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  • July 14, 2014
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  1. Wal-Mart signs deal with Shenzhen union

    Posted Jul 25th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu After 18 months of negotiations, the mainland arm of retail giant Wal-Mart Stores signed a collective agreement with the company's Shenzhen union yesterday to provide improved benefits for its 8,500 employees there. The agreement includes an annual December review of salaries and an expected 9 per cent average pay rise for the year 2008/2009 as well as a 1 per ...

  2. IBM opens mainland server recycling plant

    Posted Mar 02nd 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com International Business Machines (IBM) has opened the mainland's first dedicated plant for rebuilding and refurbishing old server computers, placing the 100-year-old technology giant at the forefront of a niche domestic ...

  3. Walmart in China

    Posted Jan 15th 2012, 12:00am

    ... stores- that has not happened in its branches outside China. 'After more than a decade of proliferating codes of conduct in the global toy industry, sweatshop labour abuses have clearly ...

  4. Wal-Mart starts probe on suicide at Shenzhen plant

    Posted Jul 12th 2011, 12:00am

    ... of the suicide at the Sturdy Products Factory, we immediately launched an investigation.' Murphy said Wal-Mart was also in contact with the International Council of Toy Industries (ICTI), a trade ...

  5. Allow HK firms to list on Shenzhen exchange, think tank says

    Posted Jul 28th 2009, 12:00am by Gary Cheung

    ... the stock market in Hong Kong would become the 'Dow Jones Industrial Average in the Pearl River Delta' while Shenzhen's stock exchange would turn into the 'Nasdaq' ... a formula for sharing the work in the financial services industry. 'In the long run, Hong Kong's stock exchange should concentrate on trading shares of main-board firms, including ...

  6. Bargain hunters pounce as Wen Jiabao soothes nerves

    Posted Sep 15th 2004, 12:00am by Staff Reporter

    ... said. Bucking the trend, Anhui Xingma Automobile tumbled 5.77 per cent while Jiangsu Hongdou Industry fell 3.78 per cent. Dow Jones, Reuters, Agence France-Presse ...

  7. News - China

    Qianhai economic zone chief says it won't compete with Hong Kong

    Posted Jun 28th 2013, 12:00am by George Chen

    ... Shenzhen-Hong Kong Modern Service Industry Co-operation Zone. "Hong Kong is already China's largest offshore yuan trading centre. Our job is to help to make Hong Kong even more important ... But doubts over Qianhai's role and future quickly surfaced in Hong Kong. Some financial industry players consider it the latest threat to Hong Kong's role as a leading financial centre, ...

  8. News - China

    Five killed as huge sinkhole engulfs workers in Shenzhen

    Posted May 21st 2013, 07:07pm by AFP

    ... Agence France-Presse in Beijing Five people were killed when a 10-metre-wide sinkhole opened up at the gates of an industrial estate and swallowed factory workers in Shenzhen, local ... the incident. The sinkhole formed just outside the Huamao Industrial Park in Shenzhen on Monday evening, at a time when many factory workers would have been changing shifts, according to the website ...

  9. ZTE posts weak 150.9m yuan profit

    Posted Apr 27th 2012, 12:00am

    ... (HK$185.24 million), up from 127.29 million yuan a year earlier, as it aggressively competed in price to bolster sales worldwide. That missed the 183 million yuan average forecast by analysts polled ...

  10. Property prices increase by an average of 6pc in top 70 cities

    Posted May 17th 2007, 12:00am by Staff Reporter

    ... Ng Tze-wei Prices for new residential property in 70 main cities rose by an average of 6 per cent year on year in the first quarter, with prices in Shenzhen, Beijing and Guangzhou rising ... for commerce, tourism and entertainment rising as much as 20.9 per cent. Average rents rose by 1.8 per cent year on year in the first quarter, 0.4 percentage points higher than in the last quarter ...




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