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  • October 22, 2014
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  1. China Gas price declines following news of fraud

    Posted Feb 02nd 2011, 12:00am by Eric Ng

    ... Eric Ng China Gas Holdings' share price dived by 18.3 per cent after it revealed on Monday night that two of its directors had been detained in Shenzhen since mid-December ... mentality. China Gas shares ended 14.7 per cent down, at HK$2.89, after seeing a low of HK$2.77. Trading resumed yesterday after it was halted on December 20. 'We expect the market to discount ...

  2. China Gas falls after net profit plunges

    Posted Dec 01st 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih China Gas Holdings fell 10.6 per cent to HK$3.97 yesterday in Hong Kong trading after the mainland gas supplier reported a 78.5 per cent plunge in interim net profit. Its ... for China Gas' earnings per share for this fiscal year by 42 per cent to 11 HK cents and by 17 per cent to 20 HK cents for the next fiscal year. It rated China Gas a 'sell' ...

  3. CNPC (HK) targets 20-fold growth in gas revenue

    Posted May 15th 2009, 12:00am by Eric Ng

    ... cities, of which 28 are now in operation. Analysts said PetroChina's expansion into the gas distribution business would pose a threat to existing distributors such as Xinao Gas Holdings and China Gas Holdings. But, with expertise in end-user market development, the rivals could counter this by co-operating with PetroChina, which produces more than 70 per cent of the nation's ...

  4. Gas fuels profit but firm faces challenges

    Posted Sep 22nd 2008, 12:00am by Stephen Wong

    ... Holdings is now showing promise of becoming a powerful infrastructure and public utilities firm. In particular, the strategic acquisition of Beijing Gas Group in June last year appears vindicated ... It implemented the central China gas and Inner Mongolia Keqi coal-based gas project. It is seeking to expand significantly in the Bohai region with its close partnership with PetroChina, and looking ...

  5. CNPC's HK unit aims to double assets, profits

    Posted Feb 13th 2009, 12:00am by Eric Ng

    ... at gradually eliminating overlaps between the group's companies, especially in oil and gas exploration and production. CNPC holds 86.29 per cent of listed PetroChina, which owns 56.66 per cent ... Eric Ng CNPC (Hong Kong), PetroChina's new financing arm for its downstream gas distribution ambitions, expects to more than double assets and profits in three to five years through ...

  6. China Corn Oil jumps 21pc but Shengli tumbles

    Posted Dec 19th 2009, 12:00am by Amanda Lee, Toh Han Shih

    ... Amanda Lee and Toh Han Shih The debuts of China Corn Oil and Shengli Oil & Gas Pipe Holdings were mixed yesterday, with China Corn Oil gaining 21.4 per cent and Shengli dropping 15.5 per cent from their offer prices. Shares in Shandong-based China Corn Oil closed at HK$4.36, after rising to a high of HK$4.69 from their offer price of HK$3.59. They hit a low of HK$4.21. ...

  7. China Mobile holds firm amid news of probe

    Posted Dec 29th 2009, 12:00am by Staff Reporter

    ... of China Telecom's assets, mostly from the mainland's northern provinces, when the government decided to break the fixed-line carrier's monopoly in 1999. Put on hold ... Bien Perez Shares of China Mobile were left unscathed yesterday by news of Beijing's probe of an influential senior executive who is also a former telecommunications industry ...

  8. China Resources plans internal lending scheme

    Posted Dec 20th 2010, 12:00am by Lulu Chen

    ... China Resources Power Holdings, China Resources Cement Holdings and China Resources Gas Group. Some market watchers have questioned the safety of the proposal, saying that it could expose ... Lulu Chen China Resources Holdings said six of its Hong Kong listed subsidiaries were seeking approval from shareholders to lend money to one another, a strategy the group said would make ...

  9. China Merchants puts ports expansion on hold

    Posted Mar 23rd 2005, 12:00am by Joseph Lo

    ... Joseph Lo Operator to concentrate on logistics and management in year of consolidation China Merchants Holdings (International), one of the mainland's largest port operators, ... and logistics services. The purchase will give China Merchants, which operates ports mainly in Shenzhen and Hong Kong, a foothold in the Yangtze River Delta through Shanghai's Waigaoqiao ...

  10. Towngas seals $224m deal to pipe gas to Shandong

    Posted Sep 08th 2003, 12:00am by Peggy Sito

    ... Weifang city project the third by Hong Kong's dominant player in a week Hong Kong and China Gas (Towngas) has signed its third piped-gas project in Shandong province in less than a week. The deal announced yesterday, to develop a piped-gas project in Weifang city, will involve investment of 240 million yuan (HK$224.95 million). Towngas has been diversifying its business ...




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