In brief

PUBLISHED : Tuesday, 29 August, 2006, 12:00am
UPDATED : Tuesday, 29 August, 2006, 12:00am

Glitches mark CME's first Yuan Contracts

Chicago Mercantile Exchange, the largest futures exchange in the US, yesterday launched its first yuan futures and options contracts but technical glitches prevented any deals being done, sources said.

China gas in hohhot deal

Mainland piped-gas operator China Gas Holdings has signed a deal with Hohhot City Coal Gas to operate an 800 million yuan piped natural gas project in Hohhot, Inner Mongolia's capital city.

Toll firm eyes bond issue

Shenzhen Expressway plans to raise more than a billion yuan by issuing a corporate bond. The money will fund the 455 million yuan Nanguang Expressway.

Lingbao profit up 77.9pc

Lingbao Gold said first-half net profit rose 77.9 per cent to 134.13 million yuan from a year earlier. Turnover jumped 31.52 per cent to 951.83 million yuan.

Irico returns to black

Irico Group Electronics reported a net profit 34.7 million yuan for the first half compared with 30.8 million yuan net loss a year earlier.

Staff reporter