10:17 pm - Friday May 18, 2012

Author Archives: musiclover

Shanghai bourse unveils draft delisting proposal

China’s Shanghai Stock Exchange on Sunday announced a draft proposal for improving its delisting rules in a bid to protect investors and promote the healthy development of the stock market. Adjustments in the proposal include enriching...

US$7m Shanghai event added to Tour

A new tournament at the Jack Nicklaus-designed Lake Malaren Golf Club in Shanghai later this year will offer total prize money of US$7 million (HK$54.6 million), the European Tour said. The BMW Masters, to be staged from October 25-28, represents...

Shanghai bank eyes dual float

The Bank of Shanghai is preparing to launch a Hong Kong and Shanghai dual H- and A-share listing soon. Shareholders on Friday approved the H-share offering. The mainland’s second-largest commercial lender aims to sell 1.2 billion H shares,...

Shanghai copper at three-month low, China data dampens

Shanghai copper fell more than 2 percent to a three-month low weighed down by recent China data and previous losses in London, where it had tumbled 2.8 percent on Friday to breach psychological support of $8,000 a tonne. 

Hong Kong shares suffer fourth straight loss

Hong Kong shares kicked off the second quarter with a fourth-straight loss on Monday, dragged by further weakness in Sun Hung Kai Properties as funds rolled out of the property giant after its billionaire owners were arrested.

Shanghai Hawker Pacific Approved To Support Bombardier

ABACE show host Shanghai Hawker Pacific Business Aviation Service Center (SHPBASC) has been approved by China’s Civil Aviation Administration (CAAC) to perform maintenance on Bombardier’s Global 5000 and ultra-long-range Global Express/XRS...

Citi sells Shanghai bank stake for $349M gain

Citigroup Inc. has sold its 2.71 percent stake in Shanghai Pudong Development Bank for an after-tax gain of about $349 million, as the company maneuvers to build its own business in China.

Anelka misses Shanghai debut due to injury

Shanghai Shenhua’s blockbuster signing Nicolas Anelka has disappointed thousands of fans by missing the opening game of his new club’s season due to injury.

Hong Kong and Shanghai shares down

Hong Kong and China shares declined on Monday, with financials and growth-sensitive sectors weak after Beijing announced its lowest annual growth target in eight years, sparking concerns that Chinese demand will slow.

China Markets Rise, Shanghai Index Up 0.27%

The Shanghai Composite Index rose 0.27 percent or 6.42 points to close at 2,363.60 points today on transaction value of 82.31 billion yuan.