Fubon Financial Holdings is considering opening 200 branches in Fujian province. The Taiwan-based company cited improved relations with the mainland as a justification for the move. Fubon is also interested in possible mergers and acquisitions in China’s fund management industry. Fubon President Victor Kung said that the firm plans to apply for a fund management [...]
Airbus and China’s CDB Leasing have agreed to cooperate on aircraft leasing and financing projects over five years. Airbus said CDB Leasing would provide up to $4 billion in financing for airlines over five years according to a memorandum of understanding signed by the two companies. CDB Leasing will provide financing for all Airbus aircraft [...]
Beijing Automotive Industry Holding will present a detailed bid to General Motors (GM) for its Opel unit in Europe within a few days. Beijing Automotive held discussions with beleaguered GM over the Opel unit last week and is currently working out details for a bid. However, GM in May signed a memorandum of understanding to [...]
