China Resources Enterprise

CRE chief identifies goals for long term

PUBLISHED : Saturday, 07 June, 1997, 12:00am
UPDATED : Saturday, 07 June, 1997, 12:00am

Red chip China Resources Enterprise (CRE) says asset injections will form part of the company's longer-term view, although no particular project is being considered, managing director Frank Ning Gaoning says.

Mr Ning declined to comment on whether CRE or its parent China Resources (Holdings) Co (CRC) would buy an interest in HKCB Bank Holdings.

'Shares in HKCB Bank and its two subsidiaries are suspended. The issue is too sensitive for [CRE] to make any comment at this stage.

'I think HKCB Bank will make an announcement next week.'