Client News

Sky-mobi Ltd., operator of China’s largest mobile application store by sales, forecast revenue will rise 50 percent next fiscal year as China’s adoption of third- generation services boosts demand for smartphones.

The Nasdaq-listed company “has good confidence” revenue will rise to more than 1 billion yuan ($152 million) in the fiscal year ending March 31, 2012, Chief Financial Officer Carl Yeung said in a phone interview from Hong Kong today. That compares with estimated revenue of up to 669 million yuan for the fiscal year ending March 31, 2011, he said.

By Tammy Whitehouse — August 31, 2010 

By Bloomberg News - Aug 5, 2010 China Gerui Advanced Materials Group Ltd., a specialty steel producer, is “very optimistic” about demand for its products as domestic consumption grows along with wages, according to Chief Financial Officer Edward Meng.

Gerui aims to double its production capacity to 500,000 tons a year by December 2011 and increase its chromium-plating capability to 250,000 tons to meet increased demand, Meng said.

by Terry Wang

China's demand for clean energy has already created enormous personal wealth in the photovoltaic and wind power equipment manufacturing sectors. Burgeoning sectors such as biodiesel have yet to match up, but a few companies are hopeful that the sector will provide prodigious returns down the pike. William Chen, chief financial officer (CFO) of China Clean Energy Inc., speaks with Interfax about his company's current and future biodiesel business development plans.

By Zack Buckley

NEW YORK--George Wung, CFO of China Yida Holding, stops by to explain how the diversified entertainment company plans to become the "Disney of China," how it is taking advantage of China's current tourism trends and how he expects the company to grow in the future.

As investors try to tap China's growing consumer market, domestic tourism is a lesser known segment but one of the fastest growing.

January 19, 2010 -- China Gerui Advanced Materials Company (CHOP) celebrated the company's listing at NASDAQ Stock Market. Mr. Mingwang Lu, Chairman and CEO of the company, rang the Opening Bell at NASDAQ MarketSite in New York City.

Mr. Fengbin An, Chairman and Chief Executive Officer of Andatee China Marine Fuel Services Corporation (NASDAQ: AMCF), rang the Opening Bell at NASDAQ on Jan. 26, 2010.

TAIYUAN, China, Dec. 18 -- Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China, and one of the few coal mine consolidators appointed by the Shanxi Provincial government, today announced that the Company's subsidiary, Shanxi Puda Coal Group, Co., Ltd ("Shanxi Coal"), entered into coal mining rights and mining assets transfer agreements with Pinglu County Da Wa Coal Industry Co., Ltd ("Da Wa Coal") and Pinglu County Guanyao Coal Industry Co., Ltd. ("Guanyao Coal") on December 11, 2009, respectively.