Date
23 February 2018

Industries

  • Guangzhou district may ease housing curb, paper says

    Oct 2, 2013 12:01pm
    A price limit on new homes in Guangzhou’s Nansha district may be eased after October 10, the Southern Metropolis Daily reported Wednesday, citing several developers. The developers said they were told by a government source that...
  • Gold miners hit as the metal’s safe-haven allure fades

    Oct 2, 2013 11:50am
    A congressional standoff over budget issues has led to a partial shutdown of the US government for the first time in 17 years, but the news failed to boost gold prices as investors are betting that...
  • Asset injection plan buoys Guangzhou Shipyard

    Oct 2, 2013 11:36am
    Guangzhou Shipyard International Co. Ltd. (GSI) (00317.HK) gained support on Wednesday after it resumed trading. The mid-sized shipbuilder proposed raising HK$2.82 billion (US$362 million) through a non-public share offering to buy Guangzhou Longxue Shipbuilding Co. from...
  • China Ludao to boost margin with own brands, paper says

    Oct 2, 2013 11:31am
    Aerosol products manufacturer China Ludao Technology Co. Ltd. (02023.HK), which seeks to list on the Hong Kong stock exchange, will widen its line of self-branded products to boost its gross profit margin and competitiveness, Ming Pao...
  • TPV Technology sees TV shipments flat this year, paper says

    Oct 2, 2013 11:13am
    Display solutions provider TPV Technology Ltd. (TPV, 00903.HK) said its LCD TV shipment target for this year has been set at 53-54 million units, while the target for display monitors shipment is at 15 million, with...
  • Steel giant totally unexcited about govt’s M&A push

    Oct 2, 2013 10:53am
    Miao Wei {苗圩}, China’s Minister of Industry and Information Technology, is said to have written a letter recently to Xu Lejiang {徐樂江}, chairman of Shanghai Baosteel Group Corp. (600019.CN), calling on the nation’s top steelmaker to...
  • Taiwan allows investment in Fujian petrochem zone, paper says

    Oct 2, 2013 10:51am
    Taiwan’s Executive Yuan said will allow seven firms from the island to jointly invest in a plant at the planned petrochemical zone on the Gulei Peninsula in Zhangzhou, Fujian province, the Economic Daily News reported Wednesday,...
  • KKR-Qingdao Haier deal plugs into mutual benefits

    Oct 2, 2013 9:57am
    Global investment fund KKR has all the signs of being bullish about China. Shortly after the company struck a US$140 million deal with China Modern Dairy (01117.HK) to farm cattle, KKR agreed to buy a stake...
  • Oct 1 railway traffic exceeds 10 mln passengers, Xinhua says

    Oct 2, 2013 9:54am
    The China Railway Corporation (CRC) said Wednesday a total of 10.327 million passengers traveled by rail on Tuesday, the start of the National Day “Golden Week” holiday, setting a historical high for daily train traffic, the...
  • Foreign agencies can’t wait to tap outbound tourism boom

    Oct 2, 2013 9:47am
    It has only been days since Shanghai’s free trade zone opened for business and already, foreign travel agencies cant’ wait to offer full-on services in the area. The prize: China’s booming outbound tourist industry. Foreign tour...
  • Hua Han FY profit down 66.1% at HK$223 mln, filing says

    Oct 2, 2013 9:36am
    Hua Han Bio-Pharmaceutical Holdings Ltd. (00587.HK) said in a regulatory filing on Tuesday its net profit for the fiscal year to June dropped 66.1 percent to HK$223 million (US$28.75 million) from a year earlier. It attributed...
  • Retailers welcome China ‘forced shopping’ trip ban, HKEJ says

    Oct 2, 2013 9:30am
    Gold and jewelry retailer Chow Sang Sang Holdings International Ltd. (00116.HK) said China’s ban on “forced shopping” trips, a move stipulated under the nation’s new tourism ordinance, will benefit companies like itself as tourists will no...
  • Protectionism focus moves to e-car charging facilities

    Oct 2, 2013 9:20am
    China has changed the rules of game to prop up its fledgling new-energy vehicle industry by handing out subsidy directly to the carmakers rather than coursing it through local authorities as it did in the past. But the...
  • Dairies raise prices as raw milk costs surge, Xinhua says

    Oct 2, 2013 9:16am
    Prices of liquid milk products have been on the rise this year in Shandong, Inner Mongolia and Hebei, among other regions as the cost of raw milk has increased due, in part, to higher beef prices,...
  • China Fortune taps Legend Capital as key investor, HKEJ says

    Oct 2, 2013 9:04am
    Diamond seller China Fortune Investments (Holding) Ltd. (08116.HK) said it has signed a memorandum of understanding with Legend Capital Management Ltd., a venture capital fund established by Legend Holdings Ltd., the parent of Lenovo Group Ltd....
  • Ctrip may gain from stronger Qunar platform, SCMP says

    Oct 2, 2013 8:45am
    Ctrip.com International, China’s largest online travel agency, may be an unintended beneficiary of the proposed US$125 million initial public offering by Qunar.com, the travel search engine controlled by Baidu, the South China Morning Post reported on...
  • Mainland tour groups down 30% on Oct 1, paper says

    Oct 2, 2013 8:43am
    Only 250 mainland tourist groups visited Hong Kong on Tuesday, the first day of the week-long National Day holiday in the mainland, marking a 30 percent drop from last year’s 360 groups, the Southern Metropolis Daily...
  • Taiwan expects 40% fewer cross-strait group tourists, paper says

    Oct 2, 2013 8:36am
    The number of mainland tourists visiting Taiwan in groups during the National Day holiday is expected to be about 20,100, or around 40 percent fewer than the 33,927 recorded a year earlier, the Commercial Times reported...
  • Fewer through gate at Shenzhen theme parks, paper says

    Oct 2, 2013 8:32am
    Several major Shenzhen tourist attractions reported surprise falls in the number of visitors on Tuesday, the first day of the week-long National Day holiday, the Southern Metropolis Daily reported Wednesday. The Happy Valley and Window of the...
  • Over 300,000 cross Macau border checkpoints Oct 1, paper says

    Oct 2, 2013 7:59am
    The first day of the October 1 National Day “Golden Week” holiday has seen over 300,000 people cross the three Macau border checkpoints with mainland China, with around 55 percent of them being tourists from the...

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