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  • July 12, 2014
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  1. Business - Commodities - ENERGY

    CLP Power and China Southern Power buy Exxon Mobil's power plant stakes

    Posted Nov 20th 2013, 02:55am by Anita Lam and Denise Tsang

    ... Kong- will jump from 40 per cent to 70 per cent. CSG will hold the remaining 30 per cent. CLP vice-chairwoman Betty Yuen So Siu-mai said it was a natural commercial decision to bring CSG ... Kong's biggest electricity provider, CLP Power, and state-owned China Southern Power Grid (CSG), will each pay HK$12 billion to acquire Exxon Mobil's 60 per cent stake in Castle Peak Power ...

    http://www.scmp.com/business/companies/article/1360700/clp-power-and-china-southern-power-buy-exxon-mobils-power-plant
  2. CSG eyes fixed-asset splurge

    Posted Oct 26th 2011, 12:00am

    ... Sophie Yu sophie.yu@scmp.com China Southern Power Grid (CSG), the smaller of China's two regional monopoly power distributors, said its investment in fixed assets would top 500 ... or debt obligations, to finance the construction of grid networks, which are currently unable to support the amount of power China produces. Earlier this year, CSG was given approval to issue ...

    http://www.scmp.com/article/982963/csg-eyes-fixed-asset-splurge
  3. Comment - Insight & Opinion - LEADER

    Energy importation plan can be made to work

    Posted May 07th 2014, 03:37am by SCMP Editorial

    ... and China Southern Power Grid. Of Daya Bay's reliability there is little doubt. Quarter-owned by Hong Kong-listed CLP Holdings, it has been providing electricity to our city for two decades. But CSG does not have as solid a record of supply reliability as local power producers CLP and Hongkong Electric, raising concerns about reputation and business attractiveness should it be added ...

    http://www.scmp.com/comment/insight-opinion/article/1506212/energy-importation-plan-can-be-made-work
  4. Business - Companies - ACQUISITIONS

    Deal boosts CLP's options for China

    Posted Nov 20th 2013, 02:55am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com With HK$12b outlay for joint stake in Capco, analysts say HK power producer could use the CSG alliance for cross-border opportunities Deal boosts CLP's options for mainland The mega deal that electricity utility CLP Holdings and state-owned China Southern Power Grid (CSG) struck yesterday knits the power markets of Hong Kong ...

    http://www.scmp.com/business/companies/article/1360726/deal-boosts-clps-options-china
  5. Comment - Letters

    China Southern Grid electricity imports could adversely affect cost and supply

    Posted May 12th 2014, 03:08am by LETTERS

    ... is only a small difference in reliability of the output of CSG (China Southern Grid) and Hong Kong's two power companies". You rightly pointed out that the supply reliability ... Macau imports more than 90 per cent of its power from CSG. The price of the imported power increased by 27 per cent from 2008 to 2013. Macau's current domestic tariff is HK$1.31 per unit, ...

    http://www.scmp.com/comment/letters/article/1510121/china-southern-grid-electricity-imports-could-adversely-affect-cost
  6. News - China - POPULATION

    Birth rate holds steady after one-child policy eased, but there won't be further easing

    Posted Jul 11th 2014, 04:36am by Zhuang Pinghui

    ... Zhuang Pinghui pinghui.zhuang@scmp.com A broader relaxation of the one-child policy would trigger a baby boom and introduce pressure on resources, family planners say Birth rate steady but easing rule any further unlikely The birth rate has remained stabl ...

    http://www.scmp.com/news/china/article/1551461/birth-rate-holds-steady-after-one-child-policy-eased-there-wont-be
  7. News - China - PEOPLE

    Beijing police hold online celebrity Guo Meimei on World Cup gambling charges

    Posted Jul 11th 2014, 09:39am

    ... Adrian Wan adrian.wan@scmp.com Guo Meiling allegedly placed wagers on games with illegal gambling ring that took bets by phone or text message and placed them overseas Guo Meiling, who stepped into the public eye after flaunting her wealth online three ye ...

    http://www.scmp.com/news/china/article/1551753/online-celebrity-held-beijing-gambling-charges
  8. News - Hong Kong - TRANSPORT

    Ventilation fault holds up Admiralty-Central trains on Tsuen Wan Line

    Posted Jul 10th 2014, 01:36pm by Ada Lee and Danny Lee

    ... Ada Lee and Danny Lee Commuters are left stuck on Admiralty platform because of loose device Ventilation fault holds up trains to Central A loose component in the ventilation system brought MTR services on the Tsuen Wan Line between Admiralty and Central to a halt for 30 minutes yesterday, while minor incidents plagued other lines. The delay came after the faulty part tripped ...

    http://www.scmp.com/news/hong-kong/article/1551018/power-failure-forces-platform-closure-central-mtr-station
  9. Business - Banking & Finance

    South Korea holds key bank rate as strong won threatens growth

    Posted Jul 11th 2014, 01:31am by Bloomberg

    ... Bloomberg in Seoul South Korea holds key rate as growth threatened The Bank of Korea left its key rate unchanged as governor Lee Ju-yeol seeks to spur an economy that Finance Minister nominee Choi Kyung-hwan warned faces increasing downside risks. The central bank held the seven-day repurchase rate at 2.5 per cent for a 14th consecutive month, it said in a statement in Seoul ...

    http://www.scmp.com/business/banking-finance/article/1551492/south-korea-holds-key-bank-rate-strong-won-threatens-growth
  10. News - World - URUGUAY

    Uruguay puts legalised marijuana on hold until next year

    Posted Jul 11th 2014, 12:04am by AFP

    ... Agence France-Presse in Montevideo Legalised marijuana on hold till next year Uruguayan President Jose Mujica said legalised sales of marijuana by his government will be delayed until next year because of difficulties in implementing the controversial new law. The South American country in December became the first in the world to announce that it would regulate the market ...

    http://www.scmp.com/news/world/article/1551232/uruguay-puts-legalised-marijuana-hold-until-next-year

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