• Sat
  • Aug 23, 2014
  • Updated: 9:01pm


New World taps market for HK$18.6b to buy out China unit

New World Development, the city's fifth-largest developer by market value, yesterday announced it would make an HK$18.6 billion rights issue to take its mainland property arm New World China Land private.

Saturday, 15 March, 2014, 12:53am

Sinopec stake sale signals move to privatise state-owned enterprises

The mainland's decision to sell a stake in a subsidiary of Sinopec signals more privatisation of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliamentary session, officials and experts said.

5 Mar 2014 - 1:12am

New Oriental comments fuel privatisation talk

Recent remarks by New Oriental's CEO and rumours of buyout talks mean the company could launch a privatisation bid by the end of this year

18 Jun 2013 - 11:35am

Tycoon fails again to take Guoco private

Malaysian tycoon Quek Leng Chan has failed in his latest attempt to take Guoco Group private, despite increasing the offer for the rest of the company to HK$9.37 billion.

31 May 2013 - 4:41am

China's ailing economy needs a dose of Thatcherism with Chinese characteristics

As the world mourned the passing of former British prime minister Margaret Thatcher, remembered her belief in small government, free enterprise and monetarism, and her contribution to world prosperity, we should look at what today's China can learn from her legacy.

29 Apr 2013 - 1:07pm 1 comment

New Oriental: privatisation bid on tap?

I have to extend my sympathies to education services provider New Oriental, which seems unable to earn any respect from US investors these days.

25 Apr 2013 - 12:46pm

Quek increases Guoco takeover offer to HK$9.4b

Trading in the shares of Guoco, a Hong Kong investment firm controlled and chaired by Quek, was suspended yesterday morning pending an announcement. The company announced the 13.6 per cent higher offer from HK$88 last night.

24 Apr 2013 - 5:38am

E-House looking to privatise?

Today's headlines include a couple of new developments in the recent privatisation wave for US-listed China firms, underscoring the difficulty of doing such deals that often require big fund raising. 

26 Mar 2013 - 12:27pm

Simcere to de-list, Vipshop adds shares

A week after shares of Internet portal Sohu went on a roller coaster ride on rumours of a de-listing plan that the company later denied, we're getting word that drug maker Simcere Pharmaceutical is launching the latest privatisation plan by a US-listed Chinese firm.

12 Mar 2013 - 1:11pm

'Undervalued' Sohu.com mulls plan to quit Nasdaq

Chinese internet giant is talking to investors for funds to take company private, joining a list of Chinese firms to exit from what they see as an unfriendly US market. Four financial industry sources told the South China Morning Post yesterday that Sohu had recently talked to several banks, including Credit Suisse, to advise the Beijing-based company on a possible privatisation plan.

6 Mar 2013 - 10:44am