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  • September 1, 2014
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  1. Business - China Business - INTERNET

    Alibaba takes bold steps on overhaul

    Posted Jan 17th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Latest restructuring moves by e-commerce giant are just the first steps to revamp the company as it prepares for a listing Alibaba takes bold steps on overhaul Mainland e-commerce giant Alibaba's restructuring moves in the past days are only the first steps towards an overhaul of the company in preparation for the group's listing, say analysts. ...

  2. Business - China Business - TECHNOLOGY

    Lenovo redraws business lines as its product range grows

    Posted Jan 07th 2013, 12:00am by Sophie Yu

    ... Lenovo, the world's largest supplier of personal computers, has reportedly split its main business into two to handle its growing range of products, according to the Beijing News yesterday, citing an internal e-mail from chief executive Yang Yuanqing ...

  3. Business - Companies - IPO

    Pegasus Entertainment's shares bomb in market debut

    Posted Nov 01st 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Film firm's shares drop nearly 9pc on opening day, but what does it say about IPOs? Pegasus bombs in market debut Film producer and distributor Pegasus' flop debut on the stock market yesterday came as yet more proof of the city's bleak IPO picture. Pegasus, set up by veteran director and actor Raymond Wong Pak-ming, closed 8.9 per ...

  4. Business - Companies

    Losing its shine

    Posted Aug 14th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Losing its shine Zijin Mining Group chairman Chen Jinghe addresses a briefing after China's largest gold producer reported a disappointing first-half net profit of 2.38 billion yuan (HK$2.91 billion). Photo: May Tse ...

  5. Liaoning banks on private-sector growth

    Posted Nov 21st 2003, 12:00am by Verna Yu

    ... Verna Yu The northeastern province is doing its best to draw investors, the governor says Private investment will become the main driving force of economic growth in Liaoning province as part of the national policy to revitalise the northeastern rust belt, the provincial governor said yesterday. Bo Xilai said his government was focusing on attracting more private investment, ...

  6. New rules aim to improve civil rights

    Posted Sep 01st 2003, 12:00am by Verna Yu

    ... New rules aimed at improving the civil rights of people on the mainland take effect today. They include one that strengthens homeowners' rights and another that standardises legal aid service practices nationwide. The State Council's property ma ...

  7. Think-tank warns of policy crisis

    Posted Aug 17th 2003, 12:00am by Verna Yu

    ... The State Development and Reform Commission says it is time to change the belief that economic development is the answer to solving the mainland's many social problems A government think-tank has warned the State Council that conflict between economi ...

  8. One in four Beijingers now owns a car

    Posted Aug 06th 2003, 12:00am by Verna Yu

    ... With two million vehicles, there are fears the capital's roads may soon be unable to cope The number of vehicles on Beijing's roads has reached two million, meaning there is one car-owner for every four residents in the capital. The statistic fr ...

  9. Yu puts trust in honesty as Carsac marks 30th anniversary in grand style

    Posted Jul 11th 2012, 12:00am

    ... Vivian Chen Honesty is the best policy, goes the old saying. And as Judy Yu Chu-dic celebrated the 30th anniversary of her company, Carsac, with friends and business partners, no concept has been more important and influential in her success. 'The lesson I learned was to do business with kindness and be truthful. Also never give up so easily,' said Yu, whose company ...

  10. Cheng Yu-tung makes way for son to lead company

    Posted Mar 01st 2012, 12:00am

    ... Peggy Sito and Yvonne Liu New World Development is in the midst of its biggest leadership change, with chairman Cheng Yu-tung yesterday announcing his decision to step down from his ... of the succession plan, executive director Adrian Cheng Chi-kong- Cheng Yu-tung's grandson- will take up the additional post of joint general manager. In this role, Adrian Cheng, who is the son ...




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