10:41 pm - Friday May 18, 2012

Archive: Page 3

Sinohydro lowers Shanghai IPO target to $2.3 billion

Sinohydro Corp, China’s largest builder of dams, has set the offering price range for a Shanghai initial public offering that could allow the company to raise up to Rmb14.4 billion ($2.3 billion). The maximum deal size has been reduced...

Shanghai and HK Apple Stores to boost iPhone 5 sales

There are more than a billion people in China – making it just about the largest local market for anyone to break into if they want to seriously be a global player. We do know that the previous version of the iPhone did come about in a rather...

Shanghai-Hangzhou trains slowing down

HIGH-SPEED trains running between Shanghai and Hangzhou, in neighboring Zhejiang Province, started running at slower speeds yesterday. The trains, previously topping out at 350 kilometers per hour are being held to 300km/h, railway authorities...

Shanghai Slumps Amid Real-Estate Slowdown

Business has gotten so bad for Shanghai real-estate agent Zhen Wen he’s been forced to turn the lights out in his windowless office to save on electricity. “We try to keep the lights and air conditioning switched off for as long...

Shanghai experience gives Stjepanovic focus for Olympics

Velimir Stjepanovic, Dubai’s Olympic swimming hopeful, returned today from the World Championships in Shanghai with a clear plan for next year’s London Games. The 17-year-old Serbian is now going to focus on the 200 metre butterfly...

Cameron leads the way in Shanghai

The national 4x100m freestyle relay team were hampered by a slow final leg as South Africa’s Fina World Championships campaign got under way in earnest in Shanghai, China on Sunday. The relay quartet finished sixth on the opening day of...

China coach plays down team’s chances at Shanghai

China head swimming coach Yao Zhengjie has downplayed his team’s chances of winning multiple golds for the home crowd at the world championships, saying his swimmers are concentrating on the 2012 London Olympic. “Of course we’re...

Hainan Airlines plans $1.2 bln Shanghai private placement

Hainan Airlines , partly owned by U.S. financier George Soros, aims to raise up to 8 billion yuan ($1.2 billion) via a private placement, the company said on Tuesday. Hainan Airlines will sell up to 1.247 billion shares at not lower than 6.42...

Trains fly on Beijing-Shanghai high-speed railway

Like a main artery, the Beijing-Shanghai High-Speed Railway connects the heart of China with its vital areas. The 1,318-kilometer link, starting from Beijing and ending at Shanghai, chains together the country’ s prosperous Pan-Bohai and...

India inches toward Shanghai

Indian Foreign Minister S M Krishna declared his country’s desire for “a larger and deeper role” in the Shanghai Cooperation Organization (SCO). That pronouncement at the forum’s recently concluded tenth summit makes...