Restructuring

4 Mar 2013

It has become a ritual for new Chinese leaders to announce a shake-up of government in the name of streamlining bureaucracy and more importantly, to signal a fresh start.

Big-picture plan for arts academy

4 Mar 2013

The Hong Kong Academy for Performing Arts (HKAPA) will create two colleges and open a Chinese opera school in a restructuring plan designed to steer it to international success, according to its "...

New leaders finalise candidates for top posts, approve restructuring plan

1 Mar 2013

The list, created at a three-day, closed-door meeting of the party's Central Committee that ended yesterday, is set to be rubber-stamped by lawmakers at next week's annual session of the National...

Esprit's bottom line sags despite restructuring

27 Feb 2013

Jose Manuel Martinez Gutierrez, the new chief executive of Esprit, said he was fine-tuning a HK$18 billion restructuring plan introduced two years ago.

Politburo endorses draft restructuring plan

24 Feb 2013

The draft proposes reform and the reassignment of duties of various organisations under the State Council. Xinhua quoted the Politburo as saying the restructuring was a priority, as it was crucial...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Under-fire McGraw-Hill builds war chest

McGraw-Hill, which faces US$5 billion in fines for allegedly misleading bondholders, is fortifying its own investors with US$1.4 billion in net cash and what may be the fastest profit growth since...

Nasdaq looks beyond stock trading in merger of units

Nasdaq OMX, the second-largest equity market operator in the United States, is combining two technology units that provide advisory services to exchanges and research on company shareholders....

Alibaba takes bold steps on overhaul

Mainland e-commerce giant Alibaba's restructuring moves in the past days are only the first steps towards an overhaul of the company in preparation for the group's listing, say analysts.

EARNINGS

Li & Fung expects 2012 core operating profit to drop 40pc

Li & Fung says net profit for last year will not exceed that of the previous year and core operating profit will in fact drop 40 per cent, worse than analysts' estimates.

"This is worse...

INTERNET

Alibaba to sharpen business focus through restructuring

Mainland e-commerce giant Alibaba is going in for a major restructuring by splitting the company into 25 units, each led by a general manager, chief executive Jack Ma Yun told the staff in an...

RESTRUCTURING

Shui On Land to boost spin-off with 68b yuan asset injection

Shui On Land yesterday unveiled a major restructuring plan to inject its commercial portfolio, valued up to 68 billion yuan (HK84.6 billion), into its listing candidate China Xintiandi, in an...