Secondary Issuance

Vanke sees stellar year despite price curbs

China Vanke, Shenzhen's biggest property developer, said it remains confident that earnings will grow at least 30 per cent this year despite ongoing official measures to cool home prices.

Monday, 1 August, 2005, 12:00am

Quiksilver takes big leap of faith in the mainland

The world's biggest outdoor skateboard stadium in Shanghai, a star jumping over the Great Wall and a snowboard school offered in the city's indoor ski slope.

This is how a California company listed on the New York Stock Exchange is attacking the Chinese market, riding into town on skateboards and snowboards to persuade consumers to buy its fashion, sportswear and accessories.

1 Aug 2005 - 12:00am

Lai See

Words of wisdom on reits from singapore's most powerful woman

When her father-in-law speaks, everyone listens. When she speaks...

Singapore's most powerful woman, Ho Ching, on Thursday warned that real estate investment trusts (reits) were a high-risk investment product, telling a group of investors these were 'not one-way up-escalators to guaranteed gains'.

30 Jul 2005 - 12:00am

No end in sight to developers' China land-buying spree

Hong Kong's property big guns are continuing their buying assault on second-tier mainland cities.

Spurred by Li Ka-shing's $6.4 billion worth of mainland acquisitions earlier this year through development flagships Hutchison Whampoa and Cheung Kong (Holdings), prominent Hong Kong-based developers are keen to keep up with their competitors.

29 Jul 2005 - 12:00am

Airlines and power firms to gain as debt burden eases

Obvious beneficiaries of the yuan revaluation are companies such as Chinese airlines and power producers burdened with foreign debt, as a stronger yuan will translate into a reduced absolute debt load and lower interest expenses.

The airlines will also benefit from a modest reduction in jet fuel prices when they refuel at foreign airports.

23 Jul 2005 - 12:00am

Vogue printer to build plant in Shanghai joint venture

Hong Kong-listed SNP Leefung Holdings, which holds the contract to print the Chinese edition of Vogue magazine, plans to invest tens of millions of dollars in a new joint venture printing operation in Shanghai.

The women's magazine will be launched in China in September with a target circulation of 300,000 per month, the printing firm's chief executive, Yeo Chee Tong, said.

22 Jul 2005 - 12:00am

In brief

Toy firm confirms arrest of two directors, worker

21 Jul 2005 - 12:00am

Orange grower to show off his IPO produce

Asian Citrus Holdings will be in Hong Kong today to market an initial public offering of up to $205 million on London's Alternative Investment Market (AIM).

Asian Citrus, China's largest orange grower, originally planned to float in Hong Kong. Its defection to London reflects the keen competition among exchanges.

18 Jul 2005 - 12:00am

Yanion share sale to raise $780m

Yanion International Holdings will raise $780 million by placing up to 1.3 billion new shares to buy a medium-sized mainland steel plant.

Shareholders yesterday approved the deal which would leave Yanion holding 52.6 per cent of Minmetals Yingkou Middle Plate in Liaoning province through subsidiary Guohua International Investment.

14 Jul 2005 - 12:00am

Sinochem sale to maintain float

Fertiliser group Sinochem Hong Kong Holdings said yesterday it planned to sell 390 million new shares to investors at $1.25 to $1.70 each to maintain the minimum public float required under the listing rules.

13 Jul 2005 - 12:00am

Sinochem Hong Kong plans sale roadshow

Sinochem Hong Kong Holdings will launch an international roadshow in two weeks to market its new share offering, sources said.

The company will issue no more than 3.9 billion new shares at 10 cents or higher, according to a shareholder circular.

The share placement's price will be determined through a book-building exercise and the shares will be issued by July 28.

6 Jul 2005 - 12:00am

There is also a case for minimum wages at the top, Mr Tsang

Labour unions are fighting for minimum wages for workers and our new Chief Executive Donald Tsang Yam-kuen has agreed to consider the issue.

So Mr Tsang, will you also consider setting minimum remunerations for our independent directors?

28 Jun 2005 - 12:00am

China shareholder backlash

Mainland investors are becoming increasingly angry about the government's plan to sell state shares, saying they are not being offered fair compensation and that the market will be unable to absorb so much new paper.

17 Jun 2005 - 12:00am

Payout plan fires up GST offering

Listing candidate GST Holdings, a designer and manufacturer of fire alarm systems, is forecasting a 29 per cent increase in earnings this year, driven by China's rapid improvement in living standards.

15 Jun 2005 - 12:00am

Flour power

Singapore-listed bakery chain BreadTalk Group has launched operations in Hong Kong, with plans to invest up to $50 million in as many as 20 outlets over the next two years.

15 Jun 2005 - 12:00am