Internet, Business and Marketing in China

ICBC Will Subscribe To The Shares Of Alibaba

October 15, 2007 – 0:33:43 | by FourP.org in Alibaba

According to Hong Kong media reports, ICBC (Industrial and Commercial Bank of China) will become one of Alibaba’s basic investors, following Taiwan Hon Hai Group, Wharf and Yahoo. It is the first time that Industrial and Commercial Bank of China refers to new shares investment markets.

According to sources, Alibaba will finance the total investment of about 145 million US dollars from its five basis investors before to be listed. This five investors are Industrial and Commercial Bank of China, Sun Hung Kai Properties Ltd, Taiwan’s Hon Hai Group, Wharf and Yahoo. And this five investors will be banned to sell their shares in two years.

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Kingsoft Will Get Listed on The SEHK in October

September 10, 2007 – 7:16:29 | by FourP.org in Internet

Kingsoft, the developer of WPS, will get listed on the Stock Exchange of Hong Kong in October, reports CPCW.

Accroding to the insiders, Kingsoft may restructure to an online game company to the end.

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