News » Politics » China's IPO suspension creates capital influx in HK

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• China's IPO suspension creates capital influx in HK
• Out of the black: China's coal companies move into other sectors
• UHD TVs forecast to enter market before OLEDs
• Iron ore prices drop again in China
• SABMiller’s Organic Beer Demand Frozen by Chinese Winter
• Smaller Chinese cities boomtowns for mobile internet business
• Hong Kong company launches smartphone rental service
• 3M opens R&D center in Taiwan
• Apple's lack of larger iPhone to benefit HTC: Citigroup
• Shares of HTC higher on India, Russia sales reports
• Taiwan's jewelry consumption ranked in world's top five
• Taiwan's navy conducts anti-submarine drill
• SOEs dominate Beijing's commercial property market
• Sharp slashes workers at China smartphone division
• More Chinese women seek virgin surgery to boost marriage prospects
• Plan to Dredge Sand on Mekong
• Is China Losing Its Status as “World’s Factory”?
• Indirect routes, early bookings avoid expensive CNY travel
• Moutai out, Lafite in for Chinese elites: survey
• Taiwan may open flat panel sector to Chinese investment

China's IPO suspension creates capital influx in HK Posted: 23 Jan 2013 04:35 AM PST The decision to suspend the IPO approval procedure by China's securities regulator in the second half of 2012 has resulted in sizeable inflow of capital into Hong Kong, the Shanghai-based First Financ...

Out of the black: China's coal companies move into other sectors Posted: 23 Jan 2013 04:35 AM PST Coal companies in China are expanding outside their core business to weather the downturn in the sector and to meet the government's target of reducing pollution, Chinese-language magazine Talents rep...

UHD TVs forecast to enter market before OLEDs Posted: 23 Jan 2013 04:19 AM PST Although organic light-emitting diode (OLED) televisions were in the spotlight at the 2013 International Consumer Electronics Show (CES), ultra high-definition (UHD) TVs have a better chance of breaki...

Iron ore prices drop again in China Posted: 23 Jan 2013 04:19 AM PST China's iron ore index has dropped in the past week, according to the spot steel platform 96369.net, due to the lack of upward momentum for the steel market. The price drop is a reversal of the price ...

SABMiller’s Organic Beer Demand Frozen by Chinese Winter Posted: 22 Jan 2013 08:18 PM PST Underestimate the significance of weather on the consumer economy at your peril, writes Simon Zekaria.

Smaller Chinese cities boomtowns for mobile internet business Posted: 23 Jan 2013 03:55 AM PST Although China's first and second-tier cities are home to the country's highest average incomes, third and fourth-tier cities present much growth potential, making them attractive targets for investme...

Hong Kong company launches smartphone rental service Posted: 23 Jan 2013 03:51 AM PST Hong Kong-based Tink Labs, the world's first technology company to provide a comprehensive mobile travel platform to overseas visitors, has been seeking to expand its business by launching a smartphon...

3M opens R&D center in Taiwan Posted: 23 Jan 2013 03:51 AM PST Global innovative product maker 3M opened a research and development center in northern Taiwan on Tuesday, touting it as its first green R&D facility in the Asia-Pacific region. The four-story R&...

Apple's lack of larger iPhone to benefit HTC: Citigroup Posted: 23 Jan 2013 03:51 AM PST Apple is not expected to launch a larger version of its iPhone this year, leaving open a short window of opportunity for Taiwan's HTC to stabilize its high-end market share, according to US bank Citig...

Shares of HTC higher on India, Russia sales reports Posted: 23 Jan 2013 03:43 AM PST Shares of smartphone vendor HTC moved higher Tuesday morning after foreign wire services reported that the company will soon ship its Butterfly model to India and Russia, dealers said. The stock ou...

Taiwan's jewelry consumption ranked in world's top five Posted: 23 Jan 2013 03:43 AM PST Although Taiwan ranks about 50th in the world in terms of population, its sales of high-end jewelry products ranks within the world's top five. Even amid the global economic slowdown last year, Taiwan...

Taiwan's navy conducts anti-submarine drill Posted: 23 Jan 2013 03:43 AM PST The latest minehunters added to Taiwan's arsenal were shown in public for the first time as the country's navy held an anti-submarine drill Tuesday to highlight its combat readiness. The exercise, ...

SOEs dominate Beijing's commercial property market Posted: 23 Jan 2013 03:07 AM PST State-owned and public real estate firms dominated the 2012 list of Beijing's top 10 property developers in terms of the transaction values, while only two private enterprises entered the list, figure...

Sharp slashes workers at China smartphone division Posted: 23 Jan 2013 03:07 AM PST Sharp confirmed on Jan. 21 that around 70 of its staff in China will be laid off, reports the Chinese-language National Business Daily. The poor sales of Sharp's smartphones have reportedly forced...

More Chinese women seek virgin surgery to boost marriage prospects Posted: 23 Jan 2013 02:43 AM PST Several hospitals in Dongguan in southeastern Guangdong province said the number of women seeking hymen reconstruction surgery before the Chinese New Year holiday has tripled, as many of them try to b...

Plan to Dredge Sand on Mekong Posted: 22 Jan 2013 06:43 PM PST Cambodian Prime Minister Hun Sen ordered government planners Tuesday to draw up a master plan to dredge sand from the Mekong River, saying it was aimed at restoring shallow areas along the waterway. Sand that is dredged from Cambodia's portion of the river can also be exported to draw more revenue for the country, he said at an inauguration ceremony for a U.S. $28 million container terminal on the Mekong River in Kien Svay district in Kandal province, about 30 kilometers (nearly 19 miles) east of the capital Phnom Penh. The terminal was built with a soft loan from the government of China, which is Cambodia's top ally, investor and aid provider. Hun Sen told the Ministry of Public Works, the Ministry of Water Resources, and the National Mekong Committee to work together to draw up the master plan for dredging sand from the Mekong River, whose lower stretches are shared by Cambodia, Laos, Thailand and Vietnam. Under the blueprint, private companies will dredge sand from the river and sell it as export to foreign countries, he said. "We must use the river to save the river," Hun Sen said. "We must think about the river as a whole. If we don't resolve [the issues], we don't know what could happen in the future." Riverbeds He said the Ministry of Public Works has so far only worked on digging sand along riverbeds to improve navigation but now he wants it to carry out sand dredging activities to rectify areas which are shallow. He said that shallow parts of the river were causing "movements" that could result in riverbanks collapsing. It was not clear from Hun Sen's remarks how the government will implement the new sand dredging strategy or where along the Mekong River will sand be dredged.   Previous efforts to dredge sand from riverbeds in Cambodia have been criticized by environmentalists and villagers. Digging up sand from the riverbed may allow easier navigation for ships but environmentalists and villagers said it has caused riverbanks to collapse, harming the river's ecosystem. Extracting sand from riverbeds also affects marine life on the river's floor, as well as the spawning grounds that replenish it. Villagers have complained their houses have collapsed due to nearby sand mining projects, calling for dredging activities to be regulated by the government. In 2009, the government banned exports of sand dredged along the Tatai River in southwestern Cambodia's Koh Kong province and sold to Singapore for land reclamation. Continued dredging after the ban sparked protests later that year among locals concerned about damage to fish stocks and ecotourism projects. Cambodia's National Mekong Committee, one of the three agencies that will help draw up the dredging master plan, represents the country at the Mekong River Commission. The commission is an intergovernmental institution among lower Mekong countries Cambodia, Vietnam, Laos and Thailand aimed at overseeing the management and development of the river.   Reported and translated by Samean Yun for RFA's Khmer Service. Written in English by Rachel Vandenbrink.

Is China Losing Its Status as “World’s Factory”? Posted: 22 Jan 2013 05:40 PM PST Is China losing its status as the "world's factory?" For the first time in years, we're seeing a decline in foreign direct investment into China. With rising wages in China

Indirect routes, early bookings avoid expensive CNY travel Posted: 23 Jan 2013 12:51 AM PST Prices of airline tickets have gone off the charts in China as the country approaches the Lunar New Year. Some savvy travelers have opted for less direct routes to reduce their travel costs. Ticket...

Moutai out, Lafite in for Chinese elites: survey Posted: 23 Jan 2013 12:51 AM PST A report on the spending habits of China's millionaires published by the Shanghai-based Hurun Research Institute reveals Kweichow Moutai is no longer the favorite gift among super-wealthy men, and pre...

Taiwan may open flat panel sector to Chinese investment Posted: 23 Jan 2013 12:51 AM PST Taiwan's Cabinet is planning to lift more bans against Chinese investment in the country before the Lunar New Year holidays, our sister paper Commercial Times reported on Jan. 22. The Executive Yua...

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