27 more listed companies to join share reform
2006-02-20 13:54:32
Another 27 companies listed on the Shanghai Stock Exchange will join the 21st round of split share structure reform, 10 of which are to publicize their reform plans on Monday.
Power firm completes list of reformers
2005-11-22 13:54:49
A Shenzhen-listed power company yesterday received the go-ahead from its shareholders to convert its non-tradable State shares to ordinary ones.
SME board companies to spearhead 'G-era'
2005-11-21 13:55:07
The split share structure reform plan of Guizhou Qianyuan Power Co Ltd went through the company's shareholders' meeting today with a high voting-for ratio from tradable shareholders.
Goldman Sachs buys 2.25 per cent ZTE shares
2005-11-12 13:55:41
ZTE Corp, China's second biggest telecoms equipment maker, said on Friday that US investment bank Goldman Sachs had bought 2.25 per cent of the company's issued share capital.
40 listed SOEs release share reform schemes
2005-10-08 13:56:01
By Sept. 28, 40 listed state-holding companies had made their share reform schemes public. 8 of them are controlled by the central government and the remaining 32 are by local authorities.
State holder suspends Baosteel stock sales
2005-09-23 14:33:56
The State shareholder of top Chinese steel mill Baoshan Iron & Steel Co. Ltd.has suspended sales of shares in the firm, as money set aside for supporting the price has run out, the listed company said Thursday.
All SME-board companies start share reform
2005-09-21 14:34:09
All the 50 companies listed in the small and medium-sized enterprise (SME) board in the Shenzhen Stock Exchange have started the reform process aiming to make all shares tradable, the Economic Daily reported on Tuesday.
Steelmaker first to list warrants since 1995
2005-08-19 14:34:27
Baoshan Iron and Steel Co. Ltd., the listed arm of China's top steelmaker, would list warrants on the Shanghai Stock Exchange on Aug. 22, it said Thursday, marking the first financial derivatives will be traded on the country's bourses since 1995.
Share reform lifts market value of pilot firms
2005-08-19 14:34:46
China's new round of split share reform has brought added market value of 10.5 billion yuan (1.3 billion US dollars) to 42 pilot companies, the China Securities Journal reported Friday.
Huarong Asset to take 6.9% Kelon stake
2005-08-10 14:36:19
Industrial & Commercial Bank of China (ICBC) would transfer a 6.9 percent stake in Guangdong Kelon Electrical Holdings Co. to China Huarong Asset Management Corp., Kelon said Tuesday.
Top bosses to get share payout in flotation
2005-07-05 14:36:50
China Sinochem International Corporation will set aside 20 million shares for its high-ranking managers as part of a plan to float its non-tradable shares.
Baosteel raises compensation
2005-06-29 14:37:54
Baoshan Iron & Steel Corp, the nation's leading steel maker, increased the amount of compensation it would give to shareholders in an updated proposal yesterday.