Velappan slams Dalian over 'disgraceful' medals snub

Angry Asian Football Confederation (AFC) chief Peter Velappan threatened Dalian Wanda with disciplinary action for their 'disgraceful' behaviour following their controversial Asian Club Championship defeat by Pohang Steelers yesterday.

Monday, 6 April, 1998, 12:00am

Dalian's victory in qualifiers a vital edge

DALIAN Wanda are looking to win China's second Asian Club Championship title when they meet South Korea's Pohang Steelers in the grand final this afternoon at the Hong Kong Stadium.

Iranian side Pirouzi and Al Hilal of Saudi Arabia will meet in the third-place play-off at the same venue.

5 Apr 1998 - 12:00am

First shareholding bank formed

Dalian has set up the first shareholding bank by merging 29 non-banking financial institutions. The Dalian City Commercial Bank is made up of 29 urban credit co-operatives. The bank, with total assets of 11.47 billion yuan (about HK$10.77 billion), is jointly owned by the city government, local enterprises and individual shareholders.

30 Mar 1998 - 12:00am

Procedural delay for listing

Dalian Refrigerator Equipment Co has postponed the listing of its 115 million B shares in Shenzhen until March 20 because of procedural delay. The B shares were scheduled to be listed on March 16. The firm completed an issue of 100 million B shares, priced at HK$2.99 per share, on March 2.

12 Mar 1998 - 12:00am

Li Ming

A crucial goal by Li Ming put Chinese champions Dalian into the semi-finals of the Asian Club Championship yesterday despite a loss to Japan's Kashima Antlers in their final group match.

Dalian were beaten 2-1 but Li's 70th-minute goal meant they finished ahead of Kashima in the standings thanks to their higher goal tally after their three eastern zone group matches.

16 Feb 1998 - 12:00am

Dalian targets marine market

Dalian, in northeast Liaoning province, plans to harvest 1.66 billion tonnes of aquatic products worth 6.2 billion yuan (about HK$5.76 billion) this year. Last year it earned US$340 million from exporting 150,000 tonnes of aquatic products. The city hopes to become the mainland's largest aquatic products base this year with plans to cultivate more shellfish.

7 Feb 1998 - 12:00am

Dalian International

Dalian municipal government has shelved flotation of its window company in Hong Kong until market conditions improve.

9 Jan 1998 - 12:00am

Dalian Refrigeration takes share show on road despite crisis

Dalian Refrigeration yesterday braved falling stock markets to kick off a roadshow to promote a B-share issue aimed at raising up to $299 million.

The roadshow began in Hong Kong and will move to Singapore today and Japan.

Pricing will be fixed on completion of the roadshow towards the end of next week.

9 Jan 1998 - 12:00am

Dalian Refrigeration looks to raise $297m from initial B-share listing

B-share listing candidate Dalian Refrigeration has decided to price its initial offer at a tentative range of between three yuan and 3.2 yuan a share, to raise up to 320 million yuan (about HK$297.8 million). This puts the issue on a price/earnings multiple of between 7.65 and 8.09 times its earnings last year of not less than 113 million yuan.

6 Jan 1998 - 12:00am

Dalian shipyard enters new alliance with global stance

Dalian New Shipyard, one of the mainland's largest shipbuilding companies, has signed an industrial co-operation agreement with the Italian state shipbuilder Fincantieri, aiming to combine the strength of the two companies to compete on the international market.

6 Dec 1997 - 12:00am

Penalty blows it for Caroliners

A QUESTIONABLE penalty awarded in the last five minutes spoilt South China's hopes of salvaging some lost pride after Chinese side Dalian Wanda won their second-round, second-leg clash in the Asian Club Championship 2-1 in Dalian yesterday.

Dalian advanced to the third round 6-1 on aggregate after winning the first leg 4-0 10 days ago at the Mongkok Stadium.

30 Nov 1997 - 12:00am

Daiei to open shop in Dalian

Supermarket chain operator Daiei said yesterday it will open its first supermarket in Dalian next month, managed by a joint venture with trading company Mitsubishi Corp. The joint venture Dalian Daiei Supermarket Co is capitalised at US$5 million, of which Daiei holds 60 per cent. Mitsubishi has a 30 per cent stake with local entities putting in 10 per cent, Daiei said.

22 Nov 1997 - 12:00am

Tame surrender spells danger for China's soccer future

CHINA'S dire performance against Qatar has all but killed off hopes and dreams of a World Cup trip to France next summer and may also have done some extremely serious damage to the future of soccer in the country.

2 Nov 1997 - 12:00am

US suffers deficit in telecoms trade

The United States has posted a deficit in trade with the mainland in telecommunications equipment in the first half of this year but sees a virtually unlimited market there, US officials say.

9 Oct 1997 - 12:00am

Liaoning hosts commodity fair

Liaoning province, a heavy industrial base, will hold a commodity fair in Dalian from today to Saturday. The fair is to have more than 600 booths, Xinhua news agency said. It will be sponsored by eight departments of the provincial and the Dalian city governments. More than 10,000 locally manufactured goods will be exhibited, including electrical appliances and knitwear.

17 Sep 1997 - 12:00am