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  1. Farmers 'locked up' to stop land deal complaints

    Posted Dec 20th 2007, 12:00am by Minnie Chan

    ... Minnie Chan Petitioners say they were tortured Farmers left landless by a government property development in Chengdu, Sichuan province, claim they were locked up for more than two months to stop them complaining to higher authorities. Farmer Lei Mingfen said she and more than 30 other petitioners had been detained at a military base on Chengdu's Phoenix Mountain from ...

  2. Guangzhou and Chengdu sites fetch 14.4b yuan

    Posted Dec 21st 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu The Guangzhou and Chengdu local governments yesterday sold 13 residential and commercial sites for 14.39 billion yuan, even after central authorities tightened loans ... the investment cost,' Mr Wong said. Guangzhou had planned to sell 12 sites but pulled out two because no bids were submitted. Five of the sites sold for their opening bids. Chengdu sold seven plots ...

  3. Chengdu eyes Wall St tag with exchange plan

    Posted Aug 04th 2007, 12:00am by Tom Miller

    ... Tom Miller in Beijing Chengdu hopes to become the 'Wall Street' of western China under ambitious plans to set up the mainland's third stock exchange and become a one-stop ... next step is to apply to the securities regulator to set up the country's third stock exchange,' the paper quoted an official in the Chengdu Finance Department as saying. The whole ...

  4. Chengdu Bank to sell 4b yuan shares to domestic backers

    Posted Nov 24th 2007, 12:00am by Staff Reporter

    ... Natalie Chiu Chengdu City Commercial Bank, a lender based in the mainland's fifth most populous city, plans to raise four billion yuan selling new shares to 13 domestic institutional investors in an attempt to bolster capital to compete with other mid-sized lenders. Local investors that will buy Chengdu Bank's shares include Bohai Industrial Investment Fund Management, ...

  5. China Overseas aims for 2b yuan sales in Chengdu

    Posted May 23rd 2007, 12:00am by Peggy Sito

    ... Peggy Sito in Chengdu Guo Yong, the chief of China Overseas Land & Investment's Chengdu office, is proud when reviewing the business performance of his unit in the past two years. ... entered Chengdu in 2000 and has accumulated a land bank of 1.8 million square metres, greatly benefiting the firm as a result of the growing property market. Property prices in Chengdu increased ...

  6. Far East Consortium plans to invest HK$4b in 10 hotels

    Posted May 23rd 2007, 12:00am by Sandy Li

    ... its reach into the mainland. Last month, Far East Consortium made its first foray into the mainland by acquiring a distressed asset in Chengdu for 279 million yuan. The group plans to invest ... and HK$4 billion, with half of it to be financed by internal resources and the rest from bank borrowings, he said. Its first four-star hotel in Chengdu was expected to open in March next year, Mr ...

  7. Shenzhen Investment acquires Maanshan project for 1.2b yuan

    Posted Nov 01st 2007, 12:00am by Yvonne Liu

    ... Holdings yesterday paid 213 million yuan for a mixed development site in Chengdu, Sichuan province. The accommodation cost of the site was 425 yuan per square metre. The 111,868 square metre site in Xindu district in north Chengdu could have a total gross floor area of 500,500 square metres. Construction of the project will start early next year. It is scheduled for completion in phases ...

  8. Two newspaper staff suspended for 'June 4' advert

    Posted Jun 08th 2007, 12:00am by Staff Reporter

    ... Li Shaojun, executive deputy editor-in-chief of the Chengdu Evening News, was suspended because he was on duty on Sunday when a 13-character advertisement was supposed to be vetted before ... blunder has revived Chengdu residents' memory of the crackdown, with another source saying the newspaper had been widely circulated in the city. 'This blunder has created a big impact ...

  9. Sino Land winning bid nets Sichuan plot

    Posted Jul 21st 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Sino Land paid 4.14 billion yuan for a commercial-residential site at an auction in Chengdu, Sichuan province, yesterday, making it the most expensive plot in the city. The site will be Sino Land's second project in Chengdu, where the Hong Kong company is developing a residential project with China Overseas Land & Investment. Sino Land chairman Robert Ng Chee Siong ...

  10. Displaced farmers 'jailed, tortured'

    Posted Dec 20th 2007, 12:00am by Minnie Chan

    ... Minnie Chan Farmers left landless by a government property development in Chengdu, Sichuan, claim they were locked up for more than two months to stop them complaining to higher ... on Chengdu's Phoenix Mountain on September 26. 'We were released on December 1 after signing documents saying we would not petition Beijing again, but we soon realised that we were cheated ...




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