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  • August 22, 2014
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  1. Transport projects to hit rough patch

    Posted Oct 28th 2011, 12:00am

    ... investment in transport infrastructure- including roads, ports, waterways and airports, but not railways- would increase 11.6 per cent to 1.48 trillion yuan (HK$1.8 trillion). The increase ... Toh Han Shih hanshih.toh@scmp.com In a sign that the country's stimulus programme may have been too aggressive, the Ministry of Transport admitted the transport infrastructure ...

  2. Drop in transport funding may signal hard landing

    Posted Apr 24th 2012, 12:00am

    ... faces difficulties this year, after investment in roads, railways and other transport infrastructure all fell in the first quarter. 'This year, the demand for funds for transport ... of local governments to contribute their share of funds,' said the Transport Ministry. 'After reforming the pricing and taxation of refined oil, many financing platforms for road ...

  3. Luxury car sales a sign economy is revving up

    Posted Jun 19th 2004, 12:00am by Staff Reporter

    ... Zhuang Pinghui Luxury car dealers expect sales to increase sharply as crowds flock to road shows, in another sign that consumer confidence in Hong Kong is bouncing back. Zung Fu, which is the sole agent for Mercedes-Benz cars in Hong Kong, sold 10 cars within three hours of an exhibition that opened yesterday, with prices averaging $500,000. Sales were 'pretty good' ...

  4. GZI Transport to invest in Wuzhou Port deal

    Posted Feb 17th 2011, 12:00am by Toh Han Shih

    ... Port amounts to 513 million yuan but details of the investment have not been finalised. GZI will be renamed Yuexiu Transport Infrastructure to reflect its diversification from toll roads ... Toh Han Shih GZI Transport has entered into an agreement on a joint venture with Xin Yue (Guangzhou) Investment and Wuzhou City Transport Investment Development, through which GZI will own ...

  5. Expressway stocks rally on toll-profit tax cut

    Posted May 25th 2005, 12:00am by Denise Tsang

    ... with transport tax.' Zhejiang Expressway, one of the country's most profitable toll-road companies, expected the new policy would bring about annual tax savings of more than 60 million yuan, ... after China surprisingly decided to cut the tax on toll-road revenue. The Ministry of Finance and the State Tax Bureau will implement a national policy of reducing the business tax on toll ...

  6. Transport forum opens the way for electric cars

    Posted May 05th 2011, 12:00am

    ... of a proposed new standard. The Transport Advisory Committee recommended yesterday that electric cars with an output of at least seven kilowatts be allowed on expressways, including Tolo Highway, Island East Corridor and North Lantau Road, people close to the discussion said. The committee also recommends clearance for electric motorcycles of at least three kilowatts. Most of the electric ...

  7. Shares in GZI Transport slide on news of rights offer

    Posted Jun 30th 2007, 12:00am by Carol Chan, Denise Tsang

    ... Carol Chan and Denise Tsang Proceeds to fund acquisition of expressway, bridge projects Shares of toll-road operator GZI Transport slumped as much as 7.7 per cent yesterday after it said ... projects, the company said, citing a five-year government plan announced in February. GZI Transport is conducting feasibility studies for a number of toll road projects but has not signed any ...

  8. Toll-road firm confident of growth

    Posted Apr 15th 2004, 12:00am by Denise Tsang

    ... Denise Tsang GZI Transport chairman says it will be spared impact of curbs on car financing Guangzhou toll-road operator GZI Transport is optimistic about its traffic growth this year ... manufacturers and lenders rather than toll-road operators. 'Car ownership is still growing in Guangzhou and Shenzhen,' Mr Ou said yesterday. 'The demand is so strong that there are more ...

  9. SAIC and Nanjing Auto forge landmark tie-up

    Posted Dec 27th 2007, 12:00am by Staff Reporter

    ... Al Guo in Beijing Beijing-brokered 2.1b yuan deal boosts competitive ability Shanghai Automotive Industry Corp (Group), the country's biggest car firm, will buy the vehicle production business of Nanjing Automobile (Group) Corp, the first big tie-up ...

  10. SAIC's Roewe 750 goes on sale

    Posted Feb 01st 2007, 12:00am by Kandy Wong

    ... Kandy Wong The Roewe 750, the first own-brand car built by SAIC Motor Corp, the A-share listing vehicle of Shanghai Automotive Industry Corp, went on sale yesterday. Priced at 231,800 to 276,800 yuan, the three models are targeted at the middle of the dom ...




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