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  • October 24, 2014
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  1. Business - China Business - PROPERTY

    Chinese Estates builds reserves with sale of stake in Jiangsu joint venture

    Posted Sep 07th 2012, 12:00am by Yvonne Liu

    ... stake in Jiangsu joint venture Chinese Estates Holdings - the Hong Kong-listed property developer at the centre of a corruption case in Macau - has sold its interest in a joint-venture project in Jiangsu province for US$500 million to increase its cash reserves. The company paid the same price to buy into the venture in June last year. In a statement to the stock exchange yesterday, ...

  2. Business - Companies - PROPERTY

    Swire Properties to invest 12b yuan in more mainland joint ventures

    Posted Sep 21st 2012, 12:00am by Sandy Li

    ... Sandy Li in Beijing sandy.li@scmp.com The two joint deals,in Shanghai and Chengdu, will add to the 18b yuan committed so far Swire to invest 12b yuan in more mainland ventures Swire Properties plans to invest a further 12 billion yuan (HK$14.7 billion) in two joint-venture commercial developments, in Shanghai and Chengdu, over the next four years. "By 2016, our mainland ...

  3. News - Hong Kong - EDUCATION

    Shenzhen university joint venture promises academic freedom

    Posted Oct 12th 2012, 12:00am by Dennis Chong

    ... independently," he said. The 100-hectare campus in Shenzhen's Longgang district, built on land donated by the local authorities, is the biggest joint venture so far between the Sha Tin-based academic ... was usually jointly run by a Communist Party official and the university head, the new institution would have a head who worked under an executive board. This board will contain an equal number ...

  4. Business - Companies - AUTOMOTIVE

    Beijing approves plan for Ford, Mazda to split three way joint venture

    Posted Aug 27th 2012, 01:34pm

    ... manufacturing and sales joint venture into two, Ford’s chief executive said on Monday. “We’re very pleased with the restructuring and the way it’s going. We have approval from (China’s central ... by Ford and Changan, and the Nanjing base by Mazda and Changan, executives close to the three-way joint venture said. They said the move is partly driven by Ford’s decision in 2008 to raise money ...

  5. Business - China Business - E-COMMERCE

    Wanda links with Tencent and Baidu in 5b yuan e-commerce venture

    Posted Aug 28th 2014, 05:03am by Reuters

    ... Reuters in Beijing Wanda joins net giants in 5b yuan deal Privately held Dalian Wanda Group is set to launch a 5 billion yuan (HK$6.2 billion) e-commerce joint venture with internet giants Tencent and Baidu, according to two sources familiar with the investment. The e-commerce venture, which will be 70 per cent owned by Wanda and 15 per cent held each by Tencent and Baidu, is set ...

  6. GE and Shenhua in gasification joint venture

    Posted May 11th 2012, 12:00am

    ... Daniel Ren in Shanghai Ren.wei@scmp.com General Electric has set up a 50-50 gasification joint venture with Shenhua Group, the country's largest coal producer, as the US conglomerate further consolidates its foothold in China. The signing of the joint venture- which will specialise in a technology that converts coal into a synthesis gas- came just three days after GE announced ...

  7. Poor year for Joint ventures on mainland

    Posted Nov 07th 2011, 12:00am

    ... of the joint ventures set up by international investment banks on the A-share market have yet to secure a single underwriting business so far this year. According to data from Thomson Reuters, only four of the existing Sino-foreign joint venture investment banks, including that of UBS Securities, secured underwriting deals for A-share initial public offerings in the first 10 months. ...

  8. TPV and Philips confirm LCD TV joint venture

    Posted Nov 11th 2011, 12:00am

    ... display (LCD) televisions after acquiring the loss-making TV business of Royal Philips Electronics. Dutch electronics giant Philips agreed to transfer its TV business into a joint venture ... deliver 'a well-established sales and distribution network without significant set-up costs [for TPV]'. The joint venture will be responsible for the design, manufacturing, distribution, ...

  9. Gome shares plunge on joint-venture woes

    Posted Oct 04th 2011, 12:00am

    ... Charlotte So charlotte.so@scmp.com Suspending plans to form a property joint venture with its jailed former chairman's other firms could not stem the selling pressure on Gome ... the stock lost 29 per cent last week following news that the company was planning to form a joint venture with the real estate unit of former chairman and founder Wong Kwong-yu, also known as Huang ...

  10. H.K. and mainland bourses weigh up joint venture

    Posted Aug 19th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong Exchanges and Clearing (HKEx) says it is talking to its mainland counterparts about setting up a joint venture to develop index or equity derivative products, although details remain sketchy. 'Currently the possible areas of business operation of the joint venture company include, but are not limited to, the development of index and other ...




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