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  • October 21, 2014
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  1. Dongfeng to invest 30b yuan in growth

    Posted Mar 31st 2011, 12:00am by Staff Reporter

    ... Neil Gough Dongfeng Motor Group, the largest Hong Kong-listed carmaker by market value, plans to invest 30 billion yuan (HK$35.58 billion) in the next two years to boost production and research and development capacity to meet booming demand in the world's largest car market. Dongfeng plans to launch 14 new passenger-car models and three new series of trucks and buses ...

  2. FAW Car invests 1.79b yuan to revive struggling Red Flag brand

    Posted Aug 27th 2010, 12:00am by Staff Reporter

    ... Neil Gough State-owned FAW Car is betting 1.79 billion yuan (HK$2.04 billion) that it can raise high the Red Flag once again. The Changchun-based carmaker said yesterday it is investing that sum in a plant with an annual capacity of 30,000 cars. It will be dedicated to resurrecting the historic but struggling Hongqi, or Red Flag, brand of high-end passenger cars. FAW Car said ...

  3. Guangqi Honda to invest 930m yuan to lift capacity

    Posted May 26th 2010, 12:00am by Staff Reporter

    ... Neil Gough Guangqi Honda Automobile said yesterday it planned to spend 930 million yuan (HK$1.06 billion) to boost production capacity by a third by the end of next year in order to ease supply-side constraints and meet soaring demand for its mid- to high ...

  4. Asia Energy invests in railway and ships to expand into logistics

    Posted Apr 23rd 2010, 12:00am by Eric Ng

    ... Eric Ng Beijing is encouraging private enterprises to invest in railway lines to help meet surging demand for the transport of freight, according to Asia Energy Logistics Group, the mainland's first private majority foreign-owned operator of cargo railways. The company, which focuses on waste incineration and power generation, is hoping to diversify into the logistics industry, ...

  5. BASF plans to invest Euro1b in Greater China

    Posted Sep 30th 2009, 12:00am by Eric Ng

    ... Eric Ng German chemical giant BASF plans to invest more than Euro1 billion (HK$11.3 billion) in Greater China and hire thousands of employees by 2013, expecting mainland sales to grow ... of Euro2billion for the region by 2013. 'We want to invest close to our customers in the markets, [and] most of the budget is allocated for China,' he said. 'But there is still room ...

  6. Oil giant invests in social responsibility

    Posted Sep 28th 2009, 12:00am by Staff Reporter

    ... to generate thousands of other non-direct jobs in China. Wealth creation, such as this, is repeated via Aramco Overseas Company, another subsidiary of Saudi Aramco investments at S-Oil in South Korea and Showa Shell in Japan. For Saudi Aramco, these investments were a contribution to the economies of these countries and the livelihoods of hundreds of families, a company spokesman said. ...

  7. London calling for Chinese investments

    Posted Aug 08th 2009, 12:00am by Mark O'Neill

    ... investments in more genteel climes. England is increasingly becoming a favoured investment destination for mainland companies. And it seems even the iconic London cab may not be safe. Despite billions ... their presence felt. Britain is winning the race to be the centre of Chinese investment in Europe. It is locked in fierce competition with France, Germany and other European Union countries which aim ...

  8. Daewoo Securities plans to open investment bank in Hong Kong

    Posted Jul 13th 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Daewoo Securities, South Korea's second-largest brokerage by market capitalisation, is setting up a full-service investment bank in Hong Kong. The brokerage has begun ... spotted opportunities to hire financial experts and launch new businesses. Japan's Nomura bought the Asian operations of collapsed American investment bank Lehman Brothers last September, ...

  9. Chery to invest US$500m in Argentine joint venture

    Posted Feb 02nd 2009, 12:00am by Kandy Wong

    ... is lobbying the Argentine government to help finance the investment. With demand slumping as a result of the global financial crisis, sales of new cars in Argentina almost halved on a year-on-year ... million (HK$801.35 million) investment, though it has abandoned efforts to build a plant in Russia. Chery's direct rival, Hong Kong-listed Geely Automobile Holdings, is also negotiating ...

  10. Foreign firms target HK for bio-diesel investment

    Posted May 26th 2008, 12:00am by Joyce Man

    ... a good legal system and business environment. With many restaurants, there is plenty of raw material- used cooking oil- for bio-diesel manufacturing, InvestHK special projects head Ivy Chian ... similar plans but had cancelled them after a feasibility study. Bio-diesel companies from Canada, the United States and the mainland also have expressed interest to InvestHK, she said. 'There ...




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