Results for company news: 6760

Li & Fung Ltd<0494>, a company engaged in the trading of consumer products, plans to raise US$350 million (HK$2.73 billion) by selling new shares, sources reported. The Hong Kong-listed company will sell approximately 120 million shares at a price between HK$22.55 and HK$23.28 apiece, indicating a 3% to...

New World China Land Ltd<0917>, an investment holding company engaged in investment and development of property projects, said that it has agreed to spend HK$523.3 million to increase its equity interest in Shanghai Trio Property Development Co Ltd. New World Development Ltd<0017>, which owns...

Shanghai Automotive Industry Corp (SAIC), China's third-largest automaker, has raised its shareholding to 5.52% in Panzhihua New Steel & Vanadium Co Ltd<000629>, according to information from the Shenzhen Stock Exchange.The automaker acquired 222.1 million shares of the Sichuan-based company for RMB 2.1...

Chery Automobile Co Ltd, the largest private automaker in China, and Huishang Bank Corp Ltd jointly launched an auto finance company in Shanghai on Tuesday, the Shanghai Securities News reported.The joint venture (JV), namely Chery Huiyin Auto Finance Co Ltd, has a registered capital of RMB 500 million....

Northeast Securities Co Ltd<000686> said Wednesday in a statement that it plans to set up two braches, one each in Beijing and Shanghai.The new Beijing branch of the company, which is headquartered in Changchun, Jilin Province, will be mainly engaged in securities underwriting and financial advisory and...

China National Petroleum Corp (CNPC), the county's largest integrated oil and gas company, intends to build more than 300 new gas stations in Jiangsu Province prior to 2015, said a CNPC insider on Apr. 21. The oil developer currently has 500 gas stations and will have at least 800 units in Jiangsu in 2015....

New World Development Co Ltd<17>, an investment holding company, on Mar. 17 posted a net loss of HK$992.2 million in the second half of last year, following a net profit of HK$5.65 billion in the first half of 2007.The loss was principally due to a revaluation deficit of HK$2.35 billion on investment properties and...

Bank of China (BOC)<601988><3988>, the nation's second-largest lender, plans to grant at least RMB 500 billion (US$73 billion) in new loans in 2009, in a move to further boost credit and bolster economic development, the Shanghai Daily reported.The bank's chairman Xiao Gang said "the company needed to...

Bank of China (BOC)<601988><3988>, the nation's second-largest lender, plans to grant at least RMB 500 billion (US$73 billion) in new loans in 2009, in a move to further boost credit and bolster economic development, the Shanghai Daily reported.The bank's chairman Xiao Gang said "the company needed to...

The Aviation Industry Corp of China (AVIC), the country's leading aviation manufacturer, Wednesday launched an aircraft production company in Xi'an, the capital city of northeast Shaanxi Province, the China Daily reported.The new company, namely AVIC Aircraft Corp Ltd, will produce parts for the home-grown...