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  • April 18, 2014
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  1. Top wind power firms compete for IPO funds

    Posted Dec 06th 2010, 12:00am by Denise Tsang

    ... Denise Tsang China's largest wind power firm, Huaneng Renewables Corp, is to tap the Hong Kong stock market through a US$1.45 billion listing in a deal that will cross swords with its arch-rival. Huaneng, the renewable flagship of the nation's largest independent power producer China Huaneng Group, will compete with China Datang Corporation Renewable Power, which is seeking ...

  2. Hong Kong hubs a new blueprint for Chinese cities

    Posted Mar 09th 2011, 12:00am by Toh Han Shih

    ... urban-design firms believe an optimal way to solve the challenge of China's massive urbanisation is the concept of 'integrated development', in which complexes of shops, restaurants, ... boggling.' 'The urbanisation of China is comparable to building the pyramids,' said Steven Townsend, global director of urban design at Woods Bagot, an Australian architectural and urban ...

  3. Mainland official warns of trade war

    Posted Nov 10th 2010, 12:00am by Keith Wallis

    ... with consumption spurred by faster urbanisation and massive infrastructure construction. 'In the coming years, China will contribute to world shipping demand, not only by importing energy ... continuing investment operating restrictions in China. But Xu pointed out that 'China's growth and progress cannot be achieved without the world and, in turn, the prosperity and stability ...

  4. Shanghai drug maker to raise 8b yuan in HK listing

    Posted Jan 13th 2011, 12:00am by Celine Sun

    ... in China with a market turnover of more than 50 billion yuan per year,' Lv said. 'We would lose half of the country if we lost the Beijing market.' This year, it plans to invest more in Guangzhou, Shenzhen and Zhuhai. It may also move some production lines from Shanghai to cut costs. The medicine industry in China, one of the world's most lucrative markets, has maintained ...

  5. Conglomerate New Hope sows seeds of an agricultural giant

    Posted Oct 30th 2010, 12:00am by Staff Reporter

    ... in the 2010 Forbes China rich list, with 20 billion yuan of assets controlled by his family, said the group was aiming to double annual sales to 100 billion yuan by 2014 and make New Hope ... and insurance businesses. Its subsidiary New Hope Investment is the biggest shareholder of China Minsheng Banking, the largest private bank on the mainland. The banking business is a natural cash cow ...

  6. BBMG Corp stock rises 3.7pc on Shanghai listing and merger plans

    Posted Jan 19th 2011, 12:00am by Toh Han Shih

    ... employees, by leveraging on China's industrialisation, urbanisation and internationalisation, as well as the growth of the Bohai Gulf region including Beijing and Tianjin,' it said in its ... posted on the website of the China Securities Regulatory Commission (CSRC) yesterday. All 410.4 million issued shares will be swapped with Taihang Cement's A shares, where 1.2 BBMG A shares ...

  7. Business - China Business

    Machinery makers eye German takeovers

    Posted Apr 22nd 2013, 12:00am by Toh Han Shih

    ... by machinery makers in China have grown by some 29 per cent a year between 2006 and 2011, Naumann said. "China's machinery industry has posted tremendous growth in recent years, while German ... below its level of €242 billion in 2008, when the global financial crisis struck, according to AlixPartners. China's machinery revenue is projected to have risen 12 per cent to 631 billion ...

  8. Business - Companies - CARS

    Industry shake-up may see GM acquire ailing plants in China

    Posted Feb 07th 2013, 12:00am by BLOOM

    ... is interested in acquiring ailing carmakers, according to four people familiar with the companies' thinking. GM, already the top foreign carmaker in China, aims to increase sales by about 75 per ... decades. Expanding in China is not as simple as going out and buying another plant. Foreign companies face restrictions on the number of partners they can have or how much of a factory they can ...

  9. Business - Commodities

    ICAC raids China Mining Resources office over failed deal

    Posted Feb 05th 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com ICAC raids China Mining office over failed deal The Independent Commission Against Corruption searched the head office of China Mining Resources in Hong ... 77.8 per cent of Win Power Investment, a mainland seafood company, for HK$700 million, in January 2010 but China Mining later called it off because it was not satisfied with the due diligence ...

  10. Morgan Stanley sells Shanghai apartment project

    Posted Jul 19th 2010, 12:00am by Sandy Li

    ... China Property Fund, according to people familiar with the deal. The price tag represents about 26,000 yuan per square metre, against the cost of 18,000 yuan per square metre that Morgan Stanley ... 'Lots of international funds are still looking for acquisition opportunities, but they are not as active as two years ago,' said Albert Lau, executive director at Savills China. He said ...




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