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 […]
Category Archives: News
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 […]
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Raising profile of processed food brands the key to growth in a market where a growing middle class wants more quality. CP Vietnam is gearing up to expand its business more with a focus on food processing from live animals, as it reaffirms its optimism about the Vietnamese economy despite the difficulties seen in 2012. […]
The Department of Agriculture and the Board of Investments will meet with stakeholders from the local poultry, hog, and feeds industry this week to discuss the BoI’s granting of incentives to Thai firm Charoen Pokphand Foods Philippines Corp. The move has been criticized by local hog and poultry raisers and feed producers as being detrimental […]
As one of the largest aquafeed producers in Indonesia, Central Proteinaprima (known by the abbreviation of CP Prima) a company of Charoen Pokphand Group continues to expand. Not long ago in Jakarta, president director of CP Prima, Mahar Sembiring Atanta revealed that the company is building a new aquafeed plant in Lampung province. “The construction […]
CP Vietnam Corporation, a unit of the SET-listed Charoen Pokphand Foods Plc (CPF), will beef up expansion into food processing from live animals to cater to demand from that country’s growing middle class. “In the foreseeable future, the group’s business here will focus more on food processing and ready-to-eat food, while brands and marketing will […]
BUY 2nd half 2012 overall look of CPV still not bright but growth seen in long term Charoen Pokphand Food Plc (CPF) Abundant business opportunities in CPV… focusing on feed and food According to the visit of CP Vietnam Corporation or CPV in Vietnam (CPF) holds both direct and indirect stake at 82% in total), […]
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 […]
Laos presents huge trade and investment opportunities for Thailand thanks to its lavish natural resources, but the Thai side will have to do more to strengthen bilateral ties if it wants to benefit fully, said Thai Ambassador to Vientiane Wiboon Khusakul. Thai companies that have invested in the country include Mitr Phol Sugar Group, which […]