• Sun
  • Dec 28, 2014
  • Updated: 2:16pm

Joint Venture

Alibaba chiefs quit after probe into sales fraud

Two top officers at mainland internet giant Alibaba.com resigned yesterday to take responsibility for a massive sales fraud conducted through the firm's e-commerce websites.

Tuesday, 22 February, 2011, 12:00am

Lenovo beats forecast as profit surges 25pc

Computer giant Lenovo Group will boost spending on research and development and global brand-building, driven by its expanding mobile internet device business and international operations.

18 Feb 2011 - 12:00am

End of government help leaves carmakers with mixed results

Carmakers on the mainland have so far reported a mixed bag of sales figures for last month following the expiry of a raft of government stimulus measures that last year boosted sales of affordable small-engine vehicles.

17 Feb 2011 - 12:00am

GM to release 20 new models in China expansion

General Motors, the largest overseas carmaker in China, plans to increase investment on the mainland, as well as introduce more new models and strengthen its research and development there to tap the world's biggest car market.

16 Feb 2011 - 12:00am

Manulife aims to continue growth

Manulife is looking for ways to diversify its distribution channels through banks and independent agents, and at mainland joint-venture opportunities to continue its strong Asian growth.

Banks account for 21 per cent of Asian sales, and independent agents accounted for 10 per cent in the fourth quarter of last year.

16 Feb 2011 - 12:00am

Rich pickings for loan guarantors, but at a price

The stock market is all about themes. As the mining concept loses steam after several years, a mainland 'para-financial' theme is kicking in.

12 Feb 2011 - 12:00am

PetroChina set for big gas deal in Canada

PetroChina is poised to make a huge natural gas deal in Canada, agreeing to pay C$5.4 billion (HK$42.27 billion) in what could be the largest acquisition in the so-called unconventional natural gas business.

The deal is the latest in a string of multibillion-dollar unconventional gas asset purchases in North America by international oil and gas companies in the past year.

11 Feb 2011 - 12:00am

Mainland railway and air transport sectors undergo hi-tech revolution

On land and in the skies, the mainland is in the grips of an unprecedented transport revolution that has potentially far-reaching economic ramifications.

From Qiqihar in the far northeast to Dali in Yunnan province, from Urumqi in Xinjiang to Shenzhen, the entire nation will soon be interlinked with a vast network of high-speed trains.

11 Feb 2011 - 12:00am

Stability and prosperity

As the effects of the government's cooling measures start to ease after the Lunar New Year, developers are launching sales campaigns for new homes. Forecasts of the number to come on the market this year range from 14,000 to 18,000.

However, new supply in the luxury sector will remain small, which will underpin sentiment and drive prices higher.

11 Feb 2011 - 12:00am

CRE, Kirin in drinks tie-up

Hong Kong-listed brewer China Resources Enterprise and Japanese beverage giant Kirin Holdings will establish a joint venture to produce and distribute soft drinks in Greater China.

25 Jan 2011 - 12:00am

Russian oligarch sets stage for IPO No 2

The Hong Kong listing of Russian oligarch Oleg Deripaska's hydropower utility EuroSibEnergo is now back on track after a delay last year.

22 Jan 2011 - 12:00am

Shui On to build science parks on the mainland

Shui On Construction and Materials (Socam) will form a strategic alliance with two mainland partners to develop science parks comprising commercial premises, offices and serviced apartments with an investment of HK$2.16 billion.

21 Jan 2011 - 12:00am

Alibaba warehouse network plan

Alibaba Group, China's largest e-commerce company, and undisclosed partners plan to invest as much as 30 billion yuan (HK$35.44 billion) to build a network of warehouses across the mainland to expedite delivery of goods by online merchants.

20 Jan 2011 - 12:00am

ATV breaks 30-year industry practice with new ratings study

ATV has bailed on fellow industry players for the first time in 30 years to independently adopt a different way of measuring the ratings of its television programmes it believes to be underrated.

19 Jan 2011 - 12:00am

GE Aviation to finalise avionics joint venture with AVIC

GE Aviation, the aviation arm of General Electric, will this week seal a deal with Aviation Industry Corporation of China (AVIC) to form an avionics joint venture on the mainland.

The signing will be held on Friday in Washington during President Hu Jintao's state visit to the US.

19 Jan 2011 - 12:00am