Searching for "New Huadu Industrial"
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Fuzhou-based mall and department store operator New Huadu Supercenter (002264.SZ) announced today that its controlling stockholder New Huadu Industrial Group will sell a 10% equity stake to Alibaba (Chengdu) Software Technology and affiliate Hangzhou Hanyun Xinling Equity Investment, both of which are companies under the umbrella of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA). Read More
Tang Jun, CEO of the New Huadu Industrial Group, said at the 2010 China Webmaster Conference in Beijing this weekend that ConnGame, the Shanghai-based online game developer in which he has invested, will list on the Nasdaq within the next three months. Read More
President Tang Jun of New Huadu Industrial Group has announced the acquisition, via financial information services subsidiary Inxite, of four IT companies for a total of USD 25 mln in cash and equity transfer: Shenzhen Qianxun Network, Beijing Systex Shenglong Information Systems, Hong Young Technology and Shanghai ConnGame. Read More