Joint Venture

Li Ka-shing's Singapore property joint development looks to expand

Billionaire Li Ka-shing's Singapore property joint venture may seek more land in the city state's downtown to replicate its latest development that attracted global banks including Standard Chartered and Macquarie Group.

Thursday, 30 August, 2012, 3:17am

Milan Station shares surge on news of HK retailer's joint venture in Chengdu

Milan Station had 16 shops at year's end. Photo: Samantha Sin

Shares of Milan Station surged more than 70 per cent in trading yesterday after the retailer of second-hand luxury handbags said it planned to form a joint venture in Chengdu, Sichuan.

Analysts said the capital market had overreacted to the news, noting that it was too early to tell if the venture would succeed.

24 Aug 2012 - 2:47am

Dongfeng to invest 30b yuan in growth

Dongfeng Motor Group, the largest Hong Kong-listed carmaker by market value, plans to invest 30 billion yuan (HK$35.58 billion) in the next two years to boost production and research and development capacity to meet booming demand in the world's largest car market.

31 Mar 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

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

Cosco International in quest for fuels firm

Cosco International, the shipping services subsidiary of the mainland's largest shipping company, might complete the purchase of marine fuels company China Marine Bunker (PetroChina) from parent Cosco by the end of this year.

25 Mar 2011 - 12:00am

Profits of Boom

The big profits made by developers over the past year are tangible testimony to the residential market's continued strength, characterised by strong demand and tight supply, a solid economy and record low mortgage rates.

Not surprisingly, luxury home sales have contributed a substantial amount of earnings to the stellar financial results of property giants.

25 Mar 2011 - 12:00am

Revaluation loss hits Chinese Estates Holdings

Chinese Estates Holdings booked a big property revaluation loss last year, leading to a net loss of HK$8.86 billion during the period.

24 Mar 2011 - 12:00am

PCCW trust in 'early stages' as net earnings jump 28pc

PCCW management wants to unlock more value from the company through the proposed spin-off of its telecommunications operations and its separate listing as a business trust.

23 Mar 2011 - 12:00am

Hutchison Telecom to boost its network

Hutchison Telecommunications Hong Kong Holdings, lifted by its solid gains last year, plans to boost fixed-line network operations and launch fourth-generation mobile services later this year.

22 Mar 2011 - 12:00am

From Chinese lessons to the language of finance

For some Westerners, learning Chinese is an affair of the heart, undertaken to please Chinese girlfriends or boyfriends.

But for Nikko Asset Management Asia head Blair Pickerell, it was a call of duty rather than devotion that got him started.

21 Mar 2011 - 12:00am

Nuclear crisis puts HK energy goals in doubt

Hong Kong will consider the implications of the Fukushima nuclear crisis and its impact on the nuclear industry before deciding whether to harness more nuclear energy from the mainland, environment officials say.

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

BA eyes deal for Japan Airlines

British Airways is eyeing the chance of a consolidation with the cash-strapped Japan Airlines (JAL) despite the latter's dimmed business outlook in light of the country's worst disaster in a century.

18 Mar 2011 - 12:00am