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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 ... mainland rules permit. Bocom is seeking a waiver from the China Banking Regulatory Commission to allow foreign investors a larger stake in the bank. ...

  2. Central Park Towers launch lifts home sales

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

    ... steered buyers to units in Central Park Towers with attractive commissions of 2.5 per cent. Kingswood Villas in Tin Shui Wai was the most popular housing estate in the secondary market two weeks ... 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 ...

  3. Tax breaks for mainland firms in go-global push

    Posted Jul 04th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com The central government has announced a series of measures, including tax exemptions, to encourage private mainland companies to invest abroad. A joint declaration by 13 government departments- including the National Development and Reform Commission (NDRC), the Ministry of Foreign Affairs, the Ministry of Commerce and the People's Bank ...

  4. Agents in line for windfall from bumper deals

    Posted Apr 22nd 2009, 12:00am by Sandy Li

    ... the units- about 40 per cent of the 24,000 agents in the market- are now due to share in total commissions of somewhere between HK$100 million and HK$150 million. For Central Park Towers II alone, ... in commissions from the Central Park Towers II project. 'We had about 300 agents stationed in the sales office when the sale began last Thursday, while another 500 to 600 staff called on clients ...

  5. Developers shrug off easing denial

    Posted Jun 14th 2012, 12:00am

    ... Paggie Leung and Angela Che Shares of mainland developers fell yesterday but recovered later despite a denial by the central government that it would ease its property policy. On Tuesday evening, the National Development and Reform Commission denied media reports that quoted an unnamed NDRC official as saying loosening the property policy could be an option to rescue ...

  6. Property issues propel HSI to six-month high

    Posted Sep 14th 2004, 12:00am by Staff Reporter

    ... the opening of the fourth plenary session meeting of the 16th Central Committee on Thursday. Some investors are expecting clarification from the meeting on recent rumours that Jiang Zemin might step down from the Central Military Commission while some are hoping for hints on further measures to slow down growth. The central government yesterday announced that the consumer price index last ...

  7. Fuel rate cut eases pressure on large mainland refiners

    Posted Jun 09th 2012, 12:00am

    ... rapid declines in crude oil prices to offset earlier refining losses. The central government cut petrol prices by 530 yuan a tonne (HK$650) and diesel prices by 510 yuan a tonne, the National Development and Reform Commission said. They are the biggest single price cuts since December 2008 at the height of the global financial crisis, when crude oil prices nosedived. 'We believe ...

  8. CCB braced for fallout from Zhejiang firm

    Posted Jul 19th 2012, 12:00am

    ... on suspicion of having committed economic crimes. Guo Tianyong, a professor at the Central University of Finance and Economics, said investors were now giving lower valuations to mainland banks amid ... billion yuan at the end of March, according to the China Banking Regulatory Commission. CCB's Zhu said the current economic slowdown as well as illegal fund-raising were challenges ...

  9. SHKP penthouse breaks record

    Posted Mar 24th 2012, 12:00am

    ... would generate two billion yuan if all 100 flats were sold. There are 195 apartments in the development. The sale came amid calls from the National Development and Reform Commission ... a year ago. Shenzhen and Guangzhou are likely to be among a second batch of cities to implement the tax, which is part of the central authority's move to broaden revenue for local ...

  10. Sasac moves to limit stock options windfall for state enterprise chiefs

    Posted Apr 26th 2008, 12:00am by Staff Reporter

    ... Al Guo in Beijing and Natalie Chiu The central government is seeking to cap stock option incentives for executives of state-owned enterprises (SOEs), which effectively will block ... by the State-owned Assets Supervision and Administration Commission (Sasac) will pacify a public that is fed up with news that managers of listed companies make millions of yuan a year, even during a stock ...




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