Mainland carmakers Guangzhou Auto and Chery in bid to beat slow market

Chery's QQme at a car show. The firm will take advantage of its new partner's production and management experience to move to the higher end of the market. Photo: AFP

Guangzhou Automobile Group, the Chinese partner of Japan's Toyota Motor and Honda Motor, formed an alliance with fellow mainland firm Chery Automobile yesterday to share core technology and management experience in an attempt to boost competitiveness in a slowing market.

Wednesday, 7 November, 2012, 3:36am

Mental centres a political hot potato

Almost 90 per cent of candidates for the district council elections have shied away from stating their views about having a mental health centre in their district.

5 Nov 2011 - 12:00am

People Power rejects election strategy criticism

The radical group People Power has rejected criticism that its election strategy will allow a record number of pro-government candidates to win seats without a fight in the upcoming district council elections.

4 Oct 2011 - 12:00am

Nissan in limbo waiting for Japan-made parts

Nissan Motor is scaling back production at all of its Chinese car factories due to supply-chain disruptions caused by the March 11 earthquake and tsunami in Japan.

30 Mar 2011 - 12:00am

Gome plans for growth as infighting subsides

The new chairman of mainland electronics retailer Gome Electrical Appliances Holdings has pledged to speed up growth over the next five years to narrow Gome's gap with its rivals now that the company's bitter infighting has come to an end.

29 Mar 2011 - 12:00am

Brilliance aims to drive BMW sales

Brilliance China Automotive Holdings is targeting 40 per cent sales growth for its Shenyang-made BMW sedans this year after last year's blockbuster growth led to record turnover and profits.

29 Mar 2011 - 12:00am

Offshore rig service provider TSC seeks acquisitions, tie-ups

TSC Offshore Group, a provider of control systems and parts and engineering services, mostly for offshore drilling rigs, is seeking to acquire or co-operate with firms with product technology, market channels and engineering expertise to expand sales.

28 Mar 2011 - 12:00am

Swire sees 90pc rise in core profits

Swire Pacific posted a 90.5 per cent increase in underlying profit to HK$16.14 billion last year, driven by record earnings at Cathay Pacific Airways and gains from asset sales.

11 Mar 2011 - 12:00am

Expansion gives operator access to key markets

Fuelled by strong indications that the Asian private aviation market will develop rapidly in the coming years, Hong Kong-based Asia Jet is expanding its fleet to meet expected demand.

8 Mar 2011 - 12:00am



International Taifeng Holdings, Kingboard Chemical Holdings, Kingboard Laminates Holdings, SPG Land (Holdings), Winsway Coking Coal Holdings


7 Mar 2011 - 12:00am

Resourcehouse revives plan for US$3b offering

Australian billionaire Clive Palmer's mining company Resourcehouse has revived its US$3 billion Hong Kong listing plan despite recent market jitters from the political tensions in the Middle East and North Africa.

2 Mar 2011 - 12:00am

Temasek, Paulson backing Hutchison's port assets spin-off

Singapore sovereign wealth fund Temasek Holdings and US hedge fund manager Paulson & Co are cornerstone investors in Hutchison Whampoa's port spin-off in Singapore, the largest listing in Southeast Asia.

1 Mar 2011 - 12:00am

Groupon bargain site launched on mainland

Online daily deals provider Groupon, backed by funding from local industry leaders, went live on the mainland yesterday offering discounts to consumers through its newly launched group-buying portal,

1 Mar 2011 - 12:00am

Vallon's flight now a distant memory

Like many other industries on the mainland, the aviation sector has come a long way since French aviator Rene Vallon took off from a Shanghai racecourse on February 21, 1911 in a Sommer biplane and buzzed around the skies for about 10 minutes, marking the first powered flight in China.

1 Mar 2011 - 12:00am

S Korean joint venture to produce advanced chips on mainland

A mainland affiliate of SK Telecom, the largest wireless network operator in South Korea, is entering the mainland Chinese semiconductor market through a new joint venture that will produce advanced chips for smartphones, media tablets and personal computers.

26 Feb 2011 - 12:00am