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

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

    ... profile As a general partner in the US$600 million private equity fund, Fosun will invest this much, in US dollars: $100m ... 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 ...

  2. Hong Kong's electric car to hit the road in US

    Posted May 18th 2010, 12:00am by Amy Nip

    ... Amy Nip Hong Kong's first home-grown electric car is expected to enter the US market next year after its co-developer was acquired by an American carmaker in a HK$100 million deal ... later made 150,000 electric and hybrid cars last year. Green Tech chairman Terence McAuliffe said that if MyCar was approved by the American transport department, it would be on sale in the US ...

  3. HK firms offer yuan-based insurance policies

    Posted Sep 27th 2010, 12:00am by Enoch Yiu

    ... and Hong Kong dollar-denominated policies, said David Fried, the global insurance head of HSBC Holdings. Most of the 8.7 million life insurance policies in Hong Kong are denominated in either US ... earlier this year. These policies are in demand with policyholders who are betting on the yuan to continue to appreciate. It has gained 20 per cent against the US dollar since 2004, and many ...

  4. US funds giant sells the recovery in HK

    Posted Mar 14th 2004, 12:00am by David Evans

    ... positive signals,' he says. 'We are definitely optimistic on the US economy.' Growth in the US economy is expected to remain strong in the second quarter of this year, supported by low interest rates, the weaker dollar and higher personal income-tax refunds. Good inflation and productivity numbers, coupled with the disappointing job performance, provides the Federal ...

  5. 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 ... Technologies, the world's No 2 telecommunications equipment supplier, also started to sell into the enterprise market last year. Unlike ZTE, Huawei has actively marketed to US companies. ZTE's ...

  6. Fewer one-off gains drag down China Foods net

    Posted Apr 10th 2009, 12:00am by Staff Reporter

    ... to external factors beyond our control, but we believe the worst is now behind us,' China Foods said. The company expects sales growth this year as it has deployed a new management team ...

  7. Russian oligarch sets stage for IPO No 2

    Posted Jan 22nd 2011, 12:00am by Amanda Lee

    ... oligarch Oleg Deripaska come with debt EuroSibEnergo plans to raise up to US$1.5 billion, proceeds that will be used to pay back debt, in US dollars, of: $1.4b When sister firm Rusal listed in Hong Kong, it came with newly restructured debt, in US dollars, of about: $15b ...

  8. Business - China Business - PROPERTY

    China Vanke follows rich Chinese to grow abroad

    Posted Apr 18th 2013, 12:00am by Peggy Sito

    ... The first joint-venture project will be a condominium development in Singapore's Tanah Merah area. Keppel, through Sherwood Development, was awarded the prime residential site for US ... at the end of the day, China Vanke will settle down in two large markets- the US and Canada," said Lee, adding that markets such as Hong Kong are too small for the property giant. Analysts, ...

  9. Asia provides sanctuary from the storm

    Posted Oct 03rd 2010, 12:00am by Alex Frew Mcmillan

    ... for years to come,' House added. For bond investors, yields are considerably better in Asia. Any returns in local currencies will also be boosted if they're translated into US dollar ... government bonds. The US dollar and Japanese yen remain unexpectedly high in value two years after the height of the financial crisis. But the long-term direction of those currencies is likely to see ...

  10. Business - China Business - LISTINGS

    Fujian broker mulls Hong Kong float in expansion

    Posted Apr 12th 2013, 12:00am by REN WEI

    ... said the unit would be used as a platform for overseas expansion. "We will be looking for proper acquisition targets that can help us better serve institutional clients," he said. ...




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