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  • September 21, 2014
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  1. Great Wall Motor to boost capacity

    Posted Mar 17th 2011, 12:00am by Staff Reporter

    ... The Hebei-based carmaker will boost annual production capacity by 38 per cent to 550,000 units when its 4.5 billion yuan (HK$5.33 billion) Tianjin plant comes online, expected to be before July, chairman Wei Jianjun said yesterday. Great Wall aims to sell around 500,000 SUVs, pickup trucks and sedans this year, an increase of 38 per cent from last year's record sales of 363,400 units ...

  2. Carmakers surge on talk of extension to state support

    Posted Dec 01st 2009, 12:00am by Kandy Wong

    ... from 9.38 million units last year. The mainland market was the only one to grow this year and has surpassed the United States' to become the world's biggest. Market watchers expect the US to reach sales of about 11.5 million units this year and do not expect a strong pick-up there until after next year. Analysts expect the growth rate on the mainland to decelerate next year ...

  3. 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 ...

  4. Hong Kong's export growth revised to 12pc

    Posted Jun 18th 2010, 12:00am by Denise Tsang

    ... chief economist Edward Leung Hoi-kwok said yesterday. The economic outlook in the United States and the European Union, Hong Kong's top two export markets, remained uncertain on the back ...

  5. State infusion draws questions over the nature of bank rescue

    Posted Jan 12th 2004, 12:00am by Staff Reporter

    ... Andrew K. Collier in Beijing Is China's US$45 billion capital injection into two state banks a loan or a bailout? The infusion to the Bank of China (BOC) and China Construction Bank ... balance sheets. The evidence points to an equity injection. Under Basle capital adequacy rules, loans do not constitute core capital, meaning the transfer would do little to help the two ...

  6. HP, Oracle set pace with data unit

    Posted Sep 30th 2008, 12:00am by Staff Reporter

    ... to HP chief executive Mark Hurd, who joined Mr Ellison through video-conference for the launch at Oracle's annual OpenWorld event last week in the United States. However, Hong Kong-based ...

  7. Transmile to list forwarding unit

    Posted Jun 28th 2004, 12:00am by Russell Barling

    ... was the surprise beneficiary of an air services agreement negotiated between Hong Kong and Malaysia in March, when it received fifth-freedom rights to fly beyond Hong Kong to destinations in the United States. The company has applied to the US Department of Transport to launch services to Los Angeles and is lobbying for fifth-freedom rights through Shanghai, highlighting the previously ...

  8. Lai See

    Posted Jul 08th 2009, 12:00am by Ben Kwok

    ... Ben Kwok A personal fung shui master in your pocket or purse This weekend marks a year since the launch of the iPhone in Hong Kong. And what a year it has been. We gather that more than 150,000 have been sold, making it the city's best-selling mobile ...

  9. Home prices seen as peaking out

    Posted Apr 07th 2010, 12:00am by Yvonne Liu

    ... of 1997. The difference between the demand for primary and secondary units could suggest a growing resistance to the escalating prices of new apartments, Hui said. But while it signalled ... 7.46 per cent to 78.69 points in the first quarter, the highest level in 12 years. A 1,105 square foot unit on an upper floor at South Horizons in Ap Lei Chau sold on the weekend for HK$10 ...

  10. Flyke and Zhongsheng eye HK$4b in share offerings

    Posted Mar 16th 2010, 12:00am by Amanda Lee

    ... customers prefer to buy from 4S dealerships because of their better after-sales service. Huang also said Toyota's recalls were aimed at its cars in the United States and had had little impact ... by the company since the Japanese carmaker announced in September a recall in the United States. Zhongsheng's offering has been priced at an indicative range of HK$9.54 to HK$12.83 per share. ...




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