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  • August 28, 2014
  • Last updated: 6:05pm
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  1. Business - China Business - CARS

    Infrastructure snag to deter China's green car buyers

    Posted Feb 11th 2014, 01:57am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Lack of charging stations to upset mainland plan, despite subsidies for buyers, say analysts Infrastructure snag to deter push to go green The mainland government's move to ease pollution by giving more subsidies for the purchase of electric vehicles than it planned will run into a roadblock because inadequate infrastructure ...

  2. Business - China Business

    Global cruise liners target China market

    Posted Aug 21st 2014, 01:28am by AP

    ...’s financial centre. It is a gutsy move for the world’s second-biggest cruise company. Cruise operators have traditionally sent older vessels to developing countries but surging growth in China means ... ahead in terms of the market in China, which we believe is going to someday represent more than half of all cruise guests,” Carnival chief executive  Arnold Donald said. The Asian Cruise ...

  3. News - Hong Kong - HOUSING

    Elderly care home residents protest plans that will leave them homeless

    Posted Sep 28th 2013, 12:00am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Celebration turns into demonstration against development they say will leave them homeless NT elderly protest new town plan A traditional annual feast ... billion development plan. Most had lived in the former British military married quarters for more than five years, said Wong Cheung-ching, chairman of the Dills Corner Aged-Care Homes Association. ...

  4. Business - Companies - TOURISM

    China Travel International profit up 107pc on sale of online travel agency

    Posted Aug 21st 2014, 11:19am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Tourism operator China Travel International Investment saw its first-half net profit rise 107 per cent year on year to HK$930 million due to an increase ... on the mainland and in Hong Kong and Macau rising 28 per cent to HK$304 million. Barring any unforeseeable negative situations, the group continues to hold a prudently optimistic view Jiang Yan, China ...

  5. Property - Hong Kong & China - PROPERTY

    China Merchants Land rises on acquisition of Guangzhou developer

    Posted Aug 04th 2014, 12:33pm by Langi Chiang

    ... Merchants Land, controlled by state-owned and Shenzhen-listed China Merchants Property Development, reported a 68 per cent slide in core profit to 333 million yuan in the first half of this year ... Langi Chiang langi.chiang@scmp.com China Merchants Land rises to four-month high Shares of China Merchants Land closed at a four-month high yesterday after the Hong Kong-listed developer ...

  6. Business - Companies - AUCTIONS

    Christie's plays down Shanghai threat to Hong Kong

    Posted Sep 25th 2013, 12:00am by George Chen

    ... George Chen in Shanghai george.chen@scmp.com Christie's plays to Shanghai advantages Christie's auction in Shanghai tomorrow, the first to be run independently on the mainland ... on the mainland. "The more open the environment can be, the better for the local art community," Murphy said at the opening ceremony for the auction, which will include works by Picasso. ...

  7. Business - Commodities - EARNINGS

    Jiangxi Copper first-half profit down 3.6pc on lower metals prices

    Posted Aug 28th 2014, 10:39am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of Jiangxi Copper, China’s largest smelter of the industrial metal, fell 0.28 per cent to HK$14.26 on Thursday morning after it posted a 3.6 per cent drop in first-half net profit on Wednesday night on the back of lower copper and gold prices and higher finance costs. First-half net profit declined to 1.19 billion yuan (HK$1.5 billion) from 1.24 billion ...

  8. Business

    Structural reforms need for sustained China growth

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

    ... George Chen george.chen@scmp.com Singapore advice focuses on avoiding pitfalls in shift to next level of development Structural reforms urged for mainland China must tackle institutional ... was laid out in the China 2030 report last year produced jointly by the World Bank and the Development Research Centre, the think-tank of the State Council, China's cabinet. Implementing ...

  9. Business - Banking & Finance - EARNINGS

    Standard Chartered first-half profits plummet 20pc

    Posted Aug 06th 2014, 05:07pm by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Second half seen as better though full year still expected to fall below 2013, dragged down by softness in foreign exchange and rates business StanChart hopeful after net dips 20 pc Embattled Standard Chartered chief executive Peter Sands pledged the bank will perform better in the second half of 2014 after its interim earnings report showed ...

  10. Business - Banking & Finance - PRIVATE EQUITY

    Big buyout firms find size isn't all in China business

    Posted Apr 23rd 2013, 12:00am by George Chen

    ... five-year relationship with it. Many industry watchers described it as a textbook case of how challenging the deal-making environment in China is, despite all the upbeat news headlines. ... George Chen george.chen@scmp.com High-profile missteps tell a cautionary tale as investors lick their wounds and rethink their approach to a huge and complex market Big buyout firms find ...




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