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  • September 23, 2014
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  1. Business - China Business - ACQUISITION

    Huiyuan Juice buys founder's assets

    Posted May 24th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Chief's stake rises to 68.3pc with HK$4.9b deal aimed at boosting investor confidence Huiyuan Juice buys founder's assets China Huiyuan Juice Group plans to acquire fruit planting and juice-concentrate-making businesses from its founder and chairman, Zhu Xinli, as it seeks to bolster investor confidence. The company said after ...

  2. Differences complicate Bosch fuel system joint venture

    Posted Sep 27th 2003, 12:00am by Mark O'Neill

    ... systems for the country's booming car sector. In May, Bosch and Wei Fu, China's biggest manufacturer of fuel injection systems, signed an agreement in principle to set up the venture, ... company's only manufacturing site in China of electronically controlled fuel systems. Sources said the two sides had not reached agreement on the allocation of shares in the venture, with Wei Fu ...

  3. Cosco Pacific in talks with Ningbo on new terminal

    Posted Dec 12th 2004, 12:00am by Annette Chiu

    ... of its parent company. Wei Jiafu, also the president of state-owned China Ocean Shipping Group (Cosco), said the company was interested in developing Ningbo port- a facility neighbouring Shanghai's US$18-billion Yangshan port project. 'We are interested in all important ports in China,' Mr Wei told reporters on the sidelines of the Boao Forum for Asia World Logistics ...

  4. Business - Banking & Finance - TAKEOVERS

    Fubon Financial to buy majority control of First Sino Bank

    Posted Dec 28th 2012, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Deal valued at over US$1b largest acquisition of a mainland business by a Taiwanese investor Fubon Financial takes First Sino stake Fubon Financial Holding, the second-largest publicly traded financial group in Taiwan, will buy majority control of First Sino Bank, in what is the largest acquisition of a mainland business by a Taiwanese ...

  5. Hanny eyes commercial property

    Posted Mar 22nd 2011, 12:00am by Yvonne Liu

    ... centre, which targets the wealthy young, has already begun. The project is scheduled to be completed by the end of next year. Sales director Paul Wei said the prices of new flats in the area ... properties after the local governments imposed restrictions on buying second homes in February,' Wei said. Hanny shares rose 8 per cent to close at 10.8 HK cents yesterday. ...

  6. Alibaba.com opens import service as exports sag

    Posted Aug 05th 2008, 12:00am by Sherman So

    ... to Alibaba.com chief executive David Wei Zhe. The appreciation of the yuan, rising raw material and energy costs, the slowing global economy and tighter labour protection measures have hit the bottom ... around Chinese exporters. Some Alibaba customers, especially those heavily reliant on exports, were slowing subscriptions to the e-commerce site, said Mr Wei. Makers of low-value-added products ...

  7. Thriving Alibaba.com will pursue acquisitions

    Posted Aug 11th 2010, 12:00am by Staff Reporter

    ... of paying members as of June grew 34 per cent to 712,867 from 531,471 in June of last year. Chief executive David Wei Zhe said the adoption of value-added services was 'faster than ... and offering relevant value-added services that address their needs has once again resulted in a solid financial performance,' Wei said. Alibaba.com, which operates in more than 240 markets, ...

  8. Apac Resources to buy 49pc of Hebei ore miner

    Posted Jul 18th 2008, 12:00am by Carol Chan

    ... with an 11.26 per cent stake. Shougang's stake will be diluted to 13.14 per cent from 14.8 per cent but will remain the largest shareholder. The iron ore miner, Lan Ping Xian Wei Yuan Mining, based ... Shougang also owned a substantial stake in Wei Yuan Mining through another subsidiary, the statement said, without giving details. Wei Yuan Mining recorded an almost threefold increase in after-tax ...

  9. Beijing moves to ban Taiwan hit

    Posted Dec 03rd 2008, 12:00am by Lawrence Chung

    ... only widen the gap with the mainland. The film's director, Wei Te-sheng, said the production company had sold distribution rights to the state-run China Film Group. 'They had told us the movie would be shown [this month],' Wei said. He said there was no intention of highlighting Japanese rule in Taiwan or adding any political touches to the film. ...

  10. Alibaba net falls as spending rises

    Posted Nov 11th 2009, 12:00am by Staff Reporter

    ... a restated 781.5 million yuan the previous year. 'We remain cautiously optimistic for next year,' said chief executive David Wei Zhe, who forecast 'limited quarter-on-quarter growth' from the last quarter of this year to the first quarter of the new year. Wei added, however, that Alibaba.com was looking 'to global signs of gathering momentum in the export sector ...




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