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  • September 23, 2014
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  1. Singapore firms invest in China cargo carrier

    Posted May 19th 2005, 12:00am by Russell Barling

    ... and Technology Corp that will serve domestic and international markets. The cargo division of Singapore Airlines (SIA) and Dahlia Investments, a unit of state-controlled Temasek Holdings, will team up next year with China Aerospace's China Great Wall Industry Corp. The joint venture, Great Wall Airlines, is thought to be only the third foreign-invested air cargo joint venture ...

  2. BASF plans to invest Euro1b in Greater China

    Posted Sep 30th 2009, 12:00am by Eric Ng

    ... Eric Ng German chemical giant BASF plans to invest more than Euro1 billion (HK$11.3 billion) in Greater China and hire thousands of employees by 2013, expecting mainland sales to grow ... of Euro2billion for the region by 2013. 'We want to invest close to our customers in the markets, [and] most of the budget is allocated for China,' he said. 'But there is still room ...

  3. China Power plans US$640m plant

    Posted May 14th 2004, 12:00am by Christine Chan

    ... million, is an overseas arm of China Power Investment Group, one of the big five power-generating groups created from the break-up of State Power Corp in December 2002. It is controlled by Li ... Haiying yesterday said projects by China Power and Hong Kong's CLP Holdings were among the largest of 66 investment deals worth US$2.97 billion that would be signed at a provincial trade fair ...

  4. China firms offered key role in new Airbus jet

    Posted Dec 08th 2004, 12:00am by Annette Chiu

    ... model. 'We plan to involve China in the development of our proposed A350 plane with a work share of up to 5 per cent,' chief operating officer Gustav Humbert told a press conference in Beijing on Monday. Mr Humbert singled out China Aviation Industry Corp I (Avic I) and its sister company China Aviation Industry Corp II as candidates for the programme. The Toulouse, France-based ...

  5. Hongkong Bank seals landmark mainland investment

    Posted Aug 07th 2004, 12:00am by Staff Reporter

    ... Bei Hu in Beijing Purchase agreement gives it the largest foreign-held stake in a Chinese lender The Hongkong and Shanghai Banking Corp yesterday completed the largest investment ... of Hongkong Bank's UK-based parent HSBC Holdings, at yesterday's signing ceremony. 'This is the final investment we will make in the name of HSBC in China,' he added at a press ...

  6. CPC signs pact with Saudi on refinery

    Posted Mar 18th 2011, 12:00am by Eric Ng

    ... Eric Ng Asia's largest oil refiner China Petrochemical Corp, parent of listed China Petroleum & Chemical (Sinopec), signed a memorandum of understanding with the world's largest oil producer Saudi Aramco. The firms will invest in a proposed oil refining plant in Yanbu, a city on Saudi Arabia's west coast. CPC will hold 37.5 per cent of the Red Sea Refining ...

  7. Netcom aims to raise up to $9.2b

    Posted Oct 27th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min Talks on a deal between its parent and PCCW believed to have failed China Netcom Group Corp (Hong Kong), the listing arm of China's No2 fixed-line carrier, has valued its ... cent, to about 7.6 billion yuan, against street consensus of 9.7 per cent profit growth for rival China Telecom Corp. Netcom is forecasting a 9.15 billion yuan net profit for the current year. ...

  8. China Power link-up with Alcoa is set to boost smelting plants

    Posted Jan 20th 2011, 12:00am by Eric Ng

    ... with state-owned China Power Investment Corp on the mainland and abroad. The deal is seen as a potential way for Alcoa to establish an upstream smelting presence in China, by contributing its know-how ... China's state-banks to co-invest in smelting projects, analysts said. The pact, announced in Washington during President Hu Jintao's state visit to the US, is an example of how China ...

  9. Citigroup buys first NPLs off Silver Grant

    Posted Dec 13th 2004, 12:00am by Denise Tsang

    ... million yuan portfolio Silver Grant sourced from a substantial shareholder, China Cinda Asset Management Corp. The deal underscored Citibank's attempt to capitalise on the mainland market ... Cinda and China Oriental Asset Management Corp. ...

  10. Upgrades and downgrades

    Posted Sep 24th 2003, 12:00am by Staff Reporter

    ... improve margins and drive growth for the maker of home-improvement tools. With production bases in low-cost China, Techtronic was in place to benefit from the outsourcing trend ... MTR Corp Credit Suisse First Boston has reiterated its 'underperform' recommendation, but has lowered its price target to $7.80 from $8 after the company said it would not release ...




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