State co sandales pas cher nstruction IPO to raise $6.24b
sandales pas cher subcloning kitchen cabinets on sale fuel pump paper bag machine distribution box manufacturers rotary Switch string inverter monolithic refractories gear operator petits hauts Steel Flanges Suppliers api ball valve Wholesale kitchen cabinets trunnion ball valve soft play pantalon en cuir outdoor furniture Youth Jerseys fur coat
State construction IPO to raise $6.24bPublished: 12 Jul 2009 07:02:01 PST

By Wang Xinyuan

The country’s largest Initial Public Offering (IPO) in terms of shares on offer since IPOs were resumed last month has been approved, according to a China Securities News report Friday.

China State Construction Engineering Corporation (CSCEC), the largest construction and real estate development conglomerate in China, is planning to raise 42.6 billion yuan ($6.24 billion) by issuing 12 billion A-shares on the Shanghai Stock Exchange (SSE).

The company’s IPO prospectus is scheduled to be published today on the SSE website.
CSCEC’s IPO was approved Friday by China Securities Regulatory Commission (CSCR).

Funds raised by the IPO will be used as added working capital to purchase construction equipment and invested in real estate development and infrastructure projects, according to the company’s IPO application.

CSCEC is the fifth company to be approved for an IPO since offerings were resumed June 18.
The approval of several IPOs in such a short period of time might be due to the regulator’s intention to cool down the stock market, which has positive significance for avoiding a stock market bubble, according to economist Hua Sheng, speaking on China National Radio yesterday.

After Friday’s close, the SSE composite index had increased by 71 percent from December 31, gaining for seven consecutive months.

Shares of Guilin Sanjin and Zhejiang Wanma, the first and second companies to hold IPOs this year, saw heavy speculative trading Friday, their first trading day.

Guilin Sanjin shares closed at 36.01 yuan ($5.27) Friday, up 81.87 percent on their issuing price, with a trading volume of 16.35 billion yuan ($2.39 billion).

Zhejiang Wanma Cable saw its share price close at 25.93 yuan ($3.80), up 1.25 times on its issuing price with a total trading volume of 5.19 billion yuan ($759.9 million).

Explore the World, Understand China!
Please log on www.gloaltimes.cn

港澳游 深圳厂房装修 上海翻译公司 lithium battery 混合机 lithium polymer 转轮除湿机 ショッピング枠　現金化

China, R bellow sealed valve ussia sign energy cooperative agreement
bellow sealed valve color pigments API 6A slab gate valve hid lights dual sim cell phones in stock kitchen cabinets 通風設備 橫式包裝機 bridesmaid gowns forged valve printing machine chaussures pas cher generator set ccm hockey cocktail kleider green dresses cect i9 Knife Gate Valve chemical pump Frontlit
China, Russia sign energy cooperative agreementPublished: 18 Feb 2009 00:00:00 PST

Feb. 18, 2009 (China Knowledge) - China and Russia signed long-term crude oil supply and delivery contracts and reached seven energy cooperation agreements yesterday, sources reported.

China National Petroleum Corporation (CNPC), parent of China's largest oil and gas producer PetroChina<601857><857><PTR>, has finally signed long-term crude oil supply and delivery contracts with key Russian energy companies Transneft and Rosneft.

On the same day, China Development Bank signed loan agreements, as well as an agreement for the construction and operation of the Sino-Russian oil pipeline, with Transneft and Rosneft.

According to a media source, the Russian crude oil companies will provide a 20-year 300 million-ton crude oil supply to China in exchange for a US$25 billion loan.

This is the largest energy deal between the two countries. Chinese Vice Premier Wang Qishan and Russian Deputy Prime Minister Igor Sechin attended the signing ceremony.

Copyright © 2009 www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

To access our page on Bloomberg, type CKFI Related TopicsChina News
テレクラ 深圳罗湖搬家 MBA car sun shades 深圳装修公司 クレジットカード 現金化 口コミ 打标机 乳化机

Hang Senlithium polymerg Index opens 170 points higher on Wed
lithium polymer wrist watch iron oxide bellow sealed valve 3-Trifluoromethylphenol Mechanical seal terminal blocks dress cocktail Playground equipments PRESS BRAKES rubber grommet lunette de soleil pas chère CNC Machining chemisier pigment orange 34 everbuying watches for sale surge protective devices 食品包裝機 slaughter machine
Hang Seng Index opens 170 points higher on WedPublished: 31 Mar 2009 20:10:10 PST

Apr. 1, 2009 (China Knowledge) - Hong Kong stocks rose on Wednesday morning, with the benchmark Hang Seng Index opening 170 points higher at 13,746.18.

The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, opened 135.42 points higher at 8,205.56.

China Mobile<941><CHL>, the largest firm by capitalization in the Hong Kong market, fell 1.33% to HK$66.60. China Unicom (Hong Kong) Ltd<600050><762><CHU> went down 5.55% to HK$7.82. China Telecom Corp Ltd<728><CHA> edged up 2.18% to HK$3.27. ZTE Corporation<763><000063> swelled 3.32% to HK$32.60.

Copyright © 2009 www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

To access our page on Bloomberg, type CKFI Related TopicsChina News
门禁 过滤机 car sun shades 混合机 乳化机 工作流 カード 現金化

Lianhua garbage bagSupermarket to buy Hualian Supermarket
garbage bag pvc windows Chicago Bulls jerseys flexographic printing machine garden furniture Pandora murano chaussure mode tea length plus size wedding dresses blister packaging machine pigment orange 34 nail uv lamp picture painting Embroidery thread jupe haute air separation plant rta kitchen cabinets abend kleider Discount nhl Jerseys moulded case circuit breaker centrifugal pump
Lianhua Supermarket to buy Hualian SupermarketPublished: 29 Jun 2009 17:29:25 PST

Top 5 News From ChinaKnowledge.comHaier likely to cut sales growth target for Asia-Pacific regionLianhua Supermarket to buy Hualian SupermarketBOC to sell RMB 40 bln in subordinated bonds on Jul 6Domestic spot steel prices rose last weekChina advances auto replacement subsidy planJun. 30, 2009 (China Knowledge) - Lianhua Supermarket Holdings Co Ltd<0980> announced that it has signed acquisition agreements with Shanghai Bailian Group and its real estate arm to buy Hualian Supermarket Co Ltd, sources reported.

Lianhua Supermarket said in a statement filed with the Hong Kong Stock Exchange, the acquisition will cost a total of RMB 492 million.

According to the agreement, Lianhua Supermarket will spend RMB 489 million to buy a 99.4% equity interest in Hualian Supermarket from Shanghai Bailian, while Lianhua Supermarket's subsidiary will buy the remaining 0.6% from Shanghai Bailian's real estate arm.

The acquisition is in line with the firm's strategy to consolidate store business through resource integration, said Ma Xin-sheng, chairman of Lianhua Supermarket.

When the acquisition is completed, Lianhua Supermarket will own 5,268 chain stores in total.

Hualian Supermarket's aggregated assets had reached RMB 257.5 million at the end of 2008, according to an audit based on Chinese Accounting Standards (CAS). The company generated nearly RMB 3 billion in operating revenue last year.


Copyright © 2009 www.chinaknowledge.comツーショットダイヤル 競馬 skateboard bearings 深圳装修 乳化机 弹簧 Shekou lawyer

China Mo hydrocarbon resin bile unveils TD-SCDMA network development plan
hydrocarbon resin filter fabrics multistage pump butterfly valve 通風設備 nylon cable tie butterfly valve swimming noodle Rotational mould hydraulic press flowmeter Chinese Mandarin courses China pull pas cher power relay manufacturers capsule filler electrical enclosure ahappydeal playground toys security printing cheap juicy couture
China Mobile unveils TD-SCDMA network development planPublished: 18 Dec 2008 02:33:43 PST

Dec. 18, 2008 (China Knowledge) - China Mobile<941><CHL> pledges its TD-SCDMA network would cover 95% commercial hot area of prefecture-level cities with the scheduled base stations 145,000 by 2011, according to Wang Jianzhou, president of China Mobile.

As of Dec. 3, China Mobile had set up 17,672 base stations and created a network covering 9.5 million users. The number of China Mobile's TD subscribers totaled 337,000, of which 154,000 were in the social test program initiated from Apr. 1. The rest are Olympic service clients and participants in the commercial use trial, according to Wang.

The Chinese telecom operator sold 72,000 TD terminals during the commercial trial, including 12,000 mobile phones and 59,800 data cards.

Copyright © 2008 www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

To access our page on Bloomberg, type CKFI Related TopicsChina News
深圳南山搬家公司 CFD 深圳装饰公司 乳化机 surge arrester ビジネスローン 深圳装修