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  1. Partners in talks to split China United assets

    Posted Jul 30th 2008, 12:00am by Eric Ng

    ... Eric Ng China National Coal Group, parent of listed China Coal Energy, is in talks with PetroChina on splitting the assets of their joint venture, China United Coalbed Methane, due ... United's exploration assets should be commercialised in the quickest way possible,' Mr Jing said. 'PetroChina and China National Coal are negotiating in coordination with the National ...

  2. United Coalbed, allies eye 2b yuan spending

    Posted Feb 16th 2009, 12:00am by Eric Ng

    ... Eric Ng China United Coalbed Methane, a 50-50 natural gas joint venture between PetroChina and China National Coal Group, plans to invest 2 billion yuan (HK$2.27 billion) with its foreign ... with Australia's Arrow Energy on a project in Xinjiang autonomous region. United Coalbed shareholders PetroChina and China National Coal - the parent of listed China Coal Energy - disagreed on their joint ...

  3. ICBC in the race to buy stake in AXA insurance unit

    Posted Jul 15th 2010, 12:00am by Staff Reporter

    ... unit, the official Shanghai Securities News reported yesterday. ICBC aims to acquire a controlling stake in the Shanghai-based AXA-Minmetals Assurance as part of its plan to tap ... of the nation's total. The market share was 3.99 per cent in 2008 and 6.23 per cent in 2007, according to the China Insurance Regulatory Commission. Many of the foreign insurers entered the mainland ...

  4. Container rail network to provide fast national freight link to Europe

    Posted Nov 30th 2009, 12:00am by Toh Han Shih

    ... an executive director of NWS Holdings, the listed infrastructure arm of New World Development. NWS owns 22 per cent of a joint venture, China United International Rail Containers (CUIRC), which ... and Beijing, tripling the volume of containers transported on rail in the country to 10 million twenty foot equivalent units (teu) per year from current levels. Only 3 per cent of rail freight ...

  5. News Corp unit plans first joint production venture with CCTV

    Posted Feb 16th 2005, 12:00am by Staff Reporter

    ... Sidney Luk National Geographic Channel takes advantage of relaxation in mainland rules to make pay-TV programmes China Central Television (CCTV) and News Corp's partly owned National ... Administration of Radio, Film and Television. 'The planned venture is only the beginning,' a source familiar with the talks said. 'National Geographic is also exploring other opportunities ...

  6. Top national legislator pushes cross-border education links

    Posted May 29th 2009, 12:00am by Elaine Yau, Liz Heron

    ... Liz Heron and Elaine Yau Universities in Hong Kong should build more links with their mainland counterparts as a prelude to merging the two education systems, a leading national legislator has said. Xu Jialu, a member of the standing committee of the National People's Congress, said co-operation with Hong Kong tertiary institutions would provide mainland universities ...

  7. Citic unit pins hopes on oilfield

    Posted Sep 08th 2009, 12:00am by Eric Ng

    ... construction. The project is a joint venture with China National Petroleum Corp, the parent of listed PetroChina. The block had estimated geological oil reserves of 65 million to 75 million tonnes, ... to the black, but the end result will largely depend on oil price movements,' he said. Eliminating the HK$66.3 million loss at its Australian aluminium smelting unit would be more difficult ...

  8. CVC unit aims to seal three mainland acquisitions this year

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster CVC Asia Pacific, the regional unit of United States buyout company CVC Capital Partners which opened a Beijing office last week, hopes to have three more mainland deals ... high profile individuals, such as Fang Fenglei, who helped Goldman Sachs set up its mainland securities unit, and former Merrill Lynch head of China Wilson Feng, are organising yuan-denominated ...

  9. National pride drives plan for indigenous car

    Posted Apr 25th 2005, 12:00am by Mark O'Neill

    ... to join the league of industrial powers, which includes its rival Japan. Given the intense displays of anti-Japanese nationalism on the mainland recently, the aspiration to have a car ... to make your own. But if you ask Yin Jiaxu, chairman of Changan Auto, one of the mainland's biggest producers with output last year of 582,000 units and 12 per cent of the market, he ...

  10. Kerry unit targets HK$10b in sales after hefty profits

    Posted Mar 18th 2011, 12:00am by Sandy Li

    ... Sandy Li Kerry Properties aims to sell HK$10 billion worth of properties in Hong Kong and in the mainland after it reported a 59 per cent increase in underlying full-year profit. For the year to December, it said core earnings were HK$3.4 billion, driven ...




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