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  1. 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 ...

  2. Exchanges unite to take on dark pools

    Posted Apr 23rd 2012, 12:00am

    ... Arculli said. In the United States and Europe the volume of trading done in dark pools and on other private electronic trading platforms had begun to erode turnovers of traditional exchanges, ...

  3. 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 ...

  4. China United woos foreign talent

    Posted Sep 22nd 2003, 12:00am by Staff Reporter

    ... State-owned telephone company China United Telecommunications Group is broadening a 'help wanted' campaign to attract foreign talent with overseas experience to fill ... international expansion ambitions. Last week, China United, together with five other state-owned companies such as Aluminum Corp of China parent China Aluminum and Sinotrans parent China National ...

  5. More state help on the way for ICBC

    Posted Apr 23rd 2005, 12:00am by Staff Reporter

    ... will be followed by further state-funded efforts to rid the bank of its non-performing loans (NPLs), which constituted 19 per cent of its lending portfolio at the end of last year, to prepare ... to criticism that the 2003 bailout of BOC and CCB constituted wasteful use of government assets and would encourage moral hazard. The US$15 billion in foreign reserves pledged this week ...

  6. Sale of unlocked shares by state firms clouds outlook for market

    Posted Nov 21st 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai State-owned companies are taking advantage of the strong stock market rally by increasing their sale of formerly locked-up shares, a sell-off that clouds the outlook ... structures in 2005, requiring the state-owned parents of listed firms to offer compensation to holders of tradable equities in exchange for the right to unlock their massive shareholdings. Before ...

  7. Hope for stocks despite dismal economic outlook

    Posted Sep 05th 2011, 12:00am

    ... Tom Holland Ever since the credit crunch began to bite in the late summer of 2007, policymakers in the Western world have been haunted by the fear that the United States is following the trajectory of Japan in the 1990s, and that the world's largest economy is heading for a lost decade of its own. Today those fears are looking increasingly justified. Despite record deficit ...

  8. HSI gains 17pc on month as recovery hopes swell

    Posted May 30th 2009, 12:00am by Nick Westra

    ... year's low on March 9 after the rally snowballed following an improvement in leading economic indicators both across the border and in overseas markets such as the United States and Germany. ...

  9. Sasac plans probe of state firms' big investments

    Posted Feb 11th 2009, 12:00am by Staff Reporter

    ... on the capital risk exposure of the companies to unveil hidden risks before substantial losses occur, Xinhua reported. The finance operating units of state firms, a conduit for most capital raising ... Woods Lee and Adam Chen in Beijing Risk exposure and losses a concern The state assets watchdog will launch a nationwide probe of big investments and acquisitions by state ...

  10. China Life Insurance intending to buy stakes in two state lenders

    Posted Mar 10th 2008, 12:00am by Carol Chan

    ... was better. Both Agricultural Bank, one of the country's Big Four state lenders, and China Development Bank, one of its three policy lenders, will undergo restructuring and prepare for listings. China Life and its state-owned parent, China Life Insurance (Group), have already invested in nine mainland banks, including a 20 per cent stake in Guangdong Development Bank, in which Citigroup ...




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