The company’s conference call with analysts begins at 2 p.m., available for streaming here. Here’s the full release from the company in the meantime.
The company will further explore resource potential by improving its offshore gas transmission pipeline network and optimizing the energy mix to safeguard China's energy security and gas field construction in the area, said CNOOC Chairman Yang Hua.
The company's Asia-Pacific commercial director, Cameron Hume, said China's relaxed foreign exchange controls, increasing number of outbound Chinese travelers, and Shanghai's position as a global financial center are the major reasons to place the firm's regional headquarters in the city.
The company said that, over the past 10 years, the number of sightseeing buses has increased from 10 to 23, while the number of traveling routes has risen from two to four.
The company's "Star Wars" sets are selling well and this month's movie release based on its "Ninjago" line could have kids asking for Lego toys again.
The compilation of personality rights in a separate volume is a major development and innovation in democratic legislation and the civil code. It will help deepen the legal protection of personal dignity and individual rights, said Shi Jiayou, professor at Renmin University of China and executive director of the National Research Center of Civil and Commercial Law, speaking to China Global Television Network.
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The company is determined to introduce more cultural works from abroad while introducing more Chinese performances to foreign audiences, Xu said.
The company’s stock is up almost 2-and-a-half percent in after-hours trading. Shares of the company are up 18 percent this year.
The company plans to list on the Nasdaq stock market under the symbol DADA. However, no pricing terms were disclosed. Goldman Sachs (Asia), BofA Securities, and Jefferies are the joint underwriters on the deal.
The company said that between March 20 and April 30 it offered free engine oil to a total of 10,884 assisting medical professionals.