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 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
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
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