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  1. China Gas dumps Hai Xia envoys from board

    Posted Apr 27th 2011, 12:00am

    ... emotional meeting. Founding shareholder, Hai Xia Finance Holdings from the Taiwan Affairs Office of the State Council, attacked the decision and singled out substantial shareholder, SK Gas of South Korea, for criticism. It said it 'deeply regretted' the South Korean firm's role in 'actively' supporting and participating in the dismissals of Hai Xia's two ...

  2. Hai Xia Finance boosts China Gas stake

    Posted Mar 11th 2005, 12:00am by Denise Tsang

    ... supplier at a premium price. Hai Xia Finance, the investment company of the State Council's Taiwan Affairs Office, agreed to raise its stake in the firm to 15.35 per cent by buying an 8.58 per ... Xia will buy 190 million shares from Mr Liu for $330 million, valuing the shares at $1.73, a 12.33 per cent premium to yesterday's closing price. The purchase, spread out in five ...

  3. Yuan set for bigger global role

    Posted Mar 21st 2012, 12:00am

    ... May Chan may.chan@scmp.com The yuan will make up 5 per cent of the global currency reserve by 2020, predicts Xia Bin, a former adviser to the People's Bank of China's monetary policy committee. At a Credit Suisse Asian Investment Conference in Hong Kong yesterday, Professor Xia (pictured) said the instability that has come to be associated with major currencies ...

  4. Hermes strikes up the brand

    Posted Dec 30th 2009, 12:00am by Divia Harilela

    ... Divia Harilela Hermes International recently took a majority stake in Shanghai-based company Shang Xia, with plans to launch the brand on the mainland next spring followed by a boutique in Paris in the autumn, reports WWD. Shang Xia creates, manufactures and sells a collection of clothing, accessories, furniture and other lifestyle objects using Chinese raw materials and artisanal ...

  5. Criticism rejected over China Gas sackings

    Posted Apr 28th 2011, 12:00am

    ... transparent and legal manner', responding to criticism by China Gas founding shareholder, Hai Xia Finance Holdings of China's State Council. Hai Xia said on Tuesday it 'deeply' ... chairman Li Xiaoyun and former vice-chairman Xu Ying- during a sometimes stormy three-and-a-half hour meeting. As well as criticising SK Group, Hai Xia attacked unnamed China Gas directors for what ...

  6. Evergrande nears sale target for full year

    Posted Sep 15th 2011, 12:00am

    ... target of 70 billion yuan,' said chief executive and vice-chairman Xia Haijun. Xia said the company had no plans to reduce selling prices. Analysts had forecast developers would cut prices to boost sales volume when they launched more new projects later this month and in October. Rather, Xia said the company would consider increasing selling prices when the full-year sales target had ...

  7. China Gas row heats up over 'bogus' premise

    Posted Apr 20th 2011, 12:00am

    ... the firm's auditor and regulators to look into a potential conflict of interest of a joint managing director. In a statement, founding shareholder Hai Xia Finance Holdings said grounds ... friendly to Liu, Hai Xia said. Liu is being investigated for allegedly embezzling corporate assets and was sacked by China Gas in January. Liu has a 13.4 per cent stake in China Gas, followed ...

  8. Public airing for China Gas' boardroom tiff

    Posted Apr 18th 2011, 12:00am

    ... stints with the company as representatives of a substantial shareholder- Hai Xia Economy and Technology Co-operation Centre, an organisation under the Taiwan Affairs Office of the State Council. Sources within the Li and Xu camp said the pair planned 'in the next few days' to disclose what they called further grounds for their reinstatement. Last week Hai Xia paid ...

  9. Red tape cut as private jets set for mainland take-off

    Posted Mar 28th 2012, 12:00am

    ... period was only 14.2 per cent, Xia Xinghua, deputy director general of the Civil Aviation Administration of China (CAAC), said in Shanghai yesterday. Xia said 48 private-jet-charter start-ups ... for business jets is not enough,' Xia said, 'Also, the management of airspace, air routes and flight plans can be improved.' There are only 180 airports in China that allow private jets ...

  10. China Gas seeks mediator in board row

    Posted Apr 21st 2011, 12:00am

    ... by founding shareholder Hai Xia Finance Holdings, whose representatives in China Gas- chairman Li Xiao Yun and vice-chairman Xu Ying- are being ousted, subject to shareholders' approval on April ...




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