Kuehne + Nagel acquires Chinese freight forwarder Apex International
Financial details of the deal are not disclosed...
Tag : China
JD Logistics to raise $5 bn in Hong Kong listing
The company could be valued at around $40 bn...
China to build 30,000 5G base stations in Gansu province
Last year, the province had only 8509 base stations...
Chinese delivery giant SF Holding to buy Kerry Logistics for $2.3 bn
SF Holding is planning to acquire a 51.8% stake in the company...
China’s CNOOC to raise capex to 7-year high
This is attributed to a 5% increase in domestic output...
China stuns the world with highest FDI in 2020
Investors might continue to flock in with cash through 2021—as the mainland is the only major economy to have dodged a contraction...
JD.com’s logistics arm prepares for Hong Kong IPO
JD Logistics is targeting an valuation of around $40 bn...
Ping An Insurance reports drop in profit for the first time since 2008
The insurer reported a 4.2% drop in annual net profit...
Cainiao to invest HK$5 mn to support Lunar new year demand
The investment will help the company fund a 1,500-strong workforce across the full chain of logistics operations...
Huawei names new president of Cloud & AI Business Group
Richard Yu, who serves as the CEO of Huawei's Consumer Business Group will take up the role of president...