November 16, 2019

Why Chinese ADRs plunged?

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By Mena Callahan From Emerging Markets E Commerce China Dangdang Inc, 58.com, Concord Medical Services Hldg Ltd, Sky-mobi Ltd, Qunar Cayman Islands Ltd, Perfect World Co., Ltd. Dot Hill Systems Corp. (NASDAQ:HILL) fell 12.80% on Monday, extending declines after providing weak forecast. For the fourth quarter, it reported EPS of $0.07, beating the analyst estimate […]

WuXi PharmaTech purchases an Illumina HiSeq X Ten Sequencing System

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SAN DIEGO and SHANGHAI, March 10, 2014 /PRNewswire/ — Illumina, Inc. ILMN -2.05%  and WuXi PharmaTech (Cayman) Inc. WX -0.89%  , a leading pharmaceutical, biotechnology and medical device R&D outsourcing company with operations in China and the United States, today announced that the WuXi Genome Center has purchased an Illumina HiSeq X Ten sequencing system […]

China allows first corporate bond default

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From Moneynews Chinese authorities allowed the country’s first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented. Investors in bonds sold in 2012 by Chaori Solar Energy Science & Technology Co., a manufacturer of solar panels, were paid as little as 3 percent […]

PERCEPTIONS: When silence prevails, perception rules

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From Pinchina Consulting When silence prevails, perception rules: China, the Government of Jamaica and the Court of Public Opinion This post is the second installment of a series entitled, “Perceptions.” The series explores China’s historic and more recent relationship with Jamaica, particularly how that relationship forms part of China’s shifting position as a global economic […]

WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2013 Results

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SHANGHAI, March 5, 2014 /PRNewswire/ — WuXi PharmaTech (Cayman) Inc. a leading research and development services company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its financial results for the fourth quarter and full year of 2013. Fourth-Quarter 2013 Highlights Full-Year 2013 Highlights Management Comment […]

Antigua and Barbuda “strongly condemns” terrorist attacks in China

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From Caribbean360 ST. JOHN’S, Antigua, Monday March 3, 2014, CMC – Antigua and Barbuda has “strongly condemned” the murder of at least 28 people during the “terrorist attack” at a train station in Kunming, China over the weekend. Prime Minister Baldwin Spencer said that attack, which left more than 100 people injured when knife-wielding men […]

Cayman Youth Sailors

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Cayman Youth Sailors qualify for the Youth Olympic Games Everyone in the Cayman Sailing Community can be proud of our young sailors who qualified Cayman for two Youth Olympic Games places over the weekend. The team of Florence Allan, Pablo Bertran, Jesse Jackson and Shane McDermott travelled to the Jensen Beach US Sailing Center Martin […]

Qunar reports fourth quarter and fiscal year 2013 financial results

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BEIJING, Feb 27, 2014 (GLOBE NEWSWIRE via COMTEX) — Revenue Growth Accelerates in the Fourth Quarter Company Announces US$300 Million Revolving Credit Facility from Baidu Qunar Cayman Islands Limited QUNR -1.53%  (“Qunar” or the “Company”), China’s leading search-based travel commerce platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended […]

iNews Briefs

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Mistrial in case of cop accused of corruption and bribery The trial of police officer Elvis Kelsey Ebanks accused of corruption and bribery when he is alleged to have asked for more than $500 from Filipino Len Ferraris not to pursue a case of theft against him of a mobile phone, ended with a mistrial […]

China manufacturing conditions fall to seven-month low

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By Rob Wile From Business Insider China’s manufacturing conditions fell to a seven-month low of 48.3 in February, according to a flash reading from HSBC. Analysts expected a reading of 49.5, unchanged from January. Anything below 50 signals contraction. The production sub-index fell to 49.2 versus 50.8 in January. The employment sub-index hit the lowest […]