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  1. Chinachem raises curtain on cinema chain

    Posted Oct 08th 2003, 12:00am by Staff Reporter

    ... Chinachem Group plans to open a chain of cinemas in more than 20 mainland cities, taking advantage of new rules which allow Hong Kong companies to own majority stakes in China ... the digital equipment will cost $2 million to $3 million per cinema. Majority ownership of mainland cinemas is now possible because restrictions had to be relaxed as part of China's World Trade ...

  2. Fab plans aggressive China expansion

    Posted Feb 09th 2004, 12:00am by Staff Reporter

    ... and third-tier cities. The cinemas are usually state-run and screen unattractive domestic movies.' Industry research shows that China has 30 million video players, 10 million CD players, 30 million ... Shenyang and Chengdu. 'Localisation is the key,' Fab executive director and vice-president Diana Zhang said. 'We have been in China for 15 years and our business is profitable.' ...

  3. Fab plans aggressive China expansion

    Posted Feb 09th 2004, 12:00am by Staff Reporter

    ... Diana Zhang said. 'We have been in China for 15 years and our business is profitable.' The firm's annual sales are measured in hundreds of million yuan, with 80 per cent from VCD ... watching films at home to visiting cinemas,' Ms Zhang said. 'There are not many theatres in second- and third-tier cities. The cinemas are usually state-run and screen unattractive ...

  4. In Brief

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... CHINA UNICOM TARGETS MAINLAND ACQUISITIONS China Unicom confirmed it is in talks with its mainland parent to acquire cellular telecommunications assets and businesses in China but said ... the largest shareholder with the aim of entering China's pharmaceutical and healthcare sectors. Swissfirst will buy 30 million shares of TechCap at $2.545 each, a 3.88 per cent premium ...

  5. 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 ...

  6. 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 ...

  7. 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- ...

  8. Box office set to hit 1.3b yuan

    Posted Nov 29th 2004, 12:00am by Staff Reporter

    ... Sidney Luk China's box office is estimated to grow 30 per cent to 1.3 billion yuan this year, with domestic movies playing an increasingly bigger role as more foreign filmmakers join the rush into mainland co-production. The country's film revenues would grow from one billion yuan previously to 1.3 billion yuan this year, the China Film Group estimates, helped by a likely ...

  9. Business - China Business - TAKEOVERS

    Foreign expansion ambitions to boost China M&A

    Posted Jan 31st 2013, 12:00am by PHOENIX KWONG

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Buyout activity in China is expected to rise this year, fuelled by overseas acquisitions, says PwC Foreign expansion ambitions to boost China M&A China's merger and acquisition (M&A) activity is expected to rebound this year, driven mainly by the overseas expansion ambitions of privately owned companies in the retail ...

  10. Business - China Business - RETAIL

    Retailer Stelux eyes dealmakers to turn around China business

    Posted Dec 04th 2012, 12:00am by Ray Chan

    ... the company's performance in China. Stelux's shares advanced nearly 14 per cent at one point and firmed up 10 per cent yesterday to HK$2.53, after Joseph Wong said he plans to nominate Mary Ma and Alex Wong of Boyu Capital, as non-executive directors responsible for Stelux's expansion plan on the mainland. Boyu Capital, a private equity firm specialising in China investment, was set ...




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