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  • October 30, 2014
  • Last updated: 11:33pm
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  1. Property - Hong Kong & China

    Developer Future Land sets up joint ventures for Nanjing and Suzhou sites

    Posted Oct 24th 2014, 11:20am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Future Land Development Holdings has set up two joint ventures to develop two sites in Nanjing and Suzhou that will require a total land premium of 3.82 billion yuan (HK$4.83 billion). The developer, in a filing to the stock exchange on Friday, said the Nanjing site would be held by a joint venture between subsidiaries Gongmi Industrial and Future Land ...

  2. Business - China Business - TRANSPORT

    CNR joint venture wins US$556.6 million Boston subway car contract

    Posted Oct 23rd 2014, 03:32pm by CHIM SAU-WAI

    ... Chim Sau-wai sauwai.chim@scmp.com CNR to supply Boston subway in its first US deal Mainland train maker China CNR Corp has won its first US order as part of a joint venture that will sell ... on the orange line. The contract includes an option to buy 58 additional red-line cars. It said six companies had submitted proposals, four of which met the minimum requirements, with CNR MA, a joint ...

  3. Business - Companies

    Volkswagen-FAW joint venture extended by 25 years

    Posted Oct 13th 2014, 04:13am by Reuters

    ... Reuters in Berlin VW-FAW venture extended by 25 years Volkswagen extended its joint venture with China FAW Group Corp by 25 years, as the German manufacturer steps up its bid ... per cent or less of joint venture companies run together with Chinese enterprises. Although Chinese demand is slowing somewhat, car sales in the world's No2 economy have still been up ...

  4. Business - China Business - EARNINGS

    Brilliance profit soars on back of BMW joint venture sales

    Posted Aug 20th 2014, 01:34am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland carmaker's joint venture with German leader pays offwith first-half net rising 78.7pc Brilliance profit soars on back of BMW ... of its joint venture BMW Brilliance, and expansion plans for the firm were going ahead. "In order to cater to expected market demand and additional future new products, the [BMW Brilliance ...

  5. Business - China Business - MANUFACTURING

    Earnings look bright for joint-venture carmakers in China

    Posted Aug 18th 2014, 04:01am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Earnings look bright for joint-venture carmakers Strong sales under joint-venture brands are setting up bright earnings reports by carmakers Brilliance China Automotive and Dongfeng Motor for the first half, but their homegrown peers lacking such partnerships are expected to unveil crimped profits. "Sales growth of joint-venture ...

  6. Business - China Business - SHIPBUILDING

    US$1.1b tanker joint venture to boost China’s energy shipping capacity

    Posted Aug 12th 2014, 01:59pm by JING YANG

    ... Jing Yang jing.yang@scmp.com Two Chinese state-owned tanker giants are setting up a joint venture in a US$1.1 billion deal that could boost the energy shipping capacity of the world’s top ... The statement did not say whether the joint venture will take over the VLCC fleet from beleaguered Nanjing Tanker, which was delisted from the Shanghai Stock Exchange in June after four consecutive ...

  7. Business - China Business - SHIPPING

    US$1.1b tanker joint venture to boost China's energy shipping capacity

    Posted Aug 13th 2014, 01:11am by JING YANG

    ... Jing Yang jing.yang@scmp.com Self-reliance prospect in tanker deal Two state-owned tanker giants are setting up a joint venture in a US$1.1 billion deal that could pave the way ... is in 22nd place. Opportunities for independent tanker owners will become really limited RALPH LESZCZYNSKI, BANCOSTA The statement did not say whether the joint venture will take over 19 other VLCCs ...

  8. Business - China Business - SHIPBUILDING

    China Ocean Shipbuilding in joint venture with 2 Ningbo firms

    Posted Aug 07th 2014, 09:35am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com China Ocean links with partners at Ningbo port China Ocean Shipbuilding Industry has entered into a 508 million yuan (HK$638 million) joint venture with two Chinese state-linked companies in Zhoushan, part of the port of Ningbo in Zhejiang province, the Hong Kong-listed firm announced yesterday. The joint venture, Zhoushan China Ocean ...

  9. Business - Companies

    Lufthansa adds revenue sharing joint venture to Air China partnership

    Posted Jul 08th 2014, 01:54am by SIJIA JIANG

    ... by setting up a revenue-sharing joint venture as it looks to gain better access to the world's second-largest aviation market after the US. Lufthansa chief executive Carston Spohr said at the signing of a memorandum of understanding with Air China in Beijing yesterday- on the second day of German Chancellor Dr Angela Merkel's state visit to China- that the new joint venture would ...

  10. Business - China Business

    China joint venture to make PlayStations

    Posted May 27th 2014, 01:34am by BLOOM

    ... Reuters in Beijing PlayStations to be made in China by joint venture Sony and Shanghai Oriental Pearl will set up two joint ventures to make and market Sony's PlayStation games console on the mainland, Shanghai Oriental Pearl said yesterday. One joint venture would be responsible for the console's hardware, while the other would focus on software, the mainland ...




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