Swedes shoot 63 to win World Cup Nov 30, 2008
(11-30) 01:11 PST SHENZHEN, China (AP). Robert Karlsson and Henrik Stenson gave Sweden its second World Cup title, shooting a 9-under 63 on Sunday in alternate-shot play to beat Spain's Miguel Angel Jimenez and Pablo Larrazabal by three strokes. (San Francisco Chronicle -- Sports)
Sorenstam eagle gains Lexus Cup tie Nov 30, 2008
WORLD CUP OF GOLF: Brendan Jones made a 4-foot birdie putt on the 18th hole Saturday, giving Australia a 9-under 63 and a share of the lead with Spain after the third round at Shenzhen, China. Both teams were 22-under 194. (News & Observer -- Sports)
Golf Roundup: Choi atop Skins Game (Today) Nov 30, 2008
World Cup of Golf: Brendan Jones made a 4-foot birdie putt on the 18th hole, giving Australia a 9-under 63 and a share of the lead with Spain after the third round in Shenzhen, China. Miguel Angel Jimenez and Pablo Larrazabal of Spain, who held a four-stroke lead after two rounds, settled for a 67. (Pittsburgh Post-Gazette, PA -- Sports)
Currys could return to favour Nov 30, 2008
5%; interest rates have been slashed by a full percentage point; and factories in Shenzhen, where the country's exporters are concentrated, are laying off workers by the thousands. Now 7. (guardian.co.uk)
Spain charge into lead at World Cup of Golf Nov 29, 2008
SHENZHEN, China (AP) -- Miguel Angel Jimenez and Pablo Larrazabal lifted Spain into a four-shot lead at the World Cup of Golf, shooting a surprising nine-under 63 on Friday in the difficult foursomes (alternate-shot) format. Jimenz (left) and Larrazabal conjured up a stunning nine under 63 at Mission Hills. (CNN -- International)
CCID Consulting Discusses China's Medical Equipment Market Nov 29, 2008
Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with over 300 professional consultants after many years of development. The company's business scope has covered over 200 large and medium-sized cities in China. (PR Newswire)
Alternate-shot 63 gives Spain lead in World Cup Nov 29, 2008
SHENZHEN, China -- and lifted Spain into a four-shot lead at the World Cup of Golf, shooting a surprising 9-under 63 on Friday in the difficult foursomes (alternate-shot) format. Spain has shot a 17-under 127 through 36 holes. (ESPN -- Golf)
* Business Briefs Nov 29, 2008
China Airlines () and its unit Mandarin Airlines (H) will offer four and two flights weekly to Shenzhen and Hangzhou, respectively, the companies said. Rival EVA Airways (a) and its subsidiary UNI Airways (a) will operate five and four flights per week to Shenzhen and Hangzhou, respectively, while TransAsia Airways (_) will fly to Dalian in northeast China. (Taipei Times, Taiwan -- World)
Sorenstam, Stanford fall at Lexus Cup Nov 29, 2008
WORLD CUP OF GOLF: While Spaniards Miguel Angel Jimenez and Pablo Larrazabal were dreaming about breaking 60, the other teams were just trying to survive Friday at Shenzhen, China. Jimenez and Larrazabal settled for a 9-under 63, a remarkable score in the difficult foursomes format of team golf. (News & Observer -- Sports)
Germany leads by 1 stroke at World Cup of Golf Nov 28, 2008
SHENZHEN, China -- and combined for a 10-under 62, giving Germany a one-stroke lead over Australia's and after the first round of the World Cup of Golf on Thursday. Three teams -- Spain, Canada and the United States -- were two shots behind. (ESPN -- Golf)
Report: China tycoon allegedly manipulated shares Nov 28, 2008
The China Securities Regulatory Commission is investigating suspected irregular stock trades in shares of Shanghai-listed Sanlian Commercial Co. and Shenzhen-listed Beijing Centergate Technologies Co., two companies with ties to Wong's flagship company, Gome Electrical Appliances Holdings, the official Xinhua News Agency reported ... Sanlian Commercial's shares are traded in Shanghai, while Beijing Centergate's shares are traded in the smaller market in Shenzhen. (Atlanta Journal-Constitution -- Business)
German team takes lead in World Cup of Golf Nov 28, 2008
SHENZHEN, China (AP) - Martin Kaymer and Alex Cejka combined for a 10-under 62, giving Germany a one-stroke lead over Australia's Richard Green and Brendan Jones after the first round of the World Cup of Golf on Thursday ... SHENZHEN, China (AP) - Scores after Thursday's opening round of the $5. (International Herald Tribune -- Sports)
Fidel's choice Nov 28, 2008
Castro seemed uninterested by his visits to the showcase cities of Shenzhen, Guangzhou and Shanghai. There are stories that on a trip to Cuba in 1993, Communist party chief Jiang Zemin stayed up late into the night at his hotel preparing more convincing accounts of the "socialist nature" of China's reforms for the skeptical Cuban president. (International Herald Tribune -- Ed/Op)
Chinese shares drop 2.44%, led by heavy weights Nov 28, 2008
The Shenzhen Component Index dropped 0 ... Losers outnumbered gainers by 594 to 244 in Shanghai and by 503to 223 in Shenzhen ... The Shenzhen Component Index rose 4. (Xinhuanet, China)
Asians endure a slow start in Mission Hills Nov 28, 2008
Brandt Snedeker of the United States competes on the first day of the Omega World Cup in Shenzhen yesterday. The 5. (Xinhuanet, China)
TV SportsWatch Nov 28, 2008
TGC Mission Hills World Cup, third round, at Shenzhen, China. MEN'S COLLEGE BASKETBALL. (International Herald Tribune -- Arts)
China slashes interest rates as panic spreads... Nov 27, 2008
"All my colleagues were shocked by such a big easing. It signals the government may believe the economic situation is really serious for it to call for such a drastic move," said Liu Dongliang, a currency analyst at China Merchants Bank in Shenzhen. The reserve requirements of Chinese banks were also cut by 1pc point, and 2pc points for smaller banks, freeing up around 360 billion rmb (34bn) for lending. (The Drudge Report)
Former China player sentenced to death for murder Nov 27, 2008
Two Xiamen players were stabbed by a taxi driver, a former national striker was attacked in Shenzhen and a Dalian midfielder was stabbed and wounded on his way to visit his father. Today in Sports. (International Herald Tribune)
China cuts rates by 1.08 percentage points Nov 27, 2008
It signals the government may believe the economic situation is really serious for it to call for such a drastic move, said Liu Dongliang, a currency analyst at China Merchants Bank in Shenzhen. No doubt it will be negative for the yuan's exchange rate in the medium and long run, though the central bank may work to keep the currency stable in coming days. (Globe and Mail -- Business)
Asian stocks advance on China rate cut Nov 27, 2008
Welcome to The Sydney Morning Herald. Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Business)
Chinese shares up 1.05% after large rate cut Nov 27, 2008
The Shenzhen Component Index rose 2 ... Gainers outnumbered losers by 650 to 169 in Shanghai and by 577 to 110 in Shenzhen ... 05 percent at opening, with Shenzhen shares up 5. (Xinhuanet, China)
Acorn to Acquire Yiyang Yukang, a Domestic Communication Equipment Producer and Distributor in China Nov 27, 2008
Headquartered in Shenzhen, China, Yiyang Yukang produces, processes and markets communication equipment, targeting mid-to-high end business users in China. With a network of 40 nationwide distributors covering nearly 20,000 retail outlets, Yiyang Yukang offers an extensive distribution network for mobile handset products in China. (Yahoo! Wire -- Entertainment News)
How One Small Firm Is Coping With the Economic Crisis Nov 26, 2008
With that alliance, both firms share clients, and Richardson & Patel now has affiliated offices in Hong Kong, Beijing and Shenzhen, China. Today, Chinese businesses make up 20 percent of the firm's client base. (Law.com)
Regions won't danceto Beijing's tune Nov 26, 2008
For example, giant toy maker Smart Union Group closed its two factories in Dongguan - a delta city - and home appliance maker Bailingda Industrial closed its production line in Shenzhen, leaving thousands of migrant workers jobless. Even the Hong Kong government became concerned and appealed to the central government for intervention to help Hong Kong-invested businesses in the Pearl River Delta in particular ride out the financial crisis, to help the semi-autonomous region stabilize its... (Asia Times Online)
China to Benefit From BHPs Dropped Bid for Rio Tinto (Update2) Nov 26, 2008
com: Australia & New Zealand. Updated: New York, Nov 26 03:44 London, Nov 26 08:44 Tokyo, Nov 26 17:44. (Bloomberg)
China shares edge up 0.36% in morning session Nov 26, 2008
Shenzhen Component Index rose 0. 62 percent to 6528. (Xinhuanet, China)
Weekend Time Schedule Nov 26, 2008
Men's International, Omega Mission Hills World Cup, Shenzhen, China. LPGA Tour, Lexus Cup, Singapore. (International Herald Tribune -- Arts)
* Montgomerie out to retain team title Nov 26, 2008
AGENCIES, SHENZHEN, CHINA Thursday, Nov 27, 2008, Page 20. Taiwans Lin Wen-tang, left, and Lu Wen-teh take part in an official practice session at Mission Hills in Shenzhen, China, on Tuesday ahead of the Omega Mission Hills World Cup, which begins today. (Taipei Times, Taiwan -- World Business)
Montgomerie out to keep World Cup for Scotland Nov 25, 2008
Colin Montgomerie is out to become the first player since Tiger Woods to retain the World Cup of Golf for his country when he takes up the Scottish cause at the $6 million (4 million pounds), 28-team event in Shenzhen this week. The 45-year-old, partnered by Marc Warren, beat the United States in a playoff last year to take the World Cup back to the home of golf for the first time. (International Herald Tribune -- Technology)
Cnooc, Partners May Spend $29 Billion to Develop South China Sea Oil, Gas Nov 24, 2008
The investments between next year and 2020 include an estimated 15 billion yuan by parent to build deepwater drilling equipment, Luo Donghong, chief development engineer at Cnooc's Shenzhen unit, told reporters and analysts on Nov. 22 ... The company will maintain its exploration budget for the South China Sea next year,'' Li Fanrong, general manager of the unit of the Beijing-based company, said in the southern city of Shenzhen. (Bloomberg -- Asia)
Gome Making Inquiries on Allegations Against Chairman (Update1) Nov 24, 2008
Gomes rival, rose to the highest in a week in Shenzhen trading after climbing as much as 9 percent today to 15. 99 yuan, compared with a 3. (Bloomberg)
Chinese billionaire home appliance king detained: state media Nov 24, 2008
Zhou Yiming, the 207th richest in 2005 and the chairman of Shenzhen Minglun Co. Ltd, which does electronics, trade and food processing businesses, was sentenced to life imprisonment in April 2007 for contract fraud. 2008. (Sydney Morning Herald -- World)
After the earthquake Nov 22, 2008
Cheng used to work in a clothing factory in the southern boom city of Shenzhen and was visiting her parents in Dujiangyan when the earthquake struck. She was in a room in the back of their house at the time; everyone but her managed to run from the house. (Sydney Morning Herald -- World)
Chinese company hopes mah-jongg lures IPO investors Nov 21, 2008
China now has only one company, Ningbo QL Electronics, waiting to list on the Shenzhen Stock Exchange, after completing an IPO in June. Although 35 others are approved for IPOs, they are uncertain of going ahead soon, with Chinese markets having fallen 60 percent to 70 percent this year. (International Herald Tribune -- Business)
Ericsson, ZTE Earnings to Defy Global Recession on Growth in China, India Nov 21, 2008
Shenzhen, south China-based ZTE expects to sustain stable growth in its overseas sales on demand from emerging-market demand, Xu Ming, vice-president of wireless business unit, said in an interview in Macau. Shares Fell. (Bloomberg -- Europe)
* Thousands battle police in northwestern Chinese city Nov 20, 2008
Last week, a confrontation involving thousands of people in the southern city of Shenzhen was ignited by the death of a motorcyclist who crashed after being hit by a walkie-talkie, which was thrown from a police checkpoint, witnesses said. In recent weeks, there have been a number of high-profile taxi strikes across China prompted by low fares, rising costs and what drivers said was the collusion of corrupt officials and greedy fleet owners. (Taipei Times, Taiwan)
Easou Raised US$12 Million in the 3rd Round of Financing Nov 20, 2008
Shenzhen, Nov 19, 2008 - (ACN Newswire) - YETI Group Ltd. (Easou), a leading mobile search company announced its successful completion of the 3rd round of financing for further Rketing, and geographic expansion ... Easou, based in Shenzhen, is an innovative mobile search service provider founded in 2005 ... It is headquartered in Shenzhen, with a Rer in Beijing, and has over 300 employees. (JCN Network, Japan)
Chinese shares down 1.2% in morning trade Nov 20, 2008
2 points, and the smaller Shenzhen index advanced 0 ... The Shenzhen-listed China Garments rose 4. (Xinhuanet, China)
Clashes at China 'land protest' Nov 20, 2008
Protests have also taken place against rising living costs and unemployment, and earlier this month hundreds of people rioted in the southern city of Shenzhen following the death of a motorcyclist close to a police checkpoint. Bookmark with. (BBC News -- Asia-Pacific)
Government decision stirs riots in northwest China Nov 19, 2008
Last week, a skirmish involving thousands of people flared up in the southern city of Shenzhen following the death of a motorcyclist who crashed after being hit by a walkie-talkie. Witnesses said the walkie-talkie was tossed by an official stationed at a police checkpoint. (Boston Globe)
TCS starts 4th centre in China Nov 19, 2008
TCS also announced that the company has established its first office in Shenzhen targeting the booming South China market to tap local, regional and global business opportunities. Girija Pande, Executive Vice President and Head, Asia Pacific Operations, TCS said, The Tianjin and Shenzhen facilities are strategic investments to strengthen our information technology infrastructure to leverage the local talent pool. (Times of India)
Mexican scholar: L America should learn from China Nov 19, 2008
Enrique Dussel Peters, coordinator of the China/Mexico Studies Center at the National Autonomous University of Mexico, recalled his March trip to southern China's booming coastal city of Shenzhen during a recent interview with Xinhua ... Dussel said Shenzhen, which was a desolate fishing town 30 years ago, is a prime example of fast-developing China over the past three decades. (Xinhuanet, China)
Study: Misconceptions "still cause AIDS stigma" in China Nov 19, 2008
The interviews were conducted in Beijing, Shanghai, Shenzhen, Wuhan, Zhengzhou and Kunming. Although 80 percent of the respondents know HIV can be transmitted through contaminated syringes or unprotected sex, 18 percent thought they could contract HIV by having an HIV-positive person sneeze or cough on them, which is not true. (Xinhuanet, China)
Chinese shares rebound 6% on Wall Street rally Nov 19, 2008
The Shenzhen Component Index gained 6. 14 percent to 6,679 points. (Xinhuanet, China)
PacificNet Announces Expansion of Gaming Technology Development Center in China with Recruitment of Engineers and Sales/Marketing Staff Specializing in Gaming Product/System Development and Distribution Nov 19, 2008
-- Job Location: based in Macau, Hong Kong and Shenzhen. Some travel required to Beijing & USA. Applicant may work from home over the internet if relocation not possible. (Yahoo! Wire -- Entertainment News)
China's reform and opening-up benefits Nepal Nov 18, 2008
Dipak, who is also President of Nepal-China Investment Promotion Center, recall his first visit to Shenzhen in southern China ... Shenzhen was the first special economic zone and the construction of developments works were keenly happening at that time. (Xinhuanet, China)
Premier Wen calls for support of SMEs Nov 16, 2008
Chinese Premier Wen Jiabao (C) inspects a medium-sized enterprise in Shenzhen of south China's Guangdong Province, Nov. 14, 2008 ... Wen visited SMEs in Shenzhen, Dongguan and Foshan cities, where he demanded local governments to readjust and improve policies to support the healthy and rapid growth of SMEs ... Wen said SMEs in Shenzhen performed better than those in other parts of the delta because they upgraded and innovated. (Xinhuanet, China)
Chinese shares close up 3.05 pc Nov 15, 2008
6 billion yuan, while the Shenzhen A-share index gained 24 ... 45, while the Shenzhen B-share Index gained 4. (India Times)
China shares extend gains on stimulus plan Nov 15, 2008
The Shenzhen Composite Index for China's smaller second market rose 4. 4 percent to 545. (India Times)
Brown Clouds Harm Glaciers, Agriculture Nov 15, 2008
Bangkok, Beijing, Cairo, Dhaka, Karachi, Kolkata, Lagos, Mumbai, New Delhi, Seoul, Shanghai, Shenzhen and Tehran where soot levels are 10 per cent of the total mass of all human-made particles ... The cities of Bangkok, Beijing, Cairo, Dhaka, Karachi, Kolkata, Lagos, Mumbai, New Delhi, Seoul, Shanghai, Shenzhen and Tehran were found to have very high soot levels. (Science Daily)
The World Looks to Obama Part II Nov 15, 2008
Eddie Leung, president of the Association of Foreign Invested Enterprises in Dongguan, has said 20 percent of the 45,000 factories in Guangzhou, Dongguan and Shenzhen could close within the next couple of months, taking some 2. 7 million jobs with them. (YaleGlobal Online Magazine, CT)
Rakon Shares Plunge as Profit Slumps 66% on Decline in GPS Component Sales Nov 14, 2008
While the business is profitable and growing strongly, construction of a new plant in Shenzhen will be deferred until at least April given the deteriorating economic outlook, the company said. Construction had previously been expected to start this year. (Bloomberg -- Australia & New Zealand)
Global Sources reports third quarter results Nov 13, 2008
3 million and 6,400 square meters of Grade-A office space in the Shenzhen International Chamber of Commerce Tower for $35 ... 4 million and its 2007 purchase of 1,940 square meters in the Shenzhen Excellence Times Square building for $7. (PR Newswire)
Chinese shares up 1.68 pc at midday Nov 13, 2008
75, while the Shenzhen A-share index rose 13. 84 points, or 2. (India Times)
Rockwell to buy Chinese firm Nov 13, 2008
Rockwell Automation China operates five training facilities, a software development center in Dalian, OEM application and development centers in Shenzhen and Shanghai, and a research and development center and manufacturing facilities in Shanghai. Reader Comments. (Milwaukee Business Journal, WI)
Who Was Following Whom? Nov 12, 2008
I flew an hour away to the city of Guangzhou, then hopped on a bus to the city of Shenzhen ... A day later, our entire team gathered in Shenzhen. (CBS News)
* China inflation reaches a 17-month low of 4 percent Nov 12, 2008
The number is from the cities of Shenzhen and Dongguan only and the overall figure for all of Guangdong Province could be much larger, the China Daily said. About 30 percent of overseas-invested firms in the delta region are losing money, the report said, citing Wu Jun, a senior official with the provinces foreign trade department. (Taipei Times, Taiwan -- World)
Human Toll of China's Economic Downturn Nov 12, 2008
Qin Wei is an 18-year-old migrant worker who was laid off from BEP in Shenzhen, a factory that produced home appliances for the American brand Cuisinart. It was his first job, one that he traveled more than 500 miles from his hometown to find. (ABC News)
China Stocks May Need More Than Stimulus to Lure Investors After 66% Drop Nov 11, 2008
The CSI 300, a benchmark for the so-called A-shares traded in Shanghai and Shenzhen, dropped 1. 1 percent today to close at 1,781. (Bloomberg -- Asia)
Crisis hits over 1,300 south China cos Nov 11, 2008
The number is from the cities of Shenzhen and Dongguan only and the overall figure for all of Guangdong province, just north of Hong Kong, could be much larger, the China Daily said. About 30 percent of overseas-invested firms in the delta region are losing money, the report said, citing Wu Jun, a senior official with the province's foreign trade department. (India Times)
Cautious Mood Sparks Asian Selloff Nov 11, 2008
In Shenzhen, shares of Angang Steel Co. (ANGGY) climbed 3. 6. (SmartMoney)
Hairy Crabs, Grubs Lose Appeal for Shanghai Diners as Credit Crisis Bites Nov 11, 2008
8 trillion in market value from the Shanghai and Shenzhen bourses. Sales of hairy crabs are down by as much as 40 percent midway through the October-November peak season compared with previous years, said Li Bing, who runs a 12-hectare crab farm at Yangcheng Lake, a 90-minute drive from Shanghai. (Bloomberg)
ReneSola Ranked Fourth in Deloitte Technology Fast 50 China 2008 Nov 10, 2008
The awards ceremony for the Deloitte Technology Fast 50 China was held in Shenzhen on October 31, 2008. The Deloitte Technology Fast 500 Asia Pacific awards ceremony will be held on December 11, 2008 in Hong Kong. (PR Newswire)
Senior IT Appointment at WealthCraft Nov 10, 2008
Prior to joining Chery in 2006, he was technical manager at WiseTone in Shenzhen, developing a new service model for the company to become an integrated telecom service provider to China Telecom, setting up the service architecture and customer care center ... His first position in Mainland Chinawas as a telecommunication engineer at Shenzhen Telecom Engineering Company, which he joined in 1998, implementing PSTN and GSM engineering for China Telecom and China Mobile. (PR Newswire)
China Benchmark Share Index up 5.7 Percent Nov 10, 2008
"You can imagine how excited investors are after seeing their long-term expectations become reality," said Gao Lingzhi, a strategist at Great Wall Securities in Shenzhen. The 4 trillion yuan ($586 billion) plan announced late Sunday includes increased spending on social welfare, affordable housing and rural infrastructure, two areas already deemed a top priority by the communist leadership. (ABC News -- Wire)