Motorola acquired the assets related to digital cable set-top products of Zhejiang Dahua Digital Technology Co and Hangzhou Image Silicon, known collectively as Dahua Digital.
Foreign investors must prepare to take a long-term view if they are interested in investing in the PRC real estate market, due to the central government's credit tightening, said Ashley Howlett, partner at Jones Day.
Despite the global credit crunch and the PRC's overheated economy, investor uncertainty will not extend to Asia, according to Merrill Lynch's analysis report.
Xinyuan Real Estate Co raised US$282 million from its IPO and New York Stock Exchange listing on December 12 2007, becoming the first China property developer to be listed in the US. Merrill Lynch was the sole bookrunner and lead underwriter.
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
Motorola acquired the assets related to digital cable set-top products of Zhejiang Dahua Digital Technology Co and Hangzhou Image Silicon, known collectively as Dahua Digital.