Stock | South China Morning Post
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Stock

Investor tries to cash in as China Life stock surges

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

WHAT THE BROKER SAID

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

Golden Eagle wins nod for $1b share offer

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

Stocks and broths

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

Time squeeze delays juice maker's IPO

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

ITC, Minmetals widen investor bases

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 launches fresh attempt to buy out Sunday shareholders

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

As long as shareholders lack power, boardroom bandits will thrive

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

Well-received placement buoys oil major

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

Stock freebies boost A-shares

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

While the public keeps faith, unregulated sharks feed in frenzy

'Spokesmen at the three brokerages confirmed the loans had been granted and said they would be used for 'operational needs', including buying stocks'

SCMP

August 10

11 Aug 2005 - 12:00am

Gelatin

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

Midland to expand after $183m placement

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

MTR gets it right to be on track for a global transport breakthrough

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

New World unit plans $6 billion rights issue

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