* To spend up to $218 mln on new stores, warehouse * Plans to seek licence for China later this year * Will apply to open outlets in Myanmar, Laos, Cambodia * Shares down, but outperforms over past 12 months (Adds details) By Saranya Suksomkij BANGKOK, Jan 30 (Reuters) – CP All, Thailand’s largest convenience […]
Category Archives: CP China
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The Thailand-based Charoen Pokphand Group (CP Group) has bought HSBC’s shares in Ping’an Insurance Co., replacing the latter as the insurer’s largest stock holder. The China Insurance Regulatory Commission on Friday gave the go ahead for CP Group to buy all of HSBC’s stakes in Ping’an, or 15.57 percent of stock in the country’s second-largest […]
People with a passing interest in Chinese finance are likely familiar with both HSBC (Hong Kong Shanghai Banking Corporation) and Ping An Insurance – two of the three companies involved in a deal that is currently waiting approval from China’s insurance regulators. HSBC plans to sell their 15 percent stake (which is worth almost $10 […]
Chia Tai Group, an investment holding company of Thailand’s Charoen Pokphand Group, has announced construction of two grandparent egg breeder, two parent egg breeder, and two hatching facilities, in China’s Henan province. The total amount of investments is estimated to add up to €18.7 million. The project is currently underway in Fangcheng County, Nanyang City […]
SHANGHAI: Chia Tai Group of Companies is now focusing on expanding its food business, especially ready-to-eat and fast-food meals, in China over the next three to five years. Thanakorn Seriburi, Vice Chairman of Chia Tai Group – as Thailand’s CP Group is widely known in China – said the Chinese food business had a lot […]