• Fri
  • Dec 19, 2014
  • Updated: 1:28am

Joint Venture

M&A binge? Not going by figures

China outbound acquisitions in the metals and minerals sector amounted to just 10.6 per cent of global deals by value last year, belying the nation's portrayal by the media as an aggressive resources buyer abroad.

Monday, 14 March, 2011, 12:00am

Bid for luxury project on Lamma revived

The controversial 'Baroque on Lamma' development has been resurrected - to the anger of many island residents and green groups.

The luxury residential and marine project - situated near a conservation area - was rejected by development and planning officials last year.

But an amended plan is being finalised for submission to the Town Planning Board.

14 Mar 2011 - 12:00am

11 wise men (two from HK) to run economic test lab

An 11-person committee, with two of the members from Hong Kong, will run the project to turn land over the border at Qianhai in Shenzhen into an innovative zone for service industries, the South China Morning Post has learned.

12 Mar 2011 - 12:00am

Shanghai reveals Disneyland plans

After years of speculation, Shanghai residents finally have their chance to comment on proposals for their very own Disney theme park.

The first detailed plans for the 24.5-billion-yuan (HK$29 billion) park tourism zone have been released for a one-month public consultation, with major construction work expected to begin in May.

11 Mar 2011 - 12:00am

Liaoning steelmakers to merge amid profits squeeze

Rising costs, declining profits and nationwide overcapacity are pushing two of China's largest steelmakers towards a government-arranged merger, according to deputies now meeting in Beijing at the annual National People's Congress meeting.

9 Mar 2011 - 12:00am

Winsway eyes cross-border coal supplies

Winsway Coking Coal Holdings, China's largest importer from Mongolia of the steel smelting material, plans to invest in Russian and Mongolian projects to help secure more coal sales to support the cross-border logistics infrastructure it is building.

8 Mar 2011 - 12:00am

Guangzhou aims to be aircraft maintenance hub

Guangzhou, the latest entrant into the mainland's rapidly growing aircraft maintenance market, aims to become the largest player in the field, having just set up a joint venture with a Singapore company.

4 Mar 2011 - 12:00am

Choppy waters forecast as too many cargo ships chase too little freight

Too many ships chasing too few dry bulk cargoes are likely to lead to a weaker shipping market this year compared with 2010, senior executives from dry cargo specialist Pacific Basin Shipping said yesterday.

2 Mar 2011 - 12:00am

In Brief

Sogo operator says sales growth faster on mainland

1 Mar 2011 - 12:00am

Integration of markets on the cards

One in 10 brokerage firms in Hong Kong is from the mainland - a figure that Securities and Futures Commission chairman Eddy Fong Ching expects will rise in the next few years.

1 Mar 2011 - 12:00am

S Korean joint venture to produce advanced chips on mainland

A mainland affiliate of SK Telecom, the largest wireless network operator in South Korea, is entering the mainland Chinese semiconductor market through a new joint venture that will produce advanced chips for smartphones, media tablets and personal computers.

26 Feb 2011 - 12:00am

NWS hits a snag in plan to spin off mining unit

NWS Holdings' plan to raise US$400 million from spinning off its mining unit has hit an obstacle after the Hong Kong Stock Exchange listing committee rejected its application.

NWS Holdings, New World Development's transport and financial services arm, said yesterday that it would still pursue the spin-off of Newton Resources.

25 Feb 2011 - 12:00am

Brightoil plunges on disappointing results

Brightoil Petroleum (Holdings), which attributed its previously strong profit margin to its 'buy low, sell high' trading strategy, saw its share price plunge as much as 22 per cent after it posted disappointing first-half results.

24 Feb 2011 - 12:00am

Luxury brands boost IFC Mall rental rates

Jewellers and luxury international brands have edged out restaurants in the upmarket IFC Mall in Central.

Commercial landlord Sun Hung Kai Properties has revamped the tenant mix of its joint-venture retail arcade by not renewing lease agreements with 10 restaurants to make room for those willing to pay much higher rents for the prime space.

23 Feb 2011 - 12:00am

Dynasty forges chateau as centrepiece of its winery

It is arguably the very last structure anyone would expect to see rising from the flat industrial plains outside Tianjin: a Palace of Versailles-styled chateau fronted by a gleaming glass pyramid a la Musee du Louvre.

23 Feb 2011 - 12:00am