The Rise of China's Supercities: New Era of Urbanization
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FOR IMMEDIATE RELEASE: KPF Celebrates Opening of Spring City 66 the Design Reconnects Kunming's Pedestrian Pathways As It Nods
FOR IMMEDIATE RELEASE: KPF Celebrates Opening of Spring City 66 The design reconnects Kunming’s pedestrian pathways as it nods to the unique landscape of Yunnan Province. New York, New York – February 21, 2020 – Kohn Pedersen Fox Associates (KPF) recently celebrated the opening of Spring City 66, a mixed-use development in Kunming, China. One of the largest commercial complexes in the city, the 430,000 m2 Spring City 66 is comprised of a retail podium and office tower that are carefully integrating into the surrounding context. Located adjacent to two major pedestrian-friendly boulevards and metro lines, Spring City 66’s accessibility and public amenities weave this high-density, mixed-use destination directly into the urban fabric of Kunming. Design Inspiration The design for Spring City 66 is responds to Yunnan Province’s unique landscape and its location along historic trade routes. A landscaped promenade, reminiscent of the region’s verdant valleys, is central to the project, while the surrounding undulating retail podium and a crag-like tower nod to the nearby Shilin Stone Forest’s notable limestone formations. The project’s varied program weaves along multiple levels of terraces lined with shops and restaurants, creating a vibrant destination for the city. “The KPF design for Spring City 66 illustrates our belief that the most compelling architecture strongly expresses the spirit of its place. Kunming is a city of outdoor life, of vibrant color, and exciting topography. This building reflects that character in the shape of its roofs, and in its facade materials. We worked closely with Hang Lung, as we have previously in Shanghai, Tianjin, Shenyang, Hangzhou, and Hong Kong, to weave together varied activities of working, shopping, and dwelling into one urban hive of activity,” notes KPF President and Design Principal James von Klemperer. -
Comparison Between Steel Arch Bridges in China and Japan
Journal of JSCE, Vol. 1, 214-227, 2013 COMPARISON BETWEEN STEEL ARCH BRIDGES IN CHINA AND JAPAN Kangming CHEN1, Shozo NAKAMURA2, Baochun CHEN3, Qingxiong WU3 and Takafumi NISHIKAWA4 1Student Member of JSCE, PhD Candidate, Dept. of Civil and Environmental Eng., Nagasaki University (1-14, Bukyo-machi, Nagasaki 852-8521, Japan) 2Member of JSCE, Professor, Dept. of Civil and Environmental Eng., Nagasaki University (1-14, Bukyo-machi, Nagasaki 852-8521, Japan) E-mail: [email protected] 3Professor, College of Civil Eng., University of Fuzhou (2, Xueyuan Road, Minhou, Fuzhou 350108, China) 4Member of JSCE, Assistant Professor, Dept. of Civil and Environmental Eng., Nagasaki University (1-14, Bukyo-machi, Nagasaki 852-8521, Japan) A review of the current status and progress of steel arch bridges in China and Japan, as well as an outline of the design vehicle load and design method against global buckling for such bridges, is presented in this paper. The existing steel arch bridges in China and Japan were analyzed in terms of year of completion, main span length, structure type, main arch rib form and construction method. It is shown that the steel arch bridge in China has developed rapidly since 2000, characterized by a long main span, while in Japan it has stepped into a fast-growing period since 1955, with medium and small bridges holding a great majority. As for the main span length, most of the bridges have a span from 100m to 250m in China, while majority of bridges are shorter than 150m in Japan. Over 80% of the bridges in China are through and half-through bridge types, and the arch ribs are hingeless structures. -
China 2025 16
China | Equity Strategy China 14 December 2014 EQUITY RESEARCH China The Year of the Ram: Stars Aligned for a Historic Bull Run Key Takeaway The Ram, the Bull and the Heavenly Twins – the stars are now aligned for China’s historic bull-run. China's stock market offers massive untapped potential given the high savings rate and low penetration. “Keeping Growth Steady” is a top priority for 2015; we expect SHCOMP and HSCEI to test 4,050 and 15,420, up 38% and 37% from current levels. As confidence gains momentum, volatility becomes the investors’ best friend. CHINA China Gallops into a Historic Bull Run. On Nov 20, 2013, we wrote “The Year of the Horse will see China unleash its full potential, as President Xi ushers in a new era of profound change.” “We expect capital markets to gradually gain confidence in China’s ability to drive fundamental reforms and expect Chinese stocks to enter a historic multi-year bull run.” Indeed, 2014 has been a remarkable year. As of Dec.12, SHCOMP surged 39% to 2938, breaking a seven-year bearish trend to become the best performing index in the world. China Stock Market: Massive Untapped Potential. According to China Household Finance Survey, property accounted for 66.4% of total Chinese household assets in 2013. Financial assets accounted for a mere 10.1% of household wealth. While over 61% of Chinese families have bank deposits, only 6.5% of them invested in the stock market. Given China’s high savings rate and low stock market penetration, we believe the A-share market offers significant upside potential. -
Kunming Office Marketbeat 2019 Q4 EN
M A R K E T B E AT KUNMING Office 2020 12-Mo. Rental Level Correction Helps Reduce Overall Vacancy Forecast No new supply was added in 2020 and Kunming’s overall Grade A office stock remained at 864,886 million sq m. Under the dual pressures of the impact of the pandemic and a high vacancy rate, overall average monthly rents fell 6.6% y-o-y to record RMB96.03 per sq m at the end of the year, ¥ 96.03 as tenants took vacant space at the competitive rents on offer. In turn, the vacancy rate dropped 4.44 percentage points y-o-y to 34.72%. Rent (PSM/MO) Property Services and Tenant Quality Enhancements Help Drive Market -6.6% Some landlords invested resources in improving the quality of their property management services and tenant bases in lieu of directly upgrading Rental Growth (YOY) the building hardware, with such properties typically more than five years old. This trend should also promote the general upgrading of Grade A office stock in the city. 34.72% Vacancy Rate Looking ahead, the number of new supply projects due in the near-term is relatively limited, and this will be conducive to lowering the vacancy rate. On the demand side, with no new projects completed this year the overall rental level has basically been adjusted by landlord and tenant market Source: Cushman & Wakefield Research forces, and it is expected to remain stable in the future. The Henglong Plaza project completed in 2019, providing new choices for tenants while also improving the overall quality of Grade A office stock in KUNMING ECONOMIC INDICATORS Kunming. -
ANNUAL REPORT 2016/17 10-Year Financial Summary
HOPEWELL HIGHWAY INFRASTRUCTURE LIMITED HOPEWELL HIGHWAY Stock Codes: 737 (HKD counter) & 80737 (RMB counter) ANNUAL 2016/17 REPORT Room 63-02, 63rd Floor Hopewell Centre 183 Queen’s Road East A Wan Chai, Hong Kong N N Tel: (852) 2528 4975 U A Fax: (852) 2861 0177 L REPORT www.hopewellhighway.com 2 0 1 6 / 1 7 Hopewell Highway Infrastructure Limited (“HHI”) (stock codes: 737 (HKD counter) and 80737 (RMB counter)), listed on the Stock Exchange since August 2003, builds and operates strategic expressway infrastructure in Guangdong Province. With the strong support and well established experience of its listed parent, Hopewell Holdings Limited (stock code: 54), HHI focuses on the initiation, promotion, development, investment and operation of toll expressways and bridges, particularly in the thriving Pearl River Delta region. Contents 2 Financial Highlights (Presented under Proportionate Consolidation Method) 3 10-Year Financial Summary 6 Chairman’s Statement 11 Profile of Directors 19 Management Discussion and Analysis 19 Business Review 34 Financial Review 45 Others 46 Sustainability Report 72 Corporate Governance Report 91 Report of the Directors 101 Independent Auditor’s Report 107 Consolidated Statement of Profit or Loss and Other Comprehensive Income 108 Consolidated Statement of Financial Position 109 Consolidated Statement of Changes in Equity 111 Consolidated Statement of Cash Flows 113 Notes to the Consolidated Financial Statements 159 Appendix – Consolidated Financial Information (Prepared under Proportionate Consolidation Method) -
Interim Report
HOPEWELL HIGHWAY INFRASTRUCTURE LIMITED INFRASTRUCTURE HOPEWELL HIGHWAY 2014/15 Interim Report Interim Report 2014/15 Report Interim Hopewell Highway Infrastructure Limited (“HHI”) (stock codes: 737 (HKD counter) and 80737 (RMB counter)), listed on the Stock Exchange since August 2003, builds and operates strategic expressway infrastructure in Guangdong Province. With the strong support and well established experience of its listed parent, Hopewell Holdings Limited (stock code: 54), HHI focuses on the initiation, promotion, development, investment and operation of toll expressways and bridges, particularly in the thriving Pearl River Delta region. Contents Group Results 2 Dividend 7 Business Review 8 Financial Review 29 Corporate Sustainability 38 Other Information 40 Report on Review of Condensed Consolidated Financial Statements 48 Condensed Consolidated Statement of Profit or Loss 49 and Other Comprehensive Income Condensed Consolidated Statement of Financial Position 50 Condensed Consolidated Statement of Changes in Equity 51 Condensed Consolidated Statement of Cash Flows 53 Notes to the Condensed Consolidated Financial Statements 54 Appendix — Condensed Consolidated Financial Information 64 (Prepared Under Proportionate Consolidation Method) 10-Year Financial Summary 67 Corporate Information and Key Dates 70 Glossary 71 Group Results The Board is pleased to announce that the Group’s unaudited interim results for the six months ended 31 December 2014 presented in RMB were as follows: Six months ended 31 December 2013 2014 Net toll -
Global Sustainability Report
Global Sustainability Report Innovating to meet net zero 2020 BURO HAPPOLD Contents 1. Foreword/Executive summary 4 13. Economic performance 42 1.1 Foreword 4 14. Fair practice and procurement 44 1.2 Executive summary 8 15. Region 46 2. Covid-19 green recovery 10 Asia 46 3. Climate change 12 Europe 48 3.1 Tackling embodied carbon 14 India 49 3.2 Flood risk management 15 Middle East 50 4. Energy and carbon 16 United Kingdom 51 United States 52 5. Materials and waste 22 16. Description and disclosures 54 6. Clean water and sanitation 26 17. Goals and standards alignment 56 7. Travel and transport 28 18. List of contributors 58 8. Biodiversity 30 9. Health and wellbeing 32 10. Inclusivity, equity and diversity 36 11. Community involvement 38 12. Training and education 40 Cover Epiphyllum oxypetalum Biodiversity (page 30) Protecting and enhancing our natural environment is fundamental to delivering sustainable solutions for a better and greener future. We continuously seek to preserve, create and enhance biodiversity and ecological functionality on our projects through an integrated, multidisciplinary approach that benefits both people and wildlife. Image: Unsplash / jose-ignacio-gonzalez-pansiera 2 3 GLOBAL SUSTAINABILITY REPORT BURO HAPPOLD Reduce our own operational carbon 1.1 Foreword emissions by 21% by 2025 and aim to be net zero carbon from April 2021 by offsetting Neil Squibbs CEO residual emissions. Towards an equitable and green recovery We will do more Both society and business must adapt to Over the following pages, our 2020 Global the undeniable reality of climate change. Sustainability Report outlines how we are What we do now and in the future must progressing with our sustainability journey urgently be addressed to mitigate the through the lenses of our projects and operations. -
'Competition Is Going to Be Very Keen'
MONEY LAUNDERING FOSUN CHAIRMAN CUSTOMS , CASES UP REAPPEARS MARINE The Financial Intelligence Guo Guangchang spoke at OFFICIALS Office found 910 cases of Fosun’s previously scheduled FACE GRAFT suspected money laundering annual meeting, according to ACCUSATIONS transactions Chinese newspapers P5 P6 P10 TUE.15 Dec 2015 T. 15º/ 19º C H. 65/ 85% Blackberry email service powered by CTM MOP 5.00 2459 N.º HKD 7.50 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS WILFRED WONG EXCLUSIVE CHINA The reprieved death sentence of former CONRAD FORBES railways minister Liu Zhijun was commuted yesterday to life in prison by the Beijing Higher ‘Competition People’s Court. The Second Intermediate People’s Court of Beijing sentenced Liu to death with a two-year reprieve is going in July 2013 for bribery and abuse of power. Liu has been incarcerated in Qincheng Prison since August 2013. The penitentiary last to be very month proposed that his sentence be commuted to life in prison for good behavior during the two- year period. keen’ CHINA-SWITZERLAND Paulo Coutinho national Film Festival of Hong The World Intellectual Kong, and Chairman of the Property Organization HE St Regis Hotel is Asian Film Awards Academy. says China cranked out opening without a casi- “So of all the components in P5 patent applications at no this week in Cotai and the industry, the gaming part a record pace last year. Sheldon Adelson will be is the only part in which I have Its total of just under Tcoming to town for the occasion. -
2020 Annual Report.Pdf
HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2020 年度報告2020 年度報告 Annual Report 2020 CONTENTS Section I DEFINITIONS AND MATERIAL RISK WARNINGS 3 Section II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 7 Section III SUMMARY OF THE COMPANY’S BUSINESS 25 Section IV REPORT OF THE BOARD OF DIRECTORS 33 Section V SIGNIFICANT EVENTS 85 Section VI CHANGES IN ORDINARY SHARES AND PARTICULARS ABOUT SHAREHOLDERS 123 Section VII PREFERENCE SHARES 136 Section VIII DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 137 Section IX CORPORATE GOVERNANCE 191 Section X CORPORATE BONDS 229 Section XI FINANCIAL REPORT 240 Section XII DOCUMENTS AVAILABLE FOR INSPECTION 241 Section XIII INFORMATION DISCLOSURES OF SECURITIES COMPANY 242 2 HAITONG SECURITIES CO., LTD. | Annual Report 2020 (H Share) IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of contents of this annual report (the “Report”) and that there is no false representation, misleading statement contained herein or material omission from this Report, for which they will assume joint and several liabilities. This Report was considered and approved at the 15th meeting of the seventh session of the Board. All the Directors of the Company attended the Board meeting. None of the Directors or Supervisors has made any objection to this Report. PricewaterhouseCoopers Zhong Tian LLP (Special General Partnership) and PricewaterhouseCoopers have audited the annual financial reports of the Company prepared in accordance with PRC GAAP and IFRS respectively, and issued a standard and unqualified audit report of the Company. All financial data in this Report are denominated in RMB unless otherwise indicated. -
Announcement of Annual Results for the Year Ended 31 December 2020
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 The board of directors (the “Board”) of Bank of Guizhou Co., Ltd. (the “Bank”) is pleased to announce the audited annual results (the “Annual Results”) of the Bank for the year ended 31 December 2020. This results announcement, containing the full text of the 2020 annual report of the Bank, complies with the relevant content requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to preliminary announcements of annual results. The Board and the audit committee of the Board have reviewed and confirmed the Annual Results. This results announcement is published on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Bank (www.bgzchina.com). The annual report for the year ended 31 December 2020 will be dispatched to the shareholders of the Bank and will be available on the above websites in due course. By order of the Board Bank of Guizhou Co., Ltd. XU An Executive Director Guiyang, the PRC, 30 March 2021 As of the date of this announcement, the Board of the Bank comprises Mr. XU An as executive Director; Ms. -
Capitamalls Asia Limited 凱德商用產業有限公司*
THIS DOCUMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. CAPITAMALLS ASIA LIMITED * 凱德商用產業有限公司 (Singapore Company Registration Number: 200413169H) (Incorporated in the Republic of Singapore with limited liability) (Hong Kong Stock Code: 6813) (Singapore Stock Code: JS8) LETTER TO SHAREHOLDERS FROM THE BOARD Directors: Registered Office: Mr Ng Kee Choe 39 Robinson Road Mr Lim Ming Yan #18-01 Robinson Point Mr Lim Tse Ghow Olivier Singapore 068911 Mr Sunil Tissa Amarasuriya Tan Sri Amirsham A Aziz Principal Place of Dr Loo Choon Yong Business in Hong Kong Mrs Arfat Pannir Selvam 8th Floor Mr Bob Tan Beng Hai Gloucester Tower, Professor Tan Kong Yam The Landmark Mr Lim Beng Chee 15 Queen’s Road Central, Hong Kong 23 May 2014 To: The Shareholders of CapitaMalls Asia Limited Dear Sir / Madam, REVISION OF VOLUNTARY CONDITIONAL CASH OFFER 1. BACKGROUND 1.1 Offer. On 14 April 2014 (the “Offer Announcement Date”), Credit Suisse (Singapore) Limited and Morgan Stanley Asia (Singapore) Pte. (the “Offeror Financial Advisors”), for and on behalf of Sound Investment Holdings Pte. Ltd. (the “Offeror”), a wholly-owned subsidiary of CapitaLand Limited (“CapitaLand”), announced that the Offeror intends to make a voluntary conditional cash offer for all the remaining Shares in the capital of the Company, a subsidiary of CapitaLand, at a price of S$2.221 in cash per Offer Share (the “Offer Price”), with a view to delist CMA. The details of the Offer are contained in the offer document dated 28 April 2014 (the “Offer Document”) in relation to the Offer. -
Pioneer in DNA Research & Cloning
Name in English: Ray J. Wu Name in Chinese: 吳瑞 Name in Pinyin: Wú Ruì Gender: Male Birth Year: August 14, 1928 – February 10, 2008 Birth Place: Beijing, China Philanthropy: Yes Pioneer in DNA Research & Cloning Profession (s): Scientist, Professor, Biochemist, Bioengineer Education: Bachelor of Science, Chemistry, University of Alabama, 1950; Ph.D, Biochemistry, University of Pennsylvania, 1955 Awards: 2003, Fellow of the American Academy for the Advancement of Science; 2003, Fellow of the Chinese Academy of Engineering; 2002, Frank Annunzio Award in Science and Technology, Christopher Columbus Fellowship Foundation Contribution (s): In 1970, Dr. Ray J. Wu developed the first method for sequencing DNA and some of the basic tools for DNA cloning at Cornell University where he had been a professor since 1966. His primer-extension strategy was later adopted by Dr. Frederick Sanger in developing a much faster method for sequencing DNA that won Sanger the Nobel Prize in Chemistry in 1980. The basic research first done by Dr. Wu has formed the basis for the entire world of modern biotechnology and DNA research and engineering. In 1976, Dr. Wu and other scientists spliced genetic material into bacteria, demonstrating that it is possible to introduce an artificial genetic message into living cells. At the time, he predicted that the procedure would one day make it possible to transplant a great range of genetic material. In the 1980s, he began to look at ways to make rice more resistant to insects, drought, salt water and temperature extremes through genetic engineering. His Cornell team successfully introduced transgenic rice with gene splicing applications that could also benefit crops such as corn, wheat, millet, soybeans, and sugar cane.