Temasek Holdings' Investments

Singapore solution may be no answer for HK

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

Carlyle wants SAFE to invest in fund

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

CCB overhang fears eased by share deal

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

Local bourse climbs above the 20,000 point level

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

Fund-raising not on BOC agenda, chief says

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

Agbank faces sell-off amid 45pc profit growth

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 buyers shopping for prime NY sites

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

164,000 subscribe to BOC rights issue

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 taps key partners for more capital

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

New users to boost China Mobile earnings

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

State-owned lenders expect robust profits

Industrial and Commercial Bank of China, the world's largest lender by market value, and China Construction Bank Corp, the mainland's third-largest lender by assets, yesterday released rosy profit estimates for last year, thanks to higher demand for loans and wealth management products amid the country's soaring economy.

18 Jan 2008 - 12:00am

Bank of China falls after Temasek disposal

Bank of China, the country's third-largest lender, closed 5.19 per cent lower yesterday at HK$4.02 after its fourth-largest shareholder, Temasek Holdings, said it would sell part of its stake for as much as HK$4.46 billion.

The stock fell 6.1 per cent to HK$3.98 in the morning session and then bounced back slightly in the afternoon.

28 Nov 2007 - 12:00am

Shareholder vote ousts Diana Chen from key post at China Oriental

China Oriental Group shareholders yesterday passed a resolution to remove Diana Chen Ningning, the company's second-largest shareholder, as executive director after she failed in her attempt to launch a hostile takeover and oust chairman Han Jingyuan.

30 Oct 2007 - 12:00am

Foreign buys bad for China bank bulls

Investors buying into Chinese bank stocks on expectations they are about to embark on an overseas acquisition spree may be making a big mistake.

News over the weekend that China Minsheng Banking Corp is to buy a stake in the parent of California's United Commercial Bank set light to mainland bank stocks when trading reopened yesterday after the long holiday.

9 Oct 2007 - 12:00am

Property, power firms sell HK$5.4b of shares

China Properties Group, a mainland developer, and China Resources Power Holdings, the fourth-largest Hong Kong-listed mainland power producer by installed capacity, are seeking to raise a combined HK$5.4 billion from share sales.

4 Oct 2007 - 12:00am