Archive for October, 2007

China’s listed companies see profits up 64% in 1st 3 quarters

China’s listed companies reported combined net profits in the first three quarters up by 64.18 percent from the same period last year, China Securities Journal, a newspaper run by Xinhua News Agency, reported on Wednesday.
All 1,512 listed companies on China’s Shanghai and Shenzhen stock exchanges, except China Shenhua Group, had published their earnings for the […]

HongKong, mainland offers raking in funds

Funds raised in mainland and Hong Kong initial public offerings (IPOs) are expected to exceed $50 billion for 2007, leading global services firm Ernst & Young said yesterday in Beijing.
Mainland and Hong Kong companies raised $14 billion through IPOs in the third quarter, double that of the previous year, according to an Ernst & Young […]

China’s social security funds to plan to investment the United States private equity company

GUANGZHOU (Fund China) - Informed sources yesterday confirmed to Fund China reporter, the Social Security Fund is planning private equity investment company; This year, the investment of the Social Security Fund and the United States has well-known private equity firms were contacted, but has not yet reached any substantive agreement related issues from social security […]

ABB to add 100m yuan to China investment

ABB, the world’s top power and automation technology company, yesterday said it will maintain its annual growth rate in China at 20 percent by offering solutions for green development and adding another 100 million yuan in investment.
“China has become the largest market for ABB by sales and will continue to play a very important role […]

Yinhua Fund: three types of companies expected higher-than-expected performance

GUANGZHOU (Fund China) - Yinhua Fund Management Company recently issued a four-quarter investment strategy report, the report that the A-share market value in the discovery and valuation experience regression phase, entered a liquidity premium era. Three types of companies expected higher-than-expected performance.

ING’s China Access Fund receives robust demand for its IPO

ING Investment Management Asia/Pacific (ING IM) announced on Monday that its China Access Fund has received overwhelming response from institutional and retail investors in Asia and the Middle East, following the successful close of its initial public offering (IPO).

China’s total trade volume may exceed $2.1 tln this year

China’s total volume of foreign trade is expected to exceed 2.1 trillion U.S. dollars, up 20 percent over last year, according to a report issued by the Ministry of Commerce during the ongoing 102nd China Import and Export Commodities Fair.
The export volume will reach 1.2 trillion U.S. dollars and the import volume will be 950 […]

Fund election shares in the fourth quarter of the even narrower scope

By Sapientia (Fund China editor)
GUANGZHOU (Fund China) - This year’s market probably can be divided into two phases, the first half of the trash stocks rose crazy, the second half of the bubble appear blue chips, fund companies on the scope of the stock has basically ruled out the poor performance of most listed companies […]

The net proceeds of the Fund to new highs

GUANGZHOU (Fund China) - As of the 26th, the Fund 2007 third quarter quarterly disclosure of all finished. According to information provided by the Wind statistics show that by the end of the third quarter, 334 Fund’s total assets reached 2.92 trillion yuan, the equity market value reached 2.32 trillion yuan, the market value of […]

Third quarter US hedge funds was 45.2 billion US dollars of new capital.

GUANGZHOU (Fund China) - Sub-loans crisis in the capital continued to flow to the hedge fund industry –
Financial market turbulence in the third quarters, while investment from the market mentality tends to be cautious, but investors still new subscription the 45.2 billion US dollars the United States hedge funds, the hedge funds will push the […]