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  1. Business - China Business - TELECOMMUNICATIONS

    ZTE aims to sharpen focus on US enterprise market

    Posted Feb 12th 2013, 12:00am by BIEN PEREZ

    ... businesses. Research firm Gartner last month forecast global spending on information technology by enterprises and governments to advance 4.2 per cent this year to US$3.7 trillion, up from US ... Technologies, the world's No 2 telecommunications equipment supplier, also started to sell into the enterprise market last year. Unlike ZTE, Huawei has actively marketed to US companies. ZTE's ...

  2. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... The first joint-venture project will be a condominium development in Singapore's Tanah Merah area. Keppel, through Sherwood Development, was awarded the prime residential site for US ... at the end of the day, China Vanke will settle down in two large markets- the US and Canada," said Lee, adding that markets such as Hong Kong are too small for the property giant. Analysts, ...

  3. Business - China Business - LISTINGS

    Fujian broker mulls Hong Kong float in expansion

    Posted Apr 12th 2013, 12:00am by REN WEI

    ... said the unit would be used as a platform for overseas expansion. "We will be looking for proper acquisition targets that can help us better serve institutional clients," he said. ...

  4. Property - Hong Kong & China - RETAILING

    Global brands pause as store sales growth slows on China

    Posted Apr 10th 2013, 12:00am by Yvonne Liu

    ... on the mainland in the next three to five years. Steve Chen, head of retail services at consultancy DTZ in China, said: "We met some global luxury brand operators recently and they told us ...

  5. Fosun, US group link up to form US$600m fund

    Posted Jan 14th 2011, 12:00am by Celine Sun

    ... in the United States, to set up a US$600 million private equity fund. Prudential Financial, as a limited partner, is investing US$500 million, while Fosun, as a general partner, will inject US ... and foreign enterprises with businesses in China. The deal is a significant move for both parties. To the US group, the fund is the single largest investment fund supplied to a third-party management ...

  6. Business - China Business - TAKEOVERS

    Foreign expansion ambitions to boost China M&A

    Posted Jan 31st 2013, 12:00am by PHOENIX KWONG

    ... natural gas project in Australia for US$1.63 billion, while oil-refiner China Petrochemical Corp, or Sinopec, spent US$2.5 billion on the acquisition of a Nigerian offshore project from French ... rose to a record high of US$65.2 billion, an increase of 54 per cent year on year. However, the total number of deals, including domestic M&As made by companies in Hong Kong, Macau ...

  7. Business - Companies - THE INTERVIEW

    Data hosting company follows the cloud

    Posted Dec 15th 2012, 12:00am by BIEN PEREZ

    ... sources and high-bandwidth links to the internet. Technology analyst firm Gartner estimated total revenue from data centre services in Asia reached US$10 billion last year. In 2008, Rackspace invested more than US$20 million in Hong Kong to establish its Asia-Pacific headquarters and set up a new facility in Sha Tin to serve more than 5,000 clients across the region. These include firms ...

  8. Business - China Business - EARNINGS

    Li Ning falls on warning of big full-year losses

    Posted Dec 18th 2012, 12:00am by Celine Sun

    ... at a scale large enough to fix the problems that had built up … over the last few years." The company, backed by Singapore sovereign fund GIC and US private equity fund TPG Capital, is still ...

  9. Business - China Business - RETAIL

    Retailer Stelux eyes dealmakers to turn around China business

    Posted Dec 04th 2012, 12:00am by Ray Chan

    ... up by former Ping An president Louis Cheung and Ma, a former chief financial officer at Lenovo and executive at US-based Texas Pacific Group. Earlier, Boyu bought HK$371 million ...

  10. Business - Companies - LISTINGS

    Restaurant chain Tsui Wah plans big expansion on the mainland

    Posted Nov 15th 2012, 12:00am by Ray Chan

    ... and Prax Capital have each committed to subscribe to US$10 million worth of shares as cornerstone investors with a one-year lock-up period. Tsui Wah was established in 1967. Eight of its 26 ...




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