A European investor was last night trying to cash in as much as $980.12 million by selling 99.5 million shares in China Life Insurance, after a strong run-up in the share price of the mainland's largest life insurer.Thursday, 30 March, 2006, 12:00am
About a year ago stronger-than-expected traffic growth for Beijing Capital Airport (BCIA) in the second half of 2004 led Deutsche Bank to increase its earnings forecast for 2004 and 2005 but, after a company visit, it had mixed feelings about prospects and maintained its 'hold' rating.26 Mar 2006 - 12:00am
Store operator's chief to use proceeds from 80pc of stock sale to repay loan
Golden Eagle International, a mainland department store operator, has received the go-ahead from the stock exchange's listing committee for its $1 billion initial public offering.10 Feb 2006 - 12:00am
Raw bones don't hold much appeal, except perhaps to carnivores such as lions and tigers. Human omnivores need to take more time to extract the flavour from the bones, which is why we make stocks and broths.9 Oct 2005 - 12:00am
China Haisheng Juice Holdings, the mainland's largest apple juice concentrate producer, has postponed its $312 million initial share offering which was originally set to start yesterday.8 Oct 2005 - 12:00am
Profit motive and regulatory requirement come into play as companies sell down stocks in placements
The investor bases of two Hong Kong-listed firms will be broadened after separate share placements yesterday.30 Sep 2005 - 12:00am
PCCW is pressing ahead with plans to buy out the remaining stock it does not own in mobile arm Sunday Communications in the hope that shareholder Huawei Technologies will change its mind under a renewed privatisation process.29 Sep 2005 - 12:00am
THERE ARE 495 people working in the financial department of Guangdong Kelon Electrical Holdings. Apparently not one of them noticed 269 million yuan vanishing into the accounts of three mysterious new customers.
April was a busy month for the refrigerator maker. Cash was forked out for raw materials that would either never arrive, or partly appear without invoices.3 Sep 2005 - 12:00am
PetroChina's share price reacted positively to the placement of $18.98 billion worth of shares after strong demand allowed the oil and gas producer to price the offer at the top of the indicated price range.
The shares closed 0.79 per cent higher at $6.35 after hitting an intraday high of $6.45 in active trade.2 Sep 2005 - 12:00am
A strong rally in Shanghai-listed shares in the past three weeks may be evidence the mainland bourse has turned the corner, some fund managers say.14 Aug 2005 - 12:00am
'Spokesmen at the three brokerages confirmed the loans had been granted and said they would be used for 'operational needs', including buying stocks'
August 1011 Aug 2005 - 12:00am
Gelatin is often associated with artificially coloured and flavoured desserts, but it's an ingredient
used in many dishes, although its presence isn't always obvious.
What is it? It's derived from the bones, skin and tendons of animals, usually pigs and cattle. A vegetarian version - agar agar - is made of seaweed.31 Jul 2005 - 12:00am
Interest from investors strong despite worry over issue price
Property agent Midland Realty (Holdings) has raised net proceeds of $183 million from a placement that will be partly used to fund the opening of more branches, a company official said yesterday.23 Mar 2005 - 12:00am
I HAVE TO give the Modern Town Redevelopment Company its due. Its Tseung Kwan O line has proved a winner, passenger fare revenues were up 8 per cent last year and the company has returned to a profit on railway operations.3 Mar 2005 - 12:00am
Timing draws warning from analysts worried about mainland's outlook
New World China Land is planning a $6.31 billion rights offering, a move that will test investor willingness to provide fresh capital when the outlook for the mainland's property sector is highly uncertain.21 Feb 2005 - 12:00am