on Friday, March 12, 2010. A copy of the earnings release will be available on the Company's website at http://www.ir-site.com/acorn/index.asp .
The Company will host a conference call at 8:00 a.m. ET on March 12, 2010 (9:00 p.m. Beijing Time) to review the Company's financial results and answer questions. You may access the live interactive call via: -- +1 800 230 3019 (U.S. Toll Free) -- +1 617 597 5413 (International) -- Passcode: 989 153 47
Please dial-in approximately 10 minutes in advance to facilitate a timely start.
A replay will be available for 14 days after the call starting from 10:00 a.m. ET on March 12, 2010 and may be accessed via: -- +1 888 286 8010 (U.S. Toll Free) -- +1 617 801 6888 (International) -- Passcode: 327 870 02
A live and archived webcast of the call will be available on the Company's website at http://www.ir-site.com/acorn/index.asp . To listen to the live webcast, please go to the Company's website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software.
About Acorn International, Inc.
Acorn is a leading integrated multi-platform marketing company in China, operating one of China's largest TV direct sales businesses in terms of revenues and TV air time and a nationwide off-TV distribution network. Acorn's TV direct sales platform consists of airtime purchased from both national and local channels. In addition to marketing and selling through its TV direct sales programs and its off-TV nationwide distribution network, Acorn also offers consumer products and services through catalogs, third-party bank channels, outbound telemarketing center and an e-commerce website. Leveraging its integrated multiple sales and marketing platforms, Acorn has built a proven track record of developing and selling proprietary-branded consumer products, as well as products and services from established third parties. For more information, please visit http://www.chinadrtv.com/ .
For more information, please contact:
Acorn International, Inc.
Ms. Chen Fu, IR Director Tel: +86-21-51518888 x2228 Email: fuchen@chinadrtv.com Web: http://www.chinadrtv.com/
CCG Investor Relations Mr. Crocker Coulson, President Tel: +1-646-213-1915 (New York) Email: crocker.coulson@ccgir.com Web: http://www.ccgirasia.com/
DATASOURCE: Acorn International, Inc.
CONTACT: Chen Fu, IR Director of Acorn International, Inc.,+86-21-51518888 x2228, fuchen@chinadrtv.com; or Crocker Coulson, President ofCCG Investor Relations, +1-646-213-1915 (New York), crocker.coulson@ccgir.com Web site: http://www.chinadrtv.com/http://www.ir-site.com/acorn/index.asp
E-House to Report Fourth Quarter and Full Year 2009 Financial Results on March 9, 2010
E-House (China) Holdings Limited ("E-House") (NYSE:EJ), a leading real estate services company in China, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2009 before the U.S. markets open on March 9, 2010.
E-House's management will host an earnings conference call on March 9, 2010 at 8.30 a.m. U.S. Eastern Standard Time (9.30 p.m. Beijing/Hong Kong time).
Dial-in details for the earnings conference call are as follows:
U.S./International: +1-617-213-8050 Hong Kong: +852-3002-1672 Mainland China: 10-800-130-0399
Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "E-House earnings call."
A replay of the conference call may be accessed by phone at the following number until March 16, 2010:
International: +1-617-801-6888 Passcode: 48151870
Additionally, a live and archived webcast along with the transcript of the conference call will be available at http://ir.ehousechina.com/ .
About E-House
E-House (China) Holdings Limited ("E-House") (NYSE:EJ) is China's leading real estate services company with a nationwide network covering more than 70 cities. E-House offers a wide range of services to the real estate industry, including primary sales agency, secondary brokerage, information, consulting, advertising, online and investment management services. The real estate information, consulting, advertising and online services are offered through E-House's majority owned subsidiary, China Real Estate Information Corporation (NASDAQ:CRIC). E-House has received numerous awards for its innovative and high-quality services, including "China's Best Company" from the National Association of Real Estate Brokerage and Appraisal Companies and "China Enterprises with the Best Potential" from Forbes. For more information about E-House, please visit http://www.ehousechina.com/ .
For investor and media inquiries, please contact:
In China:
Michelle Yuan Manager, Investor Relations E-House (China) Holdings Limited Phone: +86-21-6133-0770 Email:
Cathy Li Ogilvy Financial, Beijing Phone: +86-10-8520-6104 Email:
In the U.S.
Jessica Barist Cohen Ogilvy Financial, New York Phone: +1-646-460-9989 Email:
DATASOURCE: E-House (China) Holdings Limited
CONTACT: In China: Michelle Yuan, Manager, Investor Relations, E-House
(China) Holdings Limited, +86-21-6133-0770, or ; or
Cathy Li, Ogilvy Financial, Beijing, +86-10-8520-6104, or ;
In the U.S., Jessica Barist Cohen, Ogilvy Financial, New York, +1-646-460-9989,
or
Web site: http://ir.ehousechina.com/
http://www.ehousechina.com/
China Nepstar Chain Drugstore Changes 2009 Fourth Quarter Reporting from March 2 to March 3
- Teleconference to be Held at 8 a.m. EST -
China Nepstar Chain Drugstore Ltd. (NYSE:NPD) ("China Nepstar" or the "Company"), the largest drugstore chain in China based on the number of directly operated stores, announced today that the company will report the fourth quarter and fiscal year 2009 financial results ended December 31, 2009, before the market opens on Wednesday, March 3, 2010. The company initially set the reporting date on March 2, 2010.
The Company will host a conference call, to be simultaneously Web cast, on Wednesday, March 3, 2010 at 8:00 a.m. Eastern Standard Time / 9:00 p.m. Beijing Time. Interested parties may participate in the conference call by dialing +1-877-407-9210 (North America) or +1-201-689-8049 (International) approximately five to ten minutes before the call start time. A live Web cast of the conference call will be available on the Nepstar Web site at http://www.nepstar.cn/.
A replay of the call will be available starting on March 3, 2010, at 11:00 a.m. Eastern Standard Time or March 4, 2010, 12:00 a.m. Beijing Time through March 13, 2010 at 11:59 p.m. Eastern Standard Time or March 14, 2010 at 12:59 p.m. Beijing Time. An archived Web cast of the conference call will be available on the Nepstar Web site at http://www.nepstar.cn/. Interested parties may access the replay by dialing +1-877-660-6853 (North America) or + 1-201-612-7415 (International) and entering account number 286 and conference ID number 344868.
About China Nepstar Chain Drugstore Ltd.
China Nepstar Chain Drugstore Ltd. (NYSE:NPD) is China's largest retail drugstore chain based on the number of directly operated stores. As of September 30, 2009, the Company had 2,337 stores across 67 cities, one headquarter distribution center and 12 regional distribution centers in China. Nepstar uses directly operated stores, centralized procurement and a network of distribution centers to provide its customers with high-quality, professional and convenient pharmacy services and a wide variety of other merchandise, including OTC drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables. Nepstar's strategy of centralized procurement, competitive pricing, customer loyalty programs and private label offerings has enabled it to capitalize on the robust economic growth in China and to take advantage of the demographic trend in China to achieve a strong brand and leading market position. For further information, please go to http://www.nepstar.cn/.
Contacts
In China: Lucia Qian China Nepstar Chain Drugstore Ltd.
Vice President, IR Phone: +86-755-2641-4065 Email:
In the United States: Dixon Chen Grayling Investor Relations Tel: +1-646-284-9403 Email:
Ivette Almeida Grayling Media Relations Tel: +1-646-284-9455 Email:
DATASOURCE: China Nepstar Chain Drugstore Ltd.
CONTACT: In China: Lucia Qian, Vice President, IR, China Nepstar Chain
Drugstore Ltd., +86-755-2641-4065, ; In the United States:
Dixon Chen, Grayling, Investor Relations, +1-646-284-9403,
, or Ivette Almeida, Grayling, Media Relations,
+1-646-284-9455,
Web Site: http://www.nepstar.cn/
NEW YORK (Reuters) - China could be about to allow its currency to strengthen by as much as 5 percent to slow down the country's fast-growing economy, Goldman Sachs' (GS.N) chief economist was quoted as saying on Sunday.
"I have a strong opinion that they're close to moving the exchange rate," Jim O'Neill told Bloomberg. "Something's brewing. It could happen anytime."
The news service said O'Neill believes China may allow the yuan to rise as much as 5 percent in a one-time revaluation and to then trade within a bigger band or against a larger basket of currencies.
"They need to do something to slow the economy down and deal with the inflation consequences," he was quoted as saying. O'Neill believes China's economy is growing between 12 percent and 14 percent, Bloomberg said.
The World Bank has forecast China's economy will grow 9 percent this year, faster than global growth of 2.7 percent. Beijing said it expanded by 8.7 percent in 2009.
China Valves Technology, Inc. Signs Strategic Cooperation Frame Agreement with Dongfang Electric........CVVT
China America Hldgs waking up again CAAH
watched it, did good today!
CHNC is yet another strong China play to watch
http://investorshub.advfn.com/boards/board.aspx?board_id=16427
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
BOY.V or TSX.BOY is another one to watch.
http://investorshub.advfn.com/boards/board.aspx?board_id=16336
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
ENHD is one to watch ove the coming months. ;)
http://investorshub.advfn.com/boards/board.aspx?board_id=12280
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
looking good today!
CDC Software Corporation (NASDAQ: CDCS), a global provider of enterprise software applications and services, today announced that it has delivered this morning a proposal to Chordiant Software, Inc. to acquire all the outstanding shares of Chordiant, a provider of customer experience software and services, in a cash and stock transaction valued at $105.1 million, or $3.46 per share, based on a 21 percent premium over the average closing price for Chordiant shares on NASDAQ over the 30 trading days immediately prior to and including Jan. 5, 2010
CDC Software will hold a conference call to discuss its offer for Chordiant on Friday, Jan. 8, 2009, at 11:00 A.M. EST. Call in information: USA and Canada Toll Free Number: (866) 903-3296; Int’l/Local Dial-In #: (706) 643-6263. The conference ID number is 49296888 and the call leader is Mr. Monish Bahl, senior vice president of Investor Relations
The transaction, which as proposed is not subject to financing, but is subject to usual and customary closing conditions and the receipt of all requisite governmental and shareholder approvals, provides two options for the payment of consideration. The first option calls for consideration to be comprised of 40 percent cash and the remaining 60 percent in a combination of registered shares of both CDC Software (class A ordinary) and CDC Corporation (class A common). The second option calls for 50 percent cash and 50 percent in registered CDC Software shares (class A ordinary). CDC Software expects this offer will be structured in a tax-efficient manner to help optimize the benefits to the shareholders of Chordiant. Additionally, Chordiant shareholders can choose either or both of these two options for the payment of consideration, in any combination, in 1,000 share increments. As of Jan. 5, 2010, CDC Software holds 392,762 shares of Chordiant, or approximately 1.3 percent of Chordiant’s 30.4 million shares outstanding
CDC Software believes the combination between the two companies would create a compelling front office platform in the enterprise market, and that CDC Software and Chordiant are synergistic in a variety of fronts such as their technology, geographic foot print and customers. For example, CDC Software shares several of Chordiant’s Top 40 customers that include mutual global marquee customers like Barclays, ING, Littlewoods, MetLife, Principal Financial Group, and Wellpoint. As part of its 6,000 customer base, CDC Software also has many Tier 1, large-scale customers with tens of thousands of seats, similar to Chordiant’s customer profile
Furthermore, CDC Software believes that it would provide Chordiant with the platform to expand globally by leveraging CDC Software’s large global customer base, cost efficient product engineering offshore operations in India and China, and its more than 1,000 partners and resellers worldwide. CDC Software also believes the combination of the two companies would offer numerous cross-selling opportunities; result in a significant increase in annual revenue, with a substantial portion in recurring maintenance and Software-as-a Service (SaaS) revenue, as well as improve its already strong adjusted EBITDA margin
“CDC Software believes this is a superior offer that should be brought to the Chordiant shareholders for consideration,” said Peter Yip, CEO of CDC Software. “We believe the combination of CDC Software and Chordiant, with the numerous synergies in technology, geographic foot print, and customers, will make a strong technology marriage and offer a very attractive investment opportunity. For instance, Chordiant’s call center technology would be a natural fit with CDC Software’s Front Office solutions, specifically its Pivotal CRM platform. Both companies have several complementary vertical markets, and particularly share many common customers in the financial services market. CDC Software and Chordiant also have minimal geographic overlap, and CDC Software can provide Chordiant with the extensive global infrastructure it needs to expand, especially in Asia. Most notably, based on current projections, the combination would be earnings accretive immediately. Additionally, CDC Software can provide the scale that Chordiant has been seeking in recent months as was evident by its recent acquisition attempts.” Moreover, CDC Software operates from a strong financial foundation. CDC Software recently announced that it achieved more than a 37 percent increase in quarterly sequential license revenue and a 30 percent increase in organic license revenue, for the fourth quarter of 2009. The company has consistently achieved superior EBITDA margins over the last several quarters including 27 percent in the third quarter of 2009, more than double from the same period in 2008. CDC Software believes this is indeed a noteworthy accomplishment considering last year’s downturn in the enterprise software market
Most notably, CDC Software holds a proven and successful track record of successfully integrating acquisitions. Key examples of this are the company’s acquisitions of two public companies in 2004, Ross Systems and Pivotal Corporation. Since then, both these businesses have grown significantly under the company’s leadership. CDC Software believes a primary reason for this achievement is its global scalable business and technology platform featuring an infrastructure of multiple complementary applications and services, domain expertise in vertical markets, cost effective product engineering centers in India and China and a worldwide network of direct sales and channel operations. CDC Software expects these resources can be leveraged significantly to reduce operating expenses and improve margins in a combined company
“As a Chordiant shareholder, we have seen first-hand that the company’s management team and board of directors are experienced, hard working and have performed their fiduciary duties well under difficult circumstances. We welcome their continued involvement in the company and in CDC Software
“Quite simply, CDC Software believes this is a win-win transaction for both companies. As a Chordiant shareholder, CDC Software hopes Chordiant management and their board of directors will move decisively on approving our offer since it benefits all stakeholders of both Chordiant and CDC Software,” said Yip
Investors are invited to listen to a live webcast of the Jan. 8 conference call which can be accessed through the investor section of the CDC Software website at www.cdcsoftware.com. The call can also be accessed through www.streetevents.com. To listen to the call, please go to the website at least 15 minutes prior to the call and download any necessary audio software
For those unable to call in, a digital instant replay will be available after the call until January 15, 2010. Conference ID: 49296888 Encore Dial In #:(800) 642-1687; Encore Dial In #:(706) 645-9291
About CDC Software CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a provider of enterprise software applications and services designed to help organizations deliver a superior customer experience, while increasing efficiencies and profitability. CDC Software provides customers with maximum flexibility in their solutions through multiple deployment options which best fit their business needs. Leveraging service-oriented architecture (SOA), CDC Software offers multiple delivery options for their solutions such as on-premise, cloud-based or hybrid (blending of the two options) deployment offerings. CDC Software's product suite includes: CDC Factory (manufacturing operations management), Activplant (enterprise manufacturing intelligence), CDC Ross ERP (enterprise resource planning), CDC Supply Chain (supply chain management , warehouse management and order management),CDC xAlerts (real-time supply chain event management), CDC Power (discrete ERP), CDC eCommerce, CDC NFP/NGO, CDC Pivotal CRM and Saratoga CRM (customer relationship management), CDC Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, CDC HRM (human resources) and business analytics solutions
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, technical support and IT consulting. For more information, please visit www.cdcsoftware.com
About CDC Corporation The CDC family of companies includes CDC Software (NASDAQ: CDCS) focused on enterprise software applications and services, CDC Global Services focused on IT consulting services, and outsourced R&D and application development, CDC Games focused on online games, and China.com China.com, Inc. (HKGEM:8006) focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, the CDC Software Corporation, or the company, plans to file with the SEC a registration statement on Form F-4 containing a proxy statement/prospectus and other documents regarding the proposed transaction. The definitive proxy statement/prospectus will be mailed to shareholders of Chordiant Software Inc
INVESTORS AND SECURITY HOLDERS OF CHORDIANT SOFTWARE INC. ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS CAREFULLY WHEN FILED WITH THE SEC IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain free copies of the registration statement and the proxy statement/prospectus, when filed, and other documents filed with the SEC by the company through the web site maintained by the SEC at www.sec.gov. Free copies of the registration statement and the proxy statement/prospectus (when available) and other documents filed with the SEC can also be obtained by directing a request to Monish Bahl, Senior Vice President, Investor Relations (678) 259-8510
The company and its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding the company's directors and executive officers is available in its Registration Statement on Form F-1/A (333-160600), which was filed with the SEC on August 4, 2009. As of January 5, 2010, CDC Software Corporation owns 392,762 shares of Chordiant Software Inc. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC when they become available
Statements in this release that are “forward-looking statements” are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as the company's ability to achieve the synergies and value creation contemplated by the proposed transaction, the company’s ability to promptly and effectively integrate the businesses of Chordiant Software Inc. and the company, the timing to consummate the proposed transaction, and the diversion of management time on transaction-related issues. For further information regarding risks and uncertainties associated with the company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the company's SEC filings, including, but not limited to, its Registration Statement on Form F-1/A (333-160600), which was filed with the SEC on August 4, 2009, copies of which may be obtained by contacting the company's Investor Relations department at (678) 259-8510 or at the company’s website at www.cdcsoftware.com
All information in this communication is as of January 6, 2010. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations. Historical results are not indicative of future performance
Great gains for anyone who followed the pinks I posted.
Stay tuned for some real action coming up!!!
Hiru needs help so They'll need to pump that thing some more to get it going EEGI (up 42%) and GOIG (up 85%) are rollin!
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Cogo Group, Inc. to Present at Barclays Capital Global Technology Conference on December 9, 2009 COGO
China Crescent Enterprises, Inc. Anticipates $36 Million Aoyuan Electronic Contract to Close and Go in Service Next Month..............CCTR
Also up on 1/2 average volume...........CHINA
Add CBBD to your watch list
Anyone interested on another avenue to make money....stop by this board and sign up to be part of a growing group with the same objective. Looks to be catching on!
http://investorshub.advfn.com/boards/board.aspx?board_id=16243
China Nepstar Enters Wenzhou Market with Acquisition
- Strengthens Penetration in Affluent Eastern China Region -...............NPD
SHENZHEN, China, Oct. 23 /PRNewswire-Asia-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE:NPD) ("China Nepstar" or the "Company"), the largest drugstore chain in China based on the number of directly operated stores, today announced that it has entered into a definitive agreement with Wenzhou Ren Ren Hao Chain Drugstore Ltd. ("Ren Ren Hao") to acquire the operations of all of its eight drugstores in Wenzhou City. This acquisition represents China Nepstar's first retail presence in Wenzhou, one of the most affluent markets in Zhejiang province in terms of consumption power. The transaction is expected to be completed by the end of 2009
Total Crude Oil Production for the Third Quarter in 2009 Increases 30% to 224,750 Barrels from the Same Period a Year Ago!!
...............NEP
CDC Software Signs Binding Term Sheet to Acquire a Provider of SaaS Supply Chain Solutions...........CHINA
China Sunergy and Canadian Firm Opsun Technologies Sign Solar Products Framework Agreement...........CSUN
ChinaEdu Corporation to Present At the Third Annual Signal Hill Education Preview Investor Conference.........CEDU
Gabelli & Company, Inc. will host its 33rd Annual Automotive Aftermarket Symposium, November 2-4, at The Bellagio in Las Vegas. The three-day investment research meeting will feature presentations from senior management at leading automotive parts suppliers, retailers, and dealers, and will highlight opportunities in light of current OE dynamics, clean emissions technologies, and consumer trends. Institutional investors should contact their salesperson for more information or to register.
.................CAAS
China Aoxing Pharmaceutical Company to Present at 2009 China Growth Conference of Adam Friedman Associates on October 28, 2009...........AOB
China Crescent Enterprises, Inc. CEO Paul Danner to Update Shareholders on 2009 Sales and Operating Income Growth in Webcast............CCTR
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WANNA MAKE MONEY ON THE CHINESE ?????
I think we all know Chinese stocks are making a killing. This board is an easily accessible way to tap into the "boom". Got one you wish to highlight go for it. All stocks here have been hyperlinked for easy viewing. Pass the word to those who play China stocks . NOTHING FANCY HERE JUST CURRENT NEWS ON CHINA PLAYS!!!!.......... Sorry folks but I have too many companies here to post the charts. ......like I said, simple board with great information.
Check China Patents
http://59.151.99.140/sipo_EN/search/tabSearch.do?method=init
Institutional investors: (type symbol) http://www.mffais.com/
ACTIONS SEMI CONDUCTOR CO ACTS
ALUMINUM CORPORATION OF CHINA LTD. ACH
AMERICAN ORIENTAL BIOENGINEERING AOB
CHINA NATIONAL OFF SHORE OIL CORP CEO
CHINA AUTOMOTIVE SYSTEM INC CAAS
CHINDEX INTERNATIONAL INC (AMERICAN) CHDX
CHINA HOUSING DEVELOPEMENT INC CHLN
CHINA LOGISTICS GROUP INC CHLO
CHINA TECHFAITH WIRELESS COMMUNICATION TECHNOLOGY CNTF
China Solar & Clean Energy Solutions Inc. CSOL
China Sunergy Co CSUN
China Netcom Group Corporation (Hong Kong) Limited CN
China Petroleum & Chemical Corporation SNP
China Southern Airlines Company Limited ZNH
China Shenhua Energy Co., Ltd. CUAEF
China Shenghuo Pharmaceutical Holdings KUN
China Security & Surveillance Technology CSR
China techfaith wireless comm CNTF
China Unicom CHU
China BAK Battery Inc.CBAK
China Digital TV Holding Co. Ltd.STV
China Fire & Security Group Inc.CFSG
CDC Corp.CHINA
China North East Petroleum Holdings Ltd.CNEH
China Organic Agriculture Inc.CNOA
China Pharma Holdings Inc.CPHI
China Precision Steel Inc.CPSL
China Architectural Engineering, RCH
China Nepstar Chain Drugstore Ltd.NPD
Claymore/Alphashares China YAO
Cogo Group COGO
Ctrip.Com International, Ltd. ADS CTRP
CYD China Yuchai International CYD
eFuture Information Technology Inc.EFUT
EHouse Holdings Ltd.EJ
eLong Inc LONG
Fuwei Films Co. Ltd.FFHL
Focus Media Holding Ltd.FMCN
Fushi Copperweld Inc FSIN
Fuqi International Inc.FUQI
General steel Holdings GSI
Gigamedia Limited GIGM
Gushan Environmental Energy GU
Gmarket Inc.GMKT
Global sources LTD GSOL
Guangshen Railway Company Ltd.GSH
Guangzhou Global Telecom GZGT
Huaneng Power International Inc. HNP
Highway Holdings Limited HIHO
Home Inns & Hotels Management HMIN
Zhongpin inc HOGS
HSW International Inc HSWI
HRAY Hurray! Holding Co HRAY
iShares FTSE/Xinhua China 25 Index Fund FXI
JA Solar Holdings Co JASO
Jinpan international LTD JST
JRJC China Finance Online Co JRJC
KongZhong Corp.KONG
Linktone Ltd LTON
LDK Solar Co LDK
Longtop Financial Technologies Ltd.LFT
LJ International Inc.JADE
Melco PBL Entertainment Ltd.MPEL
Mindray Medical International Ltd.MR
Noah Education Holdings Ltd.NED
New dragon asia corps NWD
New Oriental Energy & Chemical Corp.NOEC
New Oriental Education & Technology Group Inc.EDU
Netease.com Inc.NTES
NTE Nam Tai Electronics Inc NTE
Ninetowns Internet Technology Group NINE
Origin Agritech Ltd SEED
Orient Paper Inc. OPAI
Perfect World Co.PWRD
PetroChina Company Ltd. PTR
Powershares Golden Dragon Halter Usx China Portfolio PGJ
QXM Qiao Xing Mobile Communication QXM
Shenda Tech inc SDTH
sina.com SINA
Nets Hang seng index SNO
Sorl Auto Parts SORL
3SBio Inc SSRX
S3 INVESTMENT CO INC SIVC
Semiconductor Manufacturing International Corp SMI
Shanda Interactive Entertainment Ltd.SNDA
Sinopec Shanghai petrochemical co SHI
SDTH ShengdaTech Inc SDTH
Spreadtrum Communications SPRD
Sohu.com Inc.SOHU
Solarfun Power Holdings Co. Ltd.SOLF
Shanda interactive Ent... SNDA
Sinopec Shanghai Petrochemical Company Limited SHI
Simcere Pharmaceutical Group SCR
Suntech Power Holdings Co., Ltd. STP
Sutor Technology Group SUTR
Sinovac Biotech Ltd SVA
Telestone Technologies Corp TSTC
Tengtu international corpTNTU
The9 Ltd.NCTY
Trina Solar Ltd.TSL
Tiens Biotech Group TBV
Tongjitang Chinese Medicines Co TCM
UTStarcom Inc.UTSI
VisionChina Media Inc VISN
Wonder Auto Technology WATG
WZEN Webzen Inc.WZEN
WuXi PharmaTech WX
Xinyuan Real Estate Co XIN
Xinhua Finance Media Ltd.XFML
Xing Universal Telephone Inc.XING
Yingli Grn Engy Adr YGE
Yanzhou Coal Mining Co. Ltd. YZC
Yucheng Technologies YTEC
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Mediag3 Inc MDGC
Asia Glogal Holdings AAGH
Franklin towers enterprize FRTW
Sancon Resources Recovery Inc.SRRY
Hartcourt Companies Inc.HRCT
China Media Group Corp.CHMD
China YouTV Corp. CYTV
China SXAN Biotech Inc. CSXB
China Agri Business, inc CHBU
China America Holdings, Inc.CAAH
China Biologic Products, Inc.CBPO
China Biopharmaceuticals Holdings, Inc.CHBP
China Clean Energy, Inc. CCGY
China Dongsheng International, Inc. CDSG
China Energy Corp. CHGY
China Energy Recovery, Inc.CGYV
China Finance, Inc.CHFI
China Fruits Corp. CHFR
China Sun tech Co CSGH
China marine food group CMFO
China mobile media technology CHMO
China natural gas inc CHNG
China northeast petroleum holdings CNEH
China Nuvo solar energy inc CNUV
China recycling energy corp CREG
China Ritar power corp CRTP
China Shuagji cement inc CNSJ
China valves technology CVVT
China wind systems inc CWSI
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