Archive for March 2009

China's Li Ning Revenue Up 53.8% In 2008

Mar 24th, 2009 | By | Category: Clothing

Chinese sports products giant Li Ning has published its financial report for 2008, which states that due to the 2008 Beijing Olympic Games, the company made total revenues of CNY6.69 billion in 2008, a year-on-year increase of 53.8%.



B&Q Opens First New Model Flagship Store In Shanghai

Mar 24th, 2009 | By | Category: Furnishings

Home decoration retailer B&Q has opened a new generation flagship store in Shanghai, its first such flagship store in China since its introduction of a new retail model.



China's MOC Rejects Coca Cola's Takeover Of Huiyuan

Mar 23rd, 2009 | By | Category: Food & Beverage

The Chinese Ministry of Commerce has announced that in accordance with China's anti-monopoly law, it has decided to reject Coca-Cola 's application to acquire China Huiyuan Juice Group.



Century Mart To Open New Outlet In Ningbo

Mar 23rd, 2009 | By | Category: Supermarkets

Century Mart has announced plans to open a 25,000 square meter hypermarket in Jiangdong District, Ningbo.



China's Little Sheep Publishes First Annual Report Since Listing

Mar 20th, 2009 | By | Category: Food & Beverage

Chinese hotpot chain Little Sheep has published its first annual report since it was listed on the Hong Kong Stock Exchange of Hong Kong on June 12, 2008.



HK Customs Raid Shops Selling Consoles For Pirated Software

Mar 20th, 2009 | By | Category: Electronics

In a recent operation codenamed Intruder, officers from the Hong Kong Intellectual Property Investigation Bureau raided five shops in Tsuen Wan and Sham Shui Po and, for the first time, seized eight portable electronic game consoles with circumvention devices and 16 memory cards loaded with pirated games, with a total value of HKD13,500 in total.