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LexElectric vehicles
China/Geely: high-end electric cars pose challenge to European rivals Premium content
...Ningbo-based Zeekr has announced its first electric sports car, priced above RmbB1mn ($140,000). The EV brand from private car conglomerate Geely has a good shot at going global....
August 10, 2023
Batteries
Korea Inc’s big battery bet on Indonesia at risk from US restrictions
...Posco, whose chemicals subsidiary has a $33bn supply agreement with Korea’s other battery major, Samsung SDI, signed a preliminary agreement in February with Chinese mining firm Ningbo Liqin to produce nickel...
June 1, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Bank of East Asia Ltd
Bank of East Asia downplays concerns over executive’s arrest
...The bank’s Ningbo branch was fined another Rmb300,000 this April for violating credit risk management rules and allowing the embezzlement of development loans to property developers....
September 14, 2022
News in-depthChinese business & finance
Rogue tycoon shareholders spur China financial sector clean-up
...Hu Kaijun, an entrepreneur who controls two listed drug companies, owned a large stake in Ningbo Donghai Bank....
July 22, 2020
Inside BusinessHenny Sender
Landscape is shifting for Hong Kong’s bloated property giants
...When millions of immigrants arrived in the wake of the 1949 Communist victory in the Chinese civil war, the wealthiest of the new residents were industrialists from the eastern cities of Shanghai and Ningbo...
November 5, 2019
Retail & Consumer industry
Shipping container developments offer lifeline to small businesses
...“It’s a market place out there,” said Mr Winch. “Everybody has to up their game.”...
August 28, 2018
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
European companies
Chinese auto supplier in €772m takeover bid for German rival
...Chinese auto parts maker Ningbo Jifeng is in talks to buy German automotive supplier Grammer in a €772m deal that marks the latest Chinese foray in a series of controversial bids to acquire technology in...
May 29, 2018
Companies By Region
HNA bank accounts temporarily frozen in Chinese bank dispute
...Ningbo is an eastern port city near HNA’s ship-building operations....
January 25, 2018
News in-depthThe Big Read
China’s relentless export machine moves up the value chain
...JDMachine in the eastern city of Ningbo exports machines used to make air-conditioning units for cars to automotive parts makers in Europe and the US, generating more than $100m in foreign sales last year...
September 23, 2018
IPOs
Acquisition-hungry HNA shows new signs of financial distress
...But it said it would “invite co-operation” from other commercial enterprises for the redevelopment of the former Haikou airport next to HNA’s Buddha-shaped headquarters and the newly constructed Hainan provincial...
January 25, 2018
News in-depthShipping
Cosco takeover of Orient Overseas affirms China’s trade ambitions
...The sale of OOIL to a Chinese state-owned company underlines how Hong Kong, a semi-autonomous territory, is being eclipsed by the mainland, with the ports of Shanghai, Shenzhen and Ningbo already shipping...
July 10, 2017
Mergers & Acquisitions
Cosco Shipping profits sink 12% in H1
...The fall was partly due to decreased traffic at terminals in Hong Kong, the Suez Canal and Ningbo, which saw respective year-on-year falls of 17.4 per cent, 20.8 per cent and 33.4 per cent....
August 24, 2016
Mergers & Acquisitions
Vanke H1 results detail fallout from ownership battle
...Vanke said products with lower gross profit from the cities of Changsha, Hangzhou, Wuxi, Shenyang, Chongqing, Ningbo and Xi’an – those hit hardest by market downturn in 2014 – were booked in the first half...
August 22, 2016
Insurance
Rise of Wu Xiaohui, Anbang’s low-profile, high-octane chairman
...That vaulted Anbang to first among insurers, above the likes of China Life and People's Insurance Co of China, which far outstrip Anbang in terms of premiums....
March 15, 2016
FT Magazine
The Alan Yau factor: Wagamama to Park Chinois
...Opens November. 67 Pall Mall, London, SW1Y 5ES, 020 3000 6767, 67pallmall.co.uk Photographs: Niall McDiarmid...
October 9, 2015
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
FT Magazine
Barometer: Lime Wood, Hampshire
...Hotel rooms from £140, lodges £170; three-choirs-vineyards.co.uk Caroline Daniel is editor of FT Weekend. She was a guest of the hotel Photograph: Paul Winch-Furness...
April 24, 2015
Commodities
China funds bring Chaos to metals markets
...Shanghai Chaos Investment Co is one of a coterie of funds exercising a growing impact on global metals markets, where the price of everything from aluminium drinks cans to lead batteries is set....
January 15, 2015
US & Canadian companies
Asian component makers take slice of Apple’s iPhone spoils
...Meanwhile shares in Ningbo-based Sunny Optical, which supplies camera modules to the likes of Xiaomi and Lenovo, have doubled in the past year....
May 17, 2015
FT Confidential Research
O2O grows strongly in key Chinese services Premium content
...Meituan last year became the co-distributor of Breakup Buddies, a comedy in which Alibaba invested....
June 16, 2015
The Monday Interview
How a photographer became China’s answer to Henry Ford
...Similarly, a second factory in Ningbo in 2000 produced “very poor product, poor quality”....
April 6, 2014
beyondbricsMarkets
Gloom deepens for China property developers
...These episodes follow the distress at Zhejiang Xingrun Real Estate, a developer based in the coastal city of Ningbo, which was on the brink of bankruptcy in March....
May 9, 2014
FT AlphavilleDavid Keohane
China’s leaning towers
...In Xuzhou, Changzhou, and Ningbo, as well as Hangzhou, we generally found asking prices down by 20-30% and transactions very slow....
May 6, 2014
Middle East protests
Shanghai fuel protests unnerve Beijing
...“But what I don’t know is whether truckers in Ningbo or Tianjin might see this example and be inspired to follow it.”...
April 22, 2011
FT Magazine
BP: The case of the century
...On his boat, fixing a winch so he can get back to work, Barisich reaches for another gambling metaphor. “It’s a big game of poker,” he says....
February 24, 2012
Property sector
China lures once-shy Japanese developers
...Mitsui Fudosan is jointly developing the shopping centre in Ningbo with two Chinese and two Japanese partners....
August 10, 2010

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