Authorities in Qingdao, Shandong province, have sold a land parcel for 872.4 million yuan (HK$1.08 billion) to Guangzhou Liangbao Property Investment and Consultancy, in an auction that set the highest premium of the year, the latest in a series of deals to signal a mild recovery in the mainland property market.Friday, 21 December, 2012, 3:46am
Shares of Sinohydro Group got off to a frenetic start yesterday, soaring 17 per cent on their Shanghai listing debut as a flood of speculative capital caused a half-hour trading suspension in the morning.19 Oct 2011 - 12:00am
Sinohydro Group, which lists in Shanghai today, faces growing political and financial risks with its rapidly increasing international business.
The Chinese state-owned enterprise is the world's biggest dam builder, having built two-thirds of the country's dams - and half of the world's.
It has continuing and completed projects in over 50 countries.18 Oct 2011 - 12:00am
Sinohydro Group, the mainland's largest builder of dams, set its initial public offering price at the bottom end of the range to raise 13.5 billion yuan (HK$16.46 billion), 22 per cent less than originally targeted.29 Sep 2011 - 12:00am
Sinohydro Group, the mainland's largest dam builder, reduced the size of its initial public offering on the Shanghai Stock Exchange, and expects to raise nearly 20 per cent less than it originally targeted.27 Sep 2011 - 12:00am
Sinohydro Group, a state-owned builder of dams and hydropower plants, plans to launch the mainland's largest initial public offering so far this year, expecting to raise 17.3 billion yuan (HK$20.9 billion) despite the weak market.
The IPO application from the country's leading dam builder will be reviewed by the China Securities Regulatory Commission on Friday.27 Jul 2011 - 12:00am