• Tue
  • Dec 30, 2014
  • Updated: 11:20pm

Anshan City

Paradise with prices from hell

A tourist from Liaoning received a shock when he was handed a receipt for his breakfast in Hainan over the Lunar New Year holiday. It wasn't a typo - the ordinary glass of milk he'd ordered cost 110 yuan (HK$135).

Wednesday, 8 February, 2012, 12:00am

Man held after killing spree in which 10 died

A man suspected of killing 10 people, including his wife, father and son this week, was arrested by police in Liaoning province yesterday.

16 Apr 2011 - 12:00am

Anshan Steel puts US plan on hold

Anshan Iron & Steel Group, one of the mainland's top producers of the alloy, has put its plan to invest in a US steel plant on hold in the face of political opposition. But Chen Ming, vice-chairman of its listed unit Angang Steel, says the delay will not affect the group's long-term international expansion strategy.

20 Aug 2010 - 12:00am

Beijing to discuss steel industry incentives and consolidation

The mainland Cabinet will discuss measures this week, such as tax cuts and incentives, to promote consolidation in the slumping steel industry.

The steps are expected to be implemented 'very soon' and are separate from the central government's 4trillion yuan (HK$4.54 trillion) stimulus package, which is slated for implementation over the next two years.

13 Jan 2009 - 12:00am

Renowned filmmaker gets top award

Director Ann Hui On-wah is the first Hongkonger and woman to take the top honour in the Fukuoka Prize since it was set up in 1990. The 61-year-old was named the grand prize winner in recognition of her contribution to Asian culture. Born in Anshan , Liaoning , Hui is one of the city's most socially conscious directors, tackling issues from Vietnamese boatpeople to Alzheimer's disease.

8 Aug 2008 - 12:00am

Once a graveyard for state-run industry, Liaoning is struggling back to prosperity

Nowhere has the death of the mainland's Stalinist industrial economy been more evident or the victims more numerous than in Liaoning .

Ten years ago, the northeastern province was ground zero in the biggest and most painful economic bloodletting to take place on the mainland since it began modernising its economy in 1978.

17 Jul 2008 - 12:00am

Liaoning official chosen to head Anben Steel

The merger between steelmakers Anshan Iron & Steel Group and Benxi Iron & Steel Group is gaining momentum with the government's appointment of a chairman shortly to head the integrated entity, a mainland newspaper has reported.

5 Jan 2008 - 12:00am

Lottery law aims to tackle surge in fraud

The mainland will issue its first national laws on the burgeoning lottery industry next year, offering regulators the power to combat a growing number of frauds.

3 Dec 2007 - 12:00am

Steel giants link up in Cambodia to cut ore costs

Four mainland steel giants, led by Wuhan Iron & Steel, have set up a joint venture to invest in iron ore projects in Cambodia - a move that may make them less vulnerable to rising import prices.

Wuhan Steel, the country's fifth-biggest steel mill operator, owns 50 per cent of the venture, while Baosteel Group, the mainland's biggest steelmaker, holds a 20 per cent stake.

25 May 2007 - 12:00am

Parkson buys out Liaoning store for 730m yuan

Parkson Retail Group, the Beijing-based department store unit of Malaysia's Lion Group, will pay 730 million yuan to acquire the 49 per cent stake it does not already own in its flagship store in Liaoning province including related property.

25 Apr 2007 - 12:00am

Steel giant to boost output amid demand at high-end

Anben Iron and Steel Group, China's second-largest steel producer, plans to raise its crude steel production capacity by 65 per cent in the next five years to meet surging demand for high-end products.

This is despite a target to shut 25 per cent of its capacity by 2010 to raise efficiency and cut pollution and raw material consumption.

8 Mar 2006 - 12:00am

Angang postpones fund raiser

Rights issue, asset purchase off until flotation of state-held shares is completed

Angang New Steel is confident it can still complete an 18 billion yuan asset acquisition from its parent firm by the end of the year, despite uncertainties over its ability to issue new shares to fund the purchase.

17 Aug 2005 - 12:00am

Panva lifts interest in Anshan gas venture

Panva Gas Holdings, one of the mainland's largest private piped-gas suppliers, has tightened its grip on a piped-gas project in Liaoning province by boosting its interest to 81 per cent worth 111.96 million yuan.

25 Mar 2005 - 12:00am

In Brief

Emperor places 129m shares to independents

Emperor International Holdings has placed 129.49 million shares to independent investors at $1.80 per share, to raise about $228.4 million. The placing shares amount to about 15 per cent of the existing share capital and about 13.04 per cent of the enlarged share capital.

Huaneng tariffs on excess output increase

7 Jan 2005 - 12:00am

Panva Gas buys stake in Anshan utility

Panva Gas Holdings subsidiary Panriver Investments will buy 51 per cent of Anshan City Gas in Liaoning province for 70.49 million yuan.

Anshan City Bureau will retain a 19 per cent stake in the gas operator, while Shanghai Investment will take 30 per cent.

25 Dec 2004 - 12:00am

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