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  1. News - China

    Not-so-lucky Shanghai Mobile user in battle over reclaimed 888 number

    Posted Dec 13th 2012, 01:32pm by Amy Li

    ... Amy Li Many Chinese like to believe having 8s and 6s in their phone numbers will guarantee good luck, but for a Shanghai Mobile customer, triple 8s have brought him nothing but trouble. Allen Xu has used one phone number for the last 10 years: 13917200888 ...

    http://www.scmp.com/news/china/article/1104358/not-so-lucky-shanghai-mobile-user-battle-over-reclaimed-888-number
  2. What's happening and where

    Posted Oct 30th 2004, 12:00am by Staff Reporter

    ... companies are looking abroad for talented personnel to fill the void. State-owned firms open doors to all comers Applying for top positions at state-owned enterprises will eventually become ... into the Chinese job market. The commission threw open 23 positions at 22 state-owned companies to all comers earlier this year, which attracted more than 900 applicants, Xinhua reported. Demand grows ...

    http://www.scmp.com/article/476052/whats-happening-and-where
  3. Business - Banking & Finance - BANKING

    Shanghai allows city-owned firm to buy bad loans from local banks

    Posted Mar 07th 2014, 02:40pm by Reuters

    ... and industries suffering from overcapacity being a key source of concern. Unlike the two provinces, Shanghai had authorised an existing state-owned firm, Shanghai State-owned Assets Operation, to buy ... State-owned Assets already owns equity in local banks, including Bank of Shanghai and Shanghai Rural Commercial Bank, and Guotai Junan Securities. The central government established four national ...

    http://www.scmp.com/business/banking-finance/article/1442573/shanghai-allows-city-owned-firm-buy-bad-loans-local-banks
  4. Business - China Business - MR. SHANGKONG

    Faith can go on its merry way, but get the festive spirit and shop

    Posted Dec 23rd 2013, 04:47am by George Chen

    ... government departments and major state-owned enterprises in the city that they should refrain from big spending in holiday celebrations. How big is big? Is to print some holiday greeting cards ... on the mainland. But in the mainland media, the Christmas story is somehow restricted, especially in the top-tier state-owned media organisations. I did a quick keyword search on the official Weibo pages ...

    http://www.scmp.com/business/china-business/article/1388588/faith-can-go-its-merry-way-get-festive-spirit-and-shop
  5. Business - Banking & Finance - BANKING

    Bad loans rise sharply in Shanghai bank sector

    Posted Jun 21st 2013, 12:00am by George Chen

    ... to state-owned enterprises that were in better financial health, said the sources. Bad loans rise sharply in Shanghai bank sector ... branches of 10 of the biggest state-owned banks and some foreign banks with China headquarters in Shanghai, to "help each other" in the wake of the growing bad loan problem, said a banker ...

    http://www.scmp.com/business/banking-finance/article/1265370/bad-loans-rise-sharply-shanghai-bank-sector
  6. Railway Materials' IPO sends investors to exits

    Posted Jul 10th 2012, 12:00am

    ... are set to hit the weak market as Beijing accelerates listings by state-owned enterprises. Still, the steel supplier and logistics company has trimmed the size of its offer from a previous plan ... caved in to the pressure from the central government leaders, who are determined to support cash-hungry state-owned companies. 2.77b China Railway Materials says it will probably sell no more ...

    http://www.scmp.com/article/1006389/railway-materials-ipo-sends-investors-exits
  7. Business - China Business - PROPERTY

    Shanghai offices nudge Hong Kong prices

    Posted May 20th 2013, 12:00am by Sandy Li

    ... real estate funds and state-owned enterprises - the heavy-hitters in the investment property sales market - are channelling their capital into investment properties in Shanghai. Their buying ... foreign funds and state-owned firms were major buyers of investment properties in Shanghai. "The market is very active after mainland banks eased slightly their lending policy early ...

    http://www.scmp.com/business/china-business/article/1241471/shanghai-offices-nudge-hong-kong-prices
  8. Shanghai officials misused 8.5b yuan in three years

    Posted Aug 11th 2007, 12:00am by Staff Reporter

    ... Alice Yan Officials of all ranks at government and state-owned enterprises (SOEs) in Shanghai mismanaged or irregularly used more than 8.52 billion yuan in public funds from 2004 to last year, a meeting of municipal audit officials was told this week. Over a two-year period alone, one group of corrupt senior officials in the city mismanaged 620 million yuan, and some top ...

    http://www.scmp.com/article/603821/shanghai-officials-misused-85b-yuan-three-years
  9. Concerns raised over liquidity

    Posted Jun 09th 2012, 12:00am

    ... state-owned enterprises. Some 10 are in the pipeline, as Beijing fast-tracks approvals for SOE listings that are likely to soak up 100 billion yuan (HK$122.4 billion). The move is in stark contrast ... position, an honour seen as dubious by local investors. When the mainland established its stock market in the early 1990s, the regulators were aiming to create a financing platform for state-owned ...

    http://www.scmp.com/article/1003427/concerns-raised-over-liquidity
  10. Business - Banking & Finance - MR. SHANGKONG

    Will the dealmakers go to Shanghai's financial centre?

    Posted Oct 07th 2013, 12:00am by George Chen

    ... above. He is a busy traveller, but he only travels to Shanghai a couple of times a year. "I go to Beijing to meet regulators and policymakers and almost all the biggest state-owned enterprises are headquartered in Beijing. Then I go to the southern or eastern parts of China to meet potential clients in the private sector," he said. The banker mentioned Baosteel ...

    http://www.scmp.com/business/banking-finance/article/1325941/will-dealmakers-go-shanghais-financial-centre

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