zondag, februari 29, 2004

 

Air China plans to go public in foreign stock markets

China's national flag carrier, Air China, will be listed in foreign stock markets, probably within this year, the state media reported today. (bron: The Hindu)
lees complete artikel
 

China tightens bank rules

China's banking watchdog announced yesterday that it will tighten capital adequacy rules in a bid to curb excessive loan growth and ensure better risk management in the world's fastest growing economy. (bron: Business Times Asia)
lees complete artikel

vrijdag, februari 27, 2004

 

China Internet IPOs Log On To Wireless, Web Svcs Boom

China-based Internet companies are lining up for overseas initial public offerings as investor enthusiasm for the sector rises from the ashes of the 2001 dot-com bust. Potentially offering investors access to the explosive growth in revenue from wireless and Internet value-added services, at least four leading Internet companies in China hope to raise a total of US$680 million in total in the first half of 2004. (bron: Yahoo Finance Singapore)
lees complete artikel
 

China's reserve pile and credit boom

BY end-2003, China had amassed about US$400 billion of international reserves, second only to Japan, and equivalent to about a quarter of the country's gross domestic product (GDP). (bron: Business Times Asia)
lees complete artikel
 

Steel production faces constraints

Insufficient supply of raw materials supply and electricity, coupled with inadequate transport capacity, would constrain the growth of China's steel industry this year, said an industrial expert here Thursday. (bron: Xinhuanet)
lees complete artikel

donderdag, februari 26, 2004

 

Lage Landen richt vizier op China

De Lage Landen International BV richt haar vizier nadrukkelijk op China. Daartoe zal de Rabobankdochter als eerste stap op 1 juli 2004 een vestiging openen in Singapore. De Lage Landen houdt zich bezig met de financiering en leasing van activa over de hele wereld en heeft het hoofdkantoor in Eindhoven. (bron: Eindhovens Dagblad)
lees complete artikel
 

China seas hold 40 billion tons of oilgas reserves

Oilgas resources equivalent to about 40 billion tons of oil lie in China's seas, a five-year survey by the China Geological Survey Bureau has shown. (bron: Xinhuanet)
lees complete artikel
 

Urban-rural income gap larger: survey

Despite the robust growth of its economy, China is suffering a bigger and bigger disparity between rural and urban areas. A survey conducted by the Economic Research Institute of the Chinese Academy of Social Sciences shows that the income gap between rural and urban residents has kept growing in the past five years, and China has become one of the countries with the largest urban-rural gap in the world. (bron: Xinhuanet)
lees complete artikel

woensdag, februari 25, 2004

 

Nothing jinxes IPO success for China Oriental - FinanceAsia.com

Steel billet maker China Oriental secured a HK$1.93 billion ($248 million) IPO at the very top end of its indicative range yesterday (Tuesday). With JPMorgan and Merrill Lynch as joint bookrunners, a 700 million share offering was priced at HK$2.75 per share after being marketed on a wide range spanning HK$2.10 to HK$2.75. (bron: FinanceAsia.com)
lees complete artikel

dinsdag, februari 24, 2004

 

China's largest commercial bank hopes to go public in 2006

The Industrial and Commercial Bank of China, the leading state-owned commercial bank, said Tuesday it hoped to win a stock market listing in 2006 in tandem with completion of joint-stock renovation. (bron: Xinhuanet)
lees complete artikel
 

China sells 11,717 prospecting, mining rights in 2003

China last year sold 11,717 prospecting and mining rights through bids, auctions and other public means, according to figures released Monday by the Ministry of Land and Resources at a national conference on mine resources. (bron: Xinhuanet)
lees complete artikel
 

Costs for raw materials raise China price index

China's producer prices rose in January at their fastest pace in nine months, the government said Monday, as industrial output grew at a record pace, pushing up prices of raw materials. (bron: International Herald Tribune)
lees complete artikel
 

SMIC launches listing roadshow

China's biggest microchip maker, Semiconductor Manufacturing International Corp (SMIC), kicked off its initial public offering roadshow yesterday with a vow to boost sales 40 per cent a year - as sources close to the deal said it could raise up to US$1.59 billion. (bron: The Standard)
lees complete artikel

maandag, februari 23, 2004

 

Bedrijven krijgen meer voet aan wal in China

China, het beloofde land. Dat is althans het beeld dat veel bedrijven van deze communistische staat schetsen. TPG en ING waren donderdag de laatste in een rij van Nederlandse beursgenoteerde ondernemingen die soms flinke investeringen hebben aangekondigd. Heineken, Aegon, Akzo Nobel, Shell, ABN Amro en Philips hebben de laatste twaalf maanden allemaal geld in China gestoken. (bron: De Financiële Telegraaf)
lees complete artikel
 

China: Going Global

Nestled deep in Kwun Tong, Hong Kong's gritty factory district, China's leading cell-phone manufacturer is plotting to conquer the world. Hatched in 1992 to make pagers in its namesake coastal city, Ningbo Bird sold more handsets on the mainland last year—nearly 11 million—than Nokia or Motorola. But that was then, and now Wang Jianping, director of Bird International Ltd., has fixed his gaze three to five years down the road—on markets like Vietnam, India and Africa. 'China could reach basic equilibrium in just three years,' he says, meaning the cell-phone market could be fully mature and new business opportunities increasingly rare. 'For us to grow, overseas expansion is a must.' (bron: MSNBC)
lees complete artikel
 

China to start innovating instead of copying as research strategy

Chinese Science and Technology Minister Xu Guanhua said here Sunday that China has to change its research strategy from copying advanced lab work to stimulating innovation by Chinese scientists themselves. (bron: Xinhuanet)
lees complete artikel

zondag, februari 22, 2004

 

China IT giant adopts new company structure, focusing on PCs,related products

The Legend Group Limited (Legend),China's largest IT enterprise, has drastically reorganized its company structure. The new organizational structure features three areas, namely, marketing, operations and R&D - all oriented to the company's core business of PCs and related products. (bron: Xinhuanet)
lees complete artikel
 

China to build population information network

China aims to build an information network by 2006 that pools information about its citizens from various sectors, ranging from police to family planning, taxation and educational departments. (bron: Xinhuanet)
lees complete artikel

zaterdag, februari 21, 2004

 

China plans to turn its bonded zones into free trade areas

China plans to turn its 15 bonded zones into free trade areas, and the Waigaoqiao bonded zone in Shanghai will be the pilot, Cheng Siwei, an economist and vice-chairman of the National People's Congress Standing Committee, China's top legislature, said here on Friday. (bron: Xinhuanet)
lees complete artikel

vrijdag, februari 20, 2004

 

Rabobank China Note

Marcel Tak analyseert de Rabobank China Note op IEX.
Met de note kan de belegger profiteren van de volgens velen gunstige, economische ontwikkeling die het in naam nog communistische China te wachten staat.

lees complete artikel
 

FAO experts say China's bird flu prevention "appropriate, professional"

Experts from the United Nations Food and Agriculture Organization (FAO) here Thursday said that China's bird flu prevention work is 'appropriate and professional' after they concluded an inspection tour of the nation's first bird flu case site in the Guangxi Zhuang Autonomou Region. (bron: Xinhuanet)
lees complete artikel
 

China attaches great importance to China-India relations

China attaches great importance to the development of long-standing, stable and healthy relations with India, said He Guoqiang, a member of the Political Bureau of the Central Committee of the Communist Party of China (CPC), while meeting with Bahiron Singh Shekhawat, Vice President of India, Thursday. (bron: Xinhuanet)
lees complete artikel

donderdag, februari 19, 2004

 

China boosts BHP Billiton profit

Profit at BHP Billiton, the world's largest mining company, has doubled in the second quarter, driven by surging Chinese demand and rising metal prices. (bron: BBC NEWS)
lees complete artikel
 

China Races to Boost Nuclear Power

Heady economic growth and a worsening power shortage is prodding China to hasten the building of nuclear power plants to fill an energy supply gap in the world's fastest-growing major economy, Beijing-based experts say. (bron: The Moscow Times)
lees complete artikel

woensdag, februari 18, 2004

 

SMIC: right time, right place?

Semiconductor Manufacturing International Company (SMIC) has set out with one of the richest valuation targets of a China listing in recent years, but tech specialists believe it may be achievable thanks to the $1.5 billion IPO's fortuitous market timing. (bron: FinanceAsia.com)
lees complete artikel
 

S&P raises rating on China to BBB+

Standard & Poor's Ratings Services (S&P) said Wednesday that it had raised both long-term and short-term foreign currency ratings on the People's Republic of China by one notch to BBB+/A-2. (bron: Xinhuanet)
lees complete artikel
 

China Telecom plans issue to raise $3bn

China Telecom, the Hong Kong-listed unit of the mainland's largest fixed-line operator, is seeking to raise as much as US$3bn by issuing new shares to fund future network acquisitions, people close to the proposal said. (bron: Financial Times)
lees complete artikel

dinsdag, februari 17, 2004

 

Nieuwe minister van Handel in China

China krijgt een nieuwe minister van Handel. De 54-jarige Bo Xilai is naar voren geschoven voor de functie. Zijn benoeming zal vermoedelijk volgende maand op het Volkscongres worden bekrachtigd. (bron: Financiële Telegraaf)
lees complete artikel
 

Scientific development concept is of strategic importance for China

The 'scientific concept of development' is an ideological advance made by the Communist Party of China (CPC) under the circumstances of a socialist market economy, in its understanding of the laws of economic and social development. (bron: Xinhuanet)
lees complete artikel
 

Bank of China floating huge bond offering

The Bank of China, the country's largest foreign exchange bank, said Monday it would issue up to 60 billion yuan (US$7.23 billion) in subordinated bonds to increase its capital base before its planned initial public offering next year. (bron: Chinadaily)
lees complete artikel

zaterdag, februari 14, 2004

 

Two Chinese insurers to offer shares this year

Two major Chinese insurance companies may list shares this year, following the lead of two State-owned bellwether insurers last year. Wu Dingfu, chairman of China Insurance Regulatory Commission (CIRC), told reporters on February 13 that Ping An Insurance Company and New China Life Insurance Company are expected to complete their initial public offerings this year. (bron: Chinadaily - Biz China)
lees complete artikel
 

China's consumer prices rise 3.2 percent in January

China's consumer prices rose 3.2 percent in January compared with the same month last year, China Daily reported Saturday. (bron: Xinhuanet)
lees complete artikel
 

China IPOs could hit 50 this year

Expect as many as 50 Chinese companies to seek a listing at Singapore's stock exchange this year and also more Chinese firms to use Singapore as a gateway to venture abroad. (bron: Business Times Asia)
lees complete artikel
 

Illegal use of funds revealed at China's banks

Investigators have uncovered the illegal use of millions of dollars of funds at 242 branches of China's state-owned commercial banks, the banking watchdog said yesterday. (bron: Business Times Asia)
lees complete artikel

vrijdag, februari 13, 2004

 

ING belegt helft minder in China

ING gaat niet $100 miljoen maar de helft van dat bedrag in China beleggen voor zijn cliënten. De bankverzekeraar zegt dat er te weinig belangstelling is voor dergelijke investeringen. (bron: Financiële Telegraaf)
lees complete artikel
 

Cellphone sales fall, laptops rise

Laptop computer and digital television sales are expected to boom in China this year, while sales of cellphones -- the highest in the world in 2003 -- are forecast to slip, the Ministry of Information Industry has estimated. (bron: Xinhuanet)
lees complete artikel

donderdag, februari 12, 2004

 

IHT: China races to avert blackouts

China's government plans to spend 200 billion yuan, or $24.2 billion, this year to build power plants that generate three times the electricity used by New York City, in an effort to stop blackouts, a development official said. (bron: International Herald Tribune)
lees complete artikel

woensdag, februari 11, 2004

 

4 overseas banks approved to offer RMB business to Chinese companies

Four overseas-funded banks have become the first overseas financial institutions approved to offerRenminbi (RMB) business to China's domestic non-foreign-invested enterprises. The green light was given by the country's banking regulator early this week. (bron: Xinhuanet)
lees complete artikel
 

Handelstekort China

Voor het eerst in tien maanden heeft China een tekort op zijn handelsbalans geboekt. In januari bedroeg het 20 miljoen dollar, zo heeft het ministerie van Handel in Peking woensdag meegedeeld. (bron: De Financiële Telegraaf)
lees complete artikel
 

China's economic development helps Africa

China's fast economic development helps Africa in a number of ways by creating robust markets for Africa's minerals exports, making direct investments in mining operations and providing economic policy regarding growth, a noted economist said here on Tuesday. (bron: Xinhuanet)
lees complete artikel

dinsdag, februari 10, 2004

 

100 bln yuan invested in Three Gorges Project

China had invested 100.5 billion yuan (12.11 billion US dollars) in the Three Gorges Project by the end of 2003 and will build four more hydropower stations on the Yangtze River. (bron: Xinhuanet)
lees complete artikel

maandag, februari 09, 2004

 

Central bank denies rumors of RMB revaluation

China has no specific plans or timetable to reform its foreign exchange system, a central bank spokesman said Monday, denying a weekend report that the value of the Chinese yuan will be raised by 5 percent in March. (bron: Chinadaily)
lees complete artikel
 

Handelstekort met China opnieuw opgelopen

Het handelstekort van Nederland met China is in de eerste elf maanden van 2003 opgelopen tot bijna 8 miljard euro. Daarmee is de invoer uit China ruim zes keer zo groot als de uitvoer naar China. Dit blijkt uit maandag gepubliceerde cijfers van het Centraal Bureau voor de Statistiek (CBS). (bron: Financiële Telegraaf)
lees complete artikel
 

Philips in joint venture in China

Philips gaat samen met het Chinese softwarebedrijf Neusoft een joint venture starten in China op het gebied van Medische systemen. (bron: Financiële Telegraaf)
lees complete artikel
 

Graanoogst China blijft slinken

China heeft maandag bekendgemaakt dat zijn graanoogst voor het vijfde achtereenvolgende jaar is geslonken en heeft aangekondigd meer geld voor het platteland uit te trekken om de armoede daar te bestrijden. (bron: Financiële Telegraaf)
lees complete artikel
 

China to boost farmers' incomes

China, ever wary of a gap between urban and rural incomes, plans to adopt a series of measures from this year to boost farmers' incomes and maintain political stability, state media reported yesterday. (bron: The Straits Times)
lees complete artikel

zaterdag, februari 07, 2004

 

China to undertake world's biggest national ID card project

China will undertake the world's biggest national identity card replacement project next month, with some one-billion people getting a new chip-based ID card, a report said today. (bron: The Hindu)
lees complete artikel
 

They can't dump this! Life's costlier in China

Cheap branded Chinese goods may be flooding the world market but when it comes to spending on dhal roti in the home turf, Indian consumers pay the lowest in the Asia-Pacific region. China is 20% costlier than India and Philippines is 50% costlier. A basket of 15 consumables including bread, eggs, milk, sugar, flour, local cigarettes and Big Mac burger cost $10.13 in India while it cost $12.18 in China. (bron: India Times)
lees complete artikel

vrijdag, februari 06, 2004

 

India, China and energy security

India and China have been witnessing a steady increase in their energy consumption for many years. Increasing economic growth characterized by high industrial activity has been the main reason behind it. Though consumption of coal accounts for a major share of the total energy use, imported petroleum takes an irreplaceable position in the energy mix of both India and China.
(bron: Asia Times Online)
lees complete artikel
 

1st private airline to make debut this year

China's first private airline is to make its debut in 2004, based in Chengdu, capital of southwest China's Sichuan Province, aiming to offer low-cost air travel. A senior manager with the Yinglian (Eagle United) Airlines Co. Ltd, which is now making preparations for full-scale services, was quoted by Thursday's China Business Times as saying that the company would begin its service within this year, linking west China with east China's Shanghai, the country's biggest city. (bron: Xinhuanet)
lees complete artikel
 

Channelnewsasia.com

The United States is still not satisfied that China is meeting commitments demanded by its entry into the World Trade Organisation, a senior US official said. Randall Schriver, Deputy Assistant Secretary for East Asian and Pacific Affairs said Beijing had made some progress, but the US government had "serious concerns" about WTO compliance in some areas, including agriculture, intellectual property and transparency. (bron: Channelnewsasia.com)
lees complete artikel
 

Coal Energizing China's Move To Market Econ

Growing demand for energy to fire China's fast-paced economic expansion has prompted authorities to tighten controls on exports of the country's vast coal reserves. But the latest move to curb exports highlights the emerging forces pushing the remnants of China's planned economy, like the coal industry, toward a more market-oriented one. (bron: Yahoo Singapore Finance)


lees complete artikel

donderdag, februari 05, 2004

 

China's Internet portals post impressive results

Sina Corp, China's largest Internet portal, hauled in record revenues in the fourth quarter thanks to strong growth in mobile messaging and online advertising. Sina, the first Chinese Internet company to list on the Nasdaq, said that revenues for the past quarter reached a record high of US$38.3 million, a whopping 197 percent year-on-year increase. (bron: Asia Times Online)
lees complete artikel
 

Sinopec Mulls Building Ethylene Project In Wuhan, China

China Petroleum & Chemical Corp. (SNP) is considering the construction of an 800,000 metric-ton-a-year ethylene cracker in Wuhan, Hubei province, as part of its strategy to expand its petrochemical sector, a company official said Thursday. (bron: Yahoo Singapore Finance)
lees complete artikel
 

China's CNPC signs big oil purchase deal with Russia's Yukos

China's largest oil group, state-owned China National Petroleum Corp (CNPC), has signed an initial agreement to buy 10 million tons of oil a year from Russian group AO Yukos Oil. (bron: Channelnewsasia.com)
lees complete artikel

woensdag, februari 04, 2004

 

Accounting problems found at China Life prede

China Life Insurance Co Ltd, which sold the world's largest IPO at US$3.5 billion last year, said on Wednesday that state auditors uncovered accounting irregularities at its predecessor company. (bron: Chinadaily)
lees complete artikel
 

China Power/IPO: Much Smaller Than Huaneng Pwr Intl

China Power International Holding is expected to appoint Deutsche Bank AG (DB) and Merrill Lynch (MER) to manage its initial public offering, people involved in the deal said Wednesday. They said the company, the Hong Kong-based investment arm of one of China's five state-owned power companies, could raise as much as US$1 billion in an overseas share sale, which doesn't have a concrete timetable at present. (bron: Yahoo Singapore Finance)


lees complete artikel

dinsdag, februari 03, 2004

 

China think-tank sees growth slowing to 8.5% in Q1

China's economy is expected to grow 8.5 per cent in the first quarter of 2004 from a year earlier, slowing from the blistering 9.9 per cent year-on-year growth in the fourth quarter of 2003, a think-tank said on Tuesday. (bron: Xinhuanet)
lees complete artikel

maandag, februari 02, 2004

 

Gabon signs oil deal with China

Total Gabon has signed an oil contract with a subsidiary of China's Sinopec under which Gabonese crude will be sold to the huge Asian country for the first time, Gabon's oil minister said on Sunday. (bron: The Times of India)
lees complete artikel
 

TPG gaat verkokering te lijf

TPG gaat de Chinese markt als groep veroveren en niet zoals in Europa vanuit de divisies. Het concern is momenteel al de grootste logistieke dienstverlener in China. (bron: Financiële Telegraaf)
lees complete artikel

zondag, februari 01, 2004

 

Giant steelmaker reports increased output

The Panzhihua Steel Company, the largest steelmaker in west China increased both steel and iron output last year. Despite shortages of raw materials and electricity, the companyproduced 5.34 million tons of iron and 5.37 million tons of steel,rising 6.6 percent and 8.4 percent from the previous year. (bron: Chinadaily)
lees complete artikel

This page is powered by Blogger. Isn't yours?