• Fri
  • Aug 1, 2014
  • Updated: 7:16pm

Jinchuan Group

China Nonferrous presses ahead with HK$2.4b IPO

China Nonferrous Mining, an overseas unit of state-owned China Nonferrous Metal Mining (Group), is pushing ahead with an initial public offering of shares in Hong Kong today amid plans to raise output of its mainstay blister copper product by 80 per cent in five years.

Wednesday, 20 June, 2012, 12:00am

Profits at state enterprises decline 42pc

Earnings of top state-owned enterprises dropped 42 per cent year on year in the first three months to 119.5 billion yuan (HK$135.66 billion), narrowing from 53 per cent in the first two months, the State-owned Assets Supervision and Administration Commission said yesterday.

25 Apr 2009 - 12:00am

Firm sales spur Aoyuan profit rise

Guangdong developer China Ao-yuan Property Group yesterday said net profit rose 101 per cent to 602.4 million yuan (HK$671.37 million) last year as strong demand boosted sales and prices.

Profit surpassed the company's forecast of 542 million yuan when it went public in October last year.

17 Apr 2008 - 12:00am

In Brief

Weiqiao Textile to invest US$300m in machinery upgrades

1 Apr 2008 - 12:00am

Jinchuan may fight Zinifex bid for Allegiance

Jinchuan Group, a state-owned mining firm expanding overseas through acquisitions, has urged its Australian partner to reject a hostile takeover offer, in a move analysts that say shows it may make a counter-bid.

12 Jan 2008 - 12:00am

Jinchuan trumps rival in C$214m deal for Tyler

Jinchuan Group, the mainland's largest producer of nickel, cobalt and platinum and a major copper producer, has clinched a deal to buy Canada's Tyler Resources for C$214 million (HK$1.66 billion) as part of the nation's effort to secure long-term metal supplies.

8 Jan 2008 - 12:00am

Largest state enterprises record 37pc fall in profit

Key state enterprises saw their combined profit drop 37.1 per cent year on year in the first two months of the year, according to the State Economic and Trade Commission.

The 511 largest state companies booked profits of 22.98 billion yuan (about HK$21.5 billion) in January and February, down 13.52 billion yuan from a year ago.

4 Apr 2002 - 12:00am

Jiangxi Copper gets green light for new A-share issue

H share Jiangxi Copper has finally been given the green light to issue 230 million new A shares on the Shanghai stock market to finance business expansion after a year-long application.

The company expects to raise more than 473.8 million yuan (about HK$444 million) from the initial public offering (IPO) on the mainland.

20 Dec 2001 - 12:00am