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  • July 30, 2014
  • Last updated: 4:54am
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  1. Business - Companies

    Microsoft in China games joint venture

    Posted Sep 26th 2013, 12:00am by BLOOM

    ... Bloomberg in Tokyo Microsoft in China games joint venture Microsoft is forming a video-game venture with a Chinese company to capitalise on proposed free-trade rules that would end a 13-year ban on foreign firms selling consoles on the mainland. The US firm and BesTV New Media, a subsidiary of Shanghai Media, formed a US$79 million gaming venture, BesTV announced ...

  2. Business - Companies

    Air China and Cathay Pacific inject 2b yuan into cargo venture

    Posted Jun 27th 2014, 01:04am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Air China Cargo gets top-up of 2b yuan Air China Cargo, a joint venture between Air China and Cathay Pacific since 2010, will see its registered capital ... net loss of 349 million yuan in 2013. Andrew Orchard, an analyst at CIMB securities, said the magnitude of the capital injection was significant. "The joint venture was not doing so well. ...

  3. Business - China Business - MUTUAL FUNDS

    China Life aims high with AMP joint venture

    Posted Sep 03rd 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com China Life aims high with AMP joint venture China Life, the nation's largest insurer, aims to grow a new joint venture into a "significant market ... with Australia's top fund house, AMP Capital, to form joint venture fund house China Life AMP Asset Management, AMP said in a press release issued yesterday. The two parties will invest a total of 588 ...

  4. Business - Companies - FOOD

    Mengniu, Danone's China yogurt joint-venture terms reveal distrust

    Posted Aug 14th 2013, 12:00am by Toh Han Shih

    ... contract reveals mutual distrust The terms of a yogurt joint-venture between China Mengniu Dairy and Danone reflect the mistrust between two parties, analysts say. Hong Kong-listed Mengniu ... that it is very aggressive in taking control of businesses. Danone has a bad track record with joint ventures in China Nomura analyst Emma Liu "There is distrust between Mengniu and Danone," ...

  5. Business - Companies - ENERGY

    PetroChina seeks non-state allies for joint ventures

    Posted Aug 22nd 2013, 05:11pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Oil and gas giant looks to co-investments with private enterprises and foreign firms after its joint-venture experience with asset managers PetroChina seeks non-state allies PetroChina, the country's largest oil and gas producer, will seek further co-investments in projects with private enterprises and foreign firms after forming a joint venture ...

  6. Business - Companies

    BMW joint venture helps Brilliance lift profit 52pc

    Posted Aug 14th 2013, 12:00am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com BMW joint venture helps Brilliance lift profit 52pc Brilliance China Automotive, the Chinese partner of German carmaker BMW, posted a 52 per cent rise in first-half profit from a year ago, driven by increased profit contribution from its joint venture BMW Brilliance as sales boomed. The Shenyang-based carmaker's profit ...

  7. Business - Companies

    Dongfeng, Renault to set up US$1.8b joint venture

    Posted Jul 08th 2013, 03:16pm by AFP

    ... Agence France-Presse in Shanghai Ambitious Chinese carmaker Dongfeng Motor and France’s Renault may sign a deal this month for an 11 billion yuan (HK$13.8 billion) joint venture after ... in the Sanjiang-Renault project in June and the new joint venture will be based in the central city of Wuhan, said the source. The Wuhan project is expected to start production of mainly sports utility vehicles ...

  8. News - Hong Kong - IN THE SPOTLIGHT

    Why US spies wanted to tap Reach, PCCW-Telstra cable joint venture

    Posted Jul 14th 2013, 12:00am by Lana Lam

    ... a joint venture called Reach, which created a broad and powerful submarine communications network across the Asia-Pacific region. Through Reach, the companies owned a network stretching more than ... of the communication. PCCW insists any agreements under the Reach joint venture do not affect its Hong Kong customers. lana.lam@scmp.com ...

  9. Business - Companies - TECHNOLOGY

    Sharp forms joint venture with state-owned China Electronics Corp

    Posted Jun 28th 2013, 12:00am by Reuters

    ... Reuters in Tokyo The US$2.9b deal involves setting up an LCD plant and Japanese group licensing technology Sharp forms joint venture with Chinese state firm Sharp, a leading suppler ... to license its advanced power-saving IGZO screen technology. The new venture will be 92 per cent owned by CEC, which supplies equipment to China's military. The venture will set up a liquid ...

  10. Business - Companies - INSURANCE

    French insurer AXA grows in China with partnerships, joint ventures

    Posted Jun 25th 2013, 12:00am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com French insurance giant sees huge prospects in Chinese market and wants to expand there through acquisitions and joint ventures AXA seeks ... environment offers many opportunities for acquiring new clients and talents, to which the group is particularly attentive," he said. Both partnerships and joint ventures would be used ...




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