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  • August 24, 2014
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  1. Business - China Business - MANUFACTURING

    Sunglass maker to sell Shenzhen factory site for 1.8b yuan

    Posted Aug 19th 2014, 10:48am by Enoch Yiu

    ... OPTICAL STATEMENT The company's factories are now located in an area that is part of the Shenzhen government's urban renewal project. It said the relocation of the outdated factories ... Argent had agreed on August 15 to sell the Argent Urban Renewal Project, a total area of 59,701 square metres, including related land use and redevelopment rights, to Kaisa Property. The deal ...

  2. Business - Money - LISTINGS

    Lukewarm retail response sees China Vast add to international IPO offering

    Posted Aug 22nd 2014, 10:36am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast IPO sees tepid retail response China Vast Industrial Urban Development saw the retail tranche of its initial public offering only 97 per cent subscribed. The mainland developer announced yesterday it would reallocate the unsubscribed shares to the international offering, which was slightly oversubscribed. After the relocation, ...

  3. Business - Comment - LAI SEE

    It's Christmas again with David Webb's Arts Optical tip

    Posted Aug 21st 2014, 01:26am by Howard Winn

    ... on the news that it had sold its Shenzhen factories that are on a site earmarked for urban renewal for the equivalent of HK$2.27 billion, adding about HK$2.60 to HK$3.00 per share. Curtis recalled ... per person, according to People's Bank of China statistics. The survey of mainstream urban consumers also revealed that nearly half the respondents (47 per cent) do not have a credit card ...

  4. Comment - Insight & Opinion - THE VIEW

    China’s strategy: keep tilting the playing field until someone notices

    Posted Aug 21st 2014, 10:38am by RICHARD HARRIS

    ... line For millions of Chinese, a summer trip to the seaside involves playing in sand, a dip in the sea and bad food. Last week a group of elite leaders went to the coastal resort of Beidaihe ... in the emerging world. It is safe to say that China now has ample access to commodities and, in five years, expect to see oil drilling and production in the East and South China seas. The yuan will grow ...

  5. Business - Commodities

    Mainland coal port to see surging imports as urbanisation accelerates

    Posted Aug 21st 2014, 01:28am by BLOOM

    ... appliances and as urban residents buy more electric cars, according to Xing. The country depends on coal for 66 per cent of its energy, data from the National Energy Administration show. “Qinhuangdao ...

  6. Business - Companies

    Businesses in city 'must plan ahead' to limit damage from rising sea levels, experts say

    Posted Jul 07th 2014, 05:26am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com HK firms 'must plan ahead' to limit damage from rising sea levels How badly affected would Hong Kong be if sea levels rise as predicted? The city's rugged coastline and high sea walls offer some protection but government and businesses cannot be complacent from the threat of stronger typhoons and accompanying storm ...

  7. Business - China Business

    Global cruise liners target China market

    Posted Aug 21st 2014, 01:28am by AP

    ... of a German shipyard last week, the US$935 million Quantum of the Seas will spend the winter running between New York and the Caribbean before moving to its new base next summer in mainland China’s ...

  8. Business - Companies

    HTC dials into China market, but who will answer the call?

    Posted Aug 18th 2014, 04:01am by Ralph Jennings

    ... per cent of the world market share at its peak in 2011. It expects urban mainland consumers to buy its Desire, Butterfly and One E8 series phones because of their mid-range prices and features ... of the specifications of the high-end One M8. The mainland's mid-tier made up 20 to 25 per cent of the 3G smartphone market, Natkin said. They are mostly urban and suburban consumers in the low ...

  9. Business - Companies - LISTINGS

    China Vast seeks up to HK$1.2b in IPO

    Posted Aug 13th 2014, 11:32am by Jasper Moiseiwitsch

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com China Vast Industrial Urban Development filed a prospectus for an initial public offering with the Hong Kong exchange on Wednesday, seeking to raise gross proceeds of up to HK$1.23 billion. The firm – one of the first developers of large industrial towns, or cities built around industrial parks, on the mainland – has indicated pricing ...

  10. Business - Economy

    Confidence builds for strong recovery in global trade

    Posted Aug 19th 2014, 01:27am by JING YANG

    ... is stronger than the previous one," said Igal Dani, partner at ILP Freight, a Hong Kong-based freight forwarding company that brokers sea, air and road freight cargoes. The current peak season ...




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