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  1. China Investment Corp forecast to zoom in on HK stocks

    Posted Oct 02nd 2007, 12:00am by Staff Reporter

    ... banks, China Investment Corp will have at least tens of billions of US dollars to invest in foreign financial markets,' Mr Wong said. 'Hong Kong stocks will definitely be one of its top ... Investment, previously known as the investment arm of the People's Bank of China, had already made a controversial entry into the financial markets. In May, the unit bought a 10 per cent stake ...

  2. Company profile- China Construction Bank Corp

    Posted Jun 11th 2007, 12:00am by Staff Reporter

    ... China Construction Bank Corp's principal activities are the provision of corporate and personal banking services, conducting treasury business and corresponding banking business, and the provision of asset management and trustee services. The group has 13,977 branches and sub-branches in 31 provinces, autonomous regions and municipalities directly under the central government. ...

  3. Win Hanverky and NagaCorp lead IPO rush

    Posted Aug 17th 2006, 12:00am by Staff Reporter

    ... Fiona Lau and Foster Wong Sportswear manufacturer Win Hanverky and Cambodian casino operator NagaCorp plan to tap the market for a combined HK$1.48 billion from initial public offerings ... offering planned by China Merchants Bank, sources said. The mainland's sixth-largest commercial lender today is set to seek approval from the stock exchange to sell US$2 billion in shares ...

  4. China Railway Construction gets green light for initial share sale

    Posted Feb 15th 2008, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai China Railway Construction Corp, the nation's second-largest railway builder, has won regulators' approval to sell 2.8 billion A shares on February 25, a mammoth offering that will further put pressure on the weakened equity market. The China Securities Regulatory Commission's green light clears the way for the construction contractor's ...

  5. China Railway unveils overseas expansion plans

    Posted Nov 21st 2007, 12:00am by Staff Reporter

    ... in the company, according to sources. Apart from China Investment Corp, China Railway has set aside about HK$2.4 billion worth of Hong Kong-listed shares for eight cornerstone investors, including ... for the A-share sale. The company has set aside US$400 million worth of new shares for nine cornerstone investors, representing 16 per cent of the H-share offering, the document shows. China Investment ...

  6. Sinosteel Corp aims to raise up to US$2b in mainland, HK offerings

    Posted Dec 07th 2007, 12:00am by Carol Chan

    ... Carol Chan Sinosteel Corp, a state-owned metallurgical and mineral resources developer and processor, plans to raise between US$1.5 billion and US$2 billion in two initial public ... 'We're still working on the detailed listing plan,' he said, so, '[the] management is not sure whether the listing vehicle will also include the two units.' Sinosteel Corp plans ...

  7. Sasac plans probe of state firms' big investments

    Posted Feb 11th 2009, 12:00am by Staff Reporter

    ... such as Wuhan Iron and Steel (Group) Corp, Sinopec Corp, PetroChina and Aluminum Corp of China (Chinalco). But as the world economy slid into a downturn in the second half of last year and global ... Woods Lee and Adam Chen in Beijing Risk exposure and losses a concern The state assets watchdog will launch a nationwide probe of big investments and acquisitions by state-owned ...

  8. KDDI talks down investment in Unicom

    Posted May 05th 2006, 12:00am by Georgina Lee

    ... Georgina Lee KDDI Corp, Japan's biggest CDMA operator, would prefer partnering with China Unicom on CDMA roaming and 3G expertise rather than invest in the group, a company source said yesterday. The comments follow reports that Unicom is in talks with three telecommunications operators- KDDI, Korea's SK Telecom and Sprint Nextel of the US- about investing ...

  9. Licensed telecoms firms expected to invest 200b yuan in 3G networks

    Posted Dec 13th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung Beijing expects three state-owned mobile operators to invest at least 200 billion yuan (HK$226 billion) in third-generation mobile networks after the government issues ... that the restructuring of the telecommunications industry to create three full-service operators has been completed. China Mobile will be awarded a licence based on the mainland-developed TD-SCDMA mobile ...

  10. Business - Banking & Finance - A SHARES

    Mainland China allows residents from Hong Kong and Taiwan to trade A shares

    Posted Mar 10th 2013, 12:00am by Yvonne Liu, Bloomberg

    ... accounts for yuan-denominated stocks, or A shares, according to a statement on the website of China Securities Depository and Clearing Corp. The change, approved by the securities regulator, is aimed at "facilitating their access to investment in the A-share market," according to yesterday's statement. It confirmed a South China Morning Post report last month ...




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