Some people may consider the creation of a Temasek-like state-owned investment vehicle in Hong Kong a better-yielding option than the existing Exchange Fund. But, in fact, such a beast might pose more problems than solutions.Tuesday, 10 July, 2012, 12:00am
The Carlyle Group, one of the world's largest private equity firms, is quietly lobbying big government institutions in Beijing, including the capital-rich State Administration of Foreign Exchange (SAFE), to get them to invest in its new Asia fund.31 May 2012 - 12:00am
The overhang on China Construction Bank's share price was lifted this week with news that Bank of America would sell about half of its stake in the lender - with Singapore sovereign wealth fund Temasek presumed to be on the list of buyers.31 Aug 2011 - 12:00am
Hong Kong stocks gained for a second session yesterday to close above the 20,000 point level as the market benefited from an almost 70 per cent jump in turnover.
Turnover on the local bourse was HK$89.1 billion, up 67.89 per cent from Monday's close, the biggest jump since August 5 after weeks of sluggish trading.31 Aug 2011 - 12:00am
Bank of China, unlike its major mainland competitors, has no immediate plans to raise more capital, says Li Lihui, president of the mainland's biggest foreign exchange lender.21 Jul 2011 - 12:00am
Agricultural Bank of China, which is facing potential selling pressure from cornerstone investors, yesterday painted a rosy corporate picture, with strong profit growth of 45 per cent in the first half of the year.13 Jul 2011 - 12:00am
Chinese investors are splashing out billions of US dollars in New York as they bet the city's turbulent property investment market will rebound.20 Jun 2011 - 12:00am
Despite lower participation than expected, the Bank of China said a record 164,000 people subscribed to its rights issue. Together with the offer on the mainland, the exercise could raise as much as 60 billion yuan (HK$70 billion). The bank said 65 per cent of its 256,000 registered shareholders took up their rights, below the expected rate of 70 per cent.8 Dec 2010 - 12:00am
Evergrande Real Estate Group, the Guangzhou property developer that last month cancelled a proposed initial public offering because of poor investor response, has now turned to its strategic partners in a bid to raise more capital.21 Apr 2008 - 12:00am
China Mobile: March 19
China Mobile (941), the nation's largest mobile operator, may report 30 per cent growth in last year's net profit on Wednesday following a surge in the number of new customers.
As it derives all its income from the mainland, any slowdown overseas will not cast a shadow on China Mobile's earnings, said Lehman Brothers analyst Danny Chu.17 Mar 2008 - 12:00am