Hengdeli Holdings Ltd., the Chinese retail partner of Swatch Group AG, agreed to buy control of a watch seller in Nanchang, capital of the eastern province of Jiangxi, for 469.5 million yuan ($77.3 million).
Tin production is rising in Democratic Republic of Congo’s eastern province of Maniema, according to an industry group that introduced a program for tracing the source of metal mined in the war-torn country.
Saudi Arabia’s proxy war against Bashar al-Assad is popular among a mostly Sunni Muslim public enraged by the killings of their co-religionists in Syria. Among the kingdom’s Shiite minority, many worry that the anger will eventually be directed toward them.
Huishang Bank Corp., a lender in China’s eastern province of Anhui, secured as much as $102 million of investments from billionaire Cheng Yu-tung and other wealthy individuals in its Hong Kong initial public offering.