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Results 1 - 10 of 24 for china railway corporation

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  1. China Coal seeks to raise HK$13b in stock offering

    Posted Nov 30th 2006, 12:00am by Carol Chan

    ... Carol Chan Strategic investors American Metals and First Reserve to buy US$125m stakes China Coal Energy, the mainland's second-largest coal miner, aims to raise up to HK$13.15 ... said. The valuation is slightly lower than larger rival China Shenhua Energy's 12.9 times forecast earnings for next year but higher than the smaller Yanzhou Coal Mining's 8.8 times. ...

  2. Alliance prompts steelmakers to seek alternative iron ore suppliers

    Posted Jun 15th 2009, 12:00am by Carol Chan

    ... in the next few months, said Robert Ferguson, who is in charge of the Toronto-listed company's corporate development department. Speaking to the South China Morning Post, Mr Ferguson said ... and Australia's Sundance Resources. The bid to secure new supply agreements follows an announcement on June 5 that Rio had decided against a US$19.5 billion deal tie-up with Aluminum Corp of China ...

  3. Sinopec, Chalco, China Railway warn of 50pc profit declines

    Posted Jan 23rd 2009, 12:00am by Carol Chan, Eric Ng, Toh Han Shih

    ... Eric Ng, Toh Han Shih and Carol Chan Leading state-owned enterprises China Petroleum & Chemical Corp (Sinopec), Aluminum Corp of China (Chalco) and China Railway Group are warning ... per cent decline to 2.68 billion yuan, based on mainland standards. China Railway yesterday attributed the profit decline to 'a considerable loss' in the proceeds from its Hong Kong ...

  4. Raw materials sector in line for faster shake-up

    Posted Jul 04th 2009, 12:00am by Carol Chan

    ... of Finance. Reports have also suggested that the removal of obsolete facilities would be monitored in the performance assessments of local governments. China, the world's biggest steel producing ...

  5. Green Global bets on mine in Mongolia to gain market share

    Posted Aug 29th 2009, 12:00am by Carol Chan

    ... to give any figures for the potential resources of the mine, saying it was still awaiting independent valuation. Golden Pogada last week sold a 10 per cent stake to state-owned China Railway ... Carol Chan Green Global Resources, which recently bought an iron ore mine in Mongolia, sees the recent strained relations between China and Australia as an opportunity to seek more ...

  6. Shanghai Industrial sells non-core businesses for HK$2.86b

    Posted Jul 28th 2009, 12:00am by Carol Chan

    ... Carol Chan Shanghai Industrial Holdings said yesterday that it had agreed to sell its loss-making semiconductor and dairy units for HK$2.86 billion, as part of a restructuring in which it will focus on its core businesses. The flagship of eastern China's economic hub sold its 8.21 per cent stake in Semiconductor Manufacturing International Corp (SMIC) to its parent company, ...

  7. China Nickel upbeat about product demand

    Posted Sep 25th 2008, 12:00am by Carol Chan

    ... in the second half of the year, China Nickel products mainly cater to customers with huge demand and which require high quality steel, such as for machinery and railways, so the impact on the company ... Carol Chan China Nickel Resources Holdings, the mainland's nickel-based steelmaker, expects the company's operating environment will stabilise despite a bearish market for steel. ...

  8. Vague law leaves definition of a state secret up in the air

    Posted Jul 11th 2009, 12:00am by Carol Chan, Martin Zhou

    ... really shocked some of our multinational clients,' said a person working with the Shanghai branch of a foreign-owned corporate crime investigation firm. 'Most investigations ... China University of Political Science and Law. 'This has to be decided on a case-by-case basis.' The nature of the data allegedly illicitly obtained by Rio Tinto and the implications ...

  9. Cathay stake sale bolsters confidence in Citic Pacific

    Posted Aug 19th 2009, 12:00am by Carol Chan

    ... of a 14.5 per cent stake in Cathay to Air China and Swire Pacific for HK$7.35 billion. It will retain a 2.98 per cent stake in Cathay after the disposal. 'Investors are generally confident ... was not sufficient- at this stage- to affect its ratings and outlook. Moody's said Citic Pacific's Ba1 corporate family rating was unchanged and its credit outlook remained negative. ...

  10. Kai Yuan, Rizhao look to more co-operation

    Posted Feb 09th 2009, 12:00am by Carol Chan

    ... the vice-president of corporate finance for Kai Yuan, said. The market is speculating that Mr Du plans to use Kai Yuan as Rizhao's overseas listing platform and intends to inject all of the group's ... Hurun China Rich List with a personal wealth reported at 35 billion yuan (HK$39.71 billion), together with Zhang Heyi, late last year paid about HK$87.5 million for a 9.95 per cent stake in Kai ...




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