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  1. Home Depot says store closures part of strategy to focus on core cities

    Posted Mar 31st 2011, 12:00am by Celine Sun

    ... 'That closure helped us find our strategy going forward. Now we will focus on two core markets in Tianjin and Xian. We'll grow from there, get leadership there and then move on to other ... made a decision [to close the stores] if they did not make sense from a commercial or financial perspective.' The decision was part of the company's plan to focus on the Tianjin ...

  2. Lenovo unit to focus on smartphones and tablets

    Posted Jan 19th 2011, 12:00am by Staff Reporter

    ... Bien Perez Mainland computer giant Lenovo Group plans to sharpen its focus on smartphones and media tablets through a new business unit that will be responsible for mobile internet ... are putting the focus and investments in place to fully capitalise on these opportunities to drive growth in our business today and for many years to come,' the company's chief executive, ...

  3. Focus Media set for strong sales as advertisers tap into lower-tier cities

    Posted Oct 11th 2010, 12:00am by Staff Reporter

    ... Bien Perez A year after Sina's US$1.4 billion deal to buy its core assets collapsed, mainland digital advertising network operator Focus Media is banking on tweaks in its operation and robust consumer spending across the country to help shore up its revenue. Shanghai-based Focus Media, which operates the mainland's largest out-of-home audiovisual digital display ...

  4. Group focuses on oilseed processing

    Posted Apr 27th 2009, 12:00am by Howard Kwong

    ... Howard Kwong To sustain its revenue growth this year, China Agri-Industries Holdings (China Agri) will strengthen its production capacity and extend its distribution channels. The oilseed processing business is the key driver for the group's revenue. ...

  5. RBS strategy puts focus on HK, mainland

    Posted Mar 17th 2009, 12:00am by Staff Reporter

    ... and medium-sized enterprise businesses for sale. Instead, it has ambitions for further development. 'We will focus on wholesale banking and investment banking, where our strength rests. ... and focus on its troubled home market after the British government injected more than?0 billion (HK$440.13 billion) to bail the bank out. In January, RBS sold its entire 4.3 per cent stake in Bank ...

  6. Fosun branches out with stake in Focus Media

    Posted Dec 25th 2008, 12:00am by Carol Chan

    ... Carol Chan Shanghai conglomerate Fosun International has paid US$150.11 million for a 13.33 per cent stake in advertising firm Focus Media Holding, expanding its diversified investment portfolio into a new industry. The company bought 17.27 million American depositary shares of Focus Media between November 17 and December 22 on the Nasdaq Stock Market, Fosun said in a statement ...

  7. Focus Media books loss from in-store display unit

    Posted Dec 11th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Focus Media Holding, the mainland's largest outdoor electronic display company, has booked a one-time loss of US$200 million in its fourth-quarter results after a display business bought last year failed to deliver its profit target. Focus Media bought in-store digital display operator CGen Digital Media in December last year for a cash consideration ...

  8. Funds shift focus to retail property

    Posted Nov 10th 2008, 12:00am by Sandy Li

    ... Sandy Li Investment in the mainland retail market is expected to rise as more institutional funds channel capital into the sector, which is less restricted by the government, industry observers say. Early this month, Grosvenor formed a US$600 million fund ...

  9. Great Wall Motor focuses on A-share offer

    Posted Sep 09th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Great Wall Motor, the mainland's largest sports utility vehicle maker, will keep pushing its A-share initial public offering plan as it hopes a listing will raise brand recognition on the mainland, an executive says. 'We'll conti ...

  10. Red chip sells A-share asset to focus on retailing

    Posted Apr 15th 2005, 12:00am by Denise Tsang

    ... Denise Tsang Red chip China Resources Enterprise has sold its stake in a food and beverage producer for 432.2 million yuan as part of its drive to focus on its core business- selling consumer products on the mainland. The disposal of a 25.09 per cent stake in A share Xuzhou VV Food and Beverage by the group's wholly owned food and processing arm, Ng Fung Hong, boosted its ...




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