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  • November 27, 2014
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Results 1 - 10 of 35 for offshore yuan trading

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  1. Jutal IPO raising up to HK$150m

    Posted Sep 05th 2006, 12:00am by Carol Chan

    ... Carol Chan Oil equipment manufacturer Jutal Offshore Oil Services plans to raise up to HK$150 million this month from a Hong Kong initial public share offering for business expansion amid ... said. Shares in rival Emer International are trading at eight times last year's earnings while Shandong Molong Petroleum Machinery's shares are trading at 18 times. Established ...

  2. China Blue promises 30pc dividend payout after IPO

    Posted Aug 29th 2006, 12:00am by Carol Chan

    ... Carol Chan China Blue Chemical, a unit of China National Offshore Oil Corp seeking a Hong Kong listing, will pay 30 per cent of its profit as dividends next year to lure investors amid ... times to 1.7 times its book value this year, according to JP Morgan, one of the listing sponsors. The estimate is higher than similar Chinese firms that trade at about 9.62 times forecast ...

  3. Cosco climbs from deep dive after warning on likely 3.95b yuan loss

    Posted Dec 17th 2008, 12:00am by Carol Chan

    ... yuan (HK$4.47 billion) from wrong-way bets on freight rates. But the stock recouped most of its losses and ended down just 0.71 per cent at HK$5.61 after rising international freight rates helped allay investor worries. Its Shanghai-traded A shares, nevertheless, fell 5.18 per cent to 8.78 yuan. China Cosco late on Monday said potential losses in freight-forwarding agreements had ...

  4. Shanghai Industrial to invest in 675m yuan waterworks project

    Posted Sep 05th 2006, 12:00am by Carol Chan

    ... province with an investment of 675 million yuan. General Water of China, a 50-50 joint venture between Shanghai Industrial and state-controlled China Energy Conservation Investment Corp, signed ... is the regional logistics hub of Sino-Russian private-sector trade and China's largest cross-border trading centre. Reforms in pricing based on supply and demand and the opening market have attracted ...

  5. Air China profit soars 50pc on lower fuel costs

    Posted Jul 15th 2009, 12:00am by Carol Chan

    ... contracts, Air China said in a statement filed with the Shanghai Stock Exchange last night. Oil prices, which skyrocketed to US$147 a barrel in July last year, have been trading at about US$60 recently. They were quoted at as low as US$45 a barrel in late December and hit more than US$70 last month. Air China, which had a 7.7 billion yuan (HK$8.73 billion) paper loss from fuel-hedging ...

  6. CNOOC plans to diversify and enhance value

    Posted May 28th 2009, 12:00am by Carol Chan

    ... Carol Chan CNOOC, the country's biggest offshore oil and gas producer, plans to diversify into midstream oil refining and downstream chemical production to become an integrated oil ... the diversification would be carried out by state-owned parent company China National Offshore Oil Corp first. 'The market always gives integrated oil companies a higher valuation than a pure exploration ...

  7. Jiangxi Copper up 9.5pc on earnings surprise

    Posted Aug 28th 2008, 12:00am by Carol Chan

    ... selling prices. Jiangxi Copper's H shares jumped 9.53 per cent to close at HK$12.64, while its A shares rose 4.02 per cent to 16.55 yuan (HK$18.90). Chairman Li Yihuang said the price ... metal producer reported a 31.98 per cent jump in earnings for the six months to June. London Metal Exchange three-month copper futures were trading at about US$7,620 a tonne in early trade ...

  8. Shares in Panzhihua Steel units surge on takeover expectations

    Posted Aug 16th 2008, 12:00am by Carol Chan

    ... is planning a takeover after revealing that it has bought at least 1.33 billion yuan (HK$1.51 billion) worth of shares in the companies. Liaoning-based Anshan Steel, the parent of listed Angang Steel, ... through a 7.29 billion share placement and swap deal. Anshan Steel has said it would provide financial support, which may amount to more than 20 billion yuan, for the restructuring. ...

  9. Singyes braves poor market with HK$72m IPO

    Posted Dec 31st 2008, 12:00am by Carol Chan

    ... integrated photovoltaic (BIPV) systems and the production of solar-power products, is selling 60 million shares at between HK$1 and HK$1.20 each until January 6. Trading of the shares is expected to start on January 13. ICEA Capital is the sponsor of the deal. Singyes reported 69.8 per cent growth in first-half profit this year to 52.1 million yuan (HK$59.1 million) on turnover of 374 ...

  10. Heilongjiang targets 11pc economic growth

    Posted May 22nd 2009, 12:00am by Carol Chan

    ... industrial bases in the region and the 4 trillion yuan (HK$4.5 trillion) economic stimulus package. The continued adjustment of the province's industrial structure, with an emphasis ... also helped fuel domestic consumption, Mr Li added. Last year, Heilongjiang's GDP reached 831 billion yuan, representing an increase of 11.8 per cent from a year earlier. To maintain ...




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