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  • July 25, 2014
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  1. Company profile- Shanghai Industrial

    Posted Jun 02nd 2008, 12:00am by Staff Reporter

    ... The principal activities at Shanghai Industrial Holdings include developing infrastructure facilities, pharmaceuticals, manufacturing and distributing consumer products, and providing information technology. ...

  2. Business - Banking & Finance - BANKING

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

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

    ... Reuters in Shanghai Shanghai gets bad-loan bank as concerns grow The Shanghai government has given approval to a city-owned investment company to buy non-performing loans from local banks, ... non-performing loans and other assets from local financial institutions, rather than creating a new entity, China Business News reported, citing a source close to the firm's parent company. Shanghai ...

  3. News - Hong Kong - HONG KONG ECONOMY

    Google's Eric Schmidt to Hong Kong: You need more engineers to start companies like mine

    Posted Nov 04th 2013, 06:00pm by George Chen

    ... Why are there not lots of engineers in Hong Kong? “The problem about small shops is that a small shop was not an entrepreneur company but just a small company and it was not growing. People ... is the drug company needs to become bigger. They had to do something and they didn’t and ultimately they were replaced by something which can afford the higher rents. You have to grow or you basically ...

  4. Business - China Business - ART

    Chinese art buyers help Christie's to record sales year

    Posted Jan 22nd 2014, 05:02pm by George Chen

    ... drove up Christie's sales by 14 per cent to US$7.13 billion last year, a record high not just for the British auction house but for any company ever in the art market. In 2013, Chinese ... sales growth in India, up 16 per cent year on year, and in Russia, up 17 per cent. In the Middle East, sales jumped 39 per cent, according to company data. The growing importance of Shanghai ...

  5. Business - Banking & Finance

    Regulation delay puts foreign banks in a spot in Shanghai free-trade zone

    Posted Jan 14th 2014, 08:51am by Jeanny Yu; George Chen

    ... like capital account convertibility, carries no definite time line for implementation. "The vast majority of new companies are set up by domestic investors, with only a handful by foreign ... vice-mayor who is heading the free-trade zone's administrative committee, said about 1,400 companies had registered in the zone. However, only 38 were foreign firms. "For the zone, the only ...

  6. Sell-off eases for Shanghai Pharma

    Posted May 25th 2012, 12:00am

    ... Charlotte So charlotte.so@scmp.com A sell-off of Shanghai Pharmaceuticals' stocks showed signs of abating yesterday after management denied it was being investigated by Hong Kong ... The selling pressure seemed to ease somewhat after the company denied receiving any notice of a probe by regulators and stating that its accounts comply with set standards. It tumbled 24 per cent ...

  7. Business - China Business - LISTINGS

    IPO hopeful's business is built on a dead certainty: hundreds of millions of Chinese will die one day

    Posted Dec 03rd 2013, 01:57pm by George Chen

    ... of the bankers familiar with the deal. “But a good business is a good business, and you can also consider Fu Shou Yuan as just a different kind of real estate company to some extent,” he said. Indeed, ... can also consider Fu Shou Yuan as just a different kind of real estate company A banker familiar with the IPO plans Leading political figures such as Wang Daohan, former president ...

  8. Business - Banking & Finance

    Shanghai free-trade zone may be extended to cover Pudong

    Posted Sep 05th 2013, 12:00am by George Chen

    ... that Beijing would allow foreign banks to set up wholly owned units in the zone, mainland banks could offer offshore banking business and foreign commodities exchanges and trading companies could own ... launched economic reforms in Shanghai even earlier. Nowadays, Pudong is regarded as China's Wall Street, where many Fortune 500 companies and international banks have their regional ...

  9. Business - Banking & Finance - EXPANSION

    CIMB puts China at heart of growth push

    Posted Aug 19th 2013, 12:00am by George Chen, Ray Chan

    ... Ray Chan and George Chen Building on burgeoning trade flows, Malaysian bank is opening offices on the mainland and linking with key companies such as Alibaba CIMB puts China at heart ... as an important platform for the bank to grow new clients and businesses in the country. Ahead of the prospective launch of its Shanghai branch, CIMB had already reached out to major mainland companies ...

  10. Business - Banking & Finance - FINANCIAL SERVICES

    Haitong diversifies as fee war rages on

    Posted Aug 26th 2013, 12:00am by George Chen, Ray Chan

    ... war among local brokers eroded profit margins. "It's definitely time for change. In fact, we [mainland securities companies] call this a change, but big foreign investment banks like ...




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