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Chinalco Takes up Rio Tinto Rights OfferCompiled by Caijing staff 2009-07-02

ABased on the current share price, Chinalco needs to invest more than US$1.4 billion in order to maintain its 12 percent stake in the London-listed Rio Tinto Plc stock.

Ping An Celebrates a High-Stakes Bank Deal
By staff reporters Chen Xue, Chen Huiying, Lu Yanzheng and Fu Yanyan   2009-07-03
A deal for a key stake in Shenzhen Development Bank was a money-maker for the seller and a feather in Ping An's cap.
Fork in the Road for China's Car Purchase Tax
By staff reporter Liang Dongmei  2009-07-03
A short-term reduction in the purchase tax encouraged car buying for several months. Now planners have to choose the next step.
Pumping Up Financial Holdings at Ping An
By staff reporters Chen Xue, Lu Yanzheng and Fu Yanyan  2009-07-03
Three Ping An executives describe the strategic context and consequences of the Shenzhen Development Bank buyout.
China Issues Details of Direct Power Supply Trial
Compiled by Caijing staff  2009-07-03
A final decision regarding which enterprises and power generators are involved in the trial, as well as new transmission fees, will depend on provincial authorities themselves.
Shipbuilders Expect One-Third of Capacity to Be Idle After 2011
Compiled by Caijing staff  2009-07-02
China's total shipbuilding capacity has reached 60 million DWTs, while monthly new orders have been lower than output over the last eight months.
Chinalco Takes up Rio Tinto Rights Offer
Compiled by Caijing staff  2009-07-02
Based on the current share price, Chinalco needs to invest more than US$1.4 billion in order to maintain its 12 percent stake in the London-listed Rio Tinto Plc stock.
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