U.S.-based financial holding company JPMorgan Chase & Co has cut its shareholding in China Coal Energy Company Ltd<601898><1898> to 7.7%, according to the Stock Exchange's SDI information. According to data released by the Hong Kong Stock Exchange, JPMorgan on Nov. 10 sold 16.94 million H...
Commonwealth Bank of Australia, the second-largest bank in Australia, recently raised its shareholding in China Communications Services Corp Ltd<0552> to 13.17% from the previous 12.61%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from the HKEx showed that CBA...
Britain's Barclays Bank Plc recently raised its shareholding in China's BYD Co Ltd<1211> to 5.41% from the previous 1.33%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that Barclays on Oct. 16 bought 32.33 million shares of BYD for a total of...
China Merchants Bank (CMB)'s 22 billion yuan financing plan has been approved by the general meeting of stockholders Monday with 99.75 percent of shareholders supportive of the plan. The bank said that it planned to raise 15 billion yuan to 18 billion yuan through shares placement on August 13, b...
China Merchants Bank<600036><3968>, the nation's fifth-largest bank by market value, said that its shareholders has approved a plan to raise up to RMB 22 billion by offering up to 2.5 shares for every ten shares held, sources reported.The move is expected to help supplement the lender's working capital. As...
US-based financial holding company JPMorgan Chase & Co recently raised its shareholding in Ping An Insurance (Group) Co<601318><2318> to 7.01% from the previous 6.98%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from the HKEx showed that JPMorgan...
China Merchants Bank<600036><3968>, the nation's fifth-largest bank by market value, said that two of its shareholders, Guangzhou Maritime Transport (Group) Co Ltd and Shanghai Shipping (Group) Co, have sold a total of 147 million shares of the company during the period from Sep. 25, 2009 to Oct. 14,2009,...
The Capital Group Companies Inc, one of the world's largest investment management organizations, recently reduced its shareholding in Weichai Power Co Ltd<000338><2338> to 11.61% from the previous 12.32%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from...
Wellington Management Co LLP, an asset manager and trust investment advisor to global institutions, on Oct. 7 raised its shareholding in Huabao International Holdings Ltd<0336> to 5.12% from the previous 4.9%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.HKEx said that...
ZTE Corp<000063><0763>, China's second largest telecoms equipment maker, said that its controlling shareholder Shenzhen Zhongxingxin Telecommunications Equipment Co Ltd had bought 7.65 million of its A shares as of Oct. 9, 2009, accounting for about 0.42% of ZTE's total share capital.The Shenzhen-...