China insights - Chinese Stock Market Information en-us Copyright 2008 Chinese Stock Information Tue, 11 Jun 2013 00:13:30 +0800 China insights - Chinese Stock Market Information http://www.chinesestock.org/logo.jpg http://www.chinesestock.org <![CDATA[Shanghai stocks slump on FDI, liquidity concerns]]> SHANGHAI stocks retreated today after climbing for three days in a row as market sentiment waned over dwindling inbound investment and a liquidity crunch. The Shanghai Composite Index dipped 0.1 percent to 2,162.24 points today, trimming early gains. The turnover stood at 75.8 billion yuan (US$12 billion), down a quarter from Tuesday's. Foreign direct invest... Chinesestock.org http://www.chinesestock.org Wed, 19 Dec 2012 21:51:24 +0800 <![CDATA[Shanghai index up 0.1% amid rising sentiment]]> SHANGHAI stocks rallied for a third straight day amid expectations for stock market reform and stabilizing economic conditions. The Shanghai Composite Index edged up 0.1 percent to 2,162.46 points today, the highest level in more than 18 weeks. Daily turnover was 99 billion yuan (US$15.7 billion). "Without doubt, the domestic economy is recovering and stabil... Chinesestock.org http://www.chinesestock.org Tue, 18 Dec 2012 21:47:39 +0800 <![CDATA[Shanghai stocks surge to 2,031 on upbeat sentiment]]> SHANGHAI stocks advanced the most in three months, surpassing the crucial 2,000-point level, after China's new leadership pledged policy fine-tuning to stabilize and support economic growth in the coming year. The shares also rallied amid optimism about the nation's economic outlook and speculations that the market has bottomed out after recent harsh selling... Chinesestock.org http://www.chinesestock.org Wed, 05 Dec 2012 22:18:32 +0800 <![CDATA[Shanghai stocks recover, adding 0.78%]]> SHANGHAI stocks rebounded from a 46-month low today on speculation the market has been oversold after its recent fall. The key Shanghai Composite Index gained 0.78 percent, or 15.38 points, to close at 1,975.14 points. The daily turnover was 43 billion yuan (US$6.9 billion). "The market is showing signs of being oversold as bargain-hunters began buying at ro... Chinesestock.org http://www.chinesestock.org Tue, 04 Dec 2012 21:04:40 +0800 <![CDATA[Shanghai index sinks to 46-month low on liquidity fear]]> SHANGHAI stocks tumbled again today to 46-month low amid concern over market liquidity, which overshadowed a glowing report about China's recovering manufacturing sector. The key Shanghai Composite Index fell 1 percent, or 20.35 points, to 1,959.77 points, the lowest since January 16, 2009. Daily turnover was 43 billion yuan (US$6.9 billion) at the trading c... Chinesestock.org http://www.chinesestock.org Mon, 03 Dec 2012 21:52:02 +0800 <![CDATA[Shanghai shares tumbled for a 4th day]]> SHANGHAI stocks declined for a fourth day to fresh a 46-month low, dragged down by securities companies, on concern the country's sluggish equity market will erode their profitability. The key Shanghai Composite Index lost 0.51 percent, or 10.03 points to 1,963.49 points, the lowest close since January 16, 2009. Daily turnover shrank to 33.2 billion yuan (US... Chinesestock.org http://www.chinesestock.org Thu, 29 Nov 2012 21:51:56 +0800 <![CDATA[Culture Landmark (HKG:0674) 1H NL rises to $78M; no div]]> Results of Culture Landmark Investment Limited (HKG:0674) for the first 6 months ended 30 September 2012: Net loss: HK$77.594M (HK$47.834M net loss for the same period last year)LPS: HK 12.96 centsDividend: nil... Chinesestock.org http://www.chinesestock.org Thu, 29 Nov 2012 10:32:23 +0800 <![CDATA[ICube Tech (HKG:0139) 1H NL down to $37M; no div]]> Results of ICube Technology Holdings Limited (HKG:0139) for the first 6 months ended 30 September 2012: Net loss: HK$37.188M (HK$135.6M net loss for the same period last year)LPS: HK 1.1 centsDividend: nil... Chinesestock.org http://www.chinesestock.org Thu, 29 Nov 2012 10:31:50 +0800 <![CDATA[Open interests of Nov HSI futures cut 34,700 to 29,145]]> Open interests of November HSI futures reduced 34,700 to 29,145 on last trading day, while those of December HSI futures increased 20,748 to 119,582.... Chinesestock.org http://www.chinesestock.org Thu, 29 Nov 2012 10:30:20 +0800 <![CDATA[Shanghai index falls 0.89% to 46-month low]]> SHANGHAI stocks fell for a third day, sending the key index to its lowest in 46 months, as non-tradable shares will flood the stock market next month and the US market tumbled on "fiscal cliff" anxiety. The benchmark Shanghai Composite Index lost 0.89 percent, or 17.64 points, to 1,973.52 points, the lowest close since January 16, 2009. Daily turnover was 34... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 21:16:20 +0800 <![CDATA[Manulife (HKG:0945) to issue 8M Series 11 preferred shares]]> Manulife Financial Corporation (HKG:0945) announced a Canadian public offering of non-cumulative Rate Reset Class 1 Shares Series 11. Under the offering, Manulife will issue 8 million Series 11 preferred shares priced at C$25 per share to raise gross proceeds of C$200 million. The offering is anticipated to qualify as Tier 1 capital for Manulife. The net pro... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 17:06:11 +0800 <![CDATA[ICBC (SHA:601398, HKG:1398) posts a block trading for $35M]]> ICBC (SHA:601398, HKG:1398) has recorded a block trade deal for a total of 6.7M shrs in auction period. The shares were sold at HK$5.228 apiece or $35M in total.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 17:05:09 +0800 <![CDATA[WYNN MACAU (HKG:1128) posts a block trading for $26.7M]]> WYNN MACAU (HKG:1128) has recorded a block trade deal for a total of 1.2M shrs in auction period. The shares were sold at HK$22.593 apiece or $26.7M in total.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 17:04:39 +0800 <![CDATA[AIA (HKG:1299) posts 2 block tradings for $120M]]> AIA (HKG:1299) has recorded 2 block trade deals for a total of 3.95M shrs in auction period. The shares were sold at HK$30.402 and HK$30.422 apiece or $120M in total.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 17:04:10 +0800 <![CDATA[AGILE PROPERTY (HKG:3383) posts a block trading for $23.6M]]> AGILE PROPERTY (HKG:3383) has recorded a block trade deal for a total of 2.4M shrs in auction period. The shares were sold at HK$9.876 apiece or $23.6M in total.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 17:03:42 +0800 <![CDATA[HSBC HOLDINGS (HKG:0005) posts a block trading for $22.2M]]> HSBC HOLDINGS (HKG:0005) has recorded a block trade deal for a total of 288K shrs in auction period. The shares were sold at HK$77.227 apiece or $22.2M in total.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 16:51:22 +0800 <![CDATA[SRGL (HKG:0223) 1H NL narrows to $14.8M; no div]]> Results of Sino Resources Group Limited (HKG:0223) for the first 6 months ended 30 September 2012: Net loss: HK$14.763M (HK$16.955M net loss for the same period last year)LPS: HK 1 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 16:04:47 +0800 <![CDATA[Shun Cheong (HKG:0650) 1H net profit $2.92M, up 77%; no div]]> Results of Shun Cheong Holdings Ltd. (HKG:0650) for the 6 months ended 30 September 2012: Net profit: HK$2.92M, up 76.54% YoY EPS: HK 0.84 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 16:01:54 +0800 <![CDATA[Alco Holdings (HKG:0328) sinks to red, 1H NL $3M; no div]]> Results of Alco Holdings Limited (HKG:0328) for the first 6 months ended 30 September 2012: Net loss: HK$3.355M (HK$87.083M net profit for the same period last year)LPS: HK 0.6 centDividend: HK 3 cents... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 16:01:30 +0800 <![CDATA[ePRO (HKG:8086) repurchases 5.7M shares]]> ePRO Limited (HKG:8086) bought back about 5.7M shares at between HK$0.58 and HK$0.59 per share, or a total of about HK$3.37M on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:53:32 +0800 <![CDATA[ASIAN CITRUS (HKG:0073) repurchases 116K shares]]> ASIAN CITRUS (HKG:0073) bought back 116K shares at between HK$3.61 and HK$3.64 per share, or a total of about HK$420.7K on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:50:28 +0800 <![CDATA[V.S. Int'l (HKG:1002) issues 115M shares for $19.3M]]> V.S. International Group Limited (HKG:1002) announced that it agreed to place 115 million new shares at the price of HK$0.168 each, raising HK$19.3 million. The net proceeds of HK$19 million will be applied to the general working capital of the Group. The subscription price represents a discount of 6.67% to the closing price of HK$0.18 on the last trading da... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:50:00 +0800 <![CDATA[MICROPORT (HKG:0853) repurchases 450K shares]]> MICROPORT (HKG:0853) bought back 450K shares at between HK$4.56 and HK$4.60 per share, or a total of about HK$2.1M on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:49:33 +0800 <![CDATA[HUABAO INTL (HKG:0336) repurchases 132K shares]]> HUABAO INTL (HKG:0336) bought back 132K shares at between HK$3.69 and HK$3.78 per share, or a total of about HK$496.1K on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:47:49 +0800 <![CDATA[FIRST PACIFIC (HKG:0142) repurchases 1.9M shares]]> FIRST PACIFIC (HKG:0142) bought back 1.9M shares at between HK$8.28 and HK$8.35 per share, or a total of about HK$15.8M on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:08:31 +0800 <![CDATA[Yau Lee Hold (HKG:0406) 1H net profit $36.53M, up 120%; div 1 ct]]> Results of Yau Lee Holdings Ltd. (HKG:0406) for the 6 months ended 30 September 2012: Net profit: HK$36.528M, up 119.69% YoY EPS: HK$0.0834Dividend: HK$0.01... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:07:49 +0800 <![CDATA[SUN HUNG KAI CO (HKG:0086) repurchases 117K shares]]> SUN HUNG KAI CO (HKG:0086) bought back 117K shares at between HK$4.95 and HK$4.99 per share, or a total of about HK$579.2K on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:07:20 +0800 <![CDATA[PALIBURG HOLD (HKG:0617) repurchases 984K shares]]> PALIBURG HOLD (HKG:0617) bought back 984K shares at between HK$2.53 and HK$2.56 per share, or a total of about HK$2.5M on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:04:47 +0800 <![CDATA[CH POLYMETAL (HKG:2133) repurchases 100K shares]]> CH POLYMETAL (HKG:2133) bought back 100K shares at HK$1.55 per share, or a total of about HK$155K on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:04:19 +0800 <![CDATA[SBI (HKG:6488) repurchases 439 shares]]> SBI (HKG:6488), on request from shareholders, bought back 439 shares at JPY635.00 per share by private arrangement, or a total of about JPY278.8K on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:03:43 +0800 <![CDATA[Vision Fame (HKG:1315) 1H net profit $23.203M, down 14%; no div]]> Results of Vision Fame International Holding Ltd. (HKG:1315) for the 6 months ended 30 September 2012: Net profit: HK$23.203M, down 13.8% YoY EPS: HK$0.0773Dividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 15:02:46 +0800 <![CDATA[Golden Meditech (HKG:0801) 1H net profit $85.26M, up 11%; no div]]> Results of Golden Meditech Holdings Ltd. (HKG:0801) for the 6 months ended 30 September 2012: Net profit: HK$85.255M, up 11.23% YoY EPS: HK$0.0423Dividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:56:55 +0800 <![CDATA[EVA HOLDINGS (HKG:0838) repurchases 6.7M shares]]> EVA HOLDINGS (HKG:0838) bought back 6.7M shares at between HK$0.94 and HK$0.95 per share, or a total of about HK$6.4M on November 27.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:56:17 +0800 <![CDATA[Bestway Int'l (HKG:0718) 1H NL widens to $5M; no div]]> Results of Bestway International Holdings Limited (HKG:0718) for the first 6 months ended 30 September 2012: Net loss: HK$4.999M (HK$2.583M net loss for the same period last year)LPS: HK 0.14 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:55:50 +0800 <![CDATA[V.S. Int'l (HKG:1002) Q1 NL $8.8M]]> V.S. International Group Limited (HKG:1002) announced that for the three months ended 31 October 2012, the Company recorded a net loss after tax and minority interests HK$8.8 million.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:55:04 +0800 <![CDATA[ITC Corporation (HKG:0372) 1H net profit $162M, up 171%; div 1 ct]]> Results of ITC Corporation Limited (HKG:0372) for the first 6 months ended 30 September 2012: Net profit: HK$162.141M, up 171.45% YoYEPS: HK 20.79 centsDividend: HK 1 cent... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:54:29 +0800 <![CDATA[Xpress (HKG:0185) interest in SingXpress diluted to 19.8%]]> Xpress Group Limited (HKG:0185) announced that SingXpress has received a conversion notice from the subscriber on 27 November 2012, to convert all subscription shares into ordinary shares of SingXpress. Following the conversion, the SingXpress shares retained by the Group has been diluted from 52.4% to 19.8%. Accordingly, SingXpress has ceased to be a subsid... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:53:51 +0800 <![CDATA[Strong Petro (HKG:0852) back to black, 1H NP $93M; no div]]> Results of Strong Petrochemical Holdings Limited (HKG:0852) for the first 6 months ended 30 September 2012: Net profit: HK$93.099M (HK$17.135M net loss for the same period last year)EPS: HK$0.06Dividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:51:37 +0800 <![CDATA[Next Media (HKG:0282) halted for execution of biz sale agt]]> At the request of Next Media Limited (HKG:0282), trading in the company's shares will be suspended with effect from 9:00 a.m. on 28 November 2012 pending the issue of an announcement in relation to the execution of the definitive agreements for the sale of the group's print and TV business in Taiwan, which constitutes a very substantial disposal transaction ... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:51:09 +0800 <![CDATA[Styland (HKG:0211) turns around, 1H net profit $5.8M; no div]]> Results of Styland Holdings Limited (HKG:0211) for the first 6 months ended 30 September 2012: Net profit: HK$5.83M (HK$9.893M net loss for the same period last year)EPS: HK 0.16 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:49:56 +0800 <![CDATA[Quam (HKG:0952) sinks to red, 1H NL $4.4M; no div]]> Results of Quam Limited (HKG:0952) for the first 6 months ended 30 September 2012: Net loss: HK$4.424M (HK$238k net profit for the same period last year)LPS: HK 0.38 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:38:31 +0800 <![CDATA[Cosmopol Int'l (HKG:0120) 1H net profit $15M, down 97.5%; no div]]> Results of Cosmopolitan International Holdings Limited (HKG:0120) for the first 6 months ended 30 September 2012: Net profit: HK$14.577M, down 97.5% YoYEPS: HK 0.12 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:37:35 +0800 <![CDATA[SIBERIAN MINING (HKG:1142) trading suspended]]> Trading of SIBERIAN MINING (HKG:1142) has been suspended.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:36:50 +0800 <![CDATA[Pioneer Global (HKG:0224) 1H net profit $384M, up 140%; div 1.3 ct]]> Results of Pioneer Global Group Limited (HKG:0224) for the first 6 months ended 30 September 2012: Net profit: HK$383.56M, up 140% YoYEPS: HK 33.24 centsDividend: HK 1.3 cents... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:36:21 +0800 <![CDATA[NEXT MEDIA (00282) trading suspended]]> NEXT MEDIA (HKG:0282) trading suspended... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:24:58 +0800 <![CDATA[OP Fin Inv (HKG:1140) turns around, 1H net profit $15M; div 10 ct]]> Results of OP Financial Investments Limited (HKG:1140) for the first 6 months ended 30 September 2012: Net profit: HK$15.139M (HK$93.553M net loss for the same period last year)EPS: HK 1.61 centsDividend: HK 10 cents... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:24:25 +0800 <![CDATA[China Motion (HKG:0989) 1H NL narrows to $3.7M; no div]]> Results of China Motion Telecom International Limited (HKG:0989) for the first 6 months ended 30 September 2012: Net loss: HK$3.663M (HK$4.519M net loss for the same period last year)LPS: HK 0.13 centsDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:23:19 +0800 <![CDATA[Nan Nan Res (HKG:1229) turns around, 1H net profit $16M; no div]]> Results of Nan Nan Resources Enterprise Limited (HKG:1229) for the first 6 months ended 30 September 2012: Net profit: HK$16.307M (HK$3.125M net loss for the same period last year)EPS: HK 2.13 centsDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:22:21 +0800 <![CDATA[China Solar (HKG:0155) sees substantial loss for 1H]]> China Solar Energy Holdings Limited (HKG:0155) expected that the Group will record a substantial loss for the six months ended 30 September 2012 as compared to the loss recorded for the six months ended 30 September 2011. The Company said that the incur of a substantial loss is mainly attributable to the impairment loss to be recognised in respect of the goo... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:21:17 +0800 <![CDATA[Lung Cheong (HKG:0348) 1H net profit down 99.67% to $285k; no div]]> Results of Lung Cheong International Holdings Limited (HKG:0348) for the first 6 months ended 30 September 2012: Net profit: HK$285k, down 99.67% YoYEPS: HK 0.01 centDividend: nil... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:20:48 +0800 <![CDATA[ITC Properties (HKG:0199) 1H net profit $405M; div 5 ct]]> Results of ITC Properties (HKG:0199) for the first 6 months ended 30 September 2012: Net profit: HK$404.831M (HK$89.165M net loss for the same period last year)EPS: HK 1.06 centsDividend: HK 5 cents... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:20:10 +0800 <![CDATA[The Exchange News Nov. 28]]> Hong Kong Exchanges and Clearing Limited and/or its subsidiaries endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its accuracy and reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage ariing from any inaccuracies or omissions. ... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:19:28 +0800 <![CDATA[Price/Yield Table of New EFN at Tender Nov .28]]> Outlines of the new EFN at tender:- Issue No.10Y2212 ---------------- - Stock Code : 4033 (EFN 0.55 2212) - Issue Date : 4/12/2012 - Maturity Date : 5/12/2022 - Maturity Life : 10 years - Coupon Rate : 0.55% p.a. - Amount on Offer : $800 million - HKMA Tender Closing Date : 3/12/2012 (10:30 am) - Closing Date for Public : 29/11/2012 (3:45 pm) Tender through ... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:18:32 +0800 <![CDATA[Open interests of Nov HSI futures cut 38,670 to 63,845]]> Open interests of November HSI futures reduced 38,670 to 63,845 on last trading day, while those of December HSI futures increased 40,157 to 98,834.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:06:51 +0800 <![CDATA[Open interests of Nov HSI futures cut 38,670 to 63,845]]> Open interests of November HSI futures reduced 38,670 to 63,845 on last trading day, while those of December HSI futures increased 40,157 to 98,834.... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:06:15 +0800 <![CDATA[Latest EFN Closing Yield-to-Maturity of Last 5 Trading Days Nov. 28]]> Yield-to-Maturity at Closing from the OTC market as of the last 5 trading days of the latest EFN in issue with similar time-to-maturity ('Latest EFN') as the EFN at tender for reference: Re: EFN at tender (HKMA Issue No. 10Y2212) Latest Same Maturity Closing Yield-to-Maturity EFN HKMA Coupon at Closing (%pa)* Stock Issue Issue Maturity Rate 2012 Code No. D... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 14:05:48 +0800 <![CDATA[Stocks slide on 'fiscal cliff' warning]]> STOCKS slumped on Wall Street yesterday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the US budget impasse in Washington. The Dow Jones industrial average closed down 89.24 points, or 0.7 percent, to 12,878.13. The Dow and other indexes had been moving between small gains and losses for most of the day,... Chinesestock.org http://www.chinesestock.org Wed, 28 Nov 2012 10:25:39 +0800 <![CDATA[Shanghai Composite sinks its lowest since Feb 2009]]> SHANGHAI stocks fell the most in two weeks, sending the key index to below the 2,000 mark, jittery over a potential liquidity crunch offset an accelerated growth in industrial profit. The benchmark Shanghai Composite Index lost 1.3 percent, or 26.30 points, to 1,991.16 points, the lowest close since February 2009. Turnover was 39 billion yuan (US$6.3 billion... Chinesestock.org http://www.chinesestock.org Tue, 27 Nov 2012 21:01:49 +0800 <![CDATA[Shanghai index up 0.58% on rising sentiment]]> SHANGHAI stocks advanced today as market sentiment was lifted by Chinese Vice Premier Li Keqiang's pledge to deepen reform to support economic growth. The benchmark Shanghai Composite Index rose 0.58 percent, or 11.77 points, to 2,027.38 points, with a daily turnover of 38.3 billion yuan (US$6.2 billion). The index added 0.63 percent for the week, the first ... Chinesestock.org http://www.chinesestock.org Fri, 23 Nov 2012 22:20:03 +0800 <![CDATA[Shanghai index falls as hope for more easing wanes]]> SHANGHAI stocks declined today as China's accelerating manufacturing activity dampened hope for more policy easing. The benchmark Shanghai Composite Index fell 0.72 percent to 2,015.61 points. Turnover was 33.7 billion yuan (US$5.4 billion) at the trading close. HSBC's Flash Purchasing Managers' Index, the earliest indicator of China's manufacturing activity... Chinesestock.org http://www.chinesestock.org Thu, 22 Nov 2012 22:03:18 +0800 <![CDATA[Shanghai index up 1.1%, led by financial stocks]]> SHANGHAI stocks advanced the most in nearly three weeks, led by financial stocks after China's top securities regulator unveiled new measures to boost the capital market. The key Shanghai Composite Index rose 1.1 percent, the biggest gain since November 1, to close at 2,030.32 points. Daily turnover was 39.7 billion yuan (US$6.4 billion). The China Securitie... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 22:10:13 +0800 <![CDATA[Sound Global (HKG:0967) repurchase RMB15M convertible bonds]]> Sound Global Ltd. (HKG:0967) announced that on 15 November 2012, it has repurchased an aggregate principal amount of RMB15 million of convertible bonds by way of an over-the-counter purchase. The repurchased bonds were repurchased at the price of 99% of the aggregate principal amount and the settlement of the abovementioned repurchased bonds took place on 20... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:49:21 +0800 <![CDATA[Gold Peak (HKG:0040) 1H net profit $40.58M, up 11%; div 2 ct]]> Results of Gold Peak Industries (Holdings) Ltd. (HKG:0040) for the 6 months ended 30 September 2012: Net profit: HK$40.58M, up 10.9% YoY EPS: HK$0.0517Dividend: HK$0.02 per share... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:48:56 +0800 <![CDATA[HKEx (HKG:0388), Shaanxi financial affairs office sign MOU]]> Hong Kong Exchanges and Clearing Limited (HKG:0388) (HKEx) and the Shaanxi Province Financial Affairs Office signed a memorandum of understanding today on cooperation and exchange of information. The MOU was signed by HKEx Assistant Vice President of Mainland Development Franky Chung and Deputy Director of the Shaanxi Province Financial Affairs Office Teng X... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:43:56 +0800 <![CDATA[Jiuzhou Dev (HKG:0908) to change name to Zhuhai Hold Inv]]> The board of directors of Jiuzhou Development Company Limited (HKG:0908) proposes to change the name of the company to "Zhuhai Holdings Investment Group Limited".... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:37:34 +0800 <![CDATA[City Telecom (HKG:1137) FY12 net profit $3.7B, up 1,079%; div 15 ct]]> Results of City Telecom (H.K.) Limited (HKG:1137) for the fiscal year ended 31 August 2012: Net profit: HK$3.7B, up 1,079% YoYEPS: HK$4.719Final dividend: HK$0.15... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:34:15 +0800 <![CDATA[China-HK Photo (HKG:1123) 1H net profit $5.83M, up 34%; div 2 ct]]> Results of China-Hongkong Photo Products Holdings Ltd. (HKG:1123) for the 6 months ended 30 September 2012: Net profit: HK$5.83M, up 34.3% YoY EPS: HK 0.5 centSpecial dividend: HK 2 cents... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:19:15 +0800 <![CDATA[HSBC HOLDINGS (HKG:0005) posts a block trading for $27.7M]]> HSBC HOLDINGS (HKG:0005) has recorded a block trade deal for a total of 364K shrs. The shares were sold at HK$76.00 apiece or $27.7M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:18:49 +0800 <![CDATA[BEIJING ENT (HKG:0392) posts a block trading for $25.4M]]> BEIJING ENT (HKG:0392) has recorded a block trade deal for a total of 509.5K shrs. The shares were sold at HK$49.875 apiece or $25.4M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:18:28 +0800 <![CDATA[TENCENT (HKG:0700) posts a block trading for $38.3M]]> TENCENT (HKG:0700) has recorded a block trade deal for a total of 150K shrs. The shares were sold at HK$255.3 apiece or $38.3M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:16:16 +0800 <![CDATA[SHANGRI-LA ASIA (HKG:0069) posts a block trading for $30M]]> SHANGRI-LA ASIA (HKG:0069) has recorded a block trade deal for a total of 2M shrs. The shares were sold at HK$15.00 apiece or $30M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:15:56 +0800 <![CDATA[GALAXY ENT (HKG:0027) posts a block trading for $30.7M]]> GALAXY ENT (HKG:0027) has recorded a block trade deal for a total of 1.1M shrs. The shares were sold at HK$27.80 apiece or $30.7M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:14:56 +0800 <![CDATA[Texwinca (HKG:0321) 1H retail gross margin up 1.5 ppt]]> Texwinca Holdings Limited (HKG:0321) announced that for the 6 months ended 30 September 2012, the sales of its retail and distribution business decreased by 7% to HK$2.739 billion, but gross profit margin increased slightly by 1.5 percentage points to 47.2% from last year's 45.7%. In the first half, the group reduced 29 stores mainly in the Mainland China. I... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:14:37 +0800 <![CDATA[NWD (HKG:0017) expects ppt prices to rise 8-10% in 2012]]> Adrian Cheng Chi-kong, one of the joint managing director and an executive director of New World Development (HKG:0017), said that although the implementation of new curbing measures has reduced the amount of transactions in the property market, the group has not slowed down the pace of selling flats. He added that the group has 6 more launches until Februar... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:10:53 +0800 <![CDATA[Beijing Ent (HKG:0392) buys 50% Beiran & HKCG at $52M]]> Beijing Enterprises Holdings Limited (HKG:0392)announced that it agreed to acquire from Beiran Enterprises 50% equity interest of target company Beijing Beiran &amp; HKCG Gas Company Limited at a consideration of RMB42.14 million (HK$52.02 million). The target company is currently held as to 50%, 49% and 1% by Beiran Enterprises, The Hongkong and China Gas C... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:10:20 +0800 <![CDATA[China Taiping (HKG:0966) to list US$300M notes on Nov 22]]> China Taiping Insurance Holdings Company Limited (HKG:0966) announced that an application has been made to The Stock Exchange of Hong Kong Limited for the listing of, and permission to deal in the US$300 million 4.125% guaranteed notes due 2022 to be issued by way of debt issues to professional investors only, as described in the offering circular relating t... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:10:00 +0800 <![CDATA[KB LAMINATES (HKG:1888) posts a block trading for $83M]]> KB LAMINATES (HKG:1888) has recorded a block trade deal for a total of 25M shrs. The shares were sold at HK$3.32 apiece or $83M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:09:41 +0800 <![CDATA[Chinlink (HKG:0997) inks MOU for lending, consultancy biz]]> In relation to the memorandum of understanding it has entered into with the financial affairs office of Hanzhong City, Shaanxi Province for the establishment of a wholly foreign-owned enterprise (WFOE) to principally engage in the provision of financial guarantee in Hanzhong City, Chinlink International Holdings Limited (HKG:0997) said that it entered into a... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:09:20 +0800 <![CDATA[Allied Ppt (HKG:0056): AP Finance inks second loan agt]]> Allied Properties (H.K.) Limited (HKG:0056) (APL) announced that AP Finance Limited (a non wholly-owned subsidiary of the company) has entered into a second new loan agreement with the borrower, to provide a cash advance facility in the total amount of HK$361 million, which comprises the amount of the existing advance (HK$281 million) and the new facility (H... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:09:02 +0800 <![CDATA[CST Mining (HKG:0985) updates Lady Annie output estimates]]> CST Mining Group Limited (HKG:0985) announced two updated mineral resource estimates at the Lady Annie Operations in northwestern Queensland, Australia. The latest resource estimate for Anthill is 13.8 million tonnes (0.70% copper for 97,000 tonnes copper metal) and for Lady Brenda is 9.2 million tonnes (0.48% copper for 44,000 tonnes copper metal).... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:08:41 +0800 <![CDATA[KB LAMINATES (HKG:1888) posts a block trading for $79.4M]]> KB LAMINATES (HKG:1888) has recorded a block trade deal for a total of 23.9M shrs. The shares were sold at HK$3.32 apiece or $79.4M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:08:15 +0800 <![CDATA[WYNN MACAU (HKG:1128) posts a block trading for $21.4M]]> WYNN MACAU (HKG:1128) has recorded a block trade deal for a total of 992K shrs. The shares were sold at HK$21.55 apiece or $21.4M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:07:00 +0800 <![CDATA[TINGYI (HKG:0322) posts a block trading for $20.8M]]> TINGYI (HKG:0322) has recorded a block trade deal for a total of 960K shrs. The shares were sold at HK$21.70 apiece or $20.8M in total. ... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:05:38 +0800 <![CDATA[JPMorgan ups Lee & Man Paper (HKG:2314) target to $5.5]]> Lee &amp; Man Paper (HKG:2314) has posted a net profit growth of 4% in the first half of the fiscal year 2013. JPMorgan said in its research report that it believes the company has benefited from lower cost of production during the summer of 2012 and is now benefiting from stronger demand and higher product prices. The brokerage has raised the target price t... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:05:22 +0800 <![CDATA[Texwinca Hold (HKG:0321) 1H net profit $232M, down 59%; div 13 ct]]> Results of Texwinca Holdings Limited (HKG:0321) for the first 6 months ended 30 September 2012: Net profit: HK$232.272M, down 59.29% YoYEPS: HK 17.1 centsDividend: HK 13 cents... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:04:59 +0800 <![CDATA[China Resources (HKG:0291) 9-month net profit $3.373B, up 33%]]> Results of China Resources Enterprise, Limited (HKG:0291) for the first 9 months ended 30 September 2012: Net profit: HK$3.373B, up 33.06% YoYEPS: HK$1.4... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 21:04:28 +0800 <![CDATA[Shanxi to build four large coking industry parks]]> (Xinhua Photo) Edited and translated by Liang JunShanxi boasts abundant energy and it ranks first in coke production in China, with its output over 90 million tons in 2011. At present, the province's coke production capacity has reached more than 9 million tons. It is expected that four coking industrial parks with production capacity of 10 million metr... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 17:25:09 +0800 <![CDATA[Short Sell Turnover (Main Board) up to day close Nov.21]]> Short Sell Turnover (Main Board) up to day close today: Turnover CODE NAME OF STOCK (SH) ($) 1 CHEUNG KONG 56,000 6,345,700 2 CLP HOLDINGS 244,000 16,206,575 3 HK &amp; CHINA GAS 631,000 12,786,200 4 WHARF HOLDINGS 344,000 18,724,150 5 HSBC HOLDINGS 1,502,000 113,918,540 6 POWER ASSETS 102,500 6,947,200 8 PCCW 311,000 985,790 10 HANG LUNG GROUP 355,000 15,48... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 16:25:33 +0800 <![CDATA[More investors approved as QFIIs]]> China's top securities regulator is speeding up the broadening of the financing channel for qualified foreign institutional investors, aiming to boost the domestic capital market.In November, seven more foreign investors were approved as QFIIs by the China Securities Regulatory Commission and the State Administration of Foreign Exchange, raising the total nu... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 16:06:57 +0800 <![CDATA[Trade and investment to solve differences]]> CHINESE Premier Wen Jiabao said yesterday that Sino-US differences could be resolved through trade and investment.At a meeting in Phnom Penh, Wen told US President Barack Obama that the Sino-US relationship was now one of the most important bilateral ties in the world and maintaining its development was in the interests of both countries.Obama told Wen: "I'm... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 15:54:33 +0800 <![CDATA[AgBank gets nod to acquire Jiahe]]> THE Agricultural Bank of China, the country's third-biggest lender, has received regulatory approval for its purchase of a 51 percent stake in Jiahe Life Insurance Co.AgBank will pay about 2.6 billion yuan (US$412 million) for more than 1 billion shares of the Beijing-based insurer. And the transaction was recently approved by the China Banking Regulatory Co... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 15:39:09 +0800 <![CDATA[Additive scandal poisons liquor stocks]]> Stocks in Chinese liquor companies heavily impacted Monday by an alleged additive scandal saw a slight rebound Tuesday, though Jiugui Liquor, a high-end liquor producer, did not resume trading after a media report revealed that the company's products may contain excessive plasticizer. Plasticizer is a chemical which experts say may cause harm to human immune... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 13:35:22 +0800 <![CDATA[Japan logs 549 billion yen trade deficit in October]]> Japan registered a 549 billion yen ( some 6.70 billion U.S. dollars) trade deficit in October as exports to China and Europe remained weak, according to the data released by the government Wednesday.The Finance Ministry said, the overall exports fell 6.5 percent to 5,150 billion yen from the previous year, for the fifth straight month of decline.Japan's expo... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 13:30:59 +0800 <![CDATA[ABC's stake in insurance firm approved]]> The Agricultural Bank of China (ABC), the country's fourth-largest lender, said on Wednesday that it has got the regulatory nod to purchase a 51-percent stake in Jiahe Life Insurance Co. for 2.59 billion yuan (411.11 million U.S. dollars).The bank has received approval from the China Banking Regulatory Commission and China Securities Regulatory Commission to... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 13:28:35 +0800 <![CDATA[Investing in China, Part II: Vibrant Opportunities amid Transition]]> For foreign investors, China's consumption transition signifies new opportunities amidst global uncertainties The "oriental pearl" is still shining, maintaining an attractive environment for global investors. (Photo/China Daily) Investing in China, Part I: A Time of HarvestFor a long time, China has served as a sustained growth engine for multinational corpo... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 13:21:59 +0800 <![CDATA[Economies of China, Latin America complementary]]> The economies of China and Latin American countries are highly complementary, and bilateral trade has enjoyed rapid growth, a Chinese bank official told the 46th Annual Meeting of the Latin American Federation of Banks here on Tuesday.The expansion of China's domestic demand has been a driving force of Latin American economies, Ma Suhong, deputy division chi... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 13:20:13 +0800 <![CDATA[Short Sell Turnover (Main Board) up to morning close Nov.21]]> Short Sell Turnover (Main Board) up to morning close today: Turnover CODE NAME OF STOCK (SH) ($) 1 CHEUNG KONG 25,000 2,833,900 2 CLP HOLDINGS 45,000 2,990,225 3 HK &amp; CHINA GAS 41,000 829,600 4 WHARF HOLDINGS 48,000 2,611,850 5 HSBC HOLDINGS 718,800 54,511,140 6 POWER ASSETS 33,000 2,238,025 8 PCCW 69,000 217,910 10 HANG LUNG GROUP 65,000 2,839,350 11 HA... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 12:25:58 +0800 <![CDATA[A More Global Yuan]]> USING THE YUAN: China is accelerating the process of internationalizing its currency (ZHANG CHUNLEI) Sales of RQFII products prove international demand for the renminbi is growingDemand for the renminbi in Hong Kong has led several senior officials, including Financial Secretary John Tsang Chun-wah, Secretary for Financial Services and the Treasury K.C... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 10:58:30 +0800 <![CDATA[Chinese yuan further advances to 6.2908 against USD]]> The Chinese currency Renminbi, or the yuan, advanced 18 basis points to 6.2908 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 percent from the central parity rate each trading day.The central parity rate of the yuan against the U.S.... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 10:55:08 +0800 <![CDATA[China stock index futures open higher Wednesday]]> China's stock index futures opened higher on Wednesday, with the contract for settlement in December, the most actively traded, up 5.8 points to open at 2,177.The contract for settlement in January 2013 climbed 6.4 points to open at 2,187, while the contract for settlement in March 2013 opened at 2,208.8, up 6.8 points. The contract for settlement in June 20... Chinesestock.org http://www.chinesestock.org Wed, 21 Nov 2012 10:54:46 +0800