Whether China shares are in a bubble depends on which data bit catches the fancy, but the market has outstripped its fundamentals and is 23 percent overbought, Credit Suisse said. "Margins, profitability and value creation continue declining as productivity growth lags real wage growth and product selling prices are eroded," Credit Suisse said in a note Friday. "Moreover, equity market price momentum has decoupled away from ...
HNA and NetEase had previously signed a strategic cooperation framework agreement in December 2014. Based on the framework agreement, the two would implement cooperation in Internet tourism and Internet finance services. The establishment of the new joint venture shows that the two parties are optimistic about the rapid development of the Chinese Internet tourism market and it is a realization of their strategic cooperation framework agreement. ...
Deep Fried Spiders And Crickets, Phnom Penh
Kingdee International Software Group and JD.com announced an agreement in which JD will invest HKD1.3 billion in cash to acquire about a 10% stake in Kingdee. Meanwhile, the two parties plan to form a strategic partnership to provide small- and medium-sized enterprises with ERP integrated solutions based on cloud computing services. Xu Shaochun, chairman and chief executive officer of Kingdee, said the two parties will ...
Chinese Internet security provider Qihoo 360 announced the establishment of a new enterprise security group. Qi Xiangdong, president of Qihoo 360, will be chief executive officer of this new enterprise security group. Financial details, including capitalization structure for the technology business, were not made available by the company. Using the research resources of Qihoo 360's mobile security research institute, network ...
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