• Wed
  • Sep 3, 2014
  • Updated: 2:35am

Equity Financing

Henan Chuying to grow organic pork business

Mainland poultry and livestock firm Henan Chuying Agro-Pastoral plans to spend four billion yuan (HK$4.74 billion) to set up a 400,000-hectare organic pig farm in Henan province.

Monday, 21 March, 2011, 12:00am

Rights issue targets China's 10m new homes

China State Construction International Holdings plans to raise at least HK$3.58 billion through a rights issue to build more infrastructure projects on the mainland, the firm announced yesterday.

Shares of the construction firm, a subsidiary of state-owned China Overseas Holdings, fell 2.8 per cent to HK$7 yesterday.

19 Mar 2011 - 12:00am

Plan to raise listing threshold on banks

Beijing plans to raise the listing threshold for the mainland's 143 city commercial banks, a move to bar most of them from floating initial public offering shares.

But this will not affect Bank of Shanghai which is set to list on the Shanghai Stock Exchange this year, eyeing a net 20 billion yuan (HK$23.7 billion) to replenish capital.

16 Mar 2011 - 12:00am

Hilong Holdings eyes HK$1.48b IPO to expand

Hilong Holding, China's largest supplier of oil and gas drill pipes, plans to raise up to HK$1.48 billion in a Hong Kong initial public offering to expand production and service capacity and retire debt.

11 Mar 2011 - 12:00am

Debt-ridden Sunac 'scraps bond sale'

Sunac China Holdings, an indebted mainland property developer whose chairman has a checkered past, has cancelled a planned bond sale, two sources involved in the transaction said.

Tianjin-based Sunac joined the Hong Kong stock exchange last October, after at least two previous attempts at an initial public offering dating back to 2004.

9 Mar 2011 - 12:00am

Fugitive CEO arrested in Guizhou

China Forestry Holdings says its former chief executive, Li Hanchun, was arrested last week in Guizhou province for allegedly embezzling 30 million yuan (HK$35.5 million).

3 Mar 2011 - 12:00am

Everbright Bank pushes plan to sell H shares

China Everbright Bank plans to list in Hong Kong, raising as much as HK$47 billion and setting the trend for many other smaller banks in need of capital.

22 Feb 2011 - 12:00am

Official media court investors in the quest for internet influence

The websites of the mainland's three main official media - People's Daily, Xinhua and China Central Television - are accelerating on the road to the stock market in an effort to better compete with commercial news portals.

16 Feb 2011 - 12:00am

Wharf stock edges up despite dilution fear

Shares of Wharf (Holdings) edged up yesterday despite Thursday's announcement of a potential HK$10.05 billion rights issue that could hurt earnings per share.

12 Feb 2011 - 12:00am

Shaw Brothers' stake in TVB fetched HK$6.26b

An investor group led by local dealmaker Charles Chan Kwok-keung paid HK$6.26 billion for Shaw Brothers' stake in Television Broadcasts (TVB) last Wednesday, according to the Hong Kong Exchanges and Clearing website.

2 Feb 2011 - 12:00am

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