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China Merchants shareholders clear fundraising plan, paper says

China Merchants Property (000024.CN) shareholders have given the go-ahead to the company to raise up to 6.5 billion yuan (US$1.06 billion) through a private placement of new shares to help finance the ...More

EJ Insight2013-11-08

Merchants Securities October net profit dips 45%, filing says

China Merchants Securities (600999.CN) recorded a net profit of 132 million yuan (US$21.5 million) in October, down 45 percent from September, it said in a regulatory filing Wednesday. Operating reven ...More

EJ Insight2013-11-07

Nine banks may get nod for NCDs, paper says

As many as nine banks regarded as systemically important and of huge market influence are tipped to be granted approval to issue negotiable certificates of deposit (NCD), the Securities Times reported ...More

EJ Insight2013-10-31

China Merchants' Jan-Sept net profit up 13.55%, filing says

China Merchants Bank Co., Ltd. (03968.HK, 600036.CN) said in an exchange filing on Wednesday that its net profit for the nine months to September rose 13.55 percent year on year to 39.498 billion yuan ...More

EJ Insight2013-10-30

Tonic raises HK$1.92 bln in private placement, filing says

Consumer electronics maker and retailer Tonic Industries Holdings Ltd. (00978.HK) sold about 940 million new shares through private placement on Tuesday at the price of HK$2.05 (US 26 cents) per share ...More

EJ Insight2013-10-29

Trust China's upper crust to protect the family pie

A group of Chinese billionaires, who can easily muster more than 10 billion yuan (US$1.64 billion) in combined wealth, reportedly paid a visit to the United States this month. But their trip wasn't to ...More

EJ Insight2013-10-22

HSBC (China) gets green light for Shanghai FTZ branch, Sina says

HSBC Bank (China) Co., Ltd. said on Saturday that it has received regulatory approval to set up a branch in the Shanghai free trade zone, news portal Sina.com reported Saturday. The China Banking Regu ...More

EJ Insight2013-10-14

Tencent mum on WeChat users' fee rumors, paper says

Tencent Holdings Ltd. (00700.HK), China's largest listed internet firm, has refused to comment on recent market rumors that it will roll out new rules for subscribers to its instant messaging service ...More

EJ Insight2013-10-14

Wing Hang will make a good fit for AgriBank

Wing Hang Bank (00302.HK), one of the few family-run lenders in Hong Kong, fueled a guessing game in the market when it disclosed in mid-September that its major shareholders were in talks to sell a c ...More

EJ Insight2013-10-04

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