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  1. Sinotrans units rise on news of state cash aid

    Posted Aug 14th 2009, 12:00am by Charlotte So

    ... with Changjiang Shipping Corp, a model for Beijing's effort to reduce the number of major state-owned firms. Shares in Sinotrans Shipping rose 7.98 per cent to HK$4.06 yesterday. Sinotrans Ltd closed ... yesterday, quoting an unnamed source. The merger of the two state-owned firms received the approval of the State-owned Assets Supervision and Administration Commission in December last year, although ...

    http://www.scmp.com/article/689734/sinotrans-units-rise-news-state-cash-aid
  2. Judge grants New World pair review of Legco powers

    Posted Jul 15th 2009, 12:00am by Staff Reporter

    ... Albert Wong and Eva Wu The Legislative Council's most potent investigative procedure faces a constitutional challenge next month, after the Court of First Instance yesterday granted ... Chin-man. Announcing his decision, Mr Justice Andrew Cheung Kui-nung said: 'In my view, this is an important and serious constitutional challenge.' At the heart of the challenge is whether ...

    http://www.scmp.com/article/686873/judge-grants-new-world-pair-review-legco-powers
  3. Lenovo unit to focus on smartphones and tablets

    Posted Jan 19th 2011, 12:00am by Staff Reporter

    ... United States campus in Raleigh, North Carolina. Since Hong Kong-listed Lenovo acquired the personal computer business of IBM in 2005, it has maintained two corporate headquarters in Beijing ... Bien Perez Mainland computer giant Lenovo Group plans to sharpen its focus on smartphones and media tablets through a new business unit that will be responsible for mobile internet ...

    http://www.scmp.com/article/736126/lenovo-unit-focus-smartphones-and-tablets
  4. US fines PPG unit for export to Pakistan

    Posted Dec 23rd 2010, 12:00am by Staff Reporter

    ... Bien Perez The United States government has imposed US$3.75 million in fines against a mainland subsidiary of PPG Industries, a global supplier of paints and coatings, for illegally ... of nuclear power plants. PPG Paints Trading was found to have falsely stated in its purchase orders for the shipments in question that its coatings were to be used at a nuclear power plant in China, ...

    http://www.scmp.com/article/734072/us-fines-ppg-unit-export-pakistan
  5. Health industry praises new state policy

    Posted Dec 20th 2010, 12:00am by Staff Reporter

    ... Zhuang Pinghui A State Council policy paper aiming at removing barriers for private investment in mainland medical services is an important stride towards a more dynamic health care ... optimistic. 'This announcement will spur us on to open more hospitals and develop rapidly,' said Roberta Lipson, chairwoman of the Board of United Family Hospitals (UFH) and president ...

    http://www.scmp.com/article/733833/health-industry-praises-new-state-policy
  6. Chinalco unit makes rare earth find in Australia

    Posted Jan 07th 2011, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Shares in Chinalco-backed copper and gold prospector China Yunnan Copper Australia roared up 73 per cent yesterday when the Sydney-listed exploration minnow announced it had discovered rare earths at a site in Queensland state. CYC Australia, a loss-making company capitalised at A$45 million (HK$349 million), said it had found an unspecified quantity of various types ...

    http://www.scmp.com/article/735028/chinalco-unit-makes-rare-earth-find-australia
  7. Unicom denies link to takeover of Nigeria's state telecoms group

    Posted Feb 23rd 2010, 12:00am by Staff Reporter

    ... involved in the proposed privatisation.' Unicom added that parent firm China United Network Communications Group has also informed the Hong Kong-listed company that 'it has ... contradicting a public announcement made by the Nigerian government. Officials from the West African state had earlier declared the winning bidder, New Generation Telecommunications, comprised Unicom, ...

    http://www.scmp.com/article/706775/unicom-denies-link-takeover-nigerias-state-telecoms-group
  8. The mainland's best little state-owned bank

    Posted Aug 11th 2003, 12:00am by Staff Reporter

    ... that constitute the second tier of China's banking system (beneath the 'big four' state-owned banks, which between them control two-thirds of deposits). CMB is state-owned but very ... US$1 billion in Hong Kong later this year. The initial public offering (IPO) will generate a lot of the usual commentary about the superiority of private companies over state-owned ones, ...

    http://www.scmp.com/article/424401/mainlands-best-little-state-owned-bank
  9. State-backed firms told to slow buying sprees

    Posted Feb 23rd 2009, 12:00am by Kandy Wong, Martin Zhou

    ... Geely Automobile Holdings and Dongfeng Motor, as well as Shenzhen-listed Chongqing Changan Automobile, had held preliminary talks with Ford Motor of the United States on the acquisition of its ... Kandy Wong and Martin Zhou in Beijing Even as the mainland's state-backed commodity companies have been on an overseas acquisition spree, manufacturing firms have been advised ...

    http://www.scmp.com/article/670895/state-backed-firms-told-slow-buying-sprees
  10. China Merchants to spin off key units

    Posted Jun 09th 2004, 12:00am by Annette Chiu

    ... operates five toll roads in south China and a Hong Kong tunnel, which Mr Fu says constitute about 20 per cent of the firm's net asset value, which stood at $12.8 billion last year. The toll ... off its logistics unit. Other China conglomerates and their Hong Kong red chips have also begun tapping the equity markets to leverage their restructuring. Beijing Enterprises Holdings earned ...

    http://www.scmp.com/article/458810/china-merchants-spin-key-units

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