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Results 1 - 10 of 577 for offshore yuan trading

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  1. Mainland banks seen safe from yuan fallout

    Posted Jul 25th 2005, 12:00am by Staff Reporter

    ... in large active trading in the offshore currency forward market. ... Bei Hu Access to range of hedging instruments tipped to shield lenders from forex risks The yuan's slight appreciation against the US dollar on Thursday will not immediately dent ...

    http://www.scmp.com/article/509580/mainland-banks-seen-safe-yuan-fallout
  2. Transport venture sets sights on oil imports

    Posted Jan 01st 2005, 12:00am by Annette Chiu

    ... is the second-largest shareholder in the venture, with 16 per cent, while the remaining 2 per cent will be held by China National Offshore Oil Corp, China National Petroleum Corp and China National Chemicals Import and Export Corp. According to media reports, the joint venture has a registered capital of 2.2 billion yuan with a net asset value of about 6.5 billion yuan. 'We signed the agreement ...

    http://www.scmp.com/article/483885/transport-venture-sets-sights-oil-imports
  3. Questions as brokerage folds

    Posted May 23rd 2005, 12:00am by Mark O'Neill

    ... that brought down China's fifth-largest brokerage, leaving 20 billion yuan in debt and a lawsuit against four executives for funnelling US$780 million offshore. On May 10, the China Securities Regulatory Commission (CSRC) revoked the licence of China Southern Securities, one of the biggest names in the brokerage industry, with revenue last year of 711 million yuan and more than 80 branches ...

    http://www.scmp.com/article/501588/questions-brokerage-folds
  4. Beijing slashes taxes on share trade

    Posted Jun 14th 2005, 12:00am by Jamil Anderlini

    ... remained sceptical. The Shenzhen and Shanghai stock exchanges are trading at near eight-year lows. The Ministry of Finance and the CSRC jointly announced that tax liabilities on shareholder ... of 3.48 trillion yuan at the end of March, but only 1.1 trillion yuan of this was tradable on the Shenzhen and Shanghai exchanges. The non-tradable equity looms over the markets. Investors know ...

    http://www.scmp.com/article/504423/beijing-slashes-taxes-share-trade
  5. Ad agency Qin Jia Yuan plans to raise $128m

    Posted Jul 30th 2005, 12:00am by Staff Reporter

    ... Fiona Lau Trading in shares of advertising agency Qin Jia Yuan Media Services was suspended yesterday pending an announcement relating to a share placement. The company planned to raise $128.1 million to set up a mainland advertising agency joint venture, sources said. The sources said Qin Jia Yuan would place a topped-up batch of 70 million shares at $1.83 each, an 8.5 per cent ...

    http://www.scmp.com/article/510231/ad-agency-qin-jia-yuan-plans-raise-128m
  6. Mainland brokerage losses top 15b yuan

    Posted Jun 15th 2005, 12:00am by Jamil Anderlini

    ... at least 15 billion yuan last year despite an increase in trading volumes. A 15 per cent drop in the main stock index and an unofficial suspension of initial public offerings since August last year ... Association survey showed a 27 per cent increase in trading volume for 114 of the country's 130-plus brokerages that participated. However, the same 114 firms lost a combined 15 billion yuan once ...

    http://www.scmp.com/article/504488/mainland-brokerage-losses-top-15b-yuan
  7. ICBC writes off bad loans of 60b yuan

    Posted Jan 13th 2004, 12:00am by Christine Chan

    ... Christine Chan Earnings at Industrial and Commercial Bank of China (ICBC) were 2.1 billion yuan last year after the mainland's biggest bank wrote down a hefty 60 billion yuan in bad loans. The huge write-off was made possible by a 40 per cent surge in operating income to 62.1 billion yuan, helped by higher fee-based income and returns from treasury trading. ICBC's bad ...

    http://www.scmp.com/article/441113/icbc-writes-bad-loans-60b-yuan
  8. Sino-US trade tensions drive stocks down 1.4pc

    Posted May 18th 2005, 12:00am by Staff Reporter

    ... Anette Josson Investors also start to worry about capital outflows as speculation over revaluation of the yuan cools off Shipping-related counters took the lead in yesterday's sell-off as investors worried about souring trade relations between China and the United States after the latter imposed new import quotas on selected textile products from the mainland over ...

    http://www.scmp.com/article/501004/sino-us-trade-tensions-drive-stocks-down-14pc
  9. Zhejiang Glass in share sale to raise 1.5b yuan

    Posted Jan 06th 2005, 12:00am by Denise Tsang

    ... Denise Tsang Zhejiang Glass, one of the mainland's largest flat-glass makers, plans to raise about 1.5 billion yuan by selling A shares for the first time to pay for ambitious expansion plans. Analysts say the Zhejiang-based company aims to add three downstream production lines at a combined cost of 750 million yuan, with a further 650 million yuan to be spent ...

    http://www.scmp.com/article/484360/zhejiang-glass-share-sale-raise-15b-yuan
  10. Zhejiang Glass in share sale to raise 1.5b yuan

    Posted Jan 06th 2005, 12:00am by Denise Tsang

    ... glass Denise Tsang Zhejiang Glass, one of the mainland's largest flat-glass makers, plans to raise about 1.5 billion yuan by selling A shares for the first time to pay for ambitious expansion plans. Analysts say the Zhejiang-based company aims to add three downstream production lines at a combined cost of 750 million yuan, with a further 650 million yuan to be spent ...

    http://www.scmp.com/article/484443/zhejiang-glass-share-sale-raise-15b-yuan

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