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  • August 28, 2014
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  1. Business - China Business - EARNINGS

    China Telecom user based shrinks amid rivalry

    Posted Aug 28th 2014, 05:03am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Mobile network operator aims to step up its 4G push in the second half, which is likely to strengthen its position vis-a-vis leader China Mobile China Telecom loses users amid rivalry China Telecom Corp lost 5.34 million mobile subscribers in the first half of this year as competition intensified in the country's saturated telecommunications ...

    http://www.scmp.com/business/china-business/article/1581335/china-telecom-user-based-shrinks-amid-rivalry
  2. Business - China Business - EARNINGS

    Insurer China Life diversifies with bid for Sinopec retail unit

    Posted Aug 28th 2014, 05:03am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland insurer targeting petrol station chain after reporting 13pc rise in first-half net profit China Life in bid for Sinopec unit China Life Insurance is seeking to diversify its investment portfolio by planning to invest in China Petroleum & Chemical Corp's (Sinopec) retail unit after reporting better-than-expected ...

    http://www.scmp.com/business/china-business/article/1581324/insurer-china-life-diversifies-bid-sinopec-retail-unit
  3. Property - Hong Kong & China

    Housing still seen as growth driver for China's economy

    Posted May 24th 2014, 01:53am by BLOOM

    ... Xinhua said in an article published on May 21 that called people forecasting such an outcome "doom mongers". China will have strong housing demand because of continuing urbanisation, speculative buying is less prevalent than it was in Hong Kong and mortgage debt as a proportion of GDP is lower than it was in the US, Xinhua said. "China's urbanisation process is far from ...

    http://www.scmp.com/property/hong-kong-china/article/1519177/housing-still-seen-growth-driver-chinas-economy
  4. Business - Companies - INVESTMENT

    KKR buys stake in China's biggest chicken producer

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... Bloomberg in New York KKR buys into China chicken producer KKR, the private equity firm led by billionaires Henry Kravis and George Roberts, is buying a minority stake in China ... a partnership to expand Fujian Sunner's operations to provide meat that is safe to eat. Food quality has become a major concern in China in recent years following a string of incidents in which ...

    http://www.scmp.com/business/companies/article/1581316/kkr-buys-stake-chinas-biggest-chicken-producer
  5. Business - Economy - CARS

    China mulls 100b yuan in funding for charging stations for electric cars

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... be a tailwind for carmakers coping with consumer concerns over the price, reliability and convenience of electric vehicles. It would also build on efforts by China, the world's biggest carbon ... the notice said. The government is also considering allowing non-carmakers to manufacture EVs to foster more competition, the China Automotive Technology and Research Centre, which helped draft ...

    http://www.scmp.com/business/economy/article/1581320/china-mulls-100b-yuan-funding-charging-stations-electric-cars
  6. Business - Banking & Finance - EARNINGS

    Dah Sing profit climbs 29pc on lower China lending

    Posted Aug 28th 2014, 05:03am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Dah Sing profit up 29pc on lower China lending Dah Sing Banking Group, which owns Hong Kong's last family-owned bank, posted HK$1.4 billion in net ... Comercial de Macau and Dah Sing Bank (China). Shares of both companies rallied on the news. The banking group's stock closed up 1.9 per cent to HK$14 while Financial Holdings shares rose ...

    http://www.scmp.com/business/banking-finance/article/1581319/dah-sing-profit-climbs-29pc-lower-china-lending
  7. Business - Companies - TECHNOLOGY

    Kingsoft software to capitalise on Microsoft's Office woes in China

    Posted Aug 28th 2014, 05:03am by Sophie Yu

    ... of Microsoft's Windows 8 operating system on all new government computers. IBM is one US firm that has weathered the storm, announcing on Tuesday that Industrial and Commercial Bank of China (ICBC) had ...

    http://www.scmp.com/business/companies/article/1581315/kingsoft-software-capitalise-microsofts-office-woes-china
  8. News - World - TOURISM

    California adapting to rising tide of tourists from China- now 1.8m a year

    Posted Aug 28th 2014, 03:26am by AP

    ... Associated Press in Costa Mesa, United States More than 1.8 million Chinese visitors each year spells big business for US California dreaming... about China Nearly two dozen Chinese ... in Orange county, which is doing what it can to attract buses filled with Chinese tourists. To make them feel at home, it accepts China's UnionPay card and provides Putonghua-speaking ...

    http://www.scmp.com/news/world/article/1581352/california-adapting-rising-tide-tourists-china-now-18m-year
  9. Sport - Other Sport - BOXING

    Knockout move: Manny Pacquiao sets up boxing academy in China

    Posted Aug 27th 2014, 01:11pm

    ... Associated Press in Manila New venture to also foster warmer relationships between the Philippines and China, whose territorial dispute in the South China Sea has intensified Philippine icon Manny Pacquiao says he will help train boxers in China and expressed confidence the country can produce world champions. Pacquiao says he has partnered with a Chinese company ...

    http://www.scmp.com/sport/other-sport/article/1581115/knockout-move-manny-pacquiao-sets-boxing-academy-china
  10. News - China Digest

    The Post's daily China news round-up- August 21, 2016

    Posted Aug 26th 2014, 07:52am

    ... China broadens crackdown on foreign missionaries |Source: The Globe and Mail A quiet forced evacuation of foreign missionaries, some of whom have worked to train and convert Chinese, ... Chinese aggressive behavior have pushed the pressing issue of how to deal with Beijing to the fore. Going Maverick: Lessons from China’s buzzing of a US Navy aircraft |Source: Wall Street Journal- ...

    http://www.scmp.com/news/china-digest/digest/1580730/posts-daily-china-news-round-august-21-2016

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