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  • October 2, 2014
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  1. Guo Xin sues partner over property venture

    Posted Jul 02nd 2010, 12:00am by Toh Han Shih

    ... by mainland Chinese. Cheung Ping-kwong, a former business partner of MCK, and a mainland property firm he owns are being sued by Guo Xin International. In a writ filed with the High Court, Guo Xin is claiming 13.88 million yuan (HK$15.95 million) in damages. It is also seeking to prevent Cheung from selling a stake in a mainland property joint venture. Guo Xin is equally owned by Li Jiang, Shu ...

  2. Guo Xin sinks $96m to boost floating casino

    Posted Dec 17th 2004, 12:00am by Staff Reporter

    ... Winston Yau Guo Xin Group has agreed to spend $96 million to buy 60 per cent of Gainnew Group, a firm that will earn agency income from luring customers to a casino on the cruise liner Omar III and sell them gambling chips under a five-year contract. Chairman Zhang Yang (third from left), who signed the deal with Gainnew executive consultant Benny Ki (second from left), said ...

  3. Business - China Business - MARKETS

    Kingway shares climb after sale of breweries announced

    Posted Feb 07th 2013, 12:00am by Sandy Li

    ... China Resources Enterprises, which has a 51 per cent stake in China Resources Snow Breweries, fell 3 per cent to HK$26.1. Jessie Guo, an analyst at Jefferies Equity Research, wrote in a note on the deal: "This deal helps CRE to consolidate its market share, especially in Guangdong province. However, the acquisition valuation looks high." Guo's note said CRE has cash holdings ...

  4. 12 rounded up over pyramid scheme

    Posted Jan 14th 2009, 12:00am by Staff Reporter

    ... Jinzanghuang Pharmaceuticals legal representative Guo Wenyi , Xinhua said. Police had recovered more than 1 million yuan and handed the case to Baiyin People's Procuratorate for prosecution, the report said. Since May 2007, Mr Guo allowed people to become his employees if they paid 960 yuan, seven times the original price, for a dietary supplement. The employees could earn 230 yuan ...

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

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

    ... of Prudential Financial, who signed the memorandum of strategic co-operation with Fosun chairman Guo Guangchang yesterday. The fund will focus on industries benefiting from China's rapid economic growth, particularly consumption-related sectors, Guo said. A separate team will be formed to manage the fund and investment targets will cover domestic companies, including those listed abroad, ...

  6. Lenovo results will be ugly, says JP Morgan

    Posted Nov 06th 2008, 12:00am by Staff Reporter

    ... international expansion plans, analysts said. 'The numbers are going to look pretty ugly,' said JP Morgan analyst Charles Guo, referring to Lenovo's fiscal second-quarter results- to be announced tomorrow- and beyond. Mr Guo forecast that the computer supplier would post a 7.5 per cent drop in shipments to 5.9 million units in the quarter to October, down from an earlier forecast ...

  7. Lenovo sticking to current production strategy

    Posted Aug 11th 2009, 12:00am by Staff Reporter

    ... Morgan analyst Charles Guo said Lenovo's sourcing strategy 'would be difficult to change' because it involved other matters. 'For instance, the majority of ThinkPad notebook designs are done at Lenovo's centre in Yamato, Japan,' said Mr Guo. 'ODMs are mainly used for consumer notebook models, which currently contribute very low volume for Lenovo.' ...

  8. China Aoyuan survives hard times through fiscal restraint and resolve

    Posted May 14th 2008, 12:00am by Peggy Sito

    ... Peggy Sito Whether through hard work, perseverance or by sheer luck, Guo Ziwen has managed to keep his company in shape while many of the mainland's listed developers are unable ... Mr Guo said. But luck is definitely not the only ingredient of success, especially in an industry that has been through three rounds of austerity measures in a decade. Like its counterparts, ...

  9. Lenovo trading halted amid talk of revamp

    Posted Jan 08th 2009, 12:00am by Staff Reporter

    ... as much as what will be the impact of a major restructuring,' said analyst Charles Guo of JP Morgan. 'Investors want to see the company seriously thinking about how to thrive in this bad ... will that be enough?' asked Mr Guo, noting that there remained questions on how far Lenovo has integrated IBM's personal computer business. In 2007, chairman Yang Yuanqing attributed 70 per cent ...

  10. Shenzhen pair in row over HK$2m forfeited on flats

    Posted Mar 12th 2011, 12:00am by Ada Lee

    ... a mortgage. Guo Shujuan, 52, and Li Li, 50, put down deposits of HK$920,500 and HK$857,740 respectively on apartments in Harbour Place, Hung Hom, in 2007. They say that agents from Centaline property ... to be unsubstantiated. The women were in Hong Kong yesterday to lobby legislators over their cases. Guo, who is unemployed, said: 'No bank did a mortgage for us because we do not have regular income ...




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