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BUSINESS
May 25, 1992 | From Associated Press
A Chinese company linked to the military has bought controlling interest in a Los Angeles-based glass corporation, an official newspaper reported Sunday. The China Daily said China Southern Glass Co. purchased 60% of the stock of Standard Glass Corp. of Los Angeles on April 27 as part of an effort to expand sales in the United States. Officials of Standard Glass couldn't be reached Sunday.
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BUSINESS
May 25, 1992 | From Associated Press
A Chinese company linked to the military has bought controlling interest in a Los Angeles-based glass corporation, an official newspaper reported Sunday. The China Daily said China Southern Glass Co. purchased 60% of the stock of Standard Glass Corp. of Los Angeles on April 27 as part of an effort to expand sales in the United States. Officials of Standard Glass couldn't be reached Sunday.
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BUSINESS
February 22, 1992 | DAVID HOLLEY, TIMES STAFF WRITER
The Shanghai stock market opened its doors a crack to foreign investors Friday for the first time since 1949, when China banished what it called the hated capitalist speculators. Share prices in the one company sold to outsiders surged from an opening bid equal to $72 per share to $92.20 by late morning before closing at $88.50. The B shares in Shanghai Vacuum Electron Device Co.
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