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  • September 23, 2014
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  1. Property - Hong Kong & China - STOCKS

    CR Land will ride out patch of weak sentiment, analysts say

    Posted Apr 29th 2014, 02:59pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com CR Land expected to ride out taint State-owned China Resources Land (CR Land) is still a top pick for investors in the mainland's property sector, ... director, Wang Hongkun, was detained, along with Wu Ding, the chief executive of China Resources Capital, immediately after the mainland's anticorruption authorities announced on April 17 ...

    http://www.scmp.com/property/hong-kong-china/article/1499850/cr-land-will-ride-out-patch-weak-sentiment-analysts-say
  2. News - Asia - DIPLOMACY

    Indian PM arrives in Japan seeking strategic deals to counter China's power

    Posted Aug 30th 2014, 10:50pm by AFP, KYODO

    ... on Saturday for a five-day official visit as their governments seek to boost security ties and counter an increasingly assertive China. Modi arrived at Kansai International Airport near Osaka, western ... activity in the East and South China seas and the Indian Ocean. China has been pressing its territorial claims over the Japan-administered Senkaku Islands (which Beijing calls the Diaoyus) ...

    http://www.scmp.com/news/asia/article/1582036/indian-pm-arrives-japan-seeking-strategic-deals-counter-chinas-power
  3. News - China - CHINA BRIEFING

    Time to put spotlight on who banks hire

    Posted Apr 28th 2014, 05:02am by Wang Xiangwei

    ... including China Resources and that few people at either bank knew of her relationship with Song, except for rumours that she had a powerful uncle working at China Resources. The allegations against ... Wang Xiangwei China Resources corruption case has drawn attention to widespread practice of financial institutions taking on relatives of mainland officials Time to put spotlight on who ...

    http://www.scmp.com/news/china/article/1498647/time-put-spotlight-who-banks-hire
  4. News - China - ANTI-CORRUPTION DRIVE

    China's audit office plays powerful but silent role in anti-corruption crackdown

    Posted Jun 19th 2014, 06:50pm by Keira Lu Huang

    ... and state-owned assets or resources have come under particular scrutiny since Xi came to power in 2012. Nowadays, auditors must not only examine disparate accounts and sets of numbers, but discover ... media attention has recently turned to one of the campaign’s powerful – but silent – allies: the audit office. While it is common knowledge that audits have given important leads ...

    http://www.scmp.com/news/china/article/1536264/silent-deadly-chinas-secretive-audit-office-reveals-crucial-role-xis-anti
  5. News - Hong Kong - COURTS

    Trial told of Muslim power dispute

    Posted Sep 19th 2014, 04:05am by Lana Lam

    ... told of Muslim power dispute Details of a deep rift among members of a Muslim association in Hong Kong, prompted by the death of its founder in 2009, were revealed in the High Court yesterday. On the opening day of a defamation case, the court heard that after Mohamed Alli Din, who founded the United Muslim Association of Hong Kong, died in December 2009, a "power vacuum" emerged. ...

    http://www.scmp.com/news/hong-kong/article/1595529/trial-told-muslim-power-dispute
  6. Business - China Business - REFORM

    Datang soars on news of sell-off of unprofitable coal operations

    Posted Jul 09th 2014, 05:20am by Eric Ng

    ... of the mainland's five biggest power-generating firms. China Reform was set up by Beijing in 2010 to aid state firms' asset restructuring. An analyst said the state had asked Datang to invest ... International Power Generation shares rose 23.1 per cent yesterday after the company said it would sell part or all of its loss-making coal-to-chemicals and coal-to-natural-gas operations as part ...

    http://www.scmp.com/business/china-business/article/1549918/datang-soars-news-sell-unprofitable-coal-operations
  7. News - China - antitrust investigation

    China's antitrust investigators 'using threats and bullying' against companies

    Posted Sep 16th 2014, 02:05pm by Reuters

    ... half a dozen or more companies on any given day – a sign of the recent flurry of activity from the NDRC – one of China’s three antitrust regulators. The direction of investigations has drawn ... flaring tempers and verbal reprimands are commonplace. China goes after the big guns: Volkswagen and Chrysler fined Microsoft probed over browser and media player bundling 12 Japanese car parts ...

    http://www.scmp.com/news/china/article/1593766/chinas-antitrust-investigators-using-threats-and-bullying-against
  8. News - China - ENVIRONMENT

    Factory shut down for dumping toxic waste in China's fourth-largest desert

    Posted Sep 09th 2014, 02:30pm by Zhuang Pinghui

    ... groundwater resources could be contaminated by industrial waste. READ: Factories investigated for 'emptying waste water into Inner Mongolia desert' The Tengger Desert, spanning 36,700 square kilometres, is the fourth-largest desert in China and is situated close to the more well-known Gobi. The Tengger is home to various lakes, including the popular tourist spot Moon Lake, according ...

    http://www.scmp.com/news/china/article/1588600/massive-factory-shut-down-dumping-toxic-waste-chinas-fourth-largest
  9. News - China

    Audit of China Resources underway amid corruption claim

    Posted Jul 19th 2013, 09:59pm by AP

    ... executives of its subsidiary, China Resources Power, of deliberately overpaying for an acquisition in 2010. The journalist Wang Wenzhi, who works for a newspaper run by Xinhua, said the executives ... that the conglomerate has always operated according to national laws and regulations and acted in the interests of its shareholders and the public. China Resources Group operates in sectors ranging from power ...

    http://www.scmp.com/news/china/article/1286503/audit-china-resources-underway-amid-corruption-claim
  10. Business - Companies

    China Resources Gas beats forecast with 41pc profit

    Posted Aug 23rd 2013, 05:21pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com City-gas distributor China Resources Gas Group (CRG), whose proposed merger with sister firm China Resources Power Holdings (CRP) was rejected by the latter’s shareholders last month, posted a forecast-beating 41 per cent rise in interim profit. Net profit for the year’s first six months was HK$1.07 billion, up from a restated profit of HK$762 million ...

    http://www.scmp.com/business/companies/article/1298930/china-resources-gas-beats-forecast-41pc-profit

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