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  • July 26, 2014
  • Last updated: 12:45am
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Results 1 - 10 of 81 for offshore yuan trading

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  1. Business - Commodities - ACQUISITIONS

    Brightoil eyes assets of oil firms leaving China

    Posted Jul 17th 2014, 01:22am by Eric Ng

    ... shareholders yesterday approved the company's US$8.35 billion acquisition of minority stakes in two mature offshore oilfields about 100km southeast of Tianjin from United States oil firm Anadarko ... expanded into oil and gas production to balance its volatile and sometimes loss-making oil trading and shipping operations. ...

  2. Business - China Business - ACQUISITIONS

    Citic Pacific to provide investors with details on 226.9b yuan asset deal

    Posted May 14th 2014, 01:20am by Eric Ng

    ... was done to justify the deal's 226.9 billion yuan (HK$282.3 billion) price tag. Analysts said they would also seek more details on the non-listed assets to be bought, especially its properties ... with completion expected by August 29. Steel-to-property conglomerate Citic Pacific last month agreed to pay 226.9 billion yuan for a basket of assets from Citic Group, so that 99 per cent ...

  3. Property - Hong Kong & China - ACQUISITIONS

    Chinese developers to remain cautious on buying land

    Posted Jul 09th 2014, 05:02am by Langi Chiang

    ... sales revenues to replenish land reserves, down from 34 per cent last year. Vanke's land spending shrank to 11 billion yuan (HK$13.8 billion) from 28 billion yuan during the period, while contracted sales bucked the trend and jumped to 101 billion yuan from 84 billion yuan. Looking ahead to the second half, "developers will pick up their interest in buying land but will remain ...

  4. Business - China Business - ACQUISITIONS

    Overseas Chinese investment set to fall 9pc this year

    Posted Jul 11th 2014, 01:31am by Benjamin Robertson

    ... to be wary of potential push back from national governments worried about cyber espionage and overreliance on a single trading partner, the report suggested. "While China's US$4 trillion ...

  5. Property - International - ACQUISITIONS

    Hong Kong-listed Kai Yuan buys Paris Marriott Hotel Champs-Elysees hotel

    Posted Jun 18th 2014, 01:14am by BLOOM

    ... Agencies HK-listed Kai Yuan pays €344.5m for five-star property to capitalise on city's tourism appeal Paris hotel deal a bet on mainland big spenders A Hong Kong investment company has agreed to pay €344.51 million (HK$3.61 billion) for the five-star Paris Marriott Hotel Champs-Elysees, as it targets mainland tourists' desire for luxury travel. Kai Yuan Holdings ...

  6. Business - Banking & Finance - ACQUISITIONS

    OCBC chief Samuel Tsien confident on Wing Hang deal schedule

    Posted Jun 30th 2014, 01:40am by George Chen

    ... the yuan as a global currency was also part of the reason why OCBC was keen to acquire Wing Hang. "Hong Kong's yuan market is much bigger than Singapore, so we want to make Wing Hang a very attractive platform for yuan-related businesses for OCBC clients," Tsien said. Follow the reporter on Twitter: @george_chen ...

  7. Business - China Business - ACQUISITIONS

    Speculation on Tencent interest fuels rise in SMI Culture shares

    Posted Jun 12th 2014, 01:10am by BIEN PEREZ AND LANGI CHIANG

    ... at midday before the company requested a halt to its trading at 1pm. It was the highest that the stock reached since closing at HK$1.06 on March 13. The movement in the share price was apparently ... movie and television programme production and distribution, television advertising sales, mobile digital content delivery and magazine publishing. Formerly known as Qin Jia Yuan Media Services, ...

  8. Business - China Business - ACQUISITIONS

    Fosun bolsters China's film world clout with deal to buy into Studio 8

    Posted Jun 24th 2014, 05:58am by Sophie Yu

    ... invest as much as 50 billion yuan (HK$63.03 billion) to build the world's largest film and television industry project in China. The conglomerate- owned by the mainland's richest ...

  9. Business - Money - ACQUISITIONS

    Chongqing broker Southwest Securities buys Tanrich for HK$700m

    Posted Jun 14th 2014, 04:19am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Chongqing broker takes over Tanrich Financial Southwest Securities has become the latest mainland brokerage to acquire a Hong Kong rival, after the trading arm ... to take over Hong Kong-traded Tanrich Financial Holdings for an undisclosed amount. The company said its overseas subsidiary, Southwest Securities International Investment, would acquire Tanrich. ...

  10. Business - China Business - ACQUISITIONS

    Alibaba acquires rest of UCWeb to boost mobile offerings

    Posted Jun 12th 2014, 01:10am by BLOOM

    ... to a filing in May. Florence Shih, a spokeswoman for Alibaba, confirmed Alibaba is buying the rest of UCWeb. UCWeb intends to boost spending by 67 per cent to five billion yuan (HK$6.3 billion) ...




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