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  • October 31, 2014
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  1. Spring Airlines delays listing plan to ride market boom

    Posted Oct 13th 2010, 12:00am by Charlotte So

    ... Charlotte So Spring Airlines, the only mainland budget airline to have survived the economic downturn, will delay its plan to list on the stock market to 2012 to capture a higher ... Four years ago, Citigroup had valued the company at up to 8 billion yuan (HK$9.3 billion). Spring Air operates 21 Airbus 320s- of which three are owned by the carrier- on 50 routes across ...

  2. HNA springs into talks on Shanghai hotel towers

    Posted Dec 03rd 2009, 12:00am by Naomi Rovnick, Peggy Sito

    ... Peggy Sito and Naomi Rovnick HNA Group, which co-owns Hainan Airlines with billionaire investor George Soros, has emerged as a white knight for two uncompleted hotel towers in Shanghai, reviving hopes they can be built before the city's World Expo ne ...

  3. Li & Fung to have another go at doubling profit by 2013

    Posted Mar 25th 2011, 12:00am by Denise Tsang

    ... hard but the global financial crisis in 2008 almost wiped out our three-year plan.' He said the 2011-2013 plan had not factored in the turmoil in the Middle East and the crisis in Japan, ... but challenging'. Li & Fung has set a target of a 62 per cent jump in the core operating profit of the trading arm to US$700 million in 2013 from last year; that of the logistics arm to leap to US$100 ...

  4. Sina springs poison pill on Shanda

    Posted Feb 23rd 2005, 12:00am by Michael Logan

    ... MICHAEL LOGAN Mainland web portal Sina Corp has adopted a 'poison pill' defence to block a potential hostile takeover by online game operator Shanda Interactive Entertainment- a move likely to disappoint investors dreaming of synergies between t ...

  5. Sina springs poison pill on Shanda

    Posted Feb 23rd 2005, 12:00am by Michael Logan

    ... Michael Logan Anti-takeover defence to trigger stock issue that makes buyout unattractive Mainland web portal Sina Corp has adopted a 'poison pill' defence to block a potential hostile takeover by online game operator Shanda Interactive Entertai ...

  6. Reversal of fortunes as market springs back

    Posted Sep 09th 2004, 12:00am by Allan Nam

    ... Reports by Allan Nam The 'extraordinary recovery' is accompanied by a rise in exits, fund-raising, new markets and new paradigms THE FLEDGLING VENTURE capital and private equity industry in Asia has gone through a torrid time in recent years, bu ...

  7. Business - Companies - ACQUISITIONS

    Shuanghui Intl's Smithfield purchase may raise US hackles

    Posted May 30th 2013, 12:00am by Reuters

    ... PETROLEUM     MIRROR LAKE                        US$8.8 billion (SWITZERLAND) 2010      REPSOL YPF                  SINOPEC GROUP                  US$7.1 billion (BRAZIL) 2013     SMITHFIELD FOODS ...

  8. Business - Companies - TELECOMMUNICATIONS

    Lenders give Citic full backing for Macau buy

    Posted Jan 17th 2013, 12:00am by Sophie Yu

    ... in mobile services in the world's biggest gaming destination. "We expect Macau's gaming revenue to grow by 10 to 15 per cent in 2013, which will be a growth driver for CTM's ...

  9. Business - China Business - ACQUISITIONS

    China's overseas investment set to soar, minister says

    Posted Nov 29th 2012, 12:00am by JANE CAI

    ... In the first nine months, it grew 7.7 per cent from a year ago. Few economists anticipate interest rate cuts next year as they expect GDP to rebound to around 8 per cent in 2013. ...

  10. HK$2b carrot for cruise bidders

    Posted Jul 10th 2008, 12:00am by Dennis Eng, Olga Wong, Paggie Leung

    ... and the terminal at the former airport site will not be ready until spring 2013 at the earliest. The government is prepared to take on the project itself if it does not receive any acceptable bids, ...




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