SDB Seeking Maximum New-Share Issue to Ping An
Shenzhen Development Bank's president said the investment from Ping An was expected to raise SDB's capital adequacy ratio by 2 to 3.5 percentage points.
Gome Hatches Plan to Raise HK$ 3 Billion
New shares and a private equity bond deal could revive appliance retailer Gome, although its jailed founder still wields clout.
News AM June 16
Everbright Bank 2008 Dividend Payout 2.2 Bln Yuan; China May Fiscal Revenue Up 4.8%; Glorious' Property Sale Raises 2 Bln Yuan; China to Stimulate Foreign Investment
China Early June Power Output Drop Narrows from May
With steel and alumina production increasing, falls in the country's power output are likely to narrow and may even rise in the second half, analyst said.
Ping An Chief Confident of Approval for SDB Deal
Ping An will buy 520.4 million shares in SDB from Newbridge for 11.4 billion yuan in cash, or the issue of 299.1 million H shares to Newbridge, with the payment method to be decided by Newbridge.
Vale Hopes to Conclude Iron Ore Price Talks with China
Vale said it will not abandon negotiations with Chinese steel mills, but it will not be the first to complete talks with China.
IPO Resumption Impact on Markets Seen Limited
Analysts said an IPO resumption will indeed result in fluctuations in the market in the near term, but it will not be the sole influence.
News PM June 15
Petrochina Approved to Build Jiangsu LNG Terminal; Tianjin to Build Financial Center in Yujiapu; Experts Recommend Mandatory Control Measures on Mercury Pollution
HSBC China to Issue 3 Bln Yuan Bond in Hong Kong
The bank won approval to issue yuan-denominated bonds in the special administrative region in May.
Resource Tax Reform will Boost Local Government Revenue
The resources tax will be broadened to include a wider range of resources such as water, forest and rangeland.
Fiscal Credit Puts Reform on Slippery Slope
Vast credit expansion by local governments and their bank partners may jeopardize China's market reform and economic recovery.
Commodity Rally: Reality or Illusion
Commodity prices are ultimately determined by the strength of the economy. Before a US recovery is officially confirmed, various uncertainties are likely to send prices into a period of fluctuation.
News AM June 15
Commerce Ministry to Favor Credit Guarantee Companies; Government Fund Plans 1.7 Bln Yuan in Grants to Tech SMEs; China Adjusts Strategy to Combat Influenza
Hisense Kelon to Compensate Shareholders 14.5 Mln Yuan for Accounting Fraud
In 2006, Kelon was fined 600,000 yuan by the securities regulator for fraudulent accounting.
Shenzhen Plans Subsidy for Hybrid Car
The municipal government is also planning to build charging infrastructure to support users of the vehicle.
Full Steam Ahead for New Financial Troikas
Banks, trusts and local governments are working together to raise capital for infrastructure projects, despite wary regulators.
News PM June 12
Dongfeng Auto Jan-May Sales Down; HSBC Targets 100 Mainland Branches by Year's End; CCB May Buy Stake in Cinda Asset Management
Part III: Growth Targets Fan Shaanxi's Finance Flame
Creative investment schemes are raising money Shaanxi Province needs to meet economic stimulus goals. But at what cost?
Part II: Cities Rush into Debt -- and Possible Peril
Recent bond sales easily raised billions for cities in eastern provinces such as Anhui and Zhejiang. Repaying will be harder.
China Suspends Two Hydropower Projects
Both projects had blocked the flow of the Jinsha River for the construction effort without obtaining permits from the ministry.
  • First 
  • Previous 
  • Next 
  • Last 
  • Go
  • Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
    [ICP License: 090027] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号] 京公网安备11010502005607号
    Copyright by Caijing. All Rights Reserved