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  • HONG KONG, May 23- Not long after Hanergy Thin Film Power Group began its annual shareholder meeting at a plush Hong Kong hotel this week, the Chinese solar company's shares went into free fall. Once the meeting was under way, several massive sell orders involving millions of shares overwhelmed the market, according to an analysis of Thomson Reuters trade log data.

  • Expedia sells stake in Chinese travel service Friday, 22 May 2015 | 10:44 AM ET

    NEW YORK— Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Before the market opened, Bellevue, Washington- based Expedia said that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno Group Ltd. and...

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • China says work on charter for Asian bank completed Friday, 22 May 2015 | 4:41 AM ET

    Beijing's proposal for the Asian Infrastructure Investment Bank attracted unexpected widespread support from Western governments including Britain, New Zealand and France despite U.S. opposition. Other nations that have expressed interest in joining include India, Germany and Thailand. Beijing has pledged to put up most of its initial $50 billion in...

  • TOKYO— Prime Minister Shinzo Abe's offer of $110 billion in fresh infrastructure financing for Asia is as much about Japan's agenda for selling its clean coal know-how and other technologies as it is about keeping up with China. Abe announced the commitment, topping the $100 billion China set for its newly created Asian Infrastructure Investment Bank, on...

  • BEIJING— All-expenses-paid trips to reward top salespeople aren't unusual, but direct marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours. One company is sending 12,700 salespeople to Thailand on a tour that continues until next week. vice-chairman Xu Guowei...

  • SHANGHAI, May 22- China stocks jumped to fresh seven-year highs on Friday, with a four-day winning streak bringing the weekly gain to the biggest since December as investors raised bets that a month-long consolidation period is ending. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.3 percent, to 4,951.33, while the Shanghai...

  • Tuk-tuk taxi maker aims to make inroads in US Friday, 22 May 2015 | 2:24 AM ET

    DENVER— They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing. The Tuk Tuk Factory, based in Amsterdam, has signed a licensing agreement with Denver- based eTuk USA to allow the company to manufacture and sell an electric version of the vehicle. The three partners' other company, eTuk Denver, launched a call-and-demand shuttle...

  • It's also the prize being sought by Charles Li, the chief executive of Hong Kong Exchanges and Clearing, which bought the venerable London Metal Exchange. This is particularly attractive for global investors not big enough to justify the costs and risks involved in establishing a legal entity in China in order to be allowed to trade there.

  • HONG KONG— Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while most other world markets were subdued Friday ahead of a speech by Federal Reserve chair Janet Yellen. Britain's FTSE 100 gained 0.3 percent to 7,033.44. CHINA RALLY: Investors who weren't allocated shares in recent initial public offerings are...

  • *UBS sees money flow to Hong Kong in 2-3 quarters. SHANGHAI, May 22- China stocks jumped to fresh seven-year highs on Friday morning, and looked set for their biggest weekly gain in two months, as investors raised bets that a month-long consolidation period is ending. The Hong Kong market paced gains.

  • SHANGHAI, May 22- China's yuan edged up against the dollar and hovered around a one-month high on Friday after the central bank set the daily guidance rate slightly higher for the first time in four days, a move traders said refelcted a desire for stability. Officials including Premier Li Keqiang and PBOC Governor Zhou Xiaochuan have pledged to keep the yuan...

  • SINGAPORE, May 22- Copper edged lower on Friday and was on course for its biggest weekly decline since March, with prices unlikely to stage a sharp recovery unless Chinese demand picks up. Copper has come off since hitting this year's peak of $6,481 a tonne in early May, touching a three-week low on Wednesday on account of a firmer dollar. "Copper has performed...

  • China stocks hit fresh 7-year highs, financials lead Thursday, 21 May 2015 | 10:29 PM ET

    SHANGHAI, May 22- China stocks climbed to fresh seven-year highs on Friday, and looked set for their biggest weekly gain in two months, as investors plough a record amount of borrowed money into the stock market. "It seems that investors are afraid of missing the rally and continue coming in," Gerry Alfonso, director of Shenwan Hongyuan Securities in Shanghai, wrote...

  • China's Guangxi to auction 20 bln yuan bonds on May 28 Thursday, 21 May 2015 | 8:44 PM ET

    SHANGHAI, May 22- China's Hubei Zhuang Autonomous Region will auction 20 billion yuan of bonds ranging in tenor from three to 10 years on May 28, according to a notice posted on the website of one of the country's main bond clearing houses late on Thursday. Guangxi will be the fourth government to auction municipal bonds in China this year. Of the 20 billion yuan,...

  • May 21- Many things about China stocks are funny, but probably not right now to investors in Hanergy Thin Film Power Group, Goldin Financial Holdings or Goldin Properties Holdings. Goldin Financial is a short-term commercial lender but has wide-ranging property interests, while Goldin Properties is a developer. Hong Kong's financial regulator in March...

  • Don't buy China here: Gartman   Thursday, 21 May 2015 | 5:35 PM ET
    Investors watch a digital screen displaying the prices of China's stock market in Hangzhou, Zhejiang province of China.

    Dennis Gartman, The Gartman Letter, discusses recent activity in Chinese markets and how to invest internationally.

  • Worst behind HP?   Thursday, 21 May 2015 | 5:03 PM ET
    Worst behind HP?

    Amit Daryanani, RBC Capital Markets, gives his business outlook for Hewlett-Packard.

  • *China approves nearly 2 tln yuan of projects in year. SHANGHAI, May 22- The concrete building shells, attended by motionless cranes and piles of rubbish, were supposed to be an affordable housing project for nearly 40,000 Shanghai residents, but now stand testament to China's slowing economy. Though China has since the start of last year given the green light to...