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  1. Crackdown nets 146 officials in Shenzhen

    Posted Jun 28th 2012, 12:00am

    ... He Huifeng huifeng.he@scmp.com Shenzhen has released preliminary details on the local impact of a province-wide crackdown on corruption, claiming 146 government officials have been ... on the Shenzhen government's official website. The crackdown in Guangdong, launched in February, will help provincial Communist Party secretary Wang Yang build up political credit ahead ...

  2. Lawmakers seek details of lavish games spending

    Posted Jan 09th 2012, 12:00am

    ... details from the costly World University Games in August. Several officials attending the Shenzhen Municipal People's Congress yesterday and Municipal Chinese People's Political ... alleging that Shenzhen spent more than 300 billion yuan (HK$367 billion) on the games and related infrastructure upgrades, leaving it with a huge deficit, its first in two decades. 'I will put ...

  3. Property chain shuts amid theft rumours

    Posted Nov 16th 2007, 12:00am by Staff Reporter

    ... Choi Chi-yuk A Shenzhen-based property agency with more than 100 branches throughout the mainland has suddenly closed amid rumours that the boss fled with more than 40 million yuan in homebuyers' funds. Jiang Fei, 33, president of the Zhongtian Real Estate Company, is believed to have run off with the cash on Tuesday, at the latest, following a recent dramatic slump in Shenzhen ...

  4. Business - Economy - ECONOMY

    Qianhai- a small zone with a big role

    Posted Jan 29th 2013, 12:00am by Anita Lam

    ... zone with a big role Qianhai, in Shenzhen, may be the smallest of the dozen experimental zones on the mainland- which include Nansha in Guangzhou and Hengqin in Zhuhai- but its role is arguably the most significant. Being chosen as the testing ground for freer yuan usage and capital account convertibility, the former backwater is now set to become the "Central of Shenzhen ...

  5. Homebuyers protest in Shenzhen against shabby public flats

    Posted Aug 14th 2009, 12:00am by Fiona Tam

    ... Fiona Tam More than 300 homeowners from a government-funded housing project demonstrated outside the Shenzhen government headquarters yesterday, demanding the mayor answer ... of disgraced former Shenzhen mayor Xu Zongheng, who was formally placed under investigation for corruption in June. But Shenzhen officials refused to confirm whether the project was linked to him. ...

  6. Medicine firm hopes to raise $113m on GEM

    Posted Aug 30th 2005, 12:00am by Staff Reporter

    ... Fiona Lau Shenzhen Neptunus Interlong Bio-technique, a subsidiary of A-share company Shenzhen Neptunus Bioengineering, hopes to raise up to $113 million by placing shares on the Growth ... a factory in the Baoan district of Shenzhen as a production base for subunit vaccine of the influenza virus, rabies vaccine in vero cells and other new products,' Neptunus Interlong chairman ...

  7. Mainland firms line up share offers

    Posted Aug 22nd 2005, 12:00am by Staff Reporter

    ... said. Xin Yu Hengdeli has shops throughout the mainland, including Beijing, Shanghai, Shenzhen and Nanjing. It sells brands such as Jaeger-Le Coultre, Bulgari and Tissot. Guotai Junan Hong Kong ... Ni Zheng, executive director of Huali, in an interview with the South China Morning Post, said that the company would spend 45 million yuan building a factory in Shenzhen to expand production ...

  8. Shenzhen sites for auction

    Posted May 20th 2009, 12:00am by Peggy Sito

    ... Peggy Sito In a major test of developers' confidence in the Shenzhen property market, the municipal government will offer for public sale next month three adjacent lots ... a Shenzhen-based developer, predicting keen competition among builders amid the growing belief that the market was on the way to recovery. Last month, the city reported a record 21,000 transactions, ...

  9. Huayi plans IPO in Shenzhen to fund expansion

    Posted Mar 31st 2008, 12:00am by Staff Reporter

    ... an initial public offering in Shenzhen this year to fund expansion. The company, founded by cartoonist and photographer Wang Zhongjun in 1994, would offer 25 per cent of its enlarged capital, or less ... prospectus.' Huayi's sales have grown more than 50 per cent annually for the past three years, according to Mr Wang. The company secured a 50 million yuan (HK$55.57 million) loan from Shenzhen ...

  10. Shenzhen Investment acquires Maanshan project for 1.2b yuan

    Posted Nov 01st 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Shenzhen Investment, the property arm of the municipal government, yesterday acquired a mixed development project in Maanshan, Anhui province, for 1.2 billion yuan. The deal ... square metres. The developer expects to take four years to develop the site, which could have a plot ratio of 2.3. Shenzhen Investment said the residential units could fetch up to 4,500 yuan per ...




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