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Results 1 - 10 of 25 for offshore yuan trading

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  1. Business - Banking & Finance - ACQUISITIONS

    ICBC buys 60 pc of Standard Bank's markets unit

    Posted Jan 30th 2014, 05:01am by Bloomberg

    ... there as the city sought to become an offshore hub for trading the currency. ... Bloomberg in Johannesburg Chinese lender looks to expand in commodities and currency trading through the US$765m deal to acquire the London-based operations ICBC buys 60 pc of Standard ...

    http://www.scmp.com/business/banking-finance/article/1416995/icbc-buys-60-pc-standard-banks-markets-unit
  2. Business - Commodities - ACQUISITIONS

    Kingdream buys China Petrochemical unit for 1.6b yuan

    Posted Sep 18th 2014, 05:57am by Eric Ng

    ... machinery business into its Shenzhen-listed drilling equipment and chemicals manufacturing unit, Kingdream, for 1.6 billion yuan (HK$2 billion). Kingdream had agreed to buy all of China ... drill bits to a wider array of products used in both onshore and offshore oil and gas drilling and transportation," Kingdream said. "It will improve our product structure and expand ...

    http://www.scmp.com/business/commodities/article/1594869/kingdream-buys-china-petrochemical-unit-16b-yuan
  3. Property - Hong Kong & China - ACQUISITIONS

    China South City buys 8 parcels in Xian for 1.48b yuan

    Posted Aug 05th 2014, 11:09am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China South City (CSC), a mainland developer of logistics property and trade centres, has bought the land use rights of eight parcels in Xian in Shaanxi province for a total of 1.48 billion yuan (HK$1.86 billion). The total area of the site is 893,271 square metres, with attributable gross floor space of about 2 million sq metres, a company filing ...

    http://www.scmp.com/property/hong-kong-china/article/1566816/china-south-city-buys-8-parcels-xian-148b-yuan
  4. Business - Commodities - ACQUISITIONS

    China Molybdenum looks for more overseas mining acquisitions

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... grades require more molybdenum," he said. "China's increasing demand for high-strength alloys, used from offshore drilling platforms to oil pipelines, and molybdenum chemicals used ... of next year, Li said, after a World Trade Organisation panel determined in March that the country did not adequately justify its restrictions. ...

    http://www.scmp.com/business/commodities/article/1577201/china-molybdenum-looks-more-overseas-mining-acquisitions
  5. 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 ...

    http://www.scmp.com/business/china-business/article/1511585/citic-pacific-provide-investors-details-2269b-yuan-asset
  6. 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. ...

    http://www.scmp.com/business/commodities/article/1555501/brightoil-eyes-assets-oil-firms-leaving-china
  7. Business - Money - ACQUISITIONS

    Sunac China shares plunge amid talks to buy 30 per cent of Greentown

    Posted May 17th 2014, 02:02am by Langi Chiang

    ... the acquisition will influence the two companies' credit profiles," global ratings agency Standard & Poor's said yesterday. "We expect [Sunac] to gradually expand its offshore ... had sufficient liquidity to finance the deal, which was not likely to affect its ratings. Sunac had 16 billion yuan (HK$20.1 billion) of cash equivalents and restricted cash at the end of last ...

    http://www.scmp.com/business/money/markets-investing/article/1513849/sunac-china-shares-plunge-amid-talks-buy-30-cent
  8. 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, ...

    http://www.scmp.com/business/china-business/article/1530397/speculation-tencent-interest-fuels-rise-smi-culture-shares
  9. Business - Companies - ACQUISITIONS

    Tencent expansion in Asia may be bolstered by Kakao connection

    Posted May 27th 2014, 01:34am by BIEN PEREZ

    ... across Asia," Guotai Junan International analyst Ricky Lai said yesterday. Shenzhen-based Tencent, Asia's largest-listed internet company, invested 403 million yuan (HK$500 million) ... of Kosdaq-traded Daum. Under a deal worth more than 3 trillion won (HK$22.8 billion), Daum will issue 43 million new shares to Kakao, the shareholders of which will own about 60 per cent of the merged ...

    http://www.scmp.com/business/companies/article/1519819/tencent-expansion-asia-may-be-bolstered-kakao-connection
  10. Business - Commodities - ACQUISITIONS

    China oil giants change focus after spending spree

    Posted May 12th 2014, 02:58am by Eric Ng

    ... of Canada's Nexen boosted the total to US$33 billion. Dominant offshore oil and gas producer CNOOC paid a 61 per cent premium to take full control of Nexen, and this was largely to blame for its ... and Wang Ying said in a research report CNOOC's South American operation- primarily Bridas- posted a net loss of 1.97 billion yuan (HK$2.45 billion) last year. Its Canadian operations- ...

    http://www.scmp.com/business/commodities/article/1510164/china-oil-giants-change-focus-after-spending-spree

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