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  1. Outcry after rail official escapes execution

    Posted May 15th 2006, 12:00am by Cary Huang

    ... of the Railways Bureau in Wuhan, for hiring criminals to kill a person who revealed four years ago that he was corrupt. Liu, the 50-year-old younger brother of Minister of Railways Liu Zhijun, was also found guilty of embezzling public funds and accepting bribes. The case has sent shockwaves throughout the mainland's railway sector. In November, Liu Zhijun was quoted as saying he wanted ...

  2. Unusual fanfare as ex-premier pays high-profile visit to Shenyang

    Posted Jul 22nd 2006, 12:00am by Josephine Ma

    ... secretary Li Keqiang, governor Zhang Wenyue and railway minister Liu Zhijun during the three-day trip. Although former president Jiang Zemin and former premier Zhu Rongji have occasionally visited ... The lenient sentence sparked an outcry from mainland media and speculation in mainland online chat rooms and overseas political tabloids that Liu Zhijun's prospects had been tainted by his ...

  3. Mui Wo to undergo makeover

    Posted Nov 01st 2006, 12:00am by Yvonne Liu

    ... Planning Department wants to develop the area in southeastern Lantau into a historic rural township with leisure facilities A major makeover to increase the commercial value of Mui Wo on southeastern Lantau will be launched to attract more investment from ...

  4. Non-core assets to be sold

    Posted Jun 21st 2006, 12:00am by Yvonne Liu

    ... CLP Holdings and Hang Seng Bank plan to dispose of more non-core properties to cut maintenance costs and unlock one-time gains. The electricity utility had invited proposals from property agents about putting more of its non-core properties out to tender, ...

  5. Hunghom Peninsula to test price levels

    Posted Jun 07th 2006, 12:00am by Yvonne Liu

    ... New World Development and Sun Hung Kai Properties will launch former subsidised housing estate Hunghom Peninsula next month, with a target price higher than the secondary market price of private developments in the district. 'We plan to sell Hunghom ...

  6. Property sales slump cuts Shun Tak profit

    Posted Apr 25th 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Slumping property sales eroded net profit at Stanley Ho Hung-sun's Shun Tak (Holdings) by 24 per cent to $364.39 million last year. The result, down from 2004's $480.3 million, was due to a 74 per cent drop in operating profit of property sales and management to $146 million - down from $551 million in 2004. Most of the firm's completed developments had been ...

  7. Morgan Stanley venture wins Hang Seng tower

    Posted Apr 29th 2006, 12:00am by Peggy Sito, Yvonne Liu

    ... Alliance with property fund trumps seven rivals with highest bid of $2.1b A joint venture led by Morgan Stanley Real Estate Fund has won the tender for the 44-year-old Hang Seng Building in Central with the highest bid of $2.1 billion, according to source ...

  8. Mainland to use own technology for high-speed Beijing-Shanghai rail link

    Posted Mar 10th 2006, 12:00am by Bill Savadove

    ... was quoted as saying yesterday. 'We have already reached a consensus on the issue. The high-speed railway line will be fully based on our own technology,' Liu Zhijun told the China Daily. ... those reports. A Shanghai newspaper reported the maglev equipment would be domestically produced, even though the technology was developed in Germany. In January Mr Liu said the central ...

  9. Beijing issues new regulations to curb nepotism among senior cadres

    Posted Aug 07th 2006, 12:00am by Josephine Ma

    ... of a government department which has power to oversee that company,' it states. A well-known case of suspected nepotism was that of Liu Zhixiang, former deputy director of the Wuhan Railway Bureau. Liu, the brother of railway minister Liu Zhijun, was convicted of embezzling 40 million yuan and hiring a hitman to kill the whistle-blower who tried to expose his crimes. He received ...

  10. In Brief

    Posted Jan 10th 2006, 12:00am by Staff Reporter

    ... using magnetic levitation technology because of the expense, the newspaper said. Minister of Railways Liu Zhijun said at a meeting last Friday that the project would be the first priority ...




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