Political heft opens door; Citic Pacific stakes out China's telecom sector
Article Abstract:
Hong Kong's investments giant Citic Pacific Ltd., through its China's joint venture companies Citic Beijing and Beijing Guoan has acquired stakes in China's telecommunications services industry. Citic Pacific Ltd., buys a fixed fiber optic network and stakes in mobile communications and cable television network services.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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ICBC prepares to compete; plan to buy Union Bank paves the way. (Industrial and Commercial Bank of China is acquiring the Union Bank of Hong Kong)
Article Abstract:
China's largest commercial bank Industrial and Commercial Bank of China has announced plans to acquire Union Bank of Hong Kong Ltd., from China Merchants Finance Holdings.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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DoCoMo, KPN buy stakes in Hutchison 3G
Article Abstract:
NTT DoCoMo Inc. and KPN Mobile NV will acquire minority shares in Hutchison 3G UK Holdings Ltd. NTT will acquire 20% of the firm for 1.2 billion pounds, while KPN will acquire 15% for 900 million pounds.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
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- Abstracts: Chase deal is finance model; Mando buyout marks shift to capital channels. (Chase Manhattan Bank and UBS Capital acquire Mando Machinery Corp.)
- Abstracts: Japan is considering software tie-ups as growth strategy. (Japanese companies explore joint ventures with China's software developers)