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  • October 26, 2014
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  1. Comment - Insight & Opinion

    Nexen deal shows how Chinese firms can do business in US

    Posted Mar 18th 2013, 12:00am by John Gong

    ... anti-China rhetoric in an effort to derail a Chinese company's offer. Another objection may be concern about losing businesses or jobs to China. Shenzhen-based BGI's US$117.6 million ... for Chinese firms The fact that China National Offshore Oil Corporation's US$15.1 billion acquisition of Calgary-based Nexen went through successfully, with the required US approval, shows ...

  2. Chinese Estates, G-Resources target HK$6.6b

    Posted Jun 26th 2009, 12:00am by Staff Reporter

    ... Fulton Mak and Wong Ka-chun Developer Chinese Estates Holdings and resources firm G-Resources Group are taking advantage of the market rally by seeking to raise as much as HK$6.64 billion from selling new shares to institutional investors. Chinese Estates, controlled by Joseph Lau Luen-hung, is seeking to tap HK$1.67 billion by selling 118 million shares. An option to sell ...

  3. Dell plans big expansion in its mainland business

    Posted Nov 05th 2010, 12:00am by Staff Reporter

    ... Schuckenbrock, global president for large enterprise business at Dell, told a news conference. This figure, he said, included 'all the procurement and manufacturing that we do here to support ... including building development centres, further manufacturing capacity, data centres and [other mainland] resources to serve Chinese customers,' Schuckenbrock said. 'Forget the US$100 ...

  4. StanChart seeks stake in Chinese bank

    Posted Aug 12th 2003, 12:00am by Enoch Yiu

    ... such as the ability to conduct yuan business. 'An acquisition of a stake of one of the mainland shareholding banks would give us an option to build up a strong long-term partnership in China,' he ... Bank. Mr Wong said it was evaluating prospects but no negotiations were under way. 'An investment in a local bank is killing two birds with one stone. It will expand our business ...

  5. Problem debtors follow mainland business abroad

    Posted Jun 16th 2005, 12:00am by Mark O'Neill

    ... in developed countries. About half the debt is owed by businesses owned by overseas Chinese, who know their creditors will tolerate higher levels of debt than western companies. A Dun & Bradstreet ... Overseas Chinese blamed for upsurge in non-payments, writes Mark O'Neill Mainland firms have for years faced chronic problems in collecting receivables. Now the problems have followed ...

  6. BOC keener on business models than cheap assets

    Posted Sep 29th 2008, 12:00am by Staff Reporter

    ... Woods Lee and Jane Cai in Tianjin The Bank of China is interested in business models and operations in overseas acquisitions rather than assets whose prices have slumped in the financial crisis, vice-president Zhu Min said yesterday. The mainland's largest foreign exchange lender was considering buying overseas businesses in operations such as wealth management and asset ...

  7. Chinese firms help regional deals soar

    Posted Sep 25th 2004, 12:00am by Staff Reporter

    ... M&As as Chinese corporates go and buy businesses overseas that are going to provide them with more than just access to products but also access to technology and that sort of thing,' Mr ... Pacific ex-Japan has jumped 65 per cent this year, led by transactions involving Australian and Chinese companies, preliminary data from Dealogic showed yesterday. While the growth was inflated ...

  8. Chinese Estates cuts Peak house prices in sale to Lau

    Posted Aug 31st 2004, 12:00am by Peggy Sito

    ... Peggy Sito Four houses on the Peak sold by Chinese Estates Holdings to its majority shareholder Joseph Lau Luen-hung had originally been priced at $500 million, at least 30 per cent higher ... developer on Sunday said it had agreed to sell the four houses at 31 Barker Road to Mr Lau for just $382.79 million. Mr Lau, an executive director of Chinese Estates, has a 62.84 per cent equity ...

  9. Marco Polo Hotels taps into business, capital base

    Posted May 28th 2010, 12:00am by Denise Tsang

    ... the banquets have outdone the traditional bread and butter of any business-oriented hotels, namely meeting, and conferences, Roberts said. The Marco Polo hotel's Chinese restaurant and ballrooms ... in the developing city, its reception areas offering an ideal venue for the city's nouveau riche to hold extravagant banquets, and its sports club a meeting place for workouts by business big-wigs. ...

  10. Aviation enthusiast turns childhood dream into business venture

    Posted May 05th 2010, 12:00am by Charlotte So

    ... who had worked for a US-based oil company. The uncle gave him a 200-page book on aircraft design, which Hu translated into Chinese, a huge task for a someone who had always failed his English ... former chairman of China Southern Airlines, who invited him to head Zhuhai Yanzhou Aircraft. The company, funded by investors on the mainland and the US, is developing its aircraft business ...




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