Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects.

Chinese retail company China Resources Vanguard has announced its new expansion plan and said it will open 10 to 15 convenience stores in Xi'an before the end of this year.

According to Vincent Chow, general manager for the Hong Kong-based jewelry company Chow Sang Sang, the company plans to invest about HKD50 million this year in opening new stores in mainland China.

Chinese apparel group Baoxiniao has announced plans to open about 100 new specialty stores in 2009.

Mannings, one of the largest health and beauty product chain store brands in Hong Kong, has announced its latest expansion plan and the company says it will increase the number of its outlets in mainland China to over 150 before the end of 2009.

Hangzhou based Chinese beverage company Wahaha has published its financial report for the first quarter of 2009 and states that its revenue increased by 37.22% year-on-year to CNY10.3 billion, a record-high increase over the past 22 years.