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  1. CapitaLand to double its malls on mainland

    Posted Feb 28th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Betting on the consumption power of 1.3 billion people, Singapore developer CapitaLand is planning to build 45 shopping centres in China in the next three to five years, ... for housing and shopping centres on the mainland. 'Today, China has no more than 2,000 malls. How many shopping malls will China need? We did our calculations- 15,000,' Liew said. 'If ...

  2. 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 ...

  3. Drop in surface wind speeds an early warning for industry

    Posted Nov 25th 2010, 12:00am by Staff Reporter

    ... in Asia, particularly China. A possible reason for the decline is an increase in surface roughness due to the fast growth of trees in a warming climate and an increase in the number of soaring ... down. The increase in surface drag caused by urbanisation might explain the slowdown near cities, but it could not explain why monsoon winds from the sea had slowed as well, he said. The general ...

  4. Cepa promoters trumpet benefits for whole nation

    Posted Jan 08th 2004, 12:00am by Staff Reporter

    ... Allen T. Cheng in Beijing InvestHK chief Mike Rowse tells mainland firms the business pact is a bonanza for them All of China will benefit from the free-trade deal signed with Hong Kong, ... at the Chinese Academy of Sciences, said he believed Cepa would eventually help the mainland more than Hong Kong. 'Cepa will help propel sustainable growth in China and Hong Kong. Hong Kong ...

  5. Turnover surges 45pc for pipe manufacturer

    Posted Mar 28th 2011, 12:00am by Staff Reporter

    ... during the period. Looking ahead, the company sees the mainland market undergoing a period of increasing domestic demand and rapid economic growth. With gradual urbanisation in China ... Hong-Kong-listed plastic pipes and pipe fittings manufacturer China Liansu Group Holdings announced that its turnover for the year ending December 31 was 7.71 billion yuan (HK$9.17 ...

  6. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com China Vanke follows rich Chinese to grow abroad Analysts are expecting more overseas expansion from China Vanke as the mainland's biggest developer ... China Vanke, through a wholly owned subsidiary, is acquiring 30 per cent of Keppel Land subsidiary Sherwood Development in Singapore for S$135.5 million (HK$850.2 million), Keppel Land announced ...

  7. Property - Hong Kong & China - RETAILING

    Global brands pause as store sales growth slows on China

    Posted Apr 10th 2013, 12:00am by Yvonne Liu

    ... in first-tier cities in the first quarter," said Thomas Lam, head of research for Greater China at property consultancy Knight Frank. While total retail sales volumes stayed strong in the first ... on the mainland in the next three to five years. Steve Chen, head of retail services at consultancy DTZ in China, said: "We met some global luxury brand operators recently and they told us ...

  8. Intime ready to hop on the subway

    Posted Dec 29th 2010, 12:00am by Celine Sun

    ... in Beijing and Shanxi. Chen confirmed the company was in talks about other acquisitions. Department store operators in China have been enjoying a business boom due to rapid urbanisation ...

  9. Business - Companies - RESULTS

    Retailer to expand circle on mainland China

    Posted Mar 28th 2013, 12:00am by PAUL SOH

    ... convenience-store sales in Hong Kong and southern China last year increased by 4 per cent and 11 per cent respectively from 2011. Operating expenses as a percentage of turnover decreased marginally- ...

  10. Rise in spending power is luring major developers

    Posted Nov 22nd 2010, 12:00am by Peggy Sito

    ... estate. He believes the trend will last for many years. A number of big developers are currently raising their investments in retail properties in Beijing. China Vanke, the mainland's largest ... an 860,000 square metre mall, also in Beijing. Hong Kong-based New World China last week said it had teamed up with a local developer to buy a residential and commercial site in Beijing for 820 ...




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