• Wed
  • Jul 30, 2014
  • Updated: 6:28am

Hanshih.Toh@Scmp.Com

Beijing to pack 56b yuan into metro expansion

Beijing Infrastructure Investment, which invests in and builds the capital's metro railway, says it will spend 55.87 billion yuan (HK$68.49 billion) on 10 metro rail projects from next year to 2015.

Wednesday, 15 August, 2012, 11:23pm

Auditors have resigned, Chaoda Holdings says

Controversy continues to dog Hong Kong-listed investment holding company Chaoda Modern Agriculture (Holdings), which issued a statement last night saying that its auditors had resigned because they were unable to complete their audit.

11 May 2012 - 12:00am

Brutal honesty marks Huili prospectus

Huili Resources, a loss-making miner, has warned of uncertainties as it readies to list in Hong Kong.

'There are uncertainties in acquiring new mining projects. There is no assurance we can find suitable mining projects. If we fail to find suitable projects, our business operations may be adversely affected,' Huili's IPO prospectus warns.

24 Dec 2011 - 12:00am

Nine Dragons Paper to tackle debt

Nine Dragons Paper (Holdings) will cut capital expenditure over the next two years to lower its debt after reporting worse-than-expected profits.

Shares in the mainland company fell 6.5 per cent to HK$3.57 yesterday.

22 Sep 2011 - 12:00am

Mainland economy starting to cool

In a sign that the world's second-largest economy is slowing down, the mainland's Purchasing Managers' Index (PMI) for the non-manufacturing sector fell two percentage points to 57.6 per cent in August from 59.6 per cent in July, according to the China Federation of Logistics and Purchasing (CFLP).

4 Sep 2011 - 12:00am

Sinopoly in fight with ex-employee

Sinopoly Battery, a Hong Kong-listed company in which tycoon Li Ka-shing has a 5.8 per cent share, is being sued in a Shenzhen court by companies controlled by its former deputy chairman Winston Chung Hing-ka for breaching contracts.

11 Jul 2011 - 12:00am