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1. C C Land to inject RMB 300 mln in Chengdu JV
C C Land Holdings Ltd<1224>, a Chongqing-based real estate developer, has announced that it plans to inject RMB 300 million into a joint venture in Chengdu, Sichuan Province to increase its stake to 80% stake from the previous 50%, sources reported. The JV, which was set up by C C Land and Guojia Real Estate...
19 Nov 2009
2. Sichuan Meifeng Chemical to issue RMB 650 mln in bonds
Sichuan Meifeng Chemical Industry<000731>, a local chemicals producer, over the weekend announced that it will issue up to RMB 650 million worth of convertible bonds, sources reported.The convertible bonds will have a coupon rate between 0.5% and 3%. The new bonds will be issued at the par value of RMB 100...
17 Nov 2009
3. Sichuan Changhong to sell refrigerator assets
Sichuan Changhong Electric Co Ltd<600839>, one of China's top home appliance manufacturers, yesterday announced that it has obtained the approval from the Mianyang State-owned Assets Supervision and Administration Commission to sell its refrigerator assets, sources reported.Sichuan Changhong will...
11 Nov 2009
4. CNPC to develop gas field in Sichuan with Chevron
China National Petroleum Corp, the parent of PetroChina Co Ltd<601857><0857>, will team up with U.S.-based integrated energy company Chevron to develop a natural gas project in Sichuan Province, sources reported.CNPC said in a statement that it has signed an agreement with Chevron's affiliate...
9 Nov 2009
5. Longfor Properties eyes HK$7.1 bln IPO in HK
Mainland real estate developer Longfor Properties Co aims to raise up to US$910 million through an initial public offering on the Hong Kong Stock Exchange, sources reported, citing people familiar with the matter as saying.The Chongqing-based company expects to sell 1 billion shares, or 20% of its enlarged share...
5 Nov 2009
6. Sichuan Expressway predicts RMB 690 mln in profit in 2009
Sichuan Expressway Co Ltd<0107>, Chinaâ??s leading road infrastructure operator, is expected to realize RMB 690 million in net profit for 2009, 26.84% more than in 2008, sources reported on Tuesday.In 2008, the company's three expressways contributed a total of RMB 1.39 billion in revenue, 2.34% more than in 2007.
27 May 2009
7. Sun Hung Kai to into Guangzhou and Sichuan
Sun Hung Kai Properties (SHKP)<0016>, Hong Kong's largest developer by market value, plans to increase its investment in Guangzhou, Guangdong Province and in Sichuan Province in 2009, said Chik-Wing Wong, executive director of the firm, sources reported.
26 May 2009
8. BOC to lend RMB 30 bln to SMEs in Sichuan
The Sichuan branch of Bank of China (BOC)<601988><3988>, one of the Big Four state-owned lenders in China, Wednesday signed a strategic cooperation with the Chengdu municipal government to provide RMB 30 billion in credit line over the next three years to small and medium-sized enterprises (SMEs) in Chengdu City
21 May 2009
9. Sichuan Hongda to invest RMB 960 mln in chemical projects
Sichuan Hongda Co Ltd<600331> announced that it would invest a total of RMB 960 million in chemical projects through its subsidiary Sichuan Mianzhu Chuanrun Chemical Co Ltd.According to the company's filing with the Shanghai Stock Exchange (SSE) on Tuesday that RMB 700 million from the total investment
20 May 2009
10. China's telecom giants to pour RMB 100 bln into Sichuan
China's three major telecom operators, namely China Mobile Ltd<0941>, China Unicom (Hong Kong) Ltd<600050><0762> and China Telecom Corp Ltd<0728>, signed strategic cooperation agreements with the Sichuan provincial government to finance post-earthquake reconstruction projects
20 May 2009
11. Quake-hit Sichuan likely to earn RMB 120 bln in tourism
The quake-hit Sichuan Province is likely to reap RMB 120 billion in tourism revenue this year, officials of the National Tourism Administration said. Affected by the 8.0-magnitude earthquake that took place on May 12, the tourism income of Sichuan Province was down 10.3% and reached RMB 109.15 billion in 2008.
14 May 2009
12. BASF launches concrete admixture plant in Kunming, China
Germany-based BASF AG last Friday launched a concrete admixture plant in Kunming City in southwest China's Yunnan Province, sources reported.The plant is located in Kunming State New & High Technology Development Zone and covers a land area of over 6,500 square meters. It will manufacture the full range
13 May 2009
13. ICBC's loan to quake-hit Sichuan Province reach RMB 39.08 bln
Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's largest lender by market value, had extended a total of RMB 39.08 billion in loans to Southwest China's Sichuan Province by the end of April to fund the province's post-quake reconstruction work, the Shanghai Securities News reported on
13 May 2009
14. China upgrades railway to support quake zone reconstruction
China has started revamping a railway from Xi'an Province's Baoji to Sichuan Province's capital Chengdu to enhance the railway's transportation capacity and support rebuilding activities in the earthquake zone, sources reported. On May 9, the Xi'an Railway Bureau assigned more than 5,000 workers and 150
11 May 2009
15. Sichuan's quake donations reach RMB 15.75 bln
Sichuan Province, heavily hit by the magnitude-8.0 earthquake on May 12 last year, has so far received quake donations totaling RMB 15.75 billion, said Huang Jinsheng, head of the provincial finance department in Chengdu, at a press conference. The provincial government received donations of about
8 May 2009
16. Sichuan Puguang gas pipe to go into operation in June
The first-stage pipeline project of Sinopec's Puguang gas field, which has an annual capacity of 2 billion cubic meters, will start to supply natural gas in June, according to the China Energy & Chemical Industry Summit held in Dazhou City, Sichuan Province. The gas field, one of the largest gas fields in China, is
30 April 2009
17. France to offer loans for China's reconstruction project
Li Yong, China's vice minister of finance, and Jean-Michel Severino, CEO of the French Development Agency (AFD), on Friday signed two agreements on utilizing the US$300- million loans from France to support China's post-quake restoration and reconstruction projects in Sichuan Province and the Xiang-Gui
28 April 2009
18. Accor to set up Accor College in Chengdu, Sichuan
France-based Accor SA, the world's fourth largest hotel group, on Friday announced plans for its first "Accor College" in Asia at Xinjin county of Chengdu, the capital city of Sichuan Province, sources reported.Accor will cooperate with Chengdu Vocational & Technical College to set up this training
14 April 2009
19. Sichuan Changhong applies to CDB for US$150-mln loan for subsidiary
Sichuan Changhong Electric Co Ltd<600839>, one of China's top home appliance manufacturers, recently announced that it has applied for a long-term loan of US$150 million from China Development Bank (CDB) for its subsidiary Sichuan CCO Display Technology Co Ltd.
14 April 2009
20. Sichuan gov't selling RMB 9 bln in bonds starting today
China's Ministry of Finance (MOF) today began to issue RMB 9 in local government bonds on behalf of Southwest China's Sichuan Province, according to a statement released by the MOF on Tuesday.The issuance of the bonds, the fourth batch of its kind in the country, will last until Apr. 10. The bonds will
8 April 2009
 
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