Guangdong Investment plans to further improve its balance sheet following the US$125 million issue of global depository receipts.
Managing director Herbert Hui Ho-ming said the firm would study fund-raising methods which could strike a balance between shareholders' interests and the financial position of the company.
He said the company would place more emphasis on development in Guangdong, which accounted for between 70 and 80 per cent of the company's earnings.
Areas of interest would include infrastructure and housing, which were industries Prime Minister Zhu Rongji would focus on, he said.
The infrastructure portfolio represents about 29 per cent of company's estimated earnings this year while property accounts for about 18 per cent.
Mr Hui said there were possibilities for the company to dispose of some less satisfactory operations but added there was no urgency to do so.
