• Tue
  • Sep 23, 2014
  • Updated: 8:04pm

Charoen Pokphand

More vocal Chinese workers give foreign investors pause

Social instability in mainland China is increasingly a major concern for foreign investors, with the deal-making process often involving more than just the buyer and the seller - as local governments and even workers are capable of tearing up carefully negotiated agreemen

Monday, 10 March, 2014, 12:27pm 1 comment

A.S. Watson sale tipped to hit price snag again

Li Ka-shing's determination to cash out of the AS Watson retail businesses after his recent setback in offloading his ParknShop supermarket assets is likely to meet the same problem: buyer resistance on price.

30 Oct 2013 - 2:07pm 2 comments

Accounting for flora and fauna gives Southeast Asia growing pains

Auditors and investors in Southeast Asia are pushing back against an accounting standard used to value farm animals, crops and other agricultural produce that they fear will make profits more volatile and raise the risk of corporate skulduggery.

11 Jul 2013 - 2:28pm

Ping An, HSBC shares set to take off

Shares of HSBC and Ping An Insurance are expected to rise today on the back of bullish equity market sentiment, and news that mainland regulators have approved HSBC's US$7.4 billion sale of its Ping An stake to Thailand's Charoen Pokphand.

4 Feb 2013 - 4:00am

Ping An rises on HSBC stake sale to Charoen Pokphand

Ping An Insurance (Group) Co. shares rose the most in eight months, leading Chinese insurers higher, after HSBC Holdings said it will sell its entire stake for US$9.4 billion to a Thai company, removing investor uncertainty. Ping An, China’s second-largest insurer, advanced 4 per cent to HK$59.95 in mid morning trade, the most since April 13.

5 Dec 2012 - 11:39am

HSBC to sell Ping An stake for US$9.4b to Thai firm

HSBC Holdings, Europe’s biggest bank by market value, agreed to sell its stake in China’s Ping An Insurance (Group) Co. to Charoen Pokphand Group Co. for US$9.4 billion in its biggest divestment in at least 17 years.

5 Dec 2012 - 12:39pm

Kingdom recovers from chaos

Amid celebrations for highly revered King Bhumibol Adulyadej's birthday today, Thais will be taking stock of the relative calm after scenes of chaos in Bangkok earlier this year, when red-shirted anti-government protesters besieged the streets.

5 Dec 2010 - 12:00am

Chia Tai looks beyond key cities for growth

Chia Tai Enterprises International, a loss-making mainland hypermarket operator controlled by Thailand's Chearavanont family, aims to expand in second-tier cities after buying HK$2.81 billion of Lotus outlets from a partnership led by the family's flagship company.

22 May 2007 - 12:00am

Chia Tai shares surge on plan to buy stores

Shares of retailer Chia Tai Enterprises International surged as much as 66 per cent yesterday after it announced that a partnership led by controlling shareholder, Thailand's Chearavanont family, plans to inject into it 19 mainland hypermarkets in exchange for HK$2.81 billion in its shares.

19 May 2007 - 12:00am

Patience pays off for Thai family business

If nothing else, Dhanin Chearavanont should be credited for his perseverance in potentially the world's biggest market. Not many conglomerates have weathered the magnitude of setbacks that his agribusiness-focused Charoen Pokphand Group (CP Group) has - from flopped motorcycle and shopping mall ventures - and millions of dollars in lost opportunities.

20 Sep 2005 - 12:00am