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  1. Shanghai scandal investigation scaled down

    Posted Jul 03rd 2003, 12:00am by Wang Xiangwei

    ... Changxing case as some people have suggested,' one source said. Shanghai government spokeswoman Jiao Yang said yesterday that the city was co-operating in the investigation into Mr Chau. ... frenzy. Meanwhile, Shanghai government spokeswoman Jiao Yang yesterday denied a report in Singapore's The Straits Times which said former city vice-mayor Sha Lin was under house arrest ...

  2. Content production provides ideal boost

    Posted Apr 12th 2010, 12:00am by Ana Wang

    ... in the media industry. 'With IDG becoming our strategic shareholder, the group's shareholding structure and capital base has further strengthened,' says Wang Hong, the group's chief ... million, while revenue from content production increased from HK$1.61 million to HK$2.04 million. 'The media industry on the mainland is beginning to transform,' Wang says. 'With ...

  3. Bank to give HK a miss for IPO

    Posted Sep 28th 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei in Beijing Agricultural Bank of China (ABC), the only unlisted bank among the mainland's top four lenders, intends to launch its long-awaited initial public offering in Shanghai only, according to mainland banking sources briefed on the matter. The move will probably be perceived as a snub to Hong Kong and dash the hopes of international investment banks eyeing ...

  4. Beijing needs to be sober-minded over oil quest

    Posted Jul 06th 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei The mainland's oil ambitions know no bounds, judging from the flurry of mega deals in the past few months. The latest attempt by China National Petroleum Corp (CNPC), the mainland's biggest oil company, to purchase the majority interest in the Argentinian unit of Spanish energy giant Repsol-YPF for US$17 billion has raised more than a few eyebrows at home and abroad, ...

  5. Taiwanese tycoon to take stake in ATV

    Posted Jan 29th 2009, 12:00am by Wang Xiangwei, Staff Reporter

    ... Wang Xiangwei and Staff Reporters 'Rice cracker king' offers lifeline Taiwanese billionaire Tsai Eng-meng has agreed to inject funds to shore up the finances of loss-making Asia Television, triggering changes in the broadcaster's shareholding structure, according to informed sources. Mr Tsai, whose net worth is estimated by Forbes at US$2.6 billion, signed a preliminary ...

  6. Yang's grand plan is to make a car called 'HK'

    Posted May 31st 2010, 12:00am by Kandy Wong

    ... Kandy Wong Yang Rong is a strange sort of fugitive from mainland justice. Instead of going into hiding in disgrace, the former high-flying car manufacturer has embarked on a dream to build ... Yang's Hong Kong-listed company Hybrid Kinetic Group said in September last year that it plans to raise US$7.86 billion from a private placement to make and sell hybrid cars in the US and China ...

  7. Fugitive Yang Rong seeks US$7.9b for car venture

    Posted Sep 30th 2009, 12:00am by Kandy Wong

    ... Kandy Wong A Hong Kong-listed company run by mainland fugitive Yang Rong wants to raise US$7.86 billion from a private placement to make hybrid cars in the United States. Far East Golden Resources Group is 43 per cent owned by Yang, who fled to the US seven years ago following accusations by the Liaoning provincial government that he had committed economic crimes. The company has ...

  8. Green revolution apparent on rural rooftops

    Posted Jun 09th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Riding a bus on the highway from Shanghai to Jiangsu province, a traveller can easily spot solar water heaters mounted on the roofs of many of the two-storey buildings ... or electric-powered water heaters. 'Solar water heaters are cheap and can be used most of the time except for winter [when the solar collector tubes can freeze],' said Wang Zhenyin, a high school ...

  9. Insurer aims for control of lender

    Posted Mar 06th 2010, 12:00am by Staff Reporter

    ... the top full-service financial conglomerate. Chairman Yang Chao said on the sidelines of the National People's Congress yesterday that China Life, the world's largest life insurer ... that the policy permits us to do so, we aim to gain a majority stake in a bank.' China Life now owns 20 per cent of Guangdong Development Bank. Yang's remarks came as its rival, Ping ...

  10. Tony Chan rounds on Nina Wang's siblings

    Posted Feb 21st 2009, 12:00am by Nick Gentle

    ... Yvonne Tsui and Nick Gentle Fung shui master Tony Chan Chun-chuen, who claims to be the former lover of the late Nina Wang Kung Yu-sum, has accused her siblings of falsely claiming ... to mention that I keep hearing... that Mrs Wang's siblings are only interested in the welfare of the charity, and have no interest in personally benefiting from Mrs Wang's estate. ...




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