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  • July 28, 2014
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  1. Construction Bank 'interest' in Indonesian lender lifts shares 3pc

    Posted Jul 24th 2008, 12:00am by Staff Reporter

    ... need to ensure the investment will bring value to customers,' chairman Guo Shuqing said at that time. ...

  2. Guo Xin sues partner over property venture

    Posted Jul 02nd 2010, 12:00am by Toh Han Shih

    ... by mainland Chinese. Cheung Ping-kwong, a former business partner of MCK, and a mainland property firm he owns are being sued by Guo Xin International. In a writ filed with the High Court, Guo Xin is claiming 13.88 million yuan (HK$15.95 million) in damages. It is also seeking to prevent Cheung from selling a stake in a mainland property joint venture. Guo Xin is equally owned by Li Jiang, Shu ...

  3. Agricultural Bank moves closer to IPO after hearing

    Posted May 26th 2010, 12:00am by Staff Reporter

    ... Composite Index has fallen 20 per cent this year as investors became spooked by fears of monetary tightening. Last week, China Construction Bank Corp chairman Guo Shuqing said the bank would ...

  4. China, US working on banking deal

    Posted Nov 17th 2009, 12:00am by Wang Xiangwei

    ... in the Asia-Pacific region and developing countries. China Construction Bank chairman Guo Shuqing said earlier this month that while the bank was interested in overseas acquisitions, it was less interested ...

  5. Guo Xin sinks $96m to boost floating casino

    Posted Dec 17th 2004, 12:00am by Staff Reporter

    ... Winston Yau Guo Xin Group has agreed to spend $96 million to buy 60 per cent of Gainnew Group, a firm that will earn agency income from luring customers to a casino on the cruise liner Omar III and sell them gambling chips under a five-year contract. Chairman Zhang Yang (third from left), who signed the deal with Gainnew executive consultant Benny Ki (second from left), said ...

  6. BOC, Scottish bank near US$5b deal

    Posted Jul 27th 2005, 12:00am by Staff Reporter

    ... stole a march on its rival by being the first to finalise strategic share sales to foreign investors. The stake sale to Bank of America was billed by CCB chairman Guo Shuqing as the biggest ...

  7. Citigroup seeks BOC offer mandate

    Posted Jul 01st 2005, 12:00am by Staff Reporter

    ... to dissociate itself from a string scandals culminating with the departure of its chairman, Zhang Enzhao, amid allegations of corruption. CCB chairman Guo Shuqing has denied having finalised the list ...

  8. Former bank boss faces US lawsuit

    Posted Mar 20th 2005, 12:00am by Staff Reporter

    ... chief, Guo Shuqing, on Thursday. It is understood mainland authorities were alerted to the bribery accusations after the lawsuit was filed in December and an investigation was launched. ...

  9. Chinese lenders in tentative US moves

    Posted Sep 09th 2010, 12:00am by Kristin Jones

    ... chairman Guo Shuqing told reporters the US was 'unfair' in its treatment of Chinese banks. Li, the bank's general manager in New York, said their complaints faded after regulators ...

  10. Business - China Business - MARKETS

    Kingway shares climb after sale of breweries announced

    Posted Feb 07th 2013, 12:00am by Sandy Li

    ... China Resources Enterprises, which has a 51 per cent stake in China Resources Snow Breweries, fell 3 per cent to HK$26.1. Jessie Guo, an analyst at Jefferies Equity Research, wrote in a note on the deal: "This deal helps CRE to consolidate its market share, especially in Guangdong province. However, the acquisition valuation looks high." Guo's note said CRE has cash holdings ...




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