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  • October 1, 2014
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  1. Country Garden surges on bond vow

    Posted Feb 19th 2008, 12:00am by Peggy Sito

    ... the firm's long-term confidence in its stock. The conversion price of HK$9.05 indicated the growth potential of the share price, he said. Mr Chow said Country Garden had planned to issue convertible ... Peggy Sito Shares in Country Garden Holdings surged 11.48 per cent yesterday after the company promised to buy back 50 per cent of its US$500 million convertible bond issue. The mainland ...

  2. Business - Banking & Finance - SECURITY

    Xi Jinping's security commission to also tackle financial industry

    Posted Jan 28th 2014, 04:30am by George Chen, Teddy Ng

    ... compare our efforts with some big Western countries, our leaders believe we still have a lot more to do with financial security, which is proving to be a serious threat not just to China but also to other countries amid the growing trend for economic globalisation." Shi Yinhong, an international relations professor at Renmin University, said representatives from the financial sector ...

  3. Public scales to be installed at all Link markets before October

    Posted Aug 28th 2008, 12:00am by Staff Reporter

    ... markets,' said Cissy Tsang Yuk-ying, head of market development for The Link. 'We had planned to install some more later on, but now we have speeded up their installation.' She said ...

  4. Home rents to drop at top end of town

    Posted Dec 20th 2011, 12:00am

    ... announced plans to reduce staff worldwide. HSBC, Hong Kong's biggest bank by deposits, will cut 3,000 jobs in the city over the next three years as part of its plan to trim expenses throughout ...

  5. Sohu unit ready to play the IPO game

    Posted Aug 09th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Undaunted by the current poor appetite among investors for Chinese information technology companies, mainland web game developer 7Road.com flagged a plan this week to list American depository receipts (ADRs) in the United States. 7Road.com is a subsidiary of the mainland's online game developer and operator Changyou.com, which in turn ...

  6. Ping An eyes?2b acquisition of Fortis unit

    Posted Mar 13th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu and Tim LeeMaster Ping An Insurance (Group) might acquire an investment unit of Fortis for about Euro2 billion (HK$24.02 billion), sources said. Ping An is the mainland's ... at its Asia-Pacific private wealth management unit based in Hong Kong. It also formed the mainland's first private equity fund management company with Haitong Securities. The insurer ...

  7. Ping An jumps after finalising plan to buy into Fortis unit

    Posted Apr 04th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Shares of Ping An Insurance (Group) posted their biggest advance in two months yesterday after the company finalised its plan to buy half of Fortis Group's asset management business. Ping An's shares in Hong Kong jumped 7.41 per cent after dropping by almost a third since the company announced the jumbo refinancing plans in mid-January. Its ...

  8. Phoenix unit targets US$205.6m

    Posted Apr 29th 2011, 12:00am

    ... and US$14 in its spin-off listing in the United States. In a filing with the US Securities and Exchange Commission, the Beijing-based company says it expects to raise as much as US$205.6 million ... owned by wireless network giant China Mobile and Xin Kong Chuan Mei Group, a unit of News Corp's Star TV Group. Phoenix TV, which controls 62.44 per cent of Phoenix New Media, will retain ...

  9. Country set to ride out market storm and 'sustain growth'

    Posted Jan 26th 2008, 12:00am by Martin Donovan

    ... Those monitoring this growth on behalf of Hong Kong investors acknowledge that India's tech and outsource sector may not wholly escape the credit-crunch fallout in the United States. ...

  10. National coal exchange planned to raise efficiency, openness

    Posted Jul 19th 2008, 12:00am by Eric Ng

    ... the underdeveloped part of the supply chain. 'If you look at countries with major coal industries such as the United States, Australia, South Africa and Colombia, you will find that their exchanges do ... Eric Ng Beijing plans to establish a national coal trading exchange to enhance market transparency and reduce surcharges by intermediaries, but industry executives and analysts say a spot ...




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