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  1. Company profile - Citic Pacific

    Posted Jun 02nd 2008, 12:00am by Staff Reporter

    ... Citic Pacific's major businesses are special steel manufacturing and iron ore mining, supplying raw materials needed in the making of special steel, and property development in the mainland. Other business activities include power generation, aviation, civil infrastructure and communications, distribution of motor vehicles and consumer products. ...

  2. Citic 1616 counts on mainland market and 3G to drive growth

    Posted Mar 16th 2007, 12:00am by Carol Chan

    ... Lee Yuk-kei and Carol Chan Listing candidate Citic 1616 Holdings, a value-added telecommunications service provider wholly owned by Citic Pacific, is counting on a growing market ... Citic Pacific's stake in the subsidiary would be slashed to 50.09 per cent after the listing and full exercise of the overallotment option. ...

  3. Citic 1616 earnings gain 35pc on SMS growth

    Posted Aug 03rd 2007, 12:00am by Staff Reporter

    ... Jeff Pao Citic 1616, the value-added telecommunications service unit of mainland conglomerate Citic Pacific, said first-half net profit jumped 35 per cent, bolstered by strong growth ... rise 4.4 per cent to HK$554 million. Citic 1616 said it might spend as much as HK$240 million on acquisitions this year, targeting telecoms service providers or mainland companies that provide ...

  4. More reliable connection in the cards

    Posted Nov 26th 2004, 12:00am by Georgina Lee

    ... Georgina Lee Internet services providers can look forward to more reliable connection on Hong Kong Internet Exchange 2 (HKIX2). The territory's second public internet exchange was built jointly by the Chinese University of Hong Kong and Citic Telecom 1616, the IDD wholesale arm of China-backed conglomerate Citic Pacific Group, which provided the infrastructure ...

  5. Citic 1616 eyes 3G operators to drive growth

    Posted Mar 13th 2007, 12:00am by Staff Reporter

    ... Jeff Pao Citic 1616, a value-added telecommunications service provider owned wholly by Hong Kong-listed Citic Pacific, will seek to buy mainland companies that provide third-generation ... 3G applications,' Mr Yuen said. The company was established in 1999 and became a wholly owned subsidiary of Citic Pacific in May 2000. It has 170 employees, 90 per cent of whom ...

  6. In Brief

    Posted Jun 28th 2006, 12:00am by Staff Reporter

    ... proprietary mobile television technology, cell multimedia broadcast. PCCW refused to say when it would commercially launch its 3G service. china life pays 3.25b yuan for citic securities stake China Life Insurance said yesterday it had bought an 11.89 per cent stake in Citic Securities for 3.25 billion yuan, an offer price of 9.29 yuan per share, by acquiring 350 million non-publicly ...

  7. Business - Companies - AVIATION

    Cathay Pacific eyes hi-tech 'self-boarding' gates in Hong Kong

    Posted May 09th 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Technology allows passengers onto plane without a manual document check by ground staff, with face-detection cameras at checkpoints Cathay Pacific eyes hi-tech 'self-boarding' gates in HK Cathay Pacific Airways is considering installing "self-boarding" gates at the airport, which would speed up boarding procedures and improve ...

  8. Enterprise digest

    Posted Apr 04th 2006, 12:00am by Staff Reporter

    ... the mainland's leading PC suppliers last year were Lenovo, Founder, Tongfang, Dell, and Hewlett-Packard. New business call service CPCNet, a wholly owned subsidiary of Citic Pacific, launched last week ... and mitigating risk exposure from our fixed odds betting operations,' Mr Sin said. Cathay bookings get system backup Cathay Pacific Holidays, a subsidiary of Hong Kong's international airline, ...

  9. Business - Companies - TELECOMS

    Citic Telecom International upbeat on second half with new app

    Posted Aug 16th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Citic Telecom upbeat on second half with new app Citic Telecom International posted a 2.1 per cent year-on-year increase in net profit to HK$238.8 million ... and mobile value-added services showed strong growth momentum, rising 32.4 per cent and 24.4 per cent respectively during the period to HK$426 million and HK$96 million. Citic Telecom has recently ...

  10. Thomson to buy Nokia venture stake

    Posted Jul 30th 2004, 12:00am by Staff Reporter

    ... Winston Yau Thomson of France will buy a 50 per cent stake in a Sino-foreign cable television set-top box joint venture from Nokia of Finland. The venture, Nokia/Citic Digital Technology, will be renamed Thomson/Citic Digital Technology, pending approval by the mainland's regulatory authorities of the deal. Thomson declined to disclose the transaction value. The Chinese partners ...




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