Hong Kong Plugs Its Private Equity Advantages

In a speech at the Asia Private Equity Forum 2012 in Hong Kong, the Financial Secretary, John C. Tsang, confirmed that private equity is an important component of Hong Kong's asset management business, as Asia has become a magnet for venture capital investment, largely on the back of developments in mainland China.

Hutch to buy Orange Austria for $1.7 bln including debt

By Denny Thomas HONG KONG (Reuters) - Hutchison 3G, a unit of Hong Kong conglomerate Hutchison Whampoa (0013.HK), has agreed to buy Orange Austria from France Telecom (FTE.PA) and a private equity firm ...

China National Invests $300 Million in Isofoton PV Venture

China National Offshore Oil Corp.’s battery unit invested $300 million in a venture with Spanish solar power company Isofoton SA to develop photovoltaic plants across Asia.

Hutch to buy Orange Austria as Asia firms shop in Europe

By Denny Thomas HONG KONG (Reuters) - Hong Kong's Hutchison 3G will buy Orange Austria from France Telecom (FTE.PA) and a private equity fund in a deal valued at 1.3 billion euros including debt, expanding ...

Thousands of workers protest at Sanyo's China plant

HONG KONG (Reuters) - Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub. About 4,000 workers protested over the weekend at the Sino-Japanese joint venture, the Chinese-language Oriental Daily reported. Sing Tao ...