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  1. Mainland firm sues over joint venture

    Posted Dec 17th 2008, 12:00am by Staff Reporter

    ... Peter Brieger ATV Enterprises is being sued by a Dongguan company that alleges it owes 15 million yuan (HK$17 million) in payments stemming from a joint venture agreement. In a writ filed ... it is filing the lawsuit to recoup a 'guaranteed minimum dividend' that ATV Education was to have paid in 2002 and 2003 under the pair's joint venture pact. ATV Enterprises ...

  2. AirMedia plans joint ventures to secure growth

    Posted Aug 12th 2008, 12:00am by Sherman So

    ... Sherman So AirMedia Group, which operates the largest digital media network at mainland airports and aboard aircraft, plans to set up more joint ventures and secure long-term contracts to address investor worries about sustaining its triple-digit growth. 'We are forming joint ventures with airports and airlines so that our contracts can secure our concession rights in the long ...

  3. Great Wall gives up Russian joint venture

    Posted Nov 18th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Great Wall Motor, the mainland's largest maker of sport-utility vehicles and pick-ups, and its Russian partner have decided to dissolve their joint venture because ... venture, Great Wall Alabuga Motor Open Joint Stock, planned to build a plant to make Great Wall Motor vehicles in 2005. 'But the long-awaited tax concessions by the Russian government ...

  4. Academic offers pointers for joint ventures in China

    Posted Sep 09th 2008, 12:00am by Staff Reporter

    ... How does one adapt a joint venture in China to new market dynamics and turn its business around? Marcus Schutz will address this topic in a lecture at the Oxford-HKU programme in corporate ... the outdated business model of the joint venture in the face of fierce competition. During the lecture, the professor will discuss what went well in the programme, providing insight into what methods ...

  5. Peugeot-Dongfeng joint venture cuts workforce 10pc

    Posted Nov 06th 2008, 12:00am by Kandy Wong

    ... was under pressure. Volkswagen China, the biggest overseas carmaker in the country, said last week that the 'worst may be yet to come'. The firm, a joint venture with SAIC Motor Corp, ... Kandy Wong French carmaker PSA Peugeot has cut about 10 per cent of the workers in its mainland manufacturing venture with Hubei-based Dongfeng Motor amid falling sales. The venture laid ...

  6. Fiat and Chery driving towards joint venture

    Posted Apr 19th 2008, 12:00am by Kandy Wong

    ... joint venture, a source said. Jack Cheng, vice-president and chief procurement officer for Fiat China, said his company was negotiating with Anhui-based Chery to set up a joint venture. He ... to turn around its business in the fast-growing mainland market. Chery is one of the few mainland carmakers without a global partner. Besides the expected joint-venture deal with Fiat, Chery also ...

  7. Digital China launches 2b yuan joint venture

    Posted Oct 29th 2008, 12:00am by Martin Zhou

    ... Martin Zhou in Suzhou Digital China Holdings, the mainland's largest information technology product and service provider, yesterday launched a joint venture in a strategic shift ... Park Ventures and Infinity I-China Investments of Israel, which have combined for a 19.5 per cent stake through a joint 400 million yuan capital injection. The alliance between Singapore Suzhou ...

  8. HKMC to set up Shenzhen mortgage insurance joint venture

    Posted Jul 09th 2008, 12:00am by Staff Reporter

    ... Maria Chan The government-run Hong Kong Mortgage Corp (HKMC) will set up a joint venture with a subsidiary of the People's Bank of China in Shenzhen to provide mortgage insurance ... and experience in mortgage insurance that they can apply in other markets,' he said. Previously, the mortgage agency established a 50-50 joint venture in Malaysia with Cagamas, the national mortgage ...

  9. China Southern in cargo joint venture

    Posted Apr 22nd 2008, 12:00am by Charlotte So

    ... Charlotte So China Southern Airlines, the largest mainland airline by passenger volume, will establish an air cargo joint venture with Air France/KLM. 'The joint venture will be registered by the end of this year,' Liu Shaoyong, the chairman of the Guangzhou-based carrier, said yesterday at a press conference. He said the venture would be based either in Guangzhou ...

  10. Chery secures approval to form car-financing joint venture

    Posted Jun 24th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Anhui-based Chery Automobile has become the first mainland carmaker to receive regulatory approval to set up a joint-venture car-financing arm, which it will capitalise at 500 million yuan (HK$567.8 million). Chery, the country's fourth-largest carmaker, will hold 80 per cent of the venture. Huishang Bank in Anhui will hold the remaining stake, according to Jin ...




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