Thursday, September 23, 2010

Hopson Zhu Meng v. United States, according to the country involved?



Founder of Gome, China's richest man, Huang Guangyu of cases continues to upgrade.

Huang Guangyu throws his wife in the cuckoo, brother new chairman Huang Junqin Henderson, chairman of Chaozhou Association of Zhongguancun Science and Technology and Ministry of Public Security Assistant Zheng Shaodong Xu Zhongmin, who, after another turn this time another of his hometown - Hopson Development Board President Chu Mang Yee.

According to the Hong Kong media, "Apple Daily" reported on February 19, Chu Mang Yee Chuan Huang Guangyu case has been due to involvement in the mainland public security authorities leave the country, is in Dongguan with the relevant authorities for investigation. Alleged, the relevant department is investigating the former assistant minister, Economic Crime Investigation Service Zheng Shaodong, the master Chu Mang Yee involved clue. Previously, the Ministry has confirmed that the Central Commission for Discipline Inspection designations Zheng Shaodong has been.

Chu Mang Yee, Hopson Development, led the development of Guangzhou, Beijing, Tianjin and other large real estate projects, according to China's blue-chip real estate selection, Hopson integrated for many years ranked third, behind the Mediterranean and China Vanke. But in the eyes of the general public, the President is not a man of Chu Mang Yee.

Chu Mang Yee Fung Shun Guangdong native, aged 50, a high school education, labor contractor origin. Established in 1992, Hopson, and in 1998 the Hong Kong Stock Exchange Main Board. The people rarely appeared in public, even by the R & F, Hongyu, the city of Guangzhou Kai turns Zuozhuang monthly gathering of real estate veterans, he rarely involved. Even in the performance of Hopson release, shareholders and other occasions as Chairman of the Board, he appeared too small, the majority of representatives by the other executive directors. Chu Mang Yee, the only high-profile acts that may be charitable, in the "sub-list of 2008 Hurun Charity List", the then 49-year-old Chu Mang to 1.12 billion yuan of donation was ranked first. But now, a low-key people to act, but because of Wong Kwong Yu case was pushed to the cusp.

In addition to the relationship between the Association, the show had no information in accordance with Huang Guangyu Zhu Meng two origins. In retrospect, the two sides or intersection of an event is to participate in the auction last year, triple trading company shares Huang Guangyu, the Zengzaoyuguo light Huatian Cheng called Beijing's rival, the company is the owner of Rye Chu Chu Mang Yee's brother.

Light Hua Tiancheng is a by the Peking University Guanghua School of Management EMBA students co-sponsored the establishment of the company, main business include private equity, investment banking advisers, securities investment and financial management, high-tech SMEs, investment, management consulting and training. In the April 2, 2008 triple trading company stock auction, light Huatian Cheng Zhu, chairman of the company's dozens of Rye and the shareholders by a company called "OCA Communications" and "Shadow Company" successfully captured triple option.

Chu Rai at the "First Financial Daily" reporters that captured triple option because of the potential of promising consumer industries, and Hopson, and Chu Mang not. However, if do the same development, Zhu Rai will in fact become a triple Group Chairman Zhang Jisheng invited the "cavalry", and the National US outdone.

But only a dozen days, "OCA Communications" that is written that "due to unforeseen reasons, the company can not pay triple trading company stock auction models," it was to give up equity to recover the original deposit paid 8 million yuan. Still puzzling move, but no one was put together with Huang Guangyu.

Wait until the media broke the news of Chu Mang Yee checked, all kinds of speculation will soon follow. There is speculation, because folks relations, Zhu Meng Huang Guangyu from time to time in accordance with the exchange, and introduced with Huang Guangyu Zheng Shaodong awareness; Chu Mang close relationship with Zheng Shaodong, Zheng Shaodong trip to Hong Kong, many of his arrangements; Zhu Rai was triple trading company shares, because the relationship between brother and Huang Guangyu, or the United States with the intention of the country. However, these statements are only limited to speculation, has not been finally confirmed.

"Apple Daily" reported by Chu Meng regarding the negative impact immediately obvious, it makes Hopson The Chinese companies listed in Hong Kong shares plunge on Feb. 20, the day was once the biggest decline in 50%. 13:02, the company had issued an emergency notice, for clarification.

This notice is only referred to as "the contents of the report is unfounded," did not lead investors are most concerned about rumors that the current situation Chu Mang Yee explanations. However, this announcement shows is still signed, "Hopson Development Holdings Limited Chairman Chu Mang Yee." In addition, to clarify a few hours after the announcement, Hopson has released a signature by Chu Mang Yee on the company 859 million yuan, Chaoyang District, Beijing bid for a notice of land use rights.

February 23, Hopson shares fell 10% again. However, the Shanghai Securities reported that 24 Chu Mang Yee went to Beijing to "solve" the hearsay problem, opening price that day rebound.







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Tuesday, September 14, 2010

China Unicom next month to adjust the proportion of SP into


For a long time, SP has always insisted cooperation with China Unicom's revenue-sharing ratio of 2:8, but from April 1 onwards, the rules will be broken.

Yesterday, Beijing Unicom, a whole network of SP leader told reporters on February 28, China Unicom SP convened a meeting of all the whole network, and announced in April from the implementation of the new SP policy.

"Unicom this action too, will certainly be a lot of SP was forced to withdraw." Attended a meeting of the SP Unicom say, whether to improve the revenue-sharing, or to extend the settlement period, or the entire network or points required provincial access, no doubt improve the whole network of cooperation with China Unicom SP threshold.

It is reported that China Unicom's SP New Deal, including, for Unicom's value-added services for all, the whole network SP will be in 31 provinces and autonomous regions, provincial contract, sub-provincial floor, provincial opened; billing cycle from the current three month extension to 5 months; each SP to pay 5,000 yuan per month the customer service costs; Unicom and SP's share increased from 2:8 to 3:7 to improve.

These people said, precisely, should Unicom to the relationship with partners business model is divided into five categories: self-class (Unicom independently operated business and platform, there is no partner, nor into), which co-class (that is, CP, services including mobile TV, mobile music, voice value-added, etc.), service provider class (that is, the larger SP, activities include interactive horizon, Magic Collection, cell phone magazine, China Unicom in the letter, MMS, voice value-added, etc.), application provide classes (ie AP, including mobile phone navigation service, super ringtones, red strawberries, mobile banking, mobile wallet, accessories SMS, etc.) and integrated service class (that IS, business integration services including business class and group industrial applications), different Partners are divided into different proportion.

In fact, only rumored to 3:7 SP class of business, which before, most have adopted the principle of 2:8. The CP class is divided by 5:5 ratio, AP is 4:6.

Air Network (KONG.Nasdaq) CFO Hui Sun with the announcement of 2006 earnings at an analyst meeting, said China Unicom in April to be raised into the company's overall gross margin percentage could lead to reduction of 1%. Sun Hui in accordance with the estimates, the air network of wireless value-added services gross margin of about 50% ~ 52%, respectively.

According to China Mobile and China Unicom announced earnings estimates prior to 2006, China Mobile's wireless value-added service revenues of approximately 68 billion yuan, about 16 billion yuan of China Unicom, Telecom and China Netcom merger of wireless value-added services to the low revenue at Unicom. So, if Unicom 10% of the share, its wireless revenues will increase by 16 billion yuan.

Insiders said that as most of the SP were selected with the cooperation of several major operators in the same time, while revenues from China Mobile is far more than China Unicom, the main effect so affected by this policy is to cooperate as a business focus Unicom SP.

According to China Unicom announced in January 2007 SP revenues, income from Unicom large amount of SP, including Sina, TOM Online, Tencent, Sohu, Sina most revenue for the 7.5 million, TOM Online is 550 million, Tencent and Sohu were 3.1 million and 2.75 million.






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