February 19, 1991 |
Tony Ling figured he was into a sure thing. During his first four months playing the fledgling Shenzhen stock market, Ling had seen a 50,000 yuan ($9,600) investment in shares of the Shenzhen Development Bank double in value. "It's very good," he said cheerfully, adding that some of his initial funds came from relatives in the nearby British colony of Hong Kong. "Stock can earn you a lot of money--more than your salary, more even than Westerners make."
November 18, 1991 |
The South China dream machine runs in high gear in this bustling, money-chasing, noisy and often tawdry boom town that lures the ambitious with visions of once-forbidden riches. For the past decade they have come pouring in--everyone from simple farm youths to guileful offspring of high Beijing officials.
November 10, 1994 |
Homes for Chinese: Largo Vista Group, Ltd., a Newport Beach maker of manufactured homes, said it has signed a deal to export its houses to China. Models are scheduled to be shipped this week from the Port of Long Beach to Shenzhen, China, 30 miles from Hong Kong. The models will be erected in China for viewing by potential buyers. The population of Shenzhen, China's largest "Special Economic Zone," has grown from 40,000 to 4 million in the past 10 years--creating a severe housing shortage.
April 21, 2005 |
JDS Uniphase Corp., the maker of parts for fiber-optic networks, said it would cut 850 jobs as the company consolidated its U.S. manufacturing. Production handled in Ewing, N.J., and Melbourne, Fla., would be shifted to the company's plant in Shenzhen, China, and to two manufacturing partners, the San Jose company said. Manufacturing at its Santa Rosa, Calif., plant also will be reduced, the company said.
July 12, 2013 |
A group of Southern California high school coaches are headed to Shenzhen, China, next week to be part of a basketball clinic featuring 90 top high school aged players in Shenzhen. Offering their services will be Tom Mott from Santa Maria St. Joseph, Chris Nordstrom from Orange Lutheran, Garrett Wood and Andrian Hernandez from St. Joseph and Bryan Davis from Mission Prep. There also will be a stopover in Hong Kong. Somebody might get a suit made, but since no one wears suits anymore during games, who knows?
December 11, 2003 |
Container terminals in Shenzhen, China, which charge almost a third less for handling cargo than those in neighboring Hong Kong, processed 40% more containers in November as overseas companies bought more China-made products. Shenzhen, China's second-busiest port after Shanghai, handled 980,000 standard 20-foot containers last month, said Gan Huojin, an official at Shenzhen's municipal port bureau. Traffic for the first 11 months of the year also rose 40% to 9.68 million containers.