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Glaucus questions stock price of Hong Kong-listed Fullshare Holdings Ltd

Glaucus Research Group, a California-based short seller, said it was selling Hong Kong-listed developer Fullshare Holdings due to peculiar trading patterns seen in the stock's counter."Fullshare is supposedly a commercial and residential property developer, but this business is tiny compared to its market capitalization. In FY 2016, Fullshare generated a

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India sets up committee to study Chinese interest in power grid

India's ministry of power has set up a committee to examine concerns around the participation of Chinese companies in the country's fast-growing transmission sector.Since large Chinese firms typically have close ties to the Chinese government, concerns have been raised by both Indian companies as well as some security experts about

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Can’t block imports of cheap chinese solar panels – Nirmala Seetharaman

The government of India said it cannot seek to slow down imports of solar power generation equipment from China as it has to watch out for the interests of Indian consumers as much as those of Indian industrialists.Responding to questions from the opposition in Lok Sabha on why India was not taking

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ViVo, Oppo, Xiaomi need cheaper smartphone models to grow in India in 2017

China's LOVE brands -- Lenovo, Oppo, Vivo and Xiaomi -- will have to introduce cheaper models in 2017 to continue their strong growth in India, CyberMedia Research said in a report.The reason? India's replacement and upgrade market -- Rs 10,000-13,000 -- will no longer be the center of action in 2017 and

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Symphony Ltd buys Chinese manufacturer to enhance international play

World’s largest air cooler company, Symphony Limited has agreed to acquire Munters Keruilai Air Treatment Equipment (Guangdong), China, the Indian company said."MKE is a market leading brand in China, producing energy-saving and environment-friendly evaporative air coolers under brand Keruilai," said Symphony, a household name in India.MKE came into existence in

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WTO confirms reciept of US complaint against Chinese export incentives

The United States has filed a 'request for consultations' with China at the World Trade Organization regarding "certain measures that allegedly provide export-contingent subsidies to enterprises in several industrial sectors."The WTO said these sectors include textiles, agriculture, medical products, light industry, special chemical engineering, new materials, and hardware and building

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Huawei answers Xiaomi challenge with Honor Holly, Honor 6, T1, X1

Indians first got a taste of what low-cost marketing and production can achieve with the recent launches of Xiaomi Mi 3 and RedMi 1S.But now, one of the original price warriors of India's handset market and a fellow Chinese brand - Huawei, has taken on the challenge posed by

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