Konka in Egypt:Shenzhen’s Konka Group and Egypt’s Hoho Electrical and Furniture have jointly opened a US$30 million factory in Central Egypt’s Beni Suef province, intending to sell more than 600,000 TVs in Africa and the Middle East within three years. Read more.
Hotel Opening:Park Hyatt Shenzhen officially opened last week. The 195-room hotel, atop a 48-storey building in the Futian district, has a collection of top-notch bars and restaurants and great views of the city skyline. Read more.
Musicals in Shenzhen:Four world-famous, award-winning musicals –Cats, Le Rouge et Le Noir: L’Opera Rock, Evita and Chicago – will be staged at Shenzhen’s Nanshan Cultural and Sports Center from September to early next year. Read more
University Funding:The Hong Kong University of Science and Technology has successfully received the first cross-border research fund of RMB38 million from the Guangzhou Municipal Finance Bureau. Read more.