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  • October 25, 2014
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  1. State power distributors to boost investment in networks

    Posted Nov 15th 2008, 12:00am by Eric Ng

    ... to three years as part of Beijing's 4 trillion yuan (HK$4.54 trillion) economic stimulus package. State Grid Corp of China, which operates power distribution networks in 25 provinces ... capacity because power cannot be dispatched to undersupplied areas effectively. 'For a long time, China's electricity grid construction investment has been insufficient ... resulting ...

  2. London calling for Chinese investments

    Posted Aug 08th 2009, 12:00am by Mark O'Neill

    ... Corp, which have set up their European headquarters there; major financial institutions such as Bank of China, China Construction Bank and China Merchants Bank, with Industrial and Commercial Bank of China would follow by the end of the year. China Investment Corp, which manages the country's foreign exchange reserves, is considering whether to open an office in London. More ...

  3. Go West campaign draws investment to Chengdu

    Posted Dec 01st 2004, 12:00am by Peggy Sito

    ... Land and Hutchison Whampoa. It has also drawn Singaporean investors such as the Government of Singapore Investment Corp, Surbana, the corporate entity of the Housing Development Board ... provinces, such as Sichuan and Xinjiang in China's hinterland. The programme includes capital injection from the government to develop infrastructure, and calls for overseas investment ...

  4. China Netcom slashes expectations for its IPO

    Posted Apr 26th 2004, 12:00am by Ben Kwok, Michael Logan

    ... Hui Yuk-min, Ben Kwok and Michael Logan Growing wariness towards mainland plays has cooled interest in the fixed-line operator China Netcom Corp will scale back the size of its initial public offering and list two months later than planned amid growing investor scepticism toward mainland plays. China's second-largest fixed-line network had lowered its fund raising target ...

  5. Exxon looks for $11.1b Sinopec exit

    Posted Mar 02nd 2005, 12:00am by Eric Ng

    ... entire stake in China Petroleum & Chemical Corp (Sinopec). According to market sources, Exxon was offering to sell 3.16 billion H shares in China's largest refiner at between $3.38 ... with an eye towards paving the way for larger-scale co-operative investments in China's market. For the most part, such opportunities never materialised, with the absence of foreign participation ...

  6. Banks brace for two big share offers

    Posted Nov 19th 2004, 12:00am by Peggy Sito

    ... investment trust, which is expected to raise between $22 billion and $25 billion, and Air China's bid to raise up to US$1 billion are both scheduled for December 6. Sources said last night ... cent in the next year, largely fuelled by the carrier's expansion after the IPO. Merrill Lynch and China International Capital Corp are the sponsors for the Air China IPO. Link Reit ...

  7. China Mobile planning first Taiwan foray

    Posted Apr 30th 2009, 12:00am by Lawrence Chung, Martin Zhou

    ... laws allowing mainland companies to invest in Taiwan take effect tomorrow China Mobile plans to acquire this much of mobile operator Far EasTone: 12% ... Martin Zhou in Beijing, Lawrence Chung in Taipei and Frederick Yeung China Mobile has agreed to buy a HK$4.07 billion stake in one of Taiwan's leading telecoms service providers, ...

  8. China Telecom, Unicom join sea cable network

    Posted May 26th 2009, 12:00am by Staff Reporter

    ... Bien Perez China Telecom Corp and China Unicom, two of the three network operators that dominate the mainland telecommunications industry, have joined a consortium led by Japan's NTT ... Telekom Malaysia and Vietnam Posts and Telecommunications Group. A spokesman for NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corp, declined to provide an estimate ...

  9. China Travel reports mixed quarterly performance

    Posted Apr 08th 2009, 12:00am by Denise Tsang

    ... Denise Tsang China Travel International Investment Hong Kong, a unit of state-owned China National Travel Service (HK) Group Corp, recorded mixed performance in the first three months ... the full-year payout unchanged at 6HK cents. With a war chest of about HK$1.8 billion, China Travel was seeking to buy travel-related assets, Mr Xu said. However, he said there was no specific target ...

  10. Asset restructuring plan weighs on BBMG

    Posted Jul 14th 2009, 12:00am by Toh Han Shih

    ... to a related company, Hebei Taihang Cement. In 2007, the China Securities Regulatory Commission told BBMG Group to undertake an asset restructuring. Under the plan, BBMG Corp's parent ... BBMG Corp accounts for 60 per cent of the two companies' supply, according to the China Cement Association. BBMG Corp commands 40 per cent of Beijing's cement market. One of its ...




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