Beijing, 17th October: Hong Kong-listed, HC International (HC) announced on Friday that the company has agreed to form two new joint ventures with Dun & Bradstreet International (D&B).

HC is a mainland B2B media company with various businesses including an online sourcing portal, trade catalogues and yellow page directories. HC will hold a 40% stake in one of the new companies and a 70% stake in the second. Although the details are unclear at this time, according to HC’s announcement to the Hong Kong Stock Exchange, the two new joint ventures will provide “market research solutions.”

Source:  Hong Kong Stock Exchange announcement

BIIA Newsletter October 2008 Issue