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Meilan will issue A shares to fund Sanya Airport purchase
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Meilan will issue A shares to fund Sanya Airport purchase


Shares in Hainan Meilan International Airport, controlled by HNA Group, rose 3.3 per cent yesterday after the company unveiled plans to issue A shares to fund the long-awaited ...

Regulator questions China Strategic bid


Taiwan's financial regulator said yesterday it was not convinced China Strategic Holdings had a long-term interest in running Nan Shan Life after the Hong Kong-listed firm said on ...

Shunyi government arm pays record for Beijing housing site


A low-density housing lot in Beijing sold for 29,859 yuan (HK$33,893) per square metre yesterday - the highest unit price for a residential site on the mainland. Beijing Dalong ...

Cathay gloomy on outlook for yield recovery


Cathay Pacific Airways, Asia's third-most valuable airline, expects yields will take a long time to recover as the global recession continues to affect business and leisure travel. ...

HSBC lends HK$18b to SMEs, says worst over


Hongkong and Shanghai Banking Corp, the Asia-Pacific unit of HSBC Holdings, said it had granted HK$17.9 billion to small and medium-sized enterprises from its HK$20 billion SME loan ...

BANKING & FINANCE

Domestic demand is priority, NDRC says


China will focus on expanding domestic demand and keep a "consistent, stable" macroeconomic policy including fiscal and monetary expansion, the head of the mainland's top economic planning ...

Beijing rejects calls for probe on export curbs


China has rejected calls at the World Trade Organisation for a panel to investigate its restrictions on exports of raw materials. However, under WTO rules, China will not be able to block a second ...
 
ENERGY, INDUSTRY & SERVICES

New specifications for cleaner motor fuels could lift pump prices and boost exports


Lorry driver Zhang Jianwei is not worried about cleaner fuel requirements that come into force on the mainland next year raising the price of motor fuels - he will just keep buying cheaper, dirtier ...

CUCBM in talks with potential investors to raise up to 20b yuan


State-owned China United Coalbed Methane (CUCBM), the mainland's pioneer explorer of the gas, which is increasingly seen as a clean energy source, wants to raise 10 billion to 20 billion yuan ...
 

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