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  1. Business - China Business - RETAIL

    Retailer Stelux eyes dealmakers to turn around China business

    Posted Dec 04th 2012, 12:00am by Ray Chan

    ... up by former Ping An president Louis Cheung and Ma, a former chief financial officer at Lenovo and executive at US-based Texas Pacific Group. Earlier, Boyu bought HK$371 million ... synergies to our existing business within a month," Joseph Wong said at briefing. He added that the dealmakers' experience in China should add to the company's finance and operations ...

  2. Business - China Business - TELECOMMUNICATIONS

    ZTE aims to sharpen focus on US enterprise market

    Posted Feb 12th 2013, 12:00am by BIEN PEREZ

    ... businesses. Research firm Gartner last month forecast global spending on information technology by enterprises and governments to advance 4.2 per cent this year to US$3.7 trillion, up from US ... the world's fifth-largest supplier of telecommunications equipment, expects to accomplish that expansion over the next few years after initially growing its new business segment across ...

  3. Business-jet operator spreads its wings

    Posted Feb 05th 2011, 12:00am by Charlotte So

    ... The expansion is set to tap growth in demand for business jets in the region, said Jackie Wu Wing-sze, chief operating officer of Hong Kong Jet. Hong Kong Jet plans to start charter flights ... The first of the company's four new Gulfstream 550s, priced at US$50 million each, will arrive by May, with more to be delivered by the end of the year. The jet can fly up to 12,500 kilometres ...

  4. Rackspace data centre expansion plans to heat up busy sector

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

    ... declined to provide financial details, but noted that the company has invested more than US$20 million since September 2008 in the city, where its existing data centre serves more than 350 ... amount, US firm Cloudkick, which provides technology that automates management of servers used to deliver software, storage and tools as a service over the internet to enterprise subscribers. ...

  5. Wahaha tycoon eyes retail, mining business prospects

    Posted Mar 04th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing Billionaire Zong Qinghou, whose soft-drink maker Hangzhou Wahaha Group has made him the mainland's richest man, said he planned to diversify his business ... of years. It was looking for a site for the first supermarket, which was likely to start operation this year. 'The main purpose for us to venture into retailing is to have a bigger say ...

  6. Fosun, US group link up to form US$600m fund

    Posted Jan 14th 2011, 12:00am by Celine Sun

    ... and foreign enterprises with businesses in China. The deal is a significant move for both parties. To the US group, the fund is the single largest investment fund supplied to a third-party management ... in the United States, to set up a US$600 million private equity fund. Prudential Financial, as a limited partner, is investing US$500 million, while Fosun, as a general partner, will inject US ...

  7. Strong server business bright spot for Lenovo

    Posted Jun 09th 2009, 12:00am by Staff Reporter

    ... is in the US$500,000 or more bracket. Lenovo chief executive Yang Yuanqing said: 'We have taken decisive actions in response to the economic downturn to align our overall business with the changing ... with a US$140 million profit for the same period a year earlier. Mr Yang said that Lenovo would 'accelerate the return of our worldwide commercial business to profitability'. ...

  8. Business jet manufacturers see huge growth in mainland market

    Posted Nov 19th 2010, 12:00am by Keith Wallis

    ... Keith Wallis in Zhuhai When the first Boeing Business Jet is registered in Hong Kong by the end of this month it will signal a significant milestone in the development of the executive jet ... at the Business Aviation Centre, significantly larger than the Gulfstream and Bombardier business jets. It will be capable of operating as an airborne home and office for about 18 people flying non-stop ...

  9. Ministers clocking up air miles to advance trade and business ties

    Posted May 13th 2008, 12:00am by Enoch Yiu

    ... investments in Peru. While Mr Ma will go south, Mr Chan headed north. The former university professor started his official US visit on Sunday meeting government officials, business executives, ... in Peru in November. Bilateral trade totalled US$5.3 billion last year. Peru is a leading exporter of asparagus and dry paprika, and mines copper, gold, molybdenum, silver and zinc. Jiangxi Copper ...

  10. Hutchison, CKI plan expansion of water business

    Posted May 23rd 2008, 12:00am by Peggy Sito

    ... the operations in 2003. 'Since the 3G business has no new funding needs, it is time for us to aggressively explore this sector,' Mr Li said. CKI chairman Victor Li Tzar- kuoi said there would ... Wong Ka-chun and Peggy Sito Hutchison Whampoa and Cheung Kong Infrastructure Holdings may team up to develop a global water treatment business, with Li Ka-shing predicting the business ...




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