Joint Venture

Chinese trains may soon run on British rails

China is close to selling its first trains to Britain in four deals worth more than GBP500 million (HK$6.17 billion).

Wednesday, 19 January, 2011, 12:00am

Well worth putting up with hassle

Steps may have been taken to cool the rampant property market on the mainland, but opportunities still exist for Hong Kong real estate professionals to accelerate their careers by working on construction projects across the border.

15 Jan 2011 - 12:00am

QDII funds beat rivals with 5.6pc return

The mainland's first nine overseas equity-based funds generated an average 5.6 per cent return for investors last year, outperforming their A-share counterparts as they benefited from a global market recovery.

14 Jan 2011 - 12:00am

Keep HK's property developers well away from our arts centres

Not content with controlling property development, shopping malls, retail, private hospitals, transport and the entertainment industry, our tycoons are now intent on taking over arts facilities. These facilities were ostensibly set up to encourage creative industries and provide opportunities for talented individuals and small businesses to gain commercial experience and flourish.

12 Jan 2011 - 12:00am

Ship refueller has big growth plans

Brightoil Petroleum, the mainland's only privately owned fuel supplier to ocean-going vessels, plans to spend around US$350 million this year to build fuel-storage facilities and buy oil tankers.

The company has embarked on an expansion plan in upstream natural gas field development and downstream fuel trading and logistics.

10 Jan 2011 - 12:00am

In Brief

Shanghai still crunching numbers for Pudong Disneyland project

9 Jan 2011 - 12:00am

Subsidy cut drives mainland car stocks down

The mainland scrapped subsidies for new car purchases at the weekend - following an earlier increase in sales taxes on small-engined cars - in a move that pushed car stocks lower when markets opened yesterday.

4 Jan 2011 - 12:00am

GAC to pay parent 444.7m yuan for stake

Guangzhou Automobile Group (GAC) said yesterday it will pay 444.76 million yuan (HK$523.84 million) for its parent company's stake in a mainland motorcycle joint venture with Japan's Honda Motors.

1 Jan 2011 - 12:00am

Yata shows appetite for New Territories

Yata, the Japanese department store of Sun Hung Kai Properties, is scouting the northern New Territories for sites to open new stores in an attempt to avoid competition and punishing rents in prime areas.

21 Dec 2010 - 12:00am

Thai Airways chief braces for long haul

Some years ago Thai Airways International ran a television advertisement featuring a young woman in elegant silk dress, who bowed and made a hands-joined 'wai' greeting.

20 Dec 2010 - 12:00am

Cargo carriers bank on booming markets in Asia to fuel growth

Airfreight carriers expect sustained strong demand for their services in the new year, following on a solid performance in 2010, as the global economy shows few signs of heading for a double-dip recession, industry operators say.

20 Dec 2010 - 12:00am

In Brief

Toshiba aims to quadruple LCD TV sales on mainland

16 Dec 2010 - 12:00am

BEA swoop on Golden Eagle ends asset chase

A unit of Bank of East Asia has bought a minority stake in Golden Eagle Asset Management, reflecting foreign investors' continued interest in the mainland's lucrative mutual fund sector.

15 Dec 2010 - 12:00am

Timeless dance

There's still about a month before the Merce Cunningham Dance Company arrives in town to perform Nearly 902 as part of its two-year, grand-final Legacy Tour. Moving images of the troupe and Cunningham himself, however, can easily be accessed online now.

12 Dec 2010 - 12:00am

CNOOC reaches deal to buy half of Australian energy company

China National Offshore Oil Corp, the nation's third-largest oil and gas producer, has agreed to buy half of a coal seam gas developer in Australia, its second overseas foray in as many months, to help develop domestic unconventional gas resources.

9 Dec 2010 - 12:00am