Lianhua Supermarket, a subsidiary of the Bailian Group, has announced that it will acquire a 100% stake in Hualian Supermarket from Bailian Group for CNY492 million.

At the second Yangtze River Delta Tourism Cooperation Qingpu Forum, China CYTS Tours Holding Company proposed a plan to jointly develop tourist products for the Shanghai World Expo.

"Hola's development will enter a new stage in 2008 and the company plans to open ten to twelve new stores around China this year", says Gu Yihua, general manager of Hola China. According to this plan, the number of Hola's newly opened stores in 2008 will be more than the total number opened over the [...]