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  • October 20, 2014
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  1. Business - Comment - LAI SEE

    Plan for Stanley car park is unpopular shock

    Posted Oct 18th 2014, 05:47am by Howard Winn

    ... Howard Winn The Transport Department's plan for an underground car park in the middle of Stanley appears to have hit a speed bump. The department has belatedly noticed after spending ... is that this is an absurd project that only benefits those with land and shops near the centre of Stanley. It is madness to propose building a car park, which the department says will take 40 months, in the most ...

    http://www.scmp.com/business/article/1618848/plan-stanley-car-park-unpopular-shock
  2. Business - China Business - CARS

    China's high-end car dealers go online for second-hand income

    Posted Oct 11th 2014, 04:09am by Reuters

    ... Reuters in Shanghai With profit margins cut by a mainland drive against high pricing of luxury cars, vendors are setting up websites trading used vehicles High-end dealers go online for second-hand income A government campaign against the high pricing of luxury cars on the mainland is hitting the profit margins of dealers, prompting them to supplement income through the online ...

    http://www.scmp.com/business/china-business/article/1614007/chinas-high-end-car-dealers-go-online-second-hand-income
  3. Business - Comment - LAI SEE

    Occupy has shown us a car-free Central

    Posted Oct 01st 2014, 04:18am by Howard Winn

    ... Howard Winn One thing we will miss once the occupation of Central is over is the absence of vehicles and the noxious fumes that pervade the streets. Admittedly it is a bit eerie wandering around Central with so few cars but so much more enjoyable and a completely different experience from trudging around half-drugged on nitrous oxide and other chemical nastiness. Perhaps our ...

    http://www.scmp.com/business/article/1604940/occupy-has-shown-us-car-free-central
  4. Business - Companies - CARS

    Zhejiang University team scoops 10,600 yuan for hacking into Tesla Model S

    Posted Jul 17th 2014, 04:05pm by James Griffiths

    ... to the Tesla car's system, SyScan360 announced on Weibo. The loophole enabled attackers to remotely unlock the vehicle, sound the horn and flash the lights, and open the sunroof while the car ... James Griffiths james.griffiths@scmp.com 'White hat' hackers win contest as US electric car's maker says it's supportive of vulnerability research Hackers win cash ...

    http://www.scmp.com/business/companies/article/1555588/hackers-target-tesla-us10000-bounty
  5. Business - China Business - CARS

    China to allow direct sales of car parts amid anti-monopoly push

    Posted Sep 20th 2014, 05:10am by Bloomberg

    ... Bloomberg in Shanghai Carmakers required to publish new vehicle technical data amid anti-monopoly push China to allow direct salesof car parts China has issued guidelines that will enable original car-parts makers to sell their products to consumers and non-authorised dealers as it takes steps to eliminate what it says are monopolistic practices. From next year, carmakers will have ...

    http://www.scmp.com/business/china-business/article/1596375/china-allow-direct-sales-car-parts-amid-anti-monopoly-push
  6. Business - Money - EQUITIES

    Tiger Global keeps faith in rally story of Chinese car listing site Bitauto

    Posted Sep 20th 2014, 05:10am by Bloomberg

    ... Bloomberg in New York Hedge fund's partner buys into the Chinese car listing site amid 2,300 per cent surge since 2012 Tiger Global has faith that Bitauto Rally will continue Tiger Global Management is making an almost US$600 million wager that the rally in Bitauto Holdings, the Chinese car listing website operator that has surged 2,300 per cent since 2012, is not over. ...

    http://www.scmp.com/business/money/markets-investing/article/1596337/tiger-global-keeps-faith-rally-story-chinese-car
  7. Business - Money - MARKETS

    Car Inc, New Concepts vault higher in debut in Hong Kong exchange

    Posted Sep 19th 2014, 02:28pm by Benjamin Robertson, Reuters

    ... to the United States by sending the market’s two latest entrants soaring on their first day yesterday. Shares in Car Inc, the mainland’s largest car rental company, jumped 28.9 per cent to end ... research report on Car, said the firm could have been priced higher, given the public interest. “Car is a well-recognised brand in China. Investors have heard of it and maybe it’s a little more ...

    http://www.scmp.com/business/money/markets-investing/article/1596007/car-inc-new-concepts-vault-higher-debut-hong-kong
  8. Business - China Business - CARS

    Wanxiang to relaunch Fisker’s Karma hybrid car, sources say

    Posted Sep 19th 2014, 10:42am by Reuters

    ... Reuters in Beijing and Detroit Chinese auto parts producer Wanxiang Group, which bought stylish electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker’s Karma hybrid luxury car by using a design from the company’s last year of production, people close to the companies said. Wanxiang aims to reintroduce by next year Fisker’s electric cars ...

    http://www.scmp.com/business/china-business/article/1595891/wanxiang-relaunch-fiskers-karma-hybrid-car-sources-say
  9. Business - Comment - LAI SEE

    The price of allowing triads to harass umbrella movement

    Posted Oct 14th 2014, 04:48am by Howard Winn

    ... are unable to obtain international drivers licences. They are thus not allowed to rent and drive cars in certain countries. However, some countries will allow drivers to hire cars on the basis ... and ride system has been fairly straightforward. Drivers parked and then got the ticket stamped at an MTR station to show the train service had been used. Now car parking tickets are being phased ...

    http://www.scmp.com/business/article/1615899/price-allowing-triads-harass-umbrella-movement
  10. Business - Money - LISTINGS

    China's Car Inc raises HK$3.4b in IPO after rush from retail investors

    Posted Sep 18th 2014, 10:01am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Car rental IPO a hit with retail investors China's largest car rental company has left competitors trailing in its dust after raising HK$3.4 billion in a Hong Kong initial public offering that was especially popular with retail investors. At HK$8.50 each, shares of Car Inc, formerly known as China Auto Rental, were priced ...

    http://www.scmp.com/business/money/markets-investing/article/1595261/chinas-car-inc-raises-hk34b-ipo-after-rush-retail

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