Global private equity giants, including TPG and Carlyle, are joining the bidding for Quality HealthCare Medical Services (QHMS), a Hong Kong-based private clinic operator owned by two of India’s richest businessmen, Malvinder Mohan Singh and Shivinder Mohan Singh, sourcesThursday, 29 August, 2013, 4:13am
There is an intriguing rumour going around that would see struggling US electronics retailing giant Best Buy purchase its equally struggling Chinese counterpart Gome25 Feb 2013 - 1:56pm
They predict he will write a book, convinced that the daily diary he kept on the campaign trail would make for a compelling read.
They speculate that he will return to the corridors of finance, where his reputation as a savvy chief executive and investor remains unblemished.10 Nov 2012 - 3:00am
China-bashing is a well-established standby for US election candidates, which hasn't done much for mutual understanding, even if it hasn't done lasting damage.20 Sep 2012 - 7:02pm 2 comments
What do fung shui master Tony Chan Chun-chuen and US Republican presidential candidate Mitt Romney have in common? Well, if it's about taxes, they have a lot to share. Both have exploited the peculiarities of tax systems to avoid paying heavy taxes. And in their bid for empire, they have both exposed their industries to the unwanted attention of taxmen.18 Sep 2012 - 2:21am
Every person has a selfish but also a selfless side. It's important to bring out the selflessness in people
Muhammad Yunus, Nobel Peace Prize laureate and microcredit pioneer, on a vist to HK
This case has been like a huge stone weighing on me for more than half a year. What a nightmare15 Aug 2012 - 11:30pm
Shares in Gome Electrical Appliances Holdings, the mainland's second-largest home appliance retailer, plunged to an all-time low after it forecast a first-half loss due to lower sales and e-commerce losses.
Gome slumped as much as 18 per cent yesterday before closing at a record low of 65 HK cents yesterday, down 14.5 per cent.26 Jul 2012 - 12:00am
Gome Electrical Appliances, the mainland's second-largest home appliance retailer, warned of a loss for the year's first half yesterday.
The Beijing-based retailer's profit warning, which followed one issued by its chief competitor, Suning Appliance, earlier this month, underscores how the mainland's slowing economy is taking a toll on retail businesses.25 Jul 2012 - 12:00am
AMC Cinemas in Hong Kong has banned film-goers from wearing costumes or carrying replica weapons in the wake of the gun rampage at a Batman movie premiere in the United States which left 12 people dead and 58 injured.22 Jul 2012 - 12:00am
Bain Capital, whose investment portfolio on the mainland includes Gome Electrical Appliances, the mainland's No2 home appliance retailer, is close to completing a fund raising of about US$2.5 billion for a new Asia-dedicated private-equity investment vehicle.27 Jun 2012 - 12:00am
Hit by declining profit at home, Beijing-based Gome Electrical Appliances Holding is quietly exploring expanding to the Middle East through a joint venture company with a Lebanese businessman.12 Jun 2012 - 12:00am
Gome Electrical Appliances, the mainland's second-largest home appliance retailer, saw profits slump nearly 90 per cent in the first three months of this year because of sliding sales and losses from its e-commerce business. Analysts expect its weak performance to continue this year in a cooling appliance market.26 May 2012 - 12:00am
China's largest entertainment group, Dalian Wanda, agreed to acquire United States movie exhibitor AMC Entertainment for US$2.6 billion including debt, becoming the world's largest owner of cinemas.
Dalian Wanda runs 86 cinemas, with a total of 730 screens, is involved in stage shows and produces and distributes films on the mainland.22 May 2012 - 12:00am
Which rule in Legco forbids a member from writing with a paintbrush in the chamber?
Lawmaker Wong Kwok-hing tries his best to delay proceedings
This is a very tender and sensitive topic, as are many social issues
Likely Republican presidential candidate Mitt Romney sticks to his opposition to gay marriage11 May 2012 - 12:00am
Shares of Gome Electrical Appliances yesterday fell to their lowest in almost three years after the company issued a profit warning for the first quarter.
The stock dropped 11.43 per cent to HK$1.24, the lowest since June 2009, after the company forecast on Monday 'a significant decline in its net profit' for the first quarter.3 May 2012 - 12:00am