The small-sized electrical machinery maker raised the money from CITIC Bank, a major commercial lender in China, at an interest rate of 2.75 percent, which largely reduced its financing costs. Having faced cash strains since resuming work in mid-February, it finally solved the fund shortage in the purchase of raw materials, Lu said.
The source added that as a result, the investors' position would be lower than 5 percent, and so not subject to the regulation. This requires them to disclose detailed information 15 days in advance of a block trade, and buyers must not transfer the shares for six months.
The slandering of new measures unveiled by the Chinese mainland to benefit Taiwan residents exposed the island authorities' dark psychology of antagonizing the interests of Taiwan compatriots, the State Council's Taiwan Affairs Office said on Monday.
The spokesperson called on the public to review its stance on external interference in Hong Kong affairs. Although Hong Kong is a highly international city, it should not take a vague stance on matters concerning national interests, which brook no ambiguity, the spokesperson said.
The steep slope and high plant density on the mountain has made it difficult for scientists to survey the slope and detect signs of movement. The lack of information meant that there was no warning before the slide that took place on Saturday at around 5:40 am. It buried 62 homes, killed 10 people and left 93 people missing as of Sunday afternoon.
The status of Palestine remains the "root issue" of the Middle East despite other issues that have been popping up in the region, he said.
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The statement came a day after former chief executive Leung Chun-ying slammed Vice-Chancellor of the Chinese University of Hong Kong Tuan Sung-chi for saying he would condemn alleged police brutality if it's confirmed.
The slight downward trend comes from government efforts to rebalance the economy in pursuit of better quality and efficiency, including destocking, deleveraging and property curbs, according to Ren Zeping, chief economist at Founder Securities.
The statement said the violent demonstrations in the past two months have severely undermined Hong Kong's rule of law and the city's overall interests. The protests have also harmed the SAR's global image and hurt the feelings of mainland compatriots in Hong Kong.
The sixth national population census of 2010 found there were 8,659 Oroqen people in China, mainly living in Heilongjiang and the Inner Mongolia autonomous region. About 3,900-45 percent of the total-were in Heilongjiang.