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  • September 24, 2014
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  1. Central Huijin to move shares in Bocom to Ministry of Finance

    Posted Mar 27th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Central Huijin Investment, a subsidiary of China Investment Corp, will transfer its shares in Bank of Communications to the Ministry of Finance in an attempt to reallocate resources for overseas investment. Under the agreement, Huijin, which was integrated into a foreign exchange investment agency last year, will shift three billion H shares in the fifth-largest ...

  2. Central Park Towers launch lifts home sales

    Posted Aug 29th 2007, 12:00am by Yvonne Liu

    ... in Central Park Towers in Tin Shui Wai. Transactions in the primary market, which had languished since the beginning of the year as developers focused on selling remaining units in projects already launched, surged last week to more than 1,120 from 37 a week earlier, thanks to the launch of Central Park Towers. Property agents said about 98 per cent of the transactions came from the pre-sale ...

  3. Pou Sheng, Central China tumble on debuts

    Posted Jun 07th 2008, 12:00am by Staff Reporter

    ... Jonathan Yang Shares in Pou Sheng International (Holdings) and Central China Real Estate both dived on their first trading day on the main board yesterday as investors remained lukewarm ... at HK$2.61. That brought retail investors a paper loss, excluding expenses, of about HK$440 for each board lot of 1,000. Central China raised about HK$1.38 billion from its 500 million share public ...

  4. PetroChina chief tipped for role as Yunnan governor

    Posted Apr 10th 2011, 12:00am

    ... in China's oil and gas industry. He served as vice-governor of Qinghai province between 2000 and 2003 and is also an alternate member of the Communist Party's Central Committee, a position ... the secretary of the party's Central Political and Legislative Affairs Committee and one of nine top party leaders on the Politburo Standing Committee. Former Sinopec bosses Chen Jinhua and Sheng ...

  5. Central bank chief seeks break-up of Agricultural Bank

    Posted May 22nd 2006, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai Weakest of the Big Four wants equal treatment and a listing in Hong Kong The central bank chief has proposed dismantling the Agricultural Bank of China, ... turning it into a large number of local banks. To help these banks start with a clean slate, the provincial and central governments would take over its bad debts, estimated at between US$60 ...

  6. In Brief

    Posted Aug 20th 2005, 12:00am by Staff Reporter

    ... committee to promote hong kong as aviation hub An Aviation Development Advisory Committee has been formed to look at ways to promote Hong Kong as an aviation hub and to consider further the operation and development of the airport. It replaces the Aviation Advisory Board. While the board's chairman is Norman Lo Sung-man, the director-general of civil aviation, the committee ...

  7. 83 S.O.E. officials caught out by audits

    Posted Jun 02nd 2012, 12:00am

    ... an economic researcher at Shanghai Jiao Tong University. 'The central leadership has failed to live up to its promises of eradicating bureaucracies and abuses of power at these giant firms.' ... grip on the pricing of key industrial materials and services including steel, coal, oil and telecom fees. Furthermore, the powerful Organisation Department of the Communist Party's central ...

  8. Daqing Dairy independent review panel dissolves

    Posted Jun 21st 2012, 12:00am

    ... May Chan may.chan@scmp.com The independent review committee set up by listed mainland firm Daqing Dairy is in tatters as shareholders are at a loss how the company has been conducting its ... on the HKEx website that the independent review committee set up after Deloitte's resignation was 'dissolved' after two of the independent executive directors resigned over grievances ...

  9. Lai See

    Posted May 26th 2012, 12:00am

    ... for electric vehicles by the end of June. The event was held in the Star Ferry car park in Central, which meant that most of the car park was closed off to the public. Unfortunately nobody thought ... with Hong Kong's waste. The trip to Taiwan is being funded by the Environment and Conservation Fund (ECF), and Wong sits on the ECF's funding committee. Should the government be spending ...

  10. Customers pay heavy price for efforts to make domestic banks strong

    Posted Dec 10th 2011, 12:00am

    ... of the Communist Partys' central school, said government initiatives to make state banks stronger had led to a highly monopolised banking system, with disastrous effects for the economy: tilting ... cent of market share to foreign banks, dealing a deadly blow to ailing domestic ones, the central government accelerated banking reform following China's WTO accession. But as economists ...




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