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
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
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 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
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
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 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 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 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