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  • August 28, 2014
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  1. Beijing to bail out two more banks

    Posted Dec 03rd 2004, 12:00am by Staff Reporter

    ... will be drawn up for each bank,' Vice-Finance Minister Lou Jiwei said at a Beijing financial conference organised by Euromoney yesterday. 'There will inevitably be capital injections no matter what form they will take,' Mr Lou said. 'There will inevitably be transfers of NPLs and the introduction of a new corporate governance framework.' Mr Lou declined to offer ...

  2. Agricultural Bank ready for reform

    Posted Dec 26th 2007, 12:00am by Staff Reporter

    ... inject a certain amount of capital into the bank, according to CIC chairman Lou Jiwei, who spoke at the forum yesterday. 'Following the plan approved by the State Council, Huijin will continue to take part in the reform of China Development Bank and China Agricultural Bank,' Mr Lou said, refusing to be specific. Vice-Finance Minister Li Yong last month said both banks were ...

  3. CDB gets US$20b injection from CIC

    Posted Jan 01st 2008, 12:00am by Staff Reporter

    ... lending practices. China Investment Corp chairman Lou Jiwei said last week that the sovereign wealth fund would invest a third of its assets, amounting to between US$60 billion and US$70 billion, ...

  4. No timetable set for stocks through-train

    Posted Oct 17th 2007, 12:00am by Cary Huang

    ... at 19,441.33. Meanwhile, the head of China Investment Corp (CIC), the country's new US$200 billion sovereign wealth fund, said the firm would invest in Hong Kong. But Lou Jiwei criticised ...

  5. Investment agency poised for launch

    Posted Aug 10th 2007, 12:00am by Staff Reporter

    ... launch. Lou Jiwei, a former vice-minister of finance and currently a deputy secretary-general of the State Council, will lead the agency, which will be independent of the central bank ...

  6. Lai See

    Posted Nov 09th 2010, 12:00am by Howard Winn

    ... from 48, while the head of China's wealth fund, Lou Jiwei, and the man behind the great firewall of China, propaganda chief Li Changchun, are relatively stable at 30 and 32, respectively. ...

  7. PetroChina's Q1 profit up 5.8pc

    Posted Apr 27th 2012, 12:00am

    ... the increases in product prices announced in the first-quarter,' said Sanford Bernstein analysts Neil Beveridge and Lou Ying in a research report. 'Reform of product pricing continues to look ...

  8. Orient targets shale gas resources

    Posted Mar 06th 2012, 12:00am

    ... the [2020 target] remains questionable,' Sanford Bernstein analysts Neil Beveridge and Lou Ying said in a report. 'China faces higher production costs, infrastructure bottlenecks, and most ...

  9. Reform talk lifts shares of oil giants

    Posted Jan 04th 2012, 12:00am

    ... refining losses off their books. Sanford Bernstein analysts Neil Beveridge and Lou Ying forecast Sinopec, the world's third-largest oil refiner, would be able to make US$5 of refining profit ...

  10. Sinopec stays firm on China Gas buying price

    Posted Mar 27th 2012, 12:00am

    ... be interesting without diluting [the interests of] shareholders,' wrote Sanford Bernstein analysts Neil Beveridge and Lou Ying in a research note. On Sunday Sinopec posted a 2 per cent rise in net ...




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