• Wed
  • Sep 17, 2014
  • Updated: 6:49pm

Credit Rating

Logging firm's chief sued over share sale

The Securities and Futures Commission is suing the chief executive of mainland company China Forestry in an attempt to freeze the proceeds of a questionable share sale he carried out just days before the company admitted its auditors had found possible accounting 'irregu

Wednesday, 9 February, 2011, 12:00am

Moody's upgrades display confidence in HK and mainland

Rating agency Moody's Investors Service has upgraded the government bond ratings of Hong Kong and the mainland, signalling their ability to contain possible losses from a credit boom.

12 Nov 2010 - 12:00am

Hutchison credit rating may face downgrade on bond issuance plan

Hutchison Whampoa's credit rating is under review for possible downgrade by Moody's Investors Service, which cited a plan by a Hutchison subsidiary to issue guaranteed perpetual capital securities.

22 Oct 2010 - 12:00am

Country Garden to sell debt for bond buy-back

Guangdong-based developer Country Garden Holdings plans to issue senior notes to buy back convertible bonds and finance property projects in its second debt-selling exercise this year.

5 Aug 2010 - 12:00am

Neo-China falls 43pc as trading resumes

Shares of beleaguered developer Neo-China Land Group plunged 42.83 per cent yesterday when they resumed trading after a hiatus of more than two years.

Shanghai Industrial Holdings earlier announced it had completed the purchase of a controlling stake in the company. The stock fell HK$2.12 to HK$2.83, making it the market's biggest loser of the day.

26 Jun 2010 - 12:00am

Lai See

Next business opportunity is helping him collect royalties

It is not an exaggeration to say that many mainlanders prefer to seek out speculative investment opportunities and engage in opportunistic behaviour to make a fast buck rather than wait for more conservative investments to bear fruit.

20 May 2010 - 12:00am

Lehman claims push up BOCHK operating costs

Operating expenses at Bank of China (Hong Kong) soared 48.6 per cent in the first nine months of last year after it spent HK$3.24 billion to partly settle claims related to the Lehman Brothers minibond debacle.

4 Feb 2010 - 12:00am

Zendai Bund deal prompts Moody's review

Shanghai Zendai Property has requested its shares be suspended from trading after revealing it would pay a record 9.22 billion yuan (HK$10.5 billion) for a prime commercial site on the Bund, a purchase that prompted Moody's to put some of its debt under review.

3 Feb 2010 - 12:00am

CTI, i-Cable shares rise over free-to-air plans

Shares of i-Cable Communications and City Telecom (CTI) soared yesterday after both firms said they planned to offer free-to-air television services in Hong Kong, breaking the duopoly long held by Television Broadcasts and Asia Television.

5 Jan 2010 - 12:00am

Meadville surges 42pc on TTM deal

Meadville Holdings, majority-owned by the family of Chief Secretary Henry Tang Ying-yen, was the biggest gainer on the Hong Kong stock market yesterday on news it would delist and sell its printed circuit board business to Nasdaq-listed TTM Technologies for US$521 million.

18 Nov 2009 - 12:00am