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  • April 23, 2014
  • Last updated: 6:52pm
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  1. Business - Money - LISTINGS

    Weibo IPO offers half the price of Twitter's listing

    Posted Apr 17th 2014, 01:10am by BLOOM

    ... Bloomberg in New York Weibo offering half the price of Twitter's float Weibo's done half the job that Twitter has in turning its microblogging users into earnings. That may explain why the Chinese company is seeking as little as half the valuation in its initial public offering. Weibo, owned by Sina and Alibaba Group, plans to offer 20 million American depositary ...

  2. News - China

    China poles apart on missions to Arctic and Antarctic

    Posted Aug 29th 2012, 12:00am by STEPHEN CHEN

    ... Stephen Chen binglin.chen@scmp.com Beijing's missions to the Antarctic have an economic motive, but those to the Arctic signal its concern about the consequences of climate change China's Poles apart A Hollywood blockbuster movie might have been responsible for Beijing's partial change of attitude to the North Pole. Hitting cinemas in 2004, the American sci-fi disaster ...

  3. News - China - URBAN PLANNING

    Beijing urged to use market-driven tactics, not 'forced exodus', to ease crowding

    Posted Apr 21st 2014, 01:23pm by Zhuang Pinghui

    ... Li Tie, director general of the China Centre for Urban Development at the National Development and Reform Commission (NDRC), cautioned against forcing people out of the capital, and instead ... Zhuang Pinghui pinghui.zhuang@scmp.com Urban development chief says officials can no longer order mass relocation from overcrowded capital, but should instead rely on incentives Let market ...

  4. News - China - INFRASTRUCTURE

    Mainland China advisers furious over Hong Kong's high-speed rail link delay

    Posted Apr 18th 2014, 03:16am by He Huifeng

    ... to be identified. Mainland government advisers were much more blunt. Zheng Tianxiang, a provincial policy adviser involved in several infrastructure projects- said the delay would "definitely ... is at the centre of the Guangdong government's development blueprint. Local authorities believe this will create capital and prompt a flow of talent to help the region upgrade its economy. "For ...

  5. News - China - ENVIRONMENT

    Air quality in Beijing second worst out of 31 mainland cities

    Posted Apr 12th 2013, 12:00am by STEPHEN CHEN

    ... polluted last year among 31 municipal and provincial capital cities ranked by Friends of Nature, a major non-governmental organisation, in its annual Green Book of Environment . Liu Jianqiang ... to 19th in 2011 and 28th last year. Chengdu residents blamed the serious decline in air quality to an infrastructure boom. The local government last year launched an unprecedented road-renovation ...

  6. News - Hong Kong - PARTNERSHIPS

    Hong Kong universities fail to source funding from business for innovative research

    Posted Aug 16th 2013, 12:00am by Andrea Chen

    ... by mainland China, India and Turkey. The average academic in Hong Kong attracted an equivalent of HK$155,105 in investment from business, less than half the average business funding a researcher ... Andrea Chen andrea.chen@scmp.com Local institutions rate poorly when it comes to sourcing funds for innovation from business Hong Kong universities failing to sell innovation Universities ...

  7. Business - Economy - TRADE

    China and India urged to forge closer economic bonds

    Posted Apr 21st 2014, 01:23am by Kwong Man-ki

    ... board. "We [China and India] can create an economic superpower," Tata said. "China has developed technology that India could use, while Chinese investment in industries ... to have China as an investor. Having the Chinese build telecoms or other infrastructure would create jobs. It would be a threat to competing Indian companies, but to the country, it would ...

  8. News - China - CORRUPTION

    China Resources shares slide as chairman Song Lin is sacked and faces corruption probe

    Posted Apr 22nd 2014, 11:51pm by Eric Ng, Zhuang Pinghui, Andrea Chen

    ... Eric Ng, Zhuang Pinghui and Andrea Chen Subsidiary China Resources Power sees the sharpest slump after parent company's former chairman is investigated for corruption Shares slide ... conglomerate China Resources Enterprises (CRE) fell 4.2 per cent to HK$21.90. Developer China Resources Land slid 3 per cent to HK$16.26. Natural gas distributor China Resources Gas fell 2.7 per cent ...

  9. Business - Money - FUND MANAGEMENT

    China Everbright goes full steam on expansion after painful restructuring

    Posted Apr 14th 2014, 05:07am by RAY CHAN AND JEANNY YU

    ... leading to a problem of survival," chief executive Chen Shuang told the South China Morning Post. We had to act decisively on what to sell in order to keep our businesses afloat Chen ... Development Council, which comprises 22 members and is the brainchild of Chief Executive Leung Chun-ying. After years of restructuring, China Everbright, the listed flagship of conglomerate China ...

  10. News - China - OBITUARY

    Dissident Chen Yizi, former aide to Zhao Ziyang, dies in Los Angeles

    Posted Apr 15th 2014, 11:47pm by Cary Huang, Zhang Hong, Minnie Chan

    ... to be buried with those of his parents. Born in 1940, Chen graduated from the prestigious Peking University. He was an architect of China's economic reforms in the 1980s and the founder of several ... of repression along with other outspoken young intellectuals. Chen became one of the seven most-wanted dissidents in China. His institute was closed down for six months following the repression, and he ...




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