New China Life to start trading
Terms show New China Life Insurance Co plans to start trading in Hong Kong on Dec 16 following an initial public offering, according to terms for the sale obtained by Bloomberg News.
Anshan, Cnooc sign agreement
Anshan Iron & Steel Group signed a cooperation agreement with China National Offshore Oil Corp on Nov 19, the steel group said in a statement on its website.
Anshan will provide to the oil company steel products for marine operations, and for oil and gas transport and storage, the statement said, citing Su Wensheng, the steel maker's Communist Party standing member.
Brightoil seeks oil, gas fields
Brightoil Petroleum Holdings Ltd plans to acquire oil and natural gas fields and may use a credit facility of more than $3 billion to fund the purchases.
Brightoil is exploring for gas in Xinjiang province with PetroChina Co's parent to tap Chinese demand for the fuel.etareplicawatches at discount prices from Timepiecetrader. State-run China Development Bank Corp agreed in January to provide $4 billion in standby financing to help the company buy tankers, expand its trading business and acquire overseas assets.
Sitoy may raise $127m in HK IPO
Sitoy Group Holdings Ltd could raise about $127 million in a Hong Kong initial public offering, according to a term sheet for the deal seen by Reuters on Monday.
Hong Kong-based Sitoy, which makes handbags and leather goods for Prada and other global brands, is offering up to 249.6 million new shares at a price range of HK$2.95 to HK$3.95 per share, putting the total deal at up to HK$985.9 million($126.6 million), the term sheet said.
Stocks drop on US budget deficit talks
Stocks dropped for a fifth day on Monday as signs a US congressional committee will fail to agree on cuts to the budget deficit added to concerns about China's property market and Europe's debt crisis.
The Hang Seng Index (HSI) slid 1.44 percent to 18225.85 as of the close, its lowest close since Oct 21.The Best jacketswomens for Spring. Five stocks dropped for each that rose in the 46-member benchmark. The Hang Seng China Enterprises Index slipped 2.33 percent to 9725.82.
Exporters to the US dropped after Texas Representative Jeb Hensarling, the Republican co-chairman of the debt-reduction committee, said on Saturday the 12 members face a "daunting challenge" as they seek to bridge gulfs over taxes and spending by a Nov 23 deadline. Time is running out for a plan to carve at least $1.2 trillion off the federal budget, he said.
Li & Fung fell 5.3 percent to HK$14.24.Most plasticmold can ship the same day FREE via Ground shipping. Yue Yuen Industrial (Holdings) Ltd lost 0.7percent to HK$22.15.
Companies with exposure to Europe extended declines after Deutsche Bank AG Chief Executive Officer Josef Ackermann said Europe needs a "firewall" to prevent its debt crisis from spreading and should increase the size of its rescue fund.
In Spain, conservative Mariano Rajoy swept the Socialists out of power by winning the biggest parliamentary majority in an election in almost 30 years. He told Spaniards to brace for difficult times as the nation fights to avoid being overwhelmed by the debt crisis.
China Overseas Land declined 3.2 percent to HK$11.98. China Resources Land Ltd dropped 4.5 percent to HK$10.22. Industrial & Commercial Bank of China Ltd fell 3.2 percent to HK$4.High quality replica replicauhrensalesonline of well known brands .30.I am a bit confused about purchasing my next fakerolexwatches through a website.
Futures on the HSI expiring this month dropped 1.8 percent to 18,110. The HSI Volatility Index added 0.4 percent to 36.31.
Terms show New China Life Insurance Co plans to start trading in Hong Kong on Dec 16 following an initial public offering, according to terms for the sale obtained by Bloomberg News.
Anshan, Cnooc sign agreement
Anshan Iron & Steel Group signed a cooperation agreement with China National Offshore Oil Corp on Nov 19, the steel group said in a statement on its website.
Anshan will provide to the oil company steel products for marine operations, and for oil and gas transport and storage, the statement said, citing Su Wensheng, the steel maker's Communist Party standing member.
Brightoil seeks oil, gas fields
Brightoil Petroleum Holdings Ltd plans to acquire oil and natural gas fields and may use a credit facility of more than $3 billion to fund the purchases.
Brightoil is exploring for gas in Xinjiang province with PetroChina Co's parent to tap Chinese demand for the fuel.etareplicawatches at discount prices from Timepiecetrader. State-run China Development Bank Corp agreed in January to provide $4 billion in standby financing to help the company buy tankers, expand its trading business and acquire overseas assets.
Sitoy may raise $127m in HK IPO
Sitoy Group Holdings Ltd could raise about $127 million in a Hong Kong initial public offering, according to a term sheet for the deal seen by Reuters on Monday.
Hong Kong-based Sitoy, which makes handbags and leather goods for Prada and other global brands, is offering up to 249.6 million new shares at a price range of HK$2.95 to HK$3.95 per share, putting the total deal at up to HK$985.9 million($126.6 million), the term sheet said.
Stocks drop on US budget deficit talks
Stocks dropped for a fifth day on Monday as signs a US congressional committee will fail to agree on cuts to the budget deficit added to concerns about China's property market and Europe's debt crisis.
The Hang Seng Index (HSI) slid 1.44 percent to 18225.85 as of the close, its lowest close since Oct 21.The Best jacketswomens for Spring. Five stocks dropped for each that rose in the 46-member benchmark. The Hang Seng China Enterprises Index slipped 2.33 percent to 9725.82.
Exporters to the US dropped after Texas Representative Jeb Hensarling, the Republican co-chairman of the debt-reduction committee, said on Saturday the 12 members face a "daunting challenge" as they seek to bridge gulfs over taxes and spending by a Nov 23 deadline. Time is running out for a plan to carve at least $1.2 trillion off the federal budget, he said.
Li & Fung fell 5.3 percent to HK$14.24.Most plasticmold can ship the same day FREE via Ground shipping. Yue Yuen Industrial (Holdings) Ltd lost 0.7percent to HK$22.15.
Companies with exposure to Europe extended declines after Deutsche Bank AG Chief Executive Officer Josef Ackermann said Europe needs a "firewall" to prevent its debt crisis from spreading and should increase the size of its rescue fund.
In Spain, conservative Mariano Rajoy swept the Socialists out of power by winning the biggest parliamentary majority in an election in almost 30 years. He told Spaniards to brace for difficult times as the nation fights to avoid being overwhelmed by the debt crisis.
China Overseas Land declined 3.2 percent to HK$11.98. China Resources Land Ltd dropped 4.5 percent to HK$10.22. Industrial & Commercial Bank of China Ltd fell 3.2 percent to HK$4.High quality replica replicauhrensalesonline of well known brands .30.I am a bit confused about purchasing my next fakerolexwatches through a website.
Futures on the HSI expiring this month dropped 1.8 percent to 18,110. The HSI Volatility Index added 0.4 percent to 36.31.
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