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  • September 18, 2014
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  1. CNOOC reaches deal to buy half of Australian energy company

    Posted Dec 09th 2010, 12:00am by Eric Ng

    ... Eric Ng China National Offshore Oil Corp, the nation's third-largest oil and gas producer, has agreed to buy half of a coal seam gas developer in Australia, its second overseas foray ... to be piped to a plant at the coast. China National is also in talks to buy half of state-owned coal seam gas developer China United Coal Bed Methane from China National Coal Group, company officials ...

  2. China Huaneng eyes half-stake in InterGen

    Posted Aug 19th 2010, 12:00am by Eric Ng

    ... Eric Ng China Huaneng Group, the nation's biggest electricity producer, is reportedly in talks to acquire half of international power generator InterGen from an Indian firm. If successful it will be the second major overseas acquisition by the state-backed power giant since March 2008 when its listed unit, Huaneng Power International, paid S$4.23 billion (HK$24.28 billion) ...

  3. Door only half-open

    Posted Sep 22nd 2009, 12:00am by Juanito Concepcion

    ... Juanito Concepcion The global economic recovery has begun, according to the International Monetary Fund and officials in major world capitals, and this piece of news should have brought cheer all round in Taiwan, where the economy depends largely on expor ...

  4. Foreign takeovers drop 41pc in first half

    Posted Jul 28th 2009, 12:00am by Staff Reporter

    ... of this year. According to a report by accounting firm PricewaterhouseCoopers, mergers and acquisitions by foreign buyers slumped to 200 transactions in the first half, well below the 337 deals a year ago. The deals were mainly in the financial and manufacturing sectors. A total of 386 transactions were recorded in the second half of 2007, the highest volume among the last five reported ...

  5. Equity capital market surge seen this half-year

    Posted Jul 06th 2009, 12:00am by Nick Westra

    ... Wong Ka-chun, Nick Westra and Tim LeeMaster Hong Kong's equity capital market is expected to enjoy strong growth this second half of the year, driven by an increasing number ... months of this year as volume and value picked up significantly in the second quarter, according to data provider Dealogic. In Hong Kong, the offering market was weak in the first half, however, ...

  6. Wuhan Steel pays A$180m for half of Centrex mines

    Posted Dec 19th 2008, 12:00am by Carol Chan

    ... amid the global economic crisis. But mainland steelmakers are still keen to invest in overseas iron ore projects as about half of the iron ore the country consumes must be imported from ...

  7. Li & Fung acquires Van Zeeland as first-half profit climbs 17.7pc

    Posted Aug 14th 2008, 12:00am by Denise Tsang

    ... Denise Tsang Global trading group Li & Fung, which saw its first-half net profit jump 17.7 per cent to HK$1.24 billion, has agreed to take over New York-based handbag importer Van ... to outsource their merchandising operations. Li & Fung signed four new deals with Toys 'R' Us, Hello Kitty distributor Sanrio, and US brands Timberland and Kellwood in the first half ...

  8. Merchants Bank sees first-half profit soar 116.4pc to 13.2b yuan

    Posted Aug 19th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu and Maria Chan China Merchants Bank, the country's most profitable lender, said first-half earnings jumped 116.42 per cent, which could herald upbeat results at other state banks. The Shenzhen-based lender said the tightened lending policy and the extreme weakness of the equity market had limited its non-interest income and asset growth. 'The subdued ...

  9. Cheung Kong first-half sales top year's goal

    Posted Jul 08th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Cheung Kong (Holdings), the second-largest developer in Hong Kong, realised HK$23 billion from property sales in the first half of this year, exceeding the HK$22 billion target ... in the first half. Turnover from property sales so far this year is 35 per cent higher than the HK$17 billion gained last year from selling more than 4,400 units. Property sales in the first half ...

  10. Cosco looks beyond 95pc first-half profit fall

    Posted Sep 05th 2003, 12:00am by Staff Reporter

    ... The developer says its projects on the mainland will offset the HK downturn A strong performance in the mainland property market is expected to boost Cosco International Holdings' second-half profit, as the troubled local housing market continues to slump. Releasing its interim results yesterday, the Hong Kong-listed company said net profit was hit by Sars and the downturn ...




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