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  • September 19, 2014
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  1. Business - Companies - INVESTMENT

    Investment firm Fosun shopping overseas for insurance firms

    Posted Aug 27th 2014, 10:08am by Toh Han Shih, Langi Chiang

    ... its gearing ratio, chief executive Leo Liang Xinjun said yesterday. "We are very interested in investing in insurance firms," Liang said. "We want to increase our pool ... international investments. Liang said Fosun was also acquiring a controlling stake in an unnamed, unlisted Hong Kong securities firm to take advantage of the planned through train stock trading scheme ...

    http://www.scmp.com/business/companies/article/1581050/fosun-insurance-revenue-8294pc
  2. Business - China Business - TRANSPORT

    China to offer 300 billion yuan of railway contracts until end of the year

    Posted Sep 03rd 2014, 01:33am by CHIM SAU-WAI

    ... for people's livelihood and economic development," said Yang Liang, chief financial officer of China Railway Group. Yu Tengqun, secretary of the board of directors of the state-owned railway firm, ...

    http://www.scmp.com/business/china-business/article/1584079/china-offer-300-billion-yuan-railway-contracts-until-end
  3. Business - China Business

    Miner plans HK$405.65m rights issue to fund real estate deal with director

    Posted Aug 19th 2014, 11:20am by Enoch Yiu

    ... in Chongqing. The 40 per cent stake will be bought from China Yunnan executive director Liang Shan, who owns 87.2 per cent of China Sky. To finance the deal, China Yunnan proposed a share consolidation ...

    http://www.scmp.com/business/china-business/article/1576669/miner-plans-hk40565m-rights-issue-fund-real-estate-deal
  4. Business - Money - EARNINGS

    Jump in bad loans sparks sell-off in Chongqing Rural Commercial Bank shares

    Posted Aug 19th 2014, 01:27am by DON WEINLAND

    ... loan to a chemical company to "sub-standard" after the company was unable to meet environmental protection requirements, the bank's manager of financial planning, Liang Ping, ...

    http://www.scmp.com/business/money/markets-investing/article/1576298/jump-bad-loans-sparks-sell-chongqing-rural
  5. Business - Companies - EARNINGS

    Silver Base turns to its CEO for financial help

    Posted Jul 01st 2014, 04:05am by TIFFANY AP

    ... reduced its losses in the year ended March but is facing cash-flow problems and has resorted to its chief executive agreeing to personally help finance operations. Liang Guoxing, who holds shares ... to sustain the group as a going concern, [Liang] has agreed to provide continuous financial support to the group," it said. Silver Base recorded a loss of HK$787.4 million for the past financial ...

    http://www.scmp.com/business/companies/article/1543914/silver-base-turns-its-ceo-financial-help
  6. Business - Companies - BUYOUTS

    HK$2.4b feud over Peak properties centres on power of attorney

    Posted Aug 18th 2014, 04:01am by Benjamin Robertson

    ... Chin Liang-fung, wife of the Hualon founder. She died last December without a will and no application for managing the estate was made in either Taiwan or Hong Kong, said a family source. ...

    http://www.scmp.com/business/companies/article/1575702/hk24b-feud-over-peak-properties-centres-power-attorney
  7. Business - Companies - AGRICULTURE

    Bumper Chinese milk stocks hammer dairy prices

    Posted Aug 06th 2014, 05:15pm by Reuters

    ... in July, said Song Liang, a Beijing-based analyst. "It will take about three to four months to digest those stocks, after taking into consideration the supply that is being added ...

    http://www.scmp.com/business/companies/article/1567693/bumper-chinese-milk-stocks-hammer-dairy-prices
  8. Business - Money - MARKETS

    Taiwan solar stocks slump after US calls for raised duties

    Posted Jul 29th 2014, 01:26am by BLOOM

    ... industries in both countries. Jennifer Liang, a Taipei-based analyst at KGI Securities, said the duties were higher than the market expected. "The US accounted for about 30 per cent of Taiwanese ...

    http://www.scmp.com/business/money/markets-investing/article/1561395/taiwan-solar-stocks-slump-after-us-calls-raised
  9. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

    Posted Aug 11th 2014, 03:56am by Eric Ng

    ... Yong Liang expected a 15 per cent rise in per barrel total production costs to have more than wiped out benefits from higher output and firm oil and gas prices. Hubbard also expected CNOOC ...

    http://www.scmp.com/business/commodities/article/1570852/mainland-china-oil-majors-expected-unveil-mediocre-profits
  10. Business - Economy - RETAILING

    The not-so-Great Singapore Sale: Mainland shoppers say Hong Kong is better value

    Posted Aug 05th 2014, 03:25am by Bloomberg

    ... Bloomberg in Singapore Mainland Chinese shoppers discover how a strong dollar, labour costs and a sales tax in the city state mean it's cheaper to go to Hong Kong Retailers billed it as the Great Singapore Sale. Chinese tourist Zhu Liang bought into it, only to regret it afterwards. "We will never come here again to shop on purpose," said Zhu, a 35-year-old businessman ...

    http://www.scmp.com/business/economy/article/1566514/mainland-chinese-shoppers-give-singapore-sales-thumbs-down

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