China Merchants Heavy Industry (Jiangsu)
Scope
Date
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Logistics
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese l...
Mar 03, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation
South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an...
Mar 02, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy hires Korea Investment, 4 others as IPO managers
South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...
Mar 02, 2021 (Gmt+09:00)
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Pre-IPOs
KKR signs $580 mn share purchase of Hyundai Heavy’s A/S arm
KKR & Co. signed a definitive agreement on Tuesday to buy a stake in Hyundai Global Service Co. from Hyundai Heavy Industries Holdings Co. for 6...
Feb 23, 2021 (Gmt+09:00)
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Batteries
Korea’s EV battery trio controls half of global market ex-China
South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...
Feb 17, 2021 (Gmt+09:00)
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Foldable displays
Global folding screen market to explode as Samsung set to supply to China
Samsung Display Co., a leading South Korean display panel maker, will supply foldable displays to select smartphone makers in China amid industry fo...
Feb 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Heavy seals $757 mn stake purchase in Doosan Infracore
South Korea’s Hyundai Heavy Industries Holdings Co. signed a definitive agreement on Friday to buy a controlling stake in Doosan Infracore Co....
Feb 05, 2021 (Gmt+09:00)
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Korean stock market
Hyundai Heavy announces 5-for-1 share split, 2020 operating loss
Hyundai Heavy Industries Holdings Co. on Thursday announced a five-for-one share split after reporting an operating loss in 2020 due to weak shipbui...
Feb 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Mando acquires JV to boost footing in autonomous vehicle industry
South Korea-based Mando Corp. is set to acquire electronic auto parts maker Mando-Hella Electronics Corp. in a deal valued at 165 billion won ($148 ...
Feb 03, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung hunts for top talent amid chip industry hiring war
Semiconductor giant Samsung Electronics Co. is looking for top talent amid an industry-wide push to recruit high-skilled workers to capitalize on th...
Feb 03, 2021 (Gmt+09:00)
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Investment Fund
SK, China’s Geely eye investment fund for hydrogen, eco-friendly business
South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...
Jan 27, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy plans IPO this year; valuation to approach $4.5 bn
South Korea-based Hyundai Heavy Industries Co. is planning a trading debut this year, with the proceeds marked for future growth engines to power th...
Jan 26, 2021 (Gmt+09:00)
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Bioplastics
S.Korean chem firms hasten shift to bioplastics amid China's plastic ban
South Korea’s chemical industry is in crisis mode as China declares war on plastics, likely to deliver a heavy blow to Korean companies that b...
Jan 25, 2021 (Gmt+09:00)
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Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company ...
Jan 21, 2021 (Gmt+09:00)
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Batteries
Hyundai inks deal to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...
Jan 15, 2021 (Gmt+09:00)
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Steel
Dongkuk Steel wows industry with color steel plates, earnings surprise
GAMMANDONG, BUSAN -- The global steel industry underwent an unprecedented slump in 2020, with demand from the shipbuilding and automobile industries...
Jan 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SKC in talks to sell stake in PET film-making China unit
SKC Ltd. of South Korea’s SK Group is in negotiations to sell a stake in its polyester (PET) film unit in China, which it values at 150 billio...
Jan 07, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Korean games
S.Korean game industry boasts strong growth; set to exceed $16 bn
South Korea’s game market size is projected to exceed 18 trillion won ($16.6 billion) this year, driven by game enthusiasts who have remained ...
Jan 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai-Daewoo shipbuilding merger wins China approval, awaiting EU
China has granted unconditional approval of the world’s largest shipbuilder Hyundai Heavy Industries Group’s acquisition of hometown riv...
Dec 28, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea maintains global lead in shipbuilding industry
Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...
Dec 27, 2020 (Gmt+09:00)
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Food & Beverage
Bibigo mandu sets milestone in Korean food industry
South Korea's food and beverage giant CJ CheilJedang Corp. has become the first domestic food company to have a single item pull in over 1 trill...
Dec 22, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hanjin Heavy set for sale to Dongbu-led consortium
A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...
Dec 22, 2020 (Gmt+09:00)
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Energy
Doosan Heavy clinches $562 mn Guam power plant deal
Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...
Dec 21, 2020 (Gmt+09:00)
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Korean games
Neptune rises as dark horse in global game industry
A South Korean game company is hoping to shake up the global game landscape with its latest title, Eternal Return: Black Survival, a PC game that ...
Dec 17, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy hits jackpot again, clinches $915 mn ship orders
South Korea's major shipbuilding companies are on a winning streak, securing lucrative contracts to build liquefied natural gas (LNG) carriers, Ve...
Dec 16, 2020 (Gmt+09:00)
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EV Batteries
SK Innovation partners with EVE to launch third battery plant in China
South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...
Dec 15, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Three Korean consortiums in final bid for Hanjin Heavy
South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...
Dec 14, 2020 (Gmt+09:00)
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Energy
LG Chem to power Wuxi plant with renewable energy bought from China
South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...
Dec 14, 2020 (Gmt+09:00)
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Markets
Seoul shares tipped to benefit from global indices' China exclusions
Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...
Dec 13, 2020 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer