Geely Automobile Holdings Ltd<0175>, China's 10th-largest auto maker, Wednesday confirmed that it will raise HK$2.59 billion by issuing convertible bonds and warrants to GS Capital Partners VI Fund L.P., an affiliate of Goldman Sachs Group Inc, Reuters reported. Goldman Sachs would hold a 15.1% stake in...
BEIJING, Sept 20 - A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile, a move that could free up capital for Geely's parent to bid on Ford's...
U.S.-based investment bank Goldman Sachs Group Inc recently decided to retain its "neutral" rating for Swire Pacific Ltd<0019><0087> and set the stock's target price at HK$84.Swire Pacific, which is engaged in real estate, aviation, beverage production, marine services, trading and industry, recently bought a...
U.S.-based investment bank Goldman Sachs Group Inc recently assigned a "buy" rating for Sun Hung Kai Properties Ltd<0016>, raising the stock's target price by 1.7% to HK$120.The brokerage said that Sun Hung Kai Properties' first-half results were within the range it forecast, and that the property developer's...
U.S.-based investment bank Goldman Sachs Group Inc recently retained its "buy" rating for Hong Kong-listed Shenzhen Investment Ltd<0604>, raising the stock's target price to HK$4.7 from the previous HK$4.68.In the first eight months of the year, Shenzhen Investment gained RMB 3.2 billion in pre-sales...
U.S.-based investment bank Goldman Sachs Group Inc recently retained its "buy" rating for Hong Kong-listed Agile Property Holdings Ltd<3383>, raising the stock's target price to HK$12.7 from the previous HK$12.4.Goldman Sachs also raised its forecast of the developer's earnings per share by 1% to 3% over...
U.S.-based private equity group Blackstone Group LP and the private equity arm of Goldman Sachs, are setting up investment firms in China to raise RMB funds from local investors and acquire stakes in local companies with Chinese partners, said people familiar with the matter, the Financial Times reported. The...
BEIJING, Aug 10 - Goldman Sachs on Monday raised its forecast of China's gross domestic product growth for 2009 to 9.4 percent from 8.3 percent. The bank also raised its projection for 2010 GDP growth...
China's gross domestic product (GDP) growth in the second quarter of this year is estimated at 7.8%, said Goldman Sachs Asia and the Beijing-based Gaohua Securities Co, the China Daily reported. The GDP growth is more than Goldman Sachs's previous forecast of 7%. The report said that the economic...
-- Matthew Goldstein is a Reuters columnist. The views expressed are his own. -- NEW YORK, July 7 - Is Goldman Sachs <GS.N> really a "vampire squid wrapped around the face of humanity"? That's the...