Word: hongqiao
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SIHL operations are concentrated in three major areas: infrastructure, automobile parts and cigarettes. About half of 1997 earnings are expected to come from such things as the toll highway leading from Hongqiao international airport to Shanghai's inner ring road, and the North-to-South Elevated Expressway cutting through downtown. About 20% to 30% will derive from a joint venture that makes chassis, front suspensions, rear axles, steering and shock absorbers for the Shanghai Volkswagen Automotive Co. The third revenue stream is produced by Nanyang Bros. Tobacco Co., a Hong Kong manufacturer of the popular Double Happiness cigarettes, which last...
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