market

Tangshan Jidong Cement Co. plans to raise 1.9 billion yunan ($279.5 million) via the placement of 135 million shares to Diamondrock Investment Ltd., according to a filing to Shenzhen's stock exchange. The shares will be sold at 14.21 yuan each, Tangshan Jidong Cement said in the ...
HONG KONG Carlyle Group said it has agreed to buy an 11.3% stake in animal-feed maker C.P. Pokphand Co. from one of Thailand's biggest agricultural companies for $175 million, a bet by the U.S. investment firm on China's growing appetite for meat. C.P. Pokphand is China's second...
Chinese companies raised the most this decade in first-half initial public offerings as Huatai Securities Co. and more than 170 other firms tapped the country's financial markets. Companies raised 215.3 billion yuan ($31.8 billion) from IPOs, said Tong Daochi, the China ...
Baring Private Equity Asia is beginning fund-raising for a new $1.75 billion Asia-focused fund, said two people with knowledge of the firm's plans. Throughout Asia, analysts and bankers see opportunity for bigger returns in the coming months as Asian stock markets rise. ...
China is attracting renewed interest from private equity groups after a series of highly profitable deals that have marked a sharp turnround from the previous poor record for buy-out firms in the country. For years there has been growth in China but it has been profitless growth, ...
China Everbright Bank Co. may raise as much as 21.7 billion yuan ($3.2 billion) from its initial public offering in Shanghai. The bank set the sale price at 2.85 yuan to 3.1 yuan a share, according to a statement to the stock exchange today. It plans to sell as many as 7 billion ...
Groupe Danone SA agreed to sell its stake in China's biggest pure-juice maker to SAIF Partners Ltd., a venture capital fund focused on China and India, for $200 million euros ($260 million). The Hong Kong-based fund, which manages $4 billion, will acquire the 22.98 percent stake ...
China Life Insurance Co. Chairman Yang Chao said the company will study whether to subscribe to pan-Asia life insurer AIA Group Ltd.'s pending initial public offering but wants to see the pricing before making a decision. China Life canceled a plan in March last year to buy a ...
Shanghai has designed a pilot scheme for the qualified foreign limited partner (QFLP) system, and submitted the plan to the State Administration of Foreign Exchange and the Ministry of Commerce for approval, said Fang Xinghai, director of the Financial Services Office of Shanghai...
Springland International Holdings Ltd., an operator of department stores and supermarkets in China, raised about HK$3.7 billion ($477 million) selling shares at the top of the forecast range in an initial public offering in Hong Kong, according to terms for the transaction. The ...
South Carolina's pension fund is creating an independent firm to oversee the fund's private equity holdings doing what it would have paid a private equity firm to do. The effort is similar to the direct investment funds created by two of Canada's biggest pension plans Ontario ...
Pat McGovern is the founder and chairman of International Data Group (IDG), the world's leading technology media, events, and research company with 2009 revenues of $3.05 billion. He is on the Advisory Board of IDG Capital Partners which manages $2.5 billion in capital to invest ...
Bank of China Ltd. will buy a $30 million stake in the initial public offering of Huaneng Renewables Corp., the clean energy unit of China's biggest electricity producer. The planned purchase was detailed in the prospectus for the sale, released in Hong Kong today. Intended ...
The China Healthcare Growth Fund aims to capitalise on a partial opening of China's healthcare system to foreign investment. The private equity fund will acquire hospital management contracts from the government, with the aim of turning state-owned hospitals that have underperfor...
Nov 24 (Reuters) - China's foreign exchange regulator has granted Shanghai's government a $3 billion quota for a pilot programme that will allow other currencies to be converted into yuan for private equity investment, said two people with knowledge of the situation. The ...
THE past year was another challenging one for investors, as debt ructions in Europe and a moribund US economy put a dampener on sentiment. The Australian's Katherine Jimenez spoke to five leading lights of the investment community about their outlook for 2011 The participants: ...
Business Exchange Buzz up! Digg Print Email Dec. 21 (Bloomberg) -- China Shenhua Energy Co., the unit of the nation's biggest coal producer, rose in Shanghai and Hong Kong trading after it agreed to pay $1.3 billion for assets from its parent. The shares gained as much as 7.7 ...
The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of yesterday's close. The Shanghai Composite Index, which tracks the bigger of China's stock exchanges, gained 0.1 percent to 2,927.08. The CSI 300 ...
This is part two of LDK Solar s (NYSE: LDK) recent financing activities. Much of LDK's financing rush described in part one may be linked to the company's persistent efforts on keeping their corporate plans intact. Perhaps one of their ultimate goals is to ensure a successful HK ...
It's not always so difficult to know when an asset is in a bubble. The real challenge is determining when it will pop. Suppose we can travel back in time and detect all the market bubbles that went bust. How much pain would we save ourselves? How much wealth would we forgo? ...
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China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Reforms to fuel Shanghai's growth in 2014
Reforms to fuel Shanghai's growth in 2014
BEIJING, Jan. 27 (Xinhuanet) -- Shanghai's financial sector grew 13.7 ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
Xinhua Feature: World's political, business leaders gather in Davos for WEF
Xinhua Feature: World's political, business leaders gather in Davos for WEF
DAVOS, Switzerland, Jan. 22 (Xinhua) -- The snow-covered Swiss town of ...
Chinese leader calls for more marine power
Chinese leader calls for more marine power
Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Super car club in commercial drive
Super car club in commercial drive
On the night of Nov 11, more than 150 super cars were driven into the ...
Fourteen countries expected to compete in Cuba's wrestling tourney
Fourteen countries expected to compete in Cuba's wrestling tourney
Some 14 countries and regions are expected to compete in the 45th ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...