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November 2009

  
1.
 Tsingtao Brewery to consolidate cooperation with Asahi Breweries - China Knowledge
Tsingtao Brewery Co Ltd<600600><0168>, China's second-largest beer brewer, and Japanese alcoholic beverage producer Asahi Breweries Ltd held a news conference in Tokyo on Wednesday to consolidate their cooperation, sources reported......
20 Nov 2009
2.
 Tianma buys SVA NEC's LCD production line - China Knowledge
Shenzhen-based Tianma Microelectronics Co Ltd<000050> recently bought a 5th-generation LCD production line from Shanghai SVA NEC Liquid Crystal Display Co Ltd through the former's controller, CATIC Shenzhen Co Ltd, sources reported......
20 Nov 2009
3.
 Changjiang Securities to add 12-16 outlets - China Knowledge
Changjiang Securities Co Ltd<000783> on Wednesday obtained board approval to add 12 to 16 outlets in mainland China to consolidate its business, sources reported......
20 Nov 2009
4.
 Zhejiang Provincial Energy to issue RMB 1.5 bln in financing bills - China Knowledge
Zhejiang Provincial Energy Group Co Ltd earlier this week announced that it will issue 180-day financing bills on the interbank market on Nov. 24, sources reported. The company hopes to raise up to RMB 1.5 billion through the issuance......
20 Nov 2009
5.
 Gansu Jingyuan Coal to buy coal assets - China Knowledge
Gansu Jingyuan Coal Industry & Electricity Power Co Ltd<000552> has agreed to acquire some coal mine assets from its controlling shareholder, Jingyuan Coal Group, sources reported.Gansu Jingyuan Coal Wednesday said in a statement filed with the Shenzhen Stock Exchange that it will pay about RMB ......
20 Nov 2009
6.
 China Mobile starts preparing for Shanghai listing - China Knowledge
China Mobile Ltd<0941>, the country's largest mobile phone operator, has begun preparing for a possible listing on the planned international board of the Shanghai Stock Exchange, Chairman Wang Jianzhou said on Wednesday.Wang said at an industry forum in Hong Kong that the company is selecting......
20 Nov 2009
7.
 Commonwealth Bank to raise stake in Bank of Hangzhou - China Knowledge
Commonwealth Bank of Australia, the second-largest bank in Australia, has secured approval from the China Banking Regulatory Commission to subscribe 70 million new shares of Bank of Hangzhou, sources reported.Upon the completion of the share subscription, which is part of Bank of Hangzhou's......
20 Nov 2009
8.
 Esprit Holdings launches level 1 sponsored ADR program - China Knowledge
Esprit Holdings Ltd<0330>, one of the world's leading clothing retailers, yesterday announced the establishment of a level 1 sponsored American depositary receipt program.The Hong Kong-listed company has appointed BNY Mellon as the sole depositary for the ADR program, which was previously......
20 Nov 2009
9.
 Dell to consolidate Chinese market - China Knowledge
China has become the second-largest market in the world for Dell Inc, and the firm is looking for a bright future in this market, said Amit Midha, president of Dell Greater China, sources reported.China is a very important market for Dell, and the business operations in this market maintain strong growth, added......
20 Nov 2009
10.
 Wumart Stores obtains RMB 4-bln credit line for expansion - China Knowledge
Beijing-based Wumart Stores Inc<8277>, one of the leading supermarket chains in China, yesterday signed a strategic cooperation agreement with Beijing Rural Commercial Bank, sources reported. Pursuant to the agreement, Beijing Rural Commercial Bank will extend Wumart Stores RMB 4 billion in......
20 Nov 2009
11.
 ABC yet to decide on foreign investors - China Knowledge
Agricultural Bank of China, the national's third-largest lender by assets, announced yesterday that it has not yet decided on any foreign strategic investors ahead of its planned initial public offering.ABC, the only one of the country's Big Four state-owned banks not yet listed, said in a statement that it is in talks with the......
20 Nov 2009
12.
 Minsheng Banking raises US$3.86 bln from HK IPO: report - China Knowledge
China Minsheng Banking Corp Ltd<600016>, the country's eighth-largest lender, raised US$3.86 billion via an initial public offering on the Hong Kong Stock Exchange, the Wall Street Journal reported, citing sources familiar with the matter as saying.The company, which is set to start trading on the bourse on November......
20 Nov 2009
13.
 Intel Capital details investments in Chinese tech firms - China Knowledge
Intel Capital, the investment arm of Intel Corp, earlier this week announced details regarding its investment of US$25 million in seven companies that include two Chinese firms, sources reported.Intel Capital plans to invest in Phoenix New Media, a subsidiary of Hong Kong broadcaster Phoenix Satellite......
20 Nov 2009
14.
 Baoxiniao Garment to raise RMB 800 mln via rights offering - China Knowledge
Zhejiang Baoxiniao Garment Co Ltd<002154>, a designer, manufacturer and seller of menâ??s garments in China, earlier this week announced that it has obtained approval from the China Securities Regulatory Commission for a rights offering.The firm said in a statement filed with the Shenzhen Stock Exchange that......
20 Nov 2009
15.
 Hang Seng Index finishes 0.54% lower at midday - China Knowledge
Hong Kong stocks slid 121.57 points or 0.54% to end the morning session at 22,521.59 points, with mainboard turnover standing at HK$33.69 billion.The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange......
20 Nov 2009
16.
 ChiNext, China's measures to help SMEs - China Knowledge
On Oct. 30, after 10 years of preparation, China launched ChiNext, a new secondary board in Shenzhen, one of China's key economic cities and home to China's first economic zone. The Nasdaq-style board aims to nurture small and medium-sized growth companies in the country and provide them new financing......
20 Nov 2009
17.
 MOF to issue RMB 27.63 bln in book-entry T-bonds - China Knowledge
China's Ministry of Finance announced Wednesday that it will issue RMB 27.63 billion worth of three-year book-entry treasury bonds in the period from Nov. 19 to Nov. 23.The bonds, this year's 29th batch, will have a coupon rate of 2.42% and will become tradable on Nov. 25, the MOF said in a statement published on its......
20 Nov 2009
18.
 China Mobile still in talks with Apple on iPhone - China Knowledge
China Mobile<0941> is still in talks with Apple Inc on launching the iPhone in the Chinese market, said Wang Jianzhou, chairman of the Chinese mobile carrier.Wang reiterated that China Mobile will continue to negotiate with Apple, but he declined to disclose any details.Last month, Wang said the......
20 Nov 2009
19.
 City Telecom's net profit surges 70% in FY 2009 - China Knowledge
City Telecom (H.K.) Ltd<1137>, one of Hong Kong's largest fixed-line carriers, has reported that its net profit soared 70% year on year to HK$212.83 million in the fiscal year ended Aug. 31, 2009.Basic earnings per share were 32.4 Hong Kong cents, up 64.47% compared with the 19.7 Hong Kong cents......
20 Nov 2009
20.
 PBOC sells RMB 55 bln in bills, RMB 20 bln in repos on Thu - China Knowledge
The People's Bank of China issued RMB 55 billion in three-month bills in the regular open-market operations yesterday, according to a statement published on the PBOC's website.The bank also issued RMB 20 billion in 91-day repurchase agreements with a coupon rate of 1.33% in the regular open-market......
20 Nov 2009