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  1. Mainland data helps power surge in stocks

    Posted Oct 25th 2011, 12:00am

    ... quarter', HSBC chief China economist Qu Hongbin said. 'Meanwhile, inflation components within the PMI results confirmed stable output prices growth and slower input price inflation. The data ... deteriorating manufacturing output for three consecutive months. By contrast, the official PMI compiled by the China Federation of Logistics and Purchasing together with the statistics bureau has shown ...

  2. Stock rally to lure profit takers

    Posted Dec 02nd 2011, 12:00am

    ... came after mainland China's official purchasing managers' index recorded its worst reading for manufacturing output since 2009, policymakers in Beijing moved to boost lending ... at things. Of course the PMI figure was really disappointing, but if it leads to further easing, then it is a positive,' KGI Asia chief operating officer Ben Kwong Man-bun said. 'The market ...

  3. Business - China Business

    China Vanke seeks to study property abroad before making plunge

    Posted Aug 22nd 2012, 12:00am by Angela Che

    ... Angela Che angela.che@scmp.com China Vanke plans to study overseas China Vanke, the mainland's biggest listed property developer, will study overseas markets for at least two to three ... be primary choices for the company. But further studies were needed before it drew up detailed plans and a timetable. Yu made the remarks after the presentation of China Vanke's interim results. ...

  4. Battle over China Gas takes new turn

    Posted Aug 03rd 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com The reinstatement by China Gas Holdings of former managing director Liu Minghui as a non-executive director, and his likely reappointment as an executive ... brokerage's analyst who covers China Gas but asked not to be named due to company policy. Liu was managing director from July 2002 to January last year when he was removed, after it was revealed ...

  5. Buy-back plan gives Soho China a boost in HK

    Posted Jun 29th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Hong Kong-listed mainland developer Soho China is planning to buy back up to US$200 million worth of shares, saying its share price doesn't reflect ... for the continued growth of the group's operation.' As of the end of last year, Soho China, which focuses on commercial property development in Beijing and Shanghai, had a total cash and bank ...

  6. Firms square off over China Gas

    Posted Jun 18th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com The battle for the control of China Gas, one of the mainland's largest piped-gas suppliers, with 151 projects, is heating up as a key July 6 deadline looms. Since a consortium comprising ENN Energy, a smaller rival of China Gas, and Sinopec, China's No 2 oil firm, revealed an unsolicited US$2.2 billion bid for the company ...

  7. Towngas China eyeing seven mainland projects

    Posted Jun 05th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Hong Kong and China Gas, commonly known as Towngas, says its mainland piped gas unit is this year targeting as many as seven projects on the mainland worth HK$1 billion in an effort to win a larger slice of the green energy market across the border. Managing director Alfred Chan Wing-kin (pictured) of Towngas China said yesterday that three ...

  8. China Merchants sees 40pc growth in profit

    Posted Mar 29th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com China Merchants Bank (CMB), the mainland's sixth-largest lender by market value, yesterday reported a 40 per cent profit growth last year, ... for China Merchants Bank because the annual report showed it has to boost capital as soon as possible,' said Orient Securities analyst Jin Lin. 'A tougher capital requirement is imminent ...

  9. Investor jitters on China growth

    Posted Mar 07th 2012, 12:00am

    ... at a discount. It was the most actively traded stock yesterday, with its turnover hitting HK$52.3 billion. The other most actively traded stocks were Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), HSBC and insurer China Life. ICBC fell 3.8 per cent to close at HK$5.26, while HSBC lost 0.7 per cent to end at HK$68.80. CCB fell 3.1 per cent to end at HK$6.23 and China Life ...

  10. China Everbright to try 3rd time lucky

    Posted Feb 15th 2012, 12:00am

    ... George Chen and Eric Ng China Everbright Bank is making its third attempt to go public in Hong Kong as the mid-sized state lender seeks to boost its capital base amid tightening regulatory ... was quoted as saying by Financial News, the official newspaper backed by China's central bank in a question and answer article published on Tuesday. Tang, who was vice-chairman of the China ...




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