Results for assets: 2938

Economist Warns of Burst of Asset Bubble

China's total fixed asset investment surged 33.4% year on year to RMB 15.51 trillion in the first three quarters of this year, according to statistics released by the National Bureau of Statistics today.The growth rate is 6.4 percentage points higher than in the same period of last year, said NBS. Investment in urban...

China's total fixed asset investment surged 33.4% year on year to RMB 15.51 trillion in the first three quarters of this year, according to statistics released by the National Bureau of Statistics today.The growth rate is 6.4 percentage points higher than in the same period of last year, said NBS....

Shanghai Construction Ltd Co<600170> on Tuesday announced that it plans to issue 322 million shares, priced at RMB 14.52 per share, to its parent Shanghai Construction Group for the acquisition of the core assets worth RMB 4.69 billion in total.According to a statement filed with the Shanghai Stock Exchange, the...

Zhang Jia Jie Tourism Development Co Ltd<000430> today announced that it plans to purchase RMB 890 million worth of property and tourism assets by issuing new shares, sources reported.The Shenzhen-listed firm intends to issue 149.84 million shares for RMB 5.96 per share in exchange for full ownership of...

Tianjin Tianlian Public Utilities Co<8290> has announced that it plans to acquire gas assets valued at RMB 620 million from its parent, Tianjin Gas Group, by issuing new shares, bringing the parent's shareholding to 51.3% from the previous 22.08%, sources reported.The Hong Kong-listed enterprise will...

Industrial and Commercial Bank of China<601398><1398>, the world's largest lender by market value, may buy a further 20% stake in ICBC Credit Suisse Asset Management Ltd, China鈥檚 the first asset management joint venture initiated and held by a commercial bank, sources reported.China Ocean...

HSBC Holdings Plc<0005><HBC> is now the leading bidder for the Chinese, Indian and Malaysian retail and commercial banking assets of Royal Bank of Scotland Group Plc, the Wall Street Journal reported, citing a person familiar with the situation as saying.The assets are worth upwards of US$200 million,...

ZTE Corp<000063><0763>, China's largest listed telecommunications manufacturer and wireless solutions provider, has no interest in buying the GSM assets that Nortel Networks Corp has put up for sale, a company executive said at the ongoing ITU Telecom World 2009 held in Geneva. However, the executive...

GE Asset Management Inc, a wholly-owned subsidiary of General Electric Co, recently raised its H-share holding in China South Locomotive & Rolling Stock Co Ltd<601766><1766> to 7.02% from the previous 6.77%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from...