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  • April 19, 2014
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  1. Security breach

    Posted Sep 27th 2003, 12:00am by Staff Reporter

    ... Recently I boarded an aircraft carrying a container of liquid, passing unnoticed through security at two European airports, Pisa and Charles de Gaulle in Paris. It is the third time I have ... for safe-keeping and to avoid spillage. However, I am extremely concerned that I passed through two airport security checks. The next time this happens the liquid might be highly inflammable and carried ...

  2. Citic steering away from fund industry

    Posted Dec 03rd 2003, 12:00am by Christine Chan

    ... Christine Chan The management sector in China has slumped amid falling stockbroking fees Citic Securities is scaling back its presence in the mainland fund management industry, saying ... three years. During that time, the Shanghai A-Share Index has dropped 36 per cent while the Shenzhen A-Share Index has declined 44 per cent. Citic Securities spokeswoman Zheng Jing said ...

  3. Citic Pacific on shopping spree

    Posted Oct 15th 2003, 12:00am by Eric Ng

    ... The firm is buying power assets from its parent in an effort to rejuvenate profits Blue-chip conglomerate Citic Pacific has embarked on an expected acquisition spree to rejuvenate profits, saying it will buy power assets from parent Citic Beijing. The company yesterday said it would buy a 65 per cent stake in Sunburst Energy Development and a 20 per cent stake in Fengtai Electric ...

  4. Citic Pacific expands power base

    Posted Oct 22nd 2003, 12:00am by Denise Tsang

    ... a good thing,' HSBC Securities analyst Philip Tulk said of the plan. 'Power is a division that we hope Citic Pacific will invest more money in. It has a good return and its management ... Denise Tsang The US$540 million project in Jiangsu will increase capacity in the company's energy portfolio and will help lift profit Citic Pacific is planning a US$540 million power ...

  5. New products

    Posted Aug 17th 2003, 12:00am by Staff Reporter

    ... Citic Capital Markets has partnered with Banc One Investment Advisors Corporation to introduce a new US bond fund. The product, known as the Citic Capital US Bond Fund, will focus on US fixed-income securities, including treasury, agency, mortgage and asset-backed securities and corporate bonds. 'Being our first retail fund from the Citic Capital Investment Series, ...

  6. Wah Sang dives as SFC probe derails cash call

    Posted Dec 23rd 2003, 12:00am by Denise Tsang

    ... Denise Tsang Shares of Wah Sang Gas Holdings fell sharply yesterday after the company scrapped a planned share placement as a result of a probe by the securities watchdog. The stock tumbled 24.52 per cent, or 26 cents, to 80 cents after resuming trading following its suspension last Tuesday. Wah Sang, which distributes piped gas around China, said yesterday the Securities ...

  7. Fan leaves commission and takes up HKEx post

    Posted Nov 15th 2003, 12:00am by Enoch Yiu

    ... Enoch Yiu Citic Pacific group managing director Henry Fan Hung-ling has been appointed by the government as a public interest director at Hong Kong Exchanges and Clearing (HKEx). The appointment came on the same day that his term as a non-executive director at the Securities and Futures Commission (SFC) expired. Mr Fan had been a director of the SFC for eight years and a member ...

  8. International Copper cashes out of mainland producer

    Posted Aug 22nd 2003, 12:00am by Staff Reporter

    ... disposal price was made at a 13.15 per cent discount to Jiangxi's Wednesday close of $1.90. The counter closed 2.63 per cent lower yesterday at $1.85. The stake sale to Citic Capital ... to finance its property redevelopment projects in Beijing,' said Eugene Law Sheung-pui, a China analyst at Shenyin Wanguo Securities. Mr Law said Silver Grant had been attempting to sell ...


    Posted Dec 07th 2003, 12:00am by Staff Reporter

    ... Prospects of a bounce-back in earnings driven by aviation and property trading have led DBS Vickers Securities to maintain its 'hold'' recommendation on Swire Pacific A. Although there is some upside in the stock- the broker's revised one-year price target is HK$54.50- its valuation is not low. Office rents are likely to come under further pressure before ...

  10. S&P indices spearhead mainland push

    Posted Dec 16th 2003, 12:00am by Staff Reporter

    ... is a first step by ratings agency Standard & Poor's (S&P) in an expansion of its business in China. S&P said yesterday it had signed an agreement with Citic Securities to develop two ... clients would look for other indices like MSCI and FTSE-Xinhua,' said Gang Xu, director of financial product development at Citic Securities. Robert Shokotko, S&P's managing director ...




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