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  • November 21, 2014
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  1. China National Coal manager under probe

    Posted Jan 28th 2010, 12:00am by Eric Ng

    ... Eric Ng A top manager at China National Coal Group Corp has reportedly been arrested for gambling with company money in Macau. Zhang Baoshan, one of three deputy general managers at the nation's second largest coal producer, was arrested last month for allegedly taking funds from G-Ocean Energy Group, a subsidiary of China National Coal, and gambling with it in Macau, according ...

  2. Legend, property unit advance date for double listing

    Posted Feb 21st 2011, 12:00am by Staff Reporter

    ... for computers. Digital China, the nation's largest integrated information-technology services provider which listed in Hong Kong in 2001, has estimated that its revenue, operating profit ...

  3. Partners in talks to split China United assets

    Posted Jul 30th 2008, 12:00am by Eric Ng

    ... Eric Ng China National Coal Group, parent of listed China Coal Energy, is in talks with PetroChina on splitting the assets of their joint venture, China United Coalbed Methane, due ... United's exploration assets should be commercialised in the quickest way possible,' Mr Jing said. 'PetroChina and China National Coal are negotiating in coordination with the National ...

  4. ICBC in the race to buy stake in AXA insurance unit

    Posted Jul 15th 2010, 12:00am by Staff Reporter

    ... unit, the official Shanghai Securities News reported yesterday. ICBC aims to acquire a controlling stake in the Shanghai-based AXA-Minmetals Assurance as part of its plan to tap ... of the nation's total. The market share was 3.99 per cent in 2008 and 6.23 per cent in 2007, according to the China Insurance Regulatory Commission. Many of the foreign insurers entered the mainland ...

  5. Ping An bid to merge bank unit with SDB

    Posted Jul 01st 2010, 12:00am by Staff Reporter

    ... Jane Cai in Beijing Ping An Insurance (Group), the mainland's second-largest insurer, is in talks to merge its banking unit with Shenzhen Development Bank as a step towards becoming ... in SDB after the merger, which will lay the foundation for comprehensive cooperation in the future.' Ping An is in the process of buying a 29.99 per cent stake in SDB, the nation ...

  6. News Corp unit plans first joint production venture with CCTV

    Posted Feb 16th 2005, 12:00am by Staff Reporter

    ... Sidney Luk National Geographic Channel takes advantage of relaxation in mainland rules to make pay-TV programmes China Central Television (CCTV) and News Corp's partly owned National ... Administration of Radio, Film and Television. 'The planned venture is only the beginning,' a source familiar with the talks said. 'National Geographic is also exploring other opportunities ...

  7. CVC unit aims to seal three mainland acquisitions this year

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster CVC Asia Pacific, the regional unit of United States buyout company CVC Capital Partners which opened a Beijing office last week, hopes to have three more mainland deals ... high profile individuals, such as Fang Fenglei, who helped Goldman Sachs set up its mainland securities unit, and former Merrill Lynch head of China Wilson Feng, are organising yuan-denominated ...

  8. China Life to increase holding in fund unit

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu China Life Insurance, the mainland's largest life insurer, will inject 1.85 billion yuan (HK$2.07 billion) into its pension fund unit to expand its fledging enterprise ... insurance regulator. 'Despite progress at the National Social Security Fund, enterprise annuities on the mainland are still developing at a relatively slow pace,' said Core ...

  9. Coli may spin off construction unit to sharpen focus

    Posted Jan 21st 2004, 12:00am by Peggy Sito

    ... its construction unit to focus its resources on the fast-growing property development business in China. The red chip said it was considering the possibility of combining all or part of its construction business with the construction units of its parent, China Overseas Holdings, to form a new entity. China Overseas holds 58 per cent of Coli. The new entity is expected to be separately ...

  10. Small nation leads European direct investment in the SAR

    Posted Apr 30th 2005, 12:00am by Michael Taylor

    ... Kong. Overall, the country's share accounted for 8.7 per cent at the end of 2003, putting it ahead of the United States, Census and Statistics Department figures reveal. It is also one ... has always been a trading nation,' he said. The Netherland's national airline, KLM. ...




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