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  • August 31, 2014
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  1. Business - Economy - INVESTMENT

    Foreigners keener on Chinese stocks than direct investment

    Posted Aug 28th 2014, 09:59am by Reuters

    ... Reuters in Shanghai Slowing economy, an increase in business costs and anti-monopoly probes deter overseas players from directly investing in the mainland Foreign capital flows into Chinese equities China's foreign investment mix is changing, with portfolio investors buying more stocks but foreign direct investment falling to a two-year low on a slowing economy, rising ...

    http://www.scmp.com/business/economy/article/1581378/foreigners-keener-chinese-stocks-direct-investment
  2. 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
  3. Business - Economy - Chinese economy

    Growth in China service sector eases as business sentiment weakens, HSBC PMI shows

    Posted Jun 05th 2014, 10:16am by Reuters

    ... but remained above the 50-point level demarcating a monthly growth in activity from a contraction. In a sign that some companies remained cautious about their prospects, business expectations fell ... outlook is uncertain. Businesses appear to agree. Firms surveyed in the PMI indicated they were not as confident as before. And the guardedness had led companies to delay hiring new workers, ...

    http://www.scmp.com/business/economy/article/1525766/growth-china-service-sector-eases-business-sentiment-weakens-hsbc
  4. FUNDRAISING

    Mainland business moguls, celebrities catch 'ice-water fever' at the weekend

    Posted Aug 18th 2014, 04:04pm by LAURA ZHOU; PATRICK BOEHLER

    ... of these challenges have gone viral in the US over the past month, but reached China only a few days ago. Even so, the enthusiasm for the cause caught on. Pete Lau, founder of the Chinese smartphone brand ... their heads or donate US$100 for research on ALS. The hashtag “ice bucket challenge” went wild on Weibo, the Chinese microblogging platform, turning the challenge into the leading conversation topic ...

    http://www.scmp.com/article/1576055/mainland-business-moguls-celebrities-catch-ice-water-fever-weekend
  5. News - China Insider - SOCIAL MEDIA

    Will the Chinese Communist Party become social media’s ‘most followed’?

    Posted Aug 25th 2014, 02:37pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com Is the Chinese Communist Party about to become China’s ‘most followed’ poster on the internet? The ruling party has told all 86.6 million of its members ... to the public pages on Facebook. Businesses, celebrities and news media make up the majority of public accounts on the platform. This has prompted some to wonder if the party’s account could potentially ...

    http://www.scmp.com/news/china-insider/article/1580532/will-chinese-communist-party-become-social-medias-most-followed
  6. Business - China Business - EARNINGS

    Chinese industrial firms’ profits grow more slowly

    Posted Aug 28th 2014, 01:10pm by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Chinese industrial companies’ profits grew more slowly last month than in June, the National Bureau of Statistics said, as industries such as coal suffered heavy losses. Their profits rose 13.5 per cent year on year to 482.3 billion yuan (HK$607.6 billion) last month, slowing from 17.9 per cent growth in June. In the first seven ...

    http://www.scmp.com/business/china-business/article/1581416/chinese-industrial-firms-profits-grow-more-slowly
  7. Business - Companies - TECHNOLOGY

    Two Chinese firms among potential bidders for Singapore’s Stats ChipPac

    Posted Aug 28th 2014, 03:36pm by Reuters

    ... Reuters in Singapore Two Chinese firms are among companies that have approached Stats ChipPac about acquiring it, the Singapore provider of technology services said on Thursday. Stats ... or transaction,” it said in a statement on Thursday. The Chinese companies each have a market capitalisation that is only slightly bigger than Stats ChipPac. Stats ChipPac’s shares shot up 12 per cent ...

    http://www.scmp.com/business/companies/article/1581438/two-chinese-firms-among-potential-bidders-singapores-stats
  8. Business - Companies - PROPERTY

    Chinese Estates profit down 42.5pc

    Posted Aug 28th 2014, 03:47pm by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Chinese Estates Holdings posted a 42.5 per cent fall in first-half core profit to HK$1 billion due to a sharp decline in property sales. Net profit, ... of Macau, the company said in March. Despite the decline in profit, Chinese Estates says it is optimistic about the future, anticipating a stable office market and positive rental growth from ...

    http://www.scmp.com/business/companies/article/1581439/chinese-estates-profit-down-425pc
  9. Property - Hong Kong & China - DEBT

    Chinese developers sinking into disguised debts

    Posted Aug 28th 2014, 05:03am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com A rising issuance of perpetual bonds by mainland property firms is creating a greater level of indebtedness than interim results indicate Developers sinking into disguised debts Chinese developers' indebtedness is worse than shown in their interim results as a rising number of issued perpetual bonds, and limited disclosure on their terms, ...

    http://www.scmp.com/property/hong-kong-china/article/1581350/chinese-developers-sinking-disguised-debts
  10. Business - Companies - FUNDRAISING

    Chinese developer Country Garden launches HK$3.18b rights issue

    Posted Aug 28th 2014, 10:08am by Langi Chiang and Ray Chan

    ... Langi Chiang and Ray Chan Shares of mainland developer fall 5pc on fears over capital-raising exercise amid slowing sales Country Garden taps market for HK$3.2b Shares of Country Garden Holdings fell sharply yesterday after it became the first Hong Kong-l ...

    http://www.scmp.com/business/companies/article/1581381/chinese-developer-country-garden-launches-hk318b-rights-issue

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