Search results for “stake”
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
Fosun splashes out billions of yuan in luxury tourism property
07/19/2016|9:59:26 AM|
Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
Shiji Technologies to acquire 25 million euro stake in hotel IT company SnapShot
03/17/2015|2:28:07 PM|
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
HNA Hospitality denies report of equity talks with AccorHotels
06/13/2016|10:36:17 AM|
HNA Hospitality, a HNA Group affiliate, told ChinaTravelNews on June 11 that the company was not, and had no plan of, negotiating to take a stake in AccorHotels, countering reports by French media.
Grand China Air increases its Hainan Airlines stake to 34.84%
03/06/2015|10:15:41 PM|
Grand China Air has purchased 595 million shares of Hainan Airlines for RMB1.898 billion from Hainan Development Holdings.
Major US carriers intensify route deployments in China
06/29/2016|9:59:16 AM|
Three American airline giants are stepping up route plans in China, making airports of the world’s second largest economy increasingly important as Asia‘s aviation hubs.
eLong wins hotel booking portal of WeChat Wallet
06/24/2016|10:01:29 AM|
In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet.
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