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  • September 24, 2014
  • Last updated: 5:34am
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Results 1 - 10 of 19 for state-owned enterprise

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  1. Business - China Business - EQUITIES

    China Resources Power drops after president’s departure amid graft probe

    Posted Sep 22nd 2014, 01:29pm by Eric Ng

    ... after the market opened. CR Power is the power generation subsidiary of state-owned retailing-to-energy conglomerate China Resources (Holdings). “The market’s reaction is bigger than expected, ... of senior government officials and state enterprise executives detained to assist investigations into alleged corruption. Former CR Power chairmen Song Lin and Wang Shuaiting have been detained ...

  2. Business - Money - EQUITIES

    Value Partners stock picker Cheah Cheng Hye bullish on China

    Posted Aug 06th 2014, 02:43pm by Bloomberg

    ... gain of about 15 per cent for the Shanghai Composite Index by the end of the year. While the anti-corruption measures may be a short-term drag on growth, they will make state-owned enterprises ...

  3. Business - Money - EQUITIES

    China's stocks face big decline this year, says Bank of America strategist

    Posted Jul 18th 2014, 02:57am by BLOOM

    ... to outperform in falling markets. He also favours shares of some state-owned firms that stand to benefit from government efforts to introduce more private investment in the oil and gas industry, ... Investor magazine, says the state spending and monetary stimulus that drove a 14 per cent rally in the Hang Seng China Enterprises Index from this year's low in March are only making equities ...

  4. Business - Money - EQUITIES

    Hydoo shares close down 34pc after chairman Wong Choihing disappears

    Posted Jul 19th 2014, 01:58am by Toh Han Shih

    ... the operations of the group remain normal," Hydoo said yesterday. The cornerstone investors of Hydoo's offering included state-owned China Huarong Asset Management which invested HK$250 million for a 2.9 per cent stake, and state-owned China Taiping Insurance Group which invested HK$100 million for a 1.74 per cent stake. ...

  5. Business - Money - EQUITIES

    Telstra announces A$1 billion share buy-back as net profit jumps 14pc

    Posted Aug 15th 2014, 01:09am by Reuters

    ... the sale of its fixed-line assets to the government for A$11 billion to form the basis of a A$37.4 billion National Broadband Network. That network is enabling the former state-owned company ...

  6. Business - Money - EQUITIES

    Not too late to buy into mainland rally, says investor Mark Mobius

    Posted Jul 26th 2014, 01:39am by BLOOM

    ... favours state-owned banks and energy companies because of their cheap valuations and the government's plans to open up state-dominated industries. An extension of the rally would give ... Jinping pushes to increase the role of private investors in state-owned companies. Templeton's holdings include shares of Beijing-based PetroChina, Guangzhou Automobile, China Merchants Bank ...

  7. Business - Companies - EQUITIES

    Champion Technology shares halted pending takeover announcement

    Posted Sep 02nd 2014, 10:21am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Trading in shares of Champion Technology, a Hong Kong-listed communication software company, was halted on Tuesday morning, pending the announcement of a possible takeover of its subsidiary, Digitalhongkong.com. Digitalhongkong.com, a provider of outsourcing services for internet commerce, has been listed on the Growth Enterprise Market since April ...

  8. Business - Companies - EQUITIES

    China Petrochemical to buy back 2pc stake in Sinopec

    Posted Nov 06th 2013, 03:20pm by Reuters

    ... back a 2 per cent stake in the subsidiary over the next year, in an apparent move to support the mainland’s sagging stock market. The state-owned parent started the purchase on Tuesday, buying ... China’s Central Huijin Investment, the government’s main holding firm for state-owned financial companies, has continuously bought A shares in the country’s top four state-owned banks over ...

  9. Business - Commodities - EQUITIES

    Chalco shares soar as parent wins nod for rare earth firm

    Posted Aug 06th 2014, 07:16pm by Eric Ng

    ... In addition, it has reached preliminary co-operation agreements with two of the three remaining rare earth enterprises in Jiangsu that are foreign-owned. But CLSA head of resources research Andrew ...

  10. Business - Money - EQUITIES

    Australia market sizzles as firms rush to float

    Posted Jun 03rd 2014, 01:30am by Reuters

    ... is the planned sale of state-owned health insurer Medibank Private, due to list before the end of June next year. If both proceed, this year will be the biggest for Australian initial public offerings ...




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