Tianjin shapes up as OTC bourse

Decision on where to house national over-the-counter market is expected this month

The central government is likely to pick Tianjin's Binhai New Area to operate the national over-the-counter equity bourse, a Tianjin official said.

Monday, 1 October, 2007, 12:00am

Tianjin seeks to build on test-bed status in filling the gap in funding needs

With ambitions to transform itself into a national financial centre, Tianjin is turning to a long-overlooked part of the mainland economy - private equity investment.

While cash-rich investors have pushed up the stock and property markets to dizzying levels, small and medium-sized enterprises are struggling to secure bank loans because of a lack of credit history.

1 Oct 2007 - 12:00am

Tianjin Development posts HK$237m net profit

Tianjin Development Holdings yesterday posted net profit of HK$236.9 million for the first half of the year, thanks mainly to the contribution from its utility operations.

On a net basis, profit fell 19 per cent year on year only because last year's HK$293.1 million figure included a one-time HK$207 million gain from port operations.

21 Sep 2007 - 12:00am

Tianjin Port logs 11pc rise in core earnings

Tianjin Port Development Holdings, which operates container terminals in the northern region's busiest port, said booming external trade helped boost its first-half profit from core business 11 per cent.

20 Sep 2007 - 12:00am

Why there is no rush to go through the Tianjin channel

An anticipated rush to open accounts at Bank of China's Tianjin branches to buy stocks on the Hong Kong stock market failed to materialise yesterday, partly because final authorisation to launch was not received.

SCMP, August 28

29 Aug 2007 - 12:00am

Great HK stocks rush fails to take off in Tianjin

An anticipated rush to open accounts at Bank of China's Tianjin branches to buy stocks on the Hong Kong stock market failed to materialise yesterday, partly because final authorisation to launch was not received.

28 Aug 2007 - 12:00am

Tianjin investors take first crack at HK stocks

Residents of Tianjin will be able to invest in the Hong Kong market as soon as today as part of a pilot programme giving mainland individuals direct access to overseas equities for the first time, according to a BOC International executive.

23 Aug 2007 - 12:00am

Tianjin Port plans joint venture

Tianjin Port (Group), operator of the mainland's largest roll-on-roll-off port, will build a new vehicle dock in Tianjin with Nippon Yusen and Swedish carrier Wallenius Wilhelmsen to cope with an expected five-fold expansion in car factories in the region by 2010.

18 Jul 2007 - 12:00am

Tianlian eyes assets boost from parent firm

Tianjin Tianlian Public Utilities, shares of which are traded in Hong Kong, plans to buy gas distribution assets worth three billion yuan from its unlisted parent in the next three years, boosting the fund-raising ability of the state-owned company, according to a senior official.

10 Jul 2007 - 12:00am

Party posthumously expels disgraced official

The Communist Party announced yesterday that it had posthumously stripped Song Pingshun of his party membership.

Song, the former chairman of the Tianjin city Chinese People's Political Consultative Conference, killed himself last month after discovering he was the subject of an anti-graft investigation by the party. He was 61.

6 Jul 2007 - 12:00am

New graft scandal in Tianjin centred on court president

A second corruption scandal has hit the northern port city Tianjin this month, with the city's Higher Court president reportedly under investigation by central government graft busters.

13 Jun 2007 - 12:00am

Disgraced Tianjin chairman kills himself

CPPCC boss was under investigation for graft

Tianjin municipal Chinese People's Political Consultative Conference chairman Song Pingshun was found dead from asphyxiation in his office on Monday after committing suicide, amid a central government corruption probe into his activities.

9 Jun 2007 - 12:00am

Tianjin the next key development target for international investors

Tianjin, designated by the State Council as the next key development after Shenzhen and Shanghai's Pudong, is moving into investors' radar screens.

6 Jun 2007 - 12:00am

Shanghai Forte lines up sales worth 500m yuan

Shanghai Forte Land plans to sell 500 million yuan worth of properties in Tianjin to finance expansion in the city.

The developer plans to replenish its land bank by adding 13.3 hectares of residential sites to its portfolio this year.

4 Jun 2007 - 12:00am

Developer partners Citic in Tianjin project

Kowloon Development, a mid-tier developer run by leading Macau landlord Or Wai-sheun, has brought in state-owned conglomerate Citic Group as a partner in its 3.5 billion yuan mixed development in Tianjin.

18 May 2007 - 12:00am