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  • July 11, 2014
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  1. Valuation, market mood favour Real Gold

    Posted Feb 10th 2009, 12:00am by Carol Chan

    ... coming from its own mines, Mr Pang said. That would give it a higher margin and it could benefit the most from rising gold prices. However, the large portion of existing shares in the deal would give investors a bad impression and restrict the stock's potential gains after listing, he added. The price of gold has surged 23 per cent in the past three months as investors seek ...

  2. Zhongjin Gold float targets $380m

    Posted Jul 25th 2003, 12:00am by Eric Ng

    ... of the Shanghai Gold Exchange ended the previous practice of mandatory sales by smelters to the People's Bank of China. Domestic gold prices are now in line with international levels. China produced ... The subsidiary of China's largest precious metals producer plans Shanghai A-share listing next month Zhongjin Gold, to be spun off from China's largest gold producer China ...

  3. Change at Alibaba.com's helm seen as positive, but share price tumbles

    Posted Feb 23rd 2011, 12:00am by Staff Reporter

    ... termination of about 1,200 premium-paying China Gold Supplier members who had either committed fraud or were potential fraudsters, which the company disclosed in its third-quarter earnings report ... and verification measures, which led buyers who used the Alibaba site to suffer losses from trading with these fraudulent sellers. The company identified 2,325 Gold Supplier members, who signed up in 2009 ...

  4. Zijin forced to halt output at two mines

    Posted Aug 11th 2010, 12:00am by Eric Ng

    ... closure of the Zijinshan copper mine and a forced output cut at the gold mine in Fujian province, and taking into consideration metals price trends, Zijin cut its gold output target for the year ... gold prices. Gold could hit US$1,300 an ounce in six months from around US$1,200 at present on strong investment demand, according to a Standard Bank research note. Zijin's gross profit ...

  5. Mainland gold-mining firm plans HK listing

    Posted Aug 12th 2003, 12:00am by Eric Ng

    ... Eric Ng Fujian's proposed listing this month will give investors a first chance to bet on the miner The love affair Hong Kong people have with gold is no secret, but news that they may get their first chance to invest in a mainland gold-mining firm later this year is sure to cause excitement among investors. Fujian-based private and government-funded Fujian Zijin Mining ...

  6. Stories fuel sharp rise in oil prices, says CNOOC boss

    Posted Mar 24th 2011, 12:00am by Eric Ng

    ... Eric Ng The sharp rise in oil prices was fanned by 'stories' created by investment funds rather than real demand and supply imbalances, according to the head of dominant offshore ... prices. 'The 'jasmine revolution' has not had much impact on oil demand and supply, and the rising oil price is mainly a result of people's expectations,' Fu said. ...

  7. Oil price rise helps to boost Sinopec profit

    Posted Oct 29th 2010, 12:00am by Eric Ng

    ... prices. Net profit was 19.62 billion yuan (HK$22.75 billion), up from 17.09 billion yuan in the year-earlier quarter, it said last night. Oil and gas production operating profit surged 61 per cent ... grew 11.6 per cent to 56.4 billion yuan. Rival PetroChina's share price yesterday fell 0.5 per cent to HK$9.54 despite it posting a 12.5 per cent year-on-year rise in net profit to 34.7 ...

  8. Mengniu earnings decline on rising prices of raw materials

    Posted Sep 01st 2010, 12:00am by Staff Reporter

    ... to 30 per cent so far this year. The company has not responded by raising its prices but will not discount that possibility for the rest of the year. Wu denied that Mengniu's sales had been ...

  9. Unicom iPhone price drop eases way for updated model launch

    Posted Jul 27th 2010, 12:00am by Staff Reporter

    ... Bien Perez China Unicom, the country's second-largest wireless network operator, is planning another drop in its price for Apple's iPhone, heightening speculation that the updated model of the smartphone, iPhone 4, will soon be released on the mainland. According to media reports yesterday, the carrier has confirmed it will cut the price of the 32-gigabyte model ...

  10. Skyworth eyes HK trade status

    Posted Jul 23rd 2003, 12:00am by Staff Reporter

    ... The mainland's third-largest television maker, Skyworth Digital Holdings, is fighting for Hong Kong company status to free itself from European Union quotas and price restrictions ... a dispute that had been dragging on for almost 15 years. The EU agreed to remove punitive import tariffs but subjected mainland TV makers to quota and price restrictions. Skyworth announced ...




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