Ping An Insurance (Group) Co Ltd bought 6.356 million shares from Japanese pharmaceutical company Shionogi Inc as a move to expand into the healthcare sector. The 2.18 billion yuan (33.53 billion yen) deal will make Ping AN, The seventh-largest shareholder of Shionogi Inc. Founded in 1878, it is a leading pharmaceutical company in Japan dedicating […]
Archives for April 2020
CRRC taps new frontiers for success in overseas markets
China Railway Rolling Stock Corp, the largest rolling stock manufacturer by production volume in the world, will expand its presence in nine areas, including wind power equipment, industrial robots, and polymer composites, to enrich its core competence in the global arena, a top company executive said on Monday. Hiring a senior executive? Trust Cornerstone International […]
Could the Coronavirus Cloud Have a Silver Lining?
It is said that every cloud has a silver lining. It may be hard to find right now in the Coronavirus cloud, but new opportunities arise in all crises. Perhaps this pandemic will help organizations around the world to further value the importance of digital transformation of processes, investment in training their leaders and bringing […]
Boehringer Ingelheim will open the first overseas digital lab in Shanghai
Boehringer Ingelheim, Germany-headquarter pharmaceutical company Boehringer Ingelheim announced on Monday it will open the first branch of its digital lab BI X outside Germany in July at Shanghai, a city the company believes is an emerging start-up hub in China. The concept of BI X is using digital innovation to accelerate the development of healthcare […]
McDonald’s, KFC chicken supplier shows how Chinese firms with the best digital, online game have weathered the coronavirus storm
A survey by the Hupan School of Entrepreneurship showed companies with the best digital and online capabilities have weathered the crisis most effectively. When the lockdown took restaurants out of the picture, GMK turned to external online channels such as Freshippo, widely known as Hema, and other fresh food convenience stores with delivering services. Experts […]
Tycoon Group plans Hong Kong IPO with health care flavor as firm adds masks, disinfectant to product offerings
Tycoon Group Holdings, a seller of health supplements and skincare products, launched its initial public offering (IPO) in Hong Kong after recently adding “anti-epidemic” products like surgical masks to its portfolio amid the coronavirus outbreak. The firm is offering 192.4 million shares for sale globally through April 3, with 19.2 million for Hong Kong investors […]