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  • October 2, 2014
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  1. China overtakes US as largest vehicle market

    Posted Jan 12th 2010, 12:00am by Kandy Wong

    ... Kandy Wong China surpassed the United States as the world's largest vehicle market last year, with overall sales surging 46.2 per cent, partly as a result of Beijing's supportive ... 2008. With sales in the US and Europe suffering from the global slump, China was the only vehicle market to record domestic sales growth last year, although vehicle exports were dampened ...

  2. SK Telecom set to launch telematics in China market

    Posted Sep 29th 2009, 12:00am by Staff Reporter

    ... and controlling cars through mobile telephones- on the mainland, targeting the country's booming car market. The initiative is part of SK Telecom's sharpened focus on developing so-called 'convergence' businesses, which combine key information and communications technologies. The firm has agreed to sell back its minority stake to China Unicom for about HK$10 billion, which ...

  3. PetroChina share fears hit markets in mainland

    Posted Oct 01st 2004, 12:00am by Elaine Chan

    ... Elaine Chan Stock markets in the mainland slumped yesterday on fears of a flood of new shares from PetroChina, the country's biggest oil producer. PetroChina has denied reports ... into China's sluggish stock markets. Bank of China and China Construction Bank may also be seeking domestic listings for next year. But in the short term, share sales by such large state enterprises ...

  4. HK office market into full recovery

    Posted Oct 13th 2010, 12:00am by Peggy Sito

    ... The growth is backed by a significant drop in vacancy rates as demand rises and supply grows. Grade-A office market vacancy rates have declined from their peak of 9.1 per cent in November 2009 ... of about 1.08 million sq ft. This was far below the long-term average annual supply of 2.35 million sq ft, it said. 'This low supply reflects a lack of prime sites put to the market ...

  5. Let homegrown 3G compete in market, Qualcomm urges

    Posted Oct 28th 2008, 12:00am by Staff Reporter

    ... the year-long head start for homegrown TD-SCDMA mobile technology, according to Frank Meng Pu, the president of Greater China for 3G mobile technologies developer Qualcomm. Mr Meng said the technology would mature once it hits the street and competes with rival technologies in the form of the United States-developed CDMA 2000 EV-DO platform and WCDMA system developed in Europe. China Mobile ...

  6. Rural banks get green light to tap market

    Posted Jan 21st 2011, 12:00am by Staff Reporter

    ... for the mainland's banking regulator last year. Mainland banks can't seek IPOs or refinancing on either domestic or overseas stock markets unless they receive an approval from the China Banking ... Daniel Ren in Shanghai At least five rural banks in the eastern province of Jiangsu have got the banking regulator's nod to tap the mainland stock market for growth capital, a fresh ...

  7. Citic 1616 taps into mainland VPN market

    Posted Sep 03rd 2010, 12:00am by Sophie Yu

    ... Sophie Yu Citic 1616 Holdings is tapping into the virtual private network (VPN) market on the mainland with a HK$258.4 million acquisition of VPN services provider China Enterprise ... 1616 is moving into the VPN services market on the mainland The firm is acquiring China Enterprise Communications from parent Citic Group and CE-SCM Network for, in HK$: $258m ...

  8. Ho allegations set to cause confusion, and leave markets jittery

    Posted Jan 26th 2011, 12:00am by Staff Reporter

    ... in response to the South China Morning Post article. 'The change in Lanceford's shareholding structure among Dr Ho and his family members has no significant effect on the overall ownership ...

  9. Competition drives firms to market

    Posted Sep 14th 2004, 12:00am by Staff Reporter

    ... in the pharmaceutical sector, where mainland firms controlled about 30 per cent of the market, said Zhou Yucheng, chairman of China Worldbest Group, the nation's largest pharmaceutical company. 'We ... additional listings through share sales. China Construction Bank and Bank of China are the largest and most visible among companies going public. Firms should also merge to reduce overlap and grow ...

  10. Rusal listing will be no triumph for HK market

    Posted Oct 09th 2009, 12:00am by Tom Holland

    ... capital market as an up-and-coming alternative to the established centres of London and New York. A projected US$3 billion offering by Rusal valuing the company at US$30 billion would be HKEx's first big catch. And if yesterday's reports prove correct, and the proposed stock issue is supported by a sizeable investment from Aluminum Corp of China (Chalco), no doubt both ...




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