• Mon
  • Dec 29, 2014
  • Updated: 7:23pm

Shougang Corp

Shougang Corp to list A shares

Steel producer Shougang Corp is preparing to list domestic A shares by the end of the year, according to a source. Shougang would list seven of its main plants under a company called Beijing Shougang Co. Funds raised from the issue would be used for technical upgrading.

Saturday, 18 October, 1997, 12:00am

Shougang co-operation talks

Shougang Concord Grand (Group) says it is staging only 'brief discussions' with its parent, Shougang Corp, to explore possibilities of co-operation. Its statement was intended to clarify reports that the parent intended to inject its mainland property interests into Shougang Concord.

10 Jun 1996 - 12:00am

Arrest pulls down futures

THE February Hang Seng Index future fell 115 points yesterday to 7,925 amid concern at the reported arrest of a senior Shougang Corp official in Beijing.

Turnover shrank overall to 19,910 contracts as some investors took a wait-and-see view to trading.

21 Feb 1995 - 12:00am

Group revises its estimates

SHOUGANG Concord has made a 14 per cent downward revision in its estimate of the potential tax savings of its three joint ventures resulting from the July 4 proposed amendments to contracts between its controlling shareholder, Shougang Corp, and the venture partners.

28 Jul 1994 - 12:00am