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  • October 23, 2014
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  1. Business - China Business - DISPOSALS

    Chongqing Iron & Steel sells plant for 719.6m yuan to ease financial pressure

    Posted Oct 21st 2014, 09:20am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Chongqing Iron & Steel, a medium-sized Chinese steelmaker, is selling a cold-rolled sheet plant for 719.59 million yuan (HK$908.47 million) to ease ... is expected to pay a first instalment of 100 million yuan before the end of the year and the remainder by June next year. Chongqing Iron & Steel spent 452 million yuan to build the plant, which ...

    http://www.scmp.com/business/china-business/article/1621114/chongqing-iron-steel-sells-plant-7196m-yuan-ease-financial
  2. News - China

    Watch your step! Mobile phone-lane opens in Chongqing for smartphone addicts

    Posted Sep 15th 2014, 03:27pm by James Griffiths

    ... Associated Press and James Griffiths james.griffiths@scmp.com A dedicated pedestrian lane for people on their mobile phones has been opened in Chongqing, offering a path for those too engrossed in texting or gaming to watch where they're going. The property manager responsible said the walkway is intended to be ironic – to remind people that it’s dangerous to tweet while ...

    http://www.scmp.com/news/china/article/1593100/chongqing-opens-dedicated-sidewalk-lane-mobile-phone-users
  3. News - China

    Chongqing authority to examine official’s alleged sex romp

    Posted Nov 21st 2012, 04:45pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com Party discipline authorities in Chongqing are looking into an accusation that a district official has been involved in illegal detention and having “improper sexual relation” with a mistress, the Chongqing propaganda website said. Cqnews.net, a website administrated by the Chongqing party propaganda division, said on Wednesday that the Chongqing ...

    http://www.scmp.com/news/china/article/1087580/chongqing-authority-examine-officials-alleged-sex-romp
  4. Business - Commodities - EARNINGS

    Chongqing Iron & Steel losses widen 23pc

    Posted Aug 29th 2014, 09:39am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Chongqing Iron & Steel, a medium-sized Chinese steelmaker, reported its net loss in the first half widened 23 per cent year on year to 1.38 billion yuan ... on the same period last year. Better cost controls, however, cut operating costs by 32.68 per cent to 6.32 billion yuan. In a statement, Chongqing Iron said the industry was unlikely to turn ...

    http://www.scmp.com/business/commodities/article/1581642/chongqing-iron-steel-losses-widen-23pc
  5. News - China - SCIENCE

    Chinese scientist says prehistoric man ate pandas

    Posted Oct 14th 2012, 03:56pm by Associated Press in Beijing

    ... of the city of Chongqing in southwest China. Wei, the head of the Institute of Three Gorges Paleoanthropology at a Chongqing museum, says many excavated panda fossils “showed that pandas were once slashed to death by man”. The Chongqing Morning Post quoted him as saying: “In primitive times, people wouldn’t kill animals that were useless to them” and therefore the pandas must have been used ...

    http://www.scmp.com/news/china/article/1060926/chinese-scientist-says-prehistoric-man-ate-pandas
  6. Business - Money - EARNINGS

    Jump in bad loans sparks sell-off in Chongqing Rural Commercial Bank shares

    Posted Aug 19th 2014, 01:27am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Chongqing Rural Commercial Bank shares fall 6pc on 16.6pc increase in non-performing loans Jump in bad loans sparks sell-off in mainland bank Chongqing ... at Barclays Research. "But the magnitude [at Chongqing Rural] was a bit higher than expected." The bank posted net interest income of 8.85 billion yuan for the first half, up 16.6 per cent ...

    http://www.scmp.com/business/money/markets-investing/article/1576298/jump-bad-loans-sparks-sell-chongqing-rural
  7. News - China - POLLUTION

    Sulphur plant pollutes reservoir in Chongqing

    Posted Aug 18th 2014, 05:36am by Andrea Chen

    ... Andrea Chen andrea.chen@scmp.com Sulphur plant pollutes reservoir A reservoir in Chongqing has been contaminated by a sulphur processing plant, threatening the safety of water supplies to more than 50,000 villagers in nearby areas, state media reported yesterday. Environmental protection officials found traces of the chemical compound sodium ethyl xanthate in the reservoir ...

    http://www.scmp.com/news/china/article/1575656/sulphur-plant-pollutes-reservoir-chongqing
  8. News - China - HEALTH

    Chinese 'Flying Tigers' pilot who served in second world war squadron falls critically ill

    Posted Sep 24th 2014, 06:31pm by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com Hong Kong-born Long Qiming is struggling to pay for mounting medical bills in Chongqing Hongkonger Long Qiming, one of the last surviving members of a China-based wartime air squadron called the Flying Tigers, is critically ill at a Chongqing hospital and is struggling to pay his medical bills. Long, 91 – who flew transport aircraft and later ...

    http://www.scmp.com/news/china/article/1599592/chinese-flying-tigers-pilot-who-served-famous-ww2-squadron-falls
  9. Business - Money - ACQUISITIONS

    Chongqing broker Southwest Securities buys Tanrich for HK$700m

    Posted Jun 14th 2014, 04:19am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Chongqing broker takes over Tanrich Financial Southwest Securities has become the latest mainland brokerage to acquire a Hong Kong rival, after the trading arm of the Guangzhou city government bought Chong Hing Bank in a HK$12 billion deal last year. In a statement to the Shanghai stock exchange, the Chongqing-headquartered broker said its board had agreed ...

    http://www.scmp.com/business/money/markets-investing/article/1532112/chongqing-broker-southwest-securities-buys-tanrich
  10. News - China - MINING

    Death toll hits 22 in Chongqing coal mine accident

    Posted Jun 04th 2014, 09:24am by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing A 'gas incident' at a coal mine in Chongqing municipality caused the deaths of 22 workers late on Monday, state media reported Twenty-two people were killed in an accident at a coal mine in the southwestern municipality of Chongqing on Tuesday, state media reported. The accident at the Yanshitai coal mine in Chongqing's Wansheng ...

    http://www.scmp.com/news/china/article/1525052/death-toll-hits-22-chongqing-coal-mine-accident

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