HONG KONG, May 6- State-owned conglomerate China Resources Co Ltd plans to merge its Hong Kong- listed power producer with its natural gas distribution unit to form a $22 billion energy group able to negotiate better terms for natural gas supplies from the state.
HONG KONG, May 5- A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets where deal values more than halved in the first quarter of the year.
HONG KONG, May 5- A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets where deal values more than halved in the first quarter of the year.
HONG KONG, May 5- The engineering unit of China's Sinopec Group, Asia's largest refiner, plans to raise up to $2.24 billion in Hong Kong's biggest initial public offering in five months as the company starts taking investor orders for the deal, IFR reported on Sunday.
HONG KONG, April 26- China, the world's largest mobile phone market by subscribers, posted a 1.2 percent monthly increase in the number of mobile subscribers to 1.15 billion in March, data from the country's three telecommunications operators showed. Following is the breakdown of mobile subscriber statistics for March provided by the three carriers:.
HONG KONG, April 26- Hong Kong shares could extend this week's gains on Friday, tracking a Wall Street rise after surprisingly resilient U.S. labour data and as physical commodity prices recovered further after their recent selloff.
HONG KONG, April 25- Sinopec Corp, Asia's largest refiner, posted a 25 percent rise in first-quarter profit as improved refining margins offset lower profits from exploration and production.
HONG KONG, April 25- PetroChina, China's dominant oil and gas producer, reported an eight percent fall in first-quarter profit, weighed down by lower realised crude prices and further losses at its natural gas import business.
-1130 Bank of China Ltd. FTSE Group in developing "FTSE-BOCHK offshore RMB bond index series" press briefing. 70/ F, Bank of China Tower, Central. Board meeting at 0930.-# Bank of China Ltd Q1 results.
Asian shares ended mixed on Friday, dragged lower by a drop in regional technology stocks, although gains in Australia and Japan contained overall losses for equities.
Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor sentiment.