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  1. Modern Media targets HK$141m in initial offering

    Posted Aug 28th 2009, 12:00am by Staff Reporter

    ... of the year,' said founder and chairman Shao Zhong. Media consultant firm ZenithOptimedia said China's advertising market would outperform most of the developed countries in coming years, ... Fulton Mak and Wong Ka-chun Modern Media Holdings has become the latest company to tap the revived appetite for initial public offerings. The Guangzhou-based magazine publisher is raising ...

  2. China Broadband takes HK$420m slice of mainland media firm

    Posted Jan 15th 2008, 12:00am by Elaine Chan

    ... Elaine Chan China Broadband Capital Partners has taken a 23 per cent stake in a Hong Kong-listed mainland media firm as part of the private equity fund's strategy to invest in sectors that will leverage broadband technology and media. The fund is run by former China Netcom Group Corp chief executive Edward Tian Suning. The HK$420 million Asian Union New Media (Group) deal is China ...

  3. Modern Media seeks HK$100m from share sale

    Posted Aug 17th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Modern Media Holdings, a Guangzhou-based magazine publisher, plans to raise at least HK$100 million on the Hong Kong main board next month to strengthen its capital reserves ... The public offering will open for local investors to place orders in the first week of September, while trading is scheduled to start in the middle of next month. Modern Media owns two weekly and six ...

  4. Events

    Posted Aug 06th 2011, 12:00am

    ... of Commerce breakfast: 'Life cycle of a carbon credit- Carbon marketing and unlocking the power of social media'. ... there any truly private bank in China?'. Thursday, August 18: HKTDC evening: 'New business opportunities under China's 12th five-year programme'. Thursday, August 25: Hong Kong ...

  5. China pension fund sells HK$153m in bank stocks

    Posted Feb 14th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com The National Social Security Fund has sold about HK$153 million worth of shares in Industrial and Commercial Bank of China and Bank of China, according to announcements on the Hong Kong stock exchange. The mainland pension fund sold 16 million BOC shares at an average of HK$3.356 each and 18 million ICBC shares at an average of HK$5.508 each. The sale cut ...

  6. Reward offered to track down banker in 26m yuan theft

    Posted Dec 08th 2007, 12:00am by Staff Reporter

    ... of the Agricultural Bank of China. Zhang Yanpeng, 46, was director of a sub-branch in Daqing and made off with the funds on May 19, a statement on the Ministry of Public Security's website said. ... to senior staff, implicated in theft or embezzlement. Despite the authorities' repeated pledges to clean up banking and accounting, the thefts continue. Official media reported that about 4,000 ...

  7. Reporting this week

    Posted Aug 06th 2012, 12:00am

    ... MGM China Holdings, Mongolian Mining Corp, Qin Jia Yuan Media Services, San Miguel Brewery Hong Kong Wednesday 1st Quarter: Semiconductor Manufacturing International Corp Interim: Advanced Semiconductor Manufacturing Corp, Beijing North Star, Cathay Pacific Airways, China.com, Chong Hing Bank, Focus Media Network, Hong Kong Exchanges and Clearing, Liu Chong Hing Investment, NagaCorp, SJM ...

  8. Beijing to foster HK-Shenzhen ties

    Posted Jun 29th 2012, 12:00am

    ... Lulu Chen and Enoch Yiu China is poised to announce measures promoting the integration of Hong Kong and Shenzhen, after issuing its fourth and largest batch of sovereign bonds in Hong Kong ... confirm the city as an offshore yuan trading centre. Overseas central banks can access the mainland onshore interbank bond market with the approval of the People's Bank of China. But Liu said ...

  9. Sex and fiddling the figures spell downfall of China Mobile official

    Posted Jan 08th 2010, 12:00am by Raymond Li

    ... Raymond Li A cocktail of sex and financial irregularities has brought down another high-ranking mainland official- a former vice-chairman of China Mobile, Zhang Chunjiang. Zhang, a vice-ministerial level official, was detained late last month for financial irregularities and keeping mistresses, the latest edition of Caijing Magazine reported. He was removed from his position at China ...

  10. Shares fall as plan for subsidies on hold

    Posted Feb 14th 2012, 12:00am

    ... reported by mainland media, including state broadcaster CCTV. This meant it had also probably caught the attention of the central government, which was still concerned about property speculation. ... plan in October to allow residents to buy another home if it cost less than 7,500 yuan per square metre. Yesterday, mainland property stocks reacted negatively to the news with Greentown China ...




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