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  • July 14, 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. Digital China and IBM push into Hong Kong

    Posted Jul 11th 2005, 12:00am by Georgina Lee

    ... is to expand into Hong Kong's IT services industry in partnership with IBM. Announcing the partnership yesterday, Digital China president Guo Wei said it would distribute IBM servers and storage ... SMEs, especially those with branches on the mainland and help them improve their companies' IT systems,' said Mr Guo. He did not say how the two companies will split the revenue. ...

  3. 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.' ...

  4. Airbus engine launches challenge to China's home-grown aircraft

    Posted Dec 03rd 2010, 12:00am by Charlotte So

    ... confirmation,' said Guo Bozhi, head of the Shanghai Aircraft Design and Research Institute, which designed the ARJ 21 and C919 aircraft for Chinese aircraft makers. The institute has a long checklist to complete to enhance the efficiency of the C919 before its commercial launch in 2016. Guo said designers needed to engineer a 10 to 15 per cent reduction in weight and a 5 per cent reduction ...

  5. Successful philosophy leans towards profit

    Posted Aug 25th 2003, 12:00am by Mark O'Neill

    ... Poor stonemason's son shows a steady hand as he replaces the 'tail on capitalism' and becomes a billionaire in 10 years Guo Guangchang is the son of a rural stonemason who ... in China and the seventh largest private firm. Mr Guo is the president and biggest shareholder, owning more than 30 per cent, valuing him at more than three billion yuan. From the 11th storey ...

  6. Irico to expand capacity with 2b yuan investment

    Posted Oct 22nd 2008, 12:00am by Staff Reporter

    ... of TFT glass substrate commenced production last month, we have received very positive feedback from bankers for the proposal of our second-phase expansion,' said Guo Mengquan, deputy ... million yuan building Irico Glass' first production line, which has an annual capacity of about 750,000 square metres of glass. Mr Guo said the first production line would generate about 300 ...

  7. Fosun may spin off strategic units

    Posted Jun 20th 2009, 12:00am by Staff Reporter

    ... that Beijing had reopened the door to initial public offerings. The group had 33 affiliates but only two were qualified to list on the mainland as of last year, said chairman and chief executive Guo ... China International Capital Corp, UBS and Morgan Stanley have been hired as the underwriters. Mr Guo declined to comment. The potential spin-off of its pharmaceutical subsidiary could ...

  8. Lenovo unveils 'go west' plan after rebounding to profit

    Posted Aug 20th 2010, 12:00am by Staff Reporter

    ... growing emerging and mature markets- citing places such as Brazil, Russia, India, and North America. Charles Guo, a vice-president of Asia-Pacific equity research at JP Morgan, said a key ... Lenovo's dominance in the lower-tier cities and commercial segments,' Guo said. ...

  9. Cement companies turn over a new leaf

    Posted May 12th 2008, 12:00am by Kandy Wong

    ... big companies,' said Guo Jingbin, executive director of Anhui Conch Cement. Excess capacity has also hurt prices and made it difficult for producers to raise rates. Cement prices last ... 'Consolidation doesn't necessarily mean acquisition,' said Mr Guo. He said local governments should drive consolidation by ordering polluting producers to close shop. 'Companies ...

  10. Lenovo unit to focus on smartphones and tablets

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

    ... and Raleigh. 'It will be good for Lenovo to have a separate unit in charge of mobile internet devices since China is its testing ground for these products,' Charles Guo, an analyst at JP ...




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