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  1. New boss takes the Citic Pacific helm

    Posted Apr 09th 2009, 12:00am by Eric Ng

    ... searched by the Commercial Crime Bureau. Their posts at the Hong Kong-listed flagship of the central government's first overseas investment arm, Citic Group, will be filled by Citic Group ... (SFC) and Hong Kong Exchanges & Clearing (HKEx) launched investigations into Citic Pacific's unauthorised currency dealings. He held key roles on the Executive Council, the SFC, HKEx ...

  2. Hong Kong Energy and parent to grow capacity

    Posted Oct 05th 2009, 12:00am by Eric Ng

    ... Eric Ng Hong Kong Energy (Holdings) and its parent, HKC (Holdings), plan to more than double their combined wind power generating capacity over the next five years, banking on the mainland's ambition to cut pollution by expanding clean energy. Hong Kong Energy and HKC together have 660 megawatts of wind power projects. They fully own just over 300 MW directly ...

  3. Sun rises surely on solar power sector

    Posted Jul 06th 2009, 12:00am by Eric Ng

    ... to achieve. Last month, a consortium of about 20 firms, many of them German, announced plans for a Euro400 billion (HK$4.34 trillion) project to help realise the dream. Hong Kong-listed China Singyes ... is urbanising and industrialising rapidly, the potential for future buildings with built-in solar power generation is enormous. Shen Hui, the deputy director of China Renewable Energy Society ...

  4. Siemens eyes mainland wind turbine venture

    Posted Nov 18th 2009, 12:00am by Eric Ng

    ... Siemens has a 5 per cent stake in Shanghai and Hong Kong-listed Shanghai Electric amassed during the latter's Hong Kong listing in 2005. Dehen said Siemens was the world's largest ... in Hong Kong, commissioned the mainland's first two offshore wind power turbines three kilometres from Rudong, Jiangsu province. They carry Guangdong Mingyang Wind Power Industrial ...

  5. Rescued 3D-Gold to sell bullion to investors through Agricultural Bank

    Posted Nov 16th 2009, 12:00am by Eric Ng

    ... the brand to its former prominence. The restructured company, formerly Hang Fung Gold Technology, was acquired by Hong Kong Resources Holdings in July for HK$500 million. It has now teamed up ... of China, said Hong Kong Resources chairman Kennedy Wong Ying-ho, who is also a managing partner of a law firm. Under the pact, Agricultural Bank will set up counters at selected branches to handle ...

  6. Listing candidate faces truckload of trouble

    Posted Jan 26th 2005, 12:00am by Eric Ng

    ... Kong-yong. Dongfeng is planning to raise US$500 million to US$600 million in a listing in Hong Kong this year. ... a negative impact on society.' Another truck maker, Anhui Jianghuai Automobile, was found to have falsified the capacity of 88 models. Both companies would have those models taken off ...

  7. CIC in US$666m Russia venture with Nobel Oil

    Posted Oct 16th 2009, 12:00am by Eric Ng

    ... worth US$666 million. The three plan to sell the entire venture, Nobel Holdings Investments, to Growth Enterprise Market-listed Kaisun Energy Group in what could be the first Hong Kong listing ... Production for US$939 million, purchased US$1.9 billion of debt issued by Indonesia's largest coal producer Bumi Resources and paid US$850 million for 15 per cent of Hong Kong-based commodity ...

  8. Post-Yung hopes fuel Citic Pacific advance

    Posted Apr 15th 2009, 12:00am by Eric Ng, Kandy Wong

    ... Kandy Wong, Eric Ng Shares in conglomerate Citic Pacific rose 16.57 per cent yesterday to HK$12.38 as investors appeared to be more bullish of the company after its management reshuffle. 'Investors are still speculating the parent will inject assets ...

  9. CIC buying GCL-Poly stake as sector revives

    Posted Nov 19th 2009, 12:00am by Eric Ng

    ... stakes and debt in Kazakh oil firm KazMunaiGas Exploration Production, Indonesian coal giant Bumi, Hong Kong commodities supplier Noble Group, Canadian diversified miner Teck Resources ...

  10. Chinalco on radar as Rusal investor

    Posted Oct 09th 2009, 12:00am by Eric Ng, Howard Winn

    ... applied to list in Hong Kong. Rusal, the largest aluminium producer in the world, is thought to be looking to raise up to US$3 billion by selling 10 per cent of its shares in an attempt to reduce ... Vnesheconombank. Commenting on the prospects of a Chinalco investment in Rusal, Hong Kong analysts said yesterday one area of possible co-operation between the two companies could be for Rusal to offer ...




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