Word: whampoa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...there's at least one person who believes Global Crossing will rise again: Hong Kong Uber-dealmaker Li Ka-shing. Through a partnership between Hutchison Whampoa, Li's Hong Kong ports/telecoms/electric power conglomerate, and Singapore Technologies Telemedia (STT), owner of Singapore's third-largest phone company, Li has engineered a rescue package. The two companies have bid $750 million to help recapitalize and restructure Global Crossing. If the plan is approved by the courts (it's likely to be controversial because the proposal calls for holdings of mom-and-pop shareholders to be wiped out), Hutchison and STT will wind...
...Hong Kong--and that's not much of an exaggeration. The ubiquitous entrepreneur started in the plastic-toy business in 1950 and propelled himself into real estate, shipping and telecommunications. His secret? Keep dealing. Even before China took over Hong Kong, Li, 73, was investing on the mainland. HUTCHISON WHAMPOA has pushed into the Internet, low-income housing and commercial projects across China. Not surprisingly, Li has the ear of President Jiang Zemin...
...Richard is deputy chairman of Li Ka-shing's Hutchison Whampoa conglomerate, owns 5% of Tom.com and has a long history of cross dealings with his old man. Is he a son with burning ambitions of his own? Or one standing on his father's shoulders? Perhaps a little of both...
...concession to domestic political concerns. The canal once symbolized America's ability to project its power abroad, and conservative Republicans have questioned the wisdom of giving it up. Some Republican legislators - and Pat Buchanan - have even used the fact that Hong Kong-based port company Hutchison Whampoa will manage the facility for Panama to suggest that the strategic waterway may fall under Chinese control in the event of a crisis. Even though that scenario is dismissed as far-fetched by Panamanians and most U.S. analysts, the White House is clearly taking no chances with Al Gore's election year looming...
...canal to Panama by the end of this year. But that has some U.S. hawks worried. Both Buchanan and Senate Majority Leader Trent Lott have cited a Chinese threat in the isthmus, based on the fact that the company contracted to operate the canal is Hong Kong-based Hutchison Whampoa Ltd., which they assert has links to the Chinese military. But Lott's warning in August that "U.S. naval ships will be at the mercy of Chinese-controlled pilots and could even be denied passage by Hutchison" and Buchanan's charge last week that the transfer compromises national security...