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  • July 11, 2014
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  1. 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 ...

  2. Business - China Business - COMPANY VISIT

    Fosun takes a leaf out of Warren Buffett’s book

    Posted Mar 28th 2014, 11:51am by Peggy Sito

    ... model of development," said Fosun chief executive Liang Xinjun. Fosun has [moved] towards … the Warren Buffett model of development LIANG XINJUN, FOSUN CHIEF EXECUTIVE Insurance companies receive a steady flow of premium income and hold the money until it is finally paid out. Meanwhile, investment returns pile up, Liang told the South China Morning Post. Fosun bought 80 per cent ...

  3. Business - China Business - PROPERTY

    China Vanke embraces the internet with Baidu partnership

    Posted Jun 06th 2014, 12:38am by Langi Chiang

    ... Vanke chief executive Yu Liang. Vanke will use location-based service technology in its projects and usher in an era where property operators will make extensive use of internet technologies ...

  4. Business - Commodities - REGULATION

    Taiwan's regulator calls for criminal investigation of Glaucus

    Posted May 15th 2014, 01:43am by BLOOM

    ... not immediately respond to an e-mail requesting comment.   FSC chief secretary Tung-liang Lin said at a press briefing the commission had submitted its case to prosecutors. Tseng Ming-chung, the FSC ...

  5. Business - Commodities

    Sinopec fires-quarter earnings drop to miss market target

    Posted Apr 29th 2014, 01:15am by Eric Ng

    ... priority. BNP Paribas head of Asia energy research Por Yong Liang said strategic investors would come from the convenience store sector since they could best help Sinopec lift its non-fuel sales ...

  6. Business - Comment - MR. SHANGKONG

    Corruption the watchword as annual national summits near

    Posted Feb 17th 2014, 04:47am by George Chen

    ... known as "Liang Hui". This year, many will wonder if it will be cleanest gathering because of President Xi Jinping's anti-corruption crackdown. It's no secret that March, ... Of course, when they visit, they can't just go empty-handed. That is why luxury stores, especially watch shops, often see strong sales in the month. I covered "Liang Hui" sessions ...

  7. Business - China Business

    China's Lentuo in talks to buy car dealers

    Posted Apr 17th 2014, 01:10am by BLOOM

    ... 22,000 of such vehicles a year, said Liang Jiangfeng, head of the company's pre-owned business. They are more lucrative too, as dealers make more than 10 per cent on a used car versus less ...

  8. Business - China Business - TAKEOVERS

    Chinese insurers circle beaten down property developers

    Posted May 08th 2014, 01:15am by Langi Chiang

    ... by [Vanke chief executive] Yu Liang, one can gain control of Vanke with 30 billion yuan," Ding Zuyu, a co-president of property services company E-House (China), said in an online column last ...

  9. Business - Commodities - ACQUISITIONS

    China oil giants change focus after spending spree

    Posted May 12th 2014, 02:58am by Eric Ng

    ... energy research Por Yong Liang said. "It is a function of two things- foreign assets, on the whole, have not produced attractive returns- and company specific reasons, such as CNOOC ...

  10. Business - Economy - MARKETS

    Citi Asia chief expects capital markets to benefit from China's urbanisation

    Posted Jan 15th 2014, 01:38am by Peggy Sito

    ... Liang Xinjun highlighted health care as he noted the rapid growth of the middle class bolstered demand for health-care services and an ageing population spurred demand for the health-care ... for only 5.1 per cent of the country's GDP, against 17.9 per cent in the US, according to Liang. He expected the percentage to jump significantly in five to 10 years. Liang said developers ...




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