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Adam Cheng and Liza Wang Concert 2011

Thursday, 31 March, 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

It's blackmail and extortion, says Sands casino chief

A lawsuit filed by the sacked head of Las Vegas Sands' Macau subsidiary amounts to blackmail and extortion, Sands chairman and chief executive Sheldon Adelson said yesterday.

30 Mar 2011 - 12:00am

Sinopec budgets 700b yuan to expand output

China Petroleum & Chemical (Sinopec), the world's second largest oil refiner, has budgeted around 700 billion yuan (HK$830 billion) in the next five years to expand its petroleum fuel and chemicals output to meet rising demand.

29 Mar 2011 - 12:00am

China Shenhua wants to be the Wal-Mart of coal

China Shenhua Energy has budgeted 15.9 billion yuan (HK$18.86 billion) this year to expand transportation and logistics infrastructure as part of its strategy to become a one-stop-shop Wal-Mart in the coal business.

29 Mar 2011 - 12:00am

Geely's new SUVs to boost profit

Geely Automobile Holdings, whose parent company last year acquired Volvo Car, plans to launch two new SUVs on the mainland this year - part of a broader plan to strengthen its brand in the world's biggest vehicle market.

The Zhejiang-based carmaker said it planned to break from a traditional reliance on lower-cost models to boost average revenue and profit per car sold.

24 Mar 2011 - 12:00am

China Telecom's growth disappoints

China Telecom, the mainland's largest fixed-line operator by subscriber numbers, yesterday reported slower than expected net profit growth for last year, at 9.3 per cent.

23 Mar 2011 - 12:00am

Shimao set to cash in on its tourism assets

Shimao Property Holdings is considering spinning off its tourism-related property arm, including hotels, theme parks and golf courses, after announcing a 41 per cent rise in underlying full-year profit last year.

'We are doing preparation work now, but [there's] no timeframe for the listing at the moment,' said vice-chairman and executive director Jason Hui Sai-tan.

23 Mar 2011 - 12:00am

Flight delays grow longer as airport handles more traffic

Hong Kong International Airport may be among the most efficient airports in the world, but with levels of air traffic reaching new highs every year passengers are also enduring longer delays.

22 Mar 2011 - 12:00am

Market primed to see 3 Group in profit at last

After nine years of red ink, investors are eagerly waiting for Hutchison Whampoa's controversial foray into third-generation (3G) mobile phones to finally turn a profit.

The 3 Group lost HK$998 million before interest and tax in the first half of last year, significantly less than the HK$5.45 billion deficit in the same period the previous year.

21 Mar 2011 - 12:00am

CLP reviews mainland nuclear investments

CLP Holdings is reviewing its mainland atomic power investments following the nuclear crisis in Japan and Beijing's rethink on its own nuclear policy.

21 Mar 2011 - 12:00am

TV report on clenbuterol in pigs sees 22 people held

Mainland police have detained at least 22 people after a television expose about illegal additives in pig feed.

19 Mar 2011 - 12:00am

Rights issue targets China's 10m new homes

China State Construction International Holdings plans to raise at least HK$3.58 billion through a rights issue to build more infrastructure projects on the mainland, the firm announced yesterday.

Shares of the construction firm, a subsidiary of state-owned China Overseas Holdings, fell 2.8 per cent to HK$7 yesterday.

19 Mar 2011 - 12:00am

Japanese carmakers in China face damaging supply crunch

Supply chain disruptions in the wake of last week's earthquake and tsunami in Japan may spell trouble for Japanese carmakers in China if the situation worsens or current factory closures are prolonged.

18 Mar 2011 - 12:00am

Kerry unit targets HK$10b in sales after hefty profits

Kerry Properties aims to sell HK$10 billion worth of properties in Hong Kong and in the mainland after it reported a 59 per cent increase in underlying full-year profit.

For the year to December, it said core earnings were HK$3.4 billion, driven by strong property sales in Hong Kong.

18 Mar 2011 - 12:00am