BUSINESS

Swire Offers to Buy Out Haeco as Cathay Sells Stake (Update2)

Tuesday, June 8, 2010 | BUSINESS

June 8 (Bloomberg) — Swire Pacific Ltd. , the biggest shareholder in Cathay Pacific Airways Ltd., offered HK$9.4 billion ($1.2 billion) for the remaining shares of Hong Kong Aircraft Engineering Co. as travel demand rebounds. (read on…)
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Most Hong Kong Stocks Gain After Bernanke Comment, Land Auction

Tuesday, June 8, 2010 | BUSINESS

June 8 (Bloomberg) — Hong Kong stocks advanced after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is recovering, and as German factory orders unexpectedly rose. (read on…)
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Hong Kong Site Sold At HK$10.90 Billion; Exceeds Market Expectations

Tuesday, June 8, 2010 | BUSINESS

Hong Kong Site Sold At HK$10.90 Billion; Exceeds Market Expectations (read on…)
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Air China, Denway Motors, Swire: Hong Kong Equity Preview

Tuesday, June 8, 2010 | BUSINESS

June 8 (Bloomberg) — The following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the last close. (read on…)
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Swire Pacific Bids $1.2 Billion to Buy Remaining Stake of Haeco

Monday, June 7, 2010 | BUSINESS

June 8 (Bloomberg) — Swire Pacific Ltd. , the biggest shareholder in Cathay Pacific Airways Ltd., offered HK$9.4 billion ($1.2 billion) for the remaining shares of Hong Kong Aircraft Engineering Co. as travel demand rebounds. (read on…)
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Russian miner ponders listing iron ore unit in HK

Monday, June 7, 2010 | BUSINESS

LONDON: Russian miner Petropavlovsk said it continues to explore strategic options for its iron ore operations, including a possible listing in Hong Kong, as it seeks to gain a better valuation for the business. Yesterday, it said leading Hong Kong-based investors agreed to take a US$60 million (US$1 = RM3.34) equity stake in the...
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Swire Pacific Bids $1.2 Billion to Buy Rest of Haeco (Update1)

Monday, June 7, 2010 | BUSINESS

June 7 (Bloomberg) — Swire Pacific Ltd. , the biggest shareholder in Cathay Pacific Airways Ltd., offered HK$9.4 billion ($1.2 billion) for outstanding shares of Hong Kong Aircraft Engineering Co. as travel demand rebounds. (read on…)
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Hong Kong shares sink 2 per cent on concerns over Europe

Monday, June 7, 2010 | BUSINESS

Hong Kong – Hong Kong shares dipped by 2.03 per cent Monday over disappointing US employment data and growing concerns about the European economy…. (read on…)
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World markets tumble on fears over Hungary

Monday, June 7, 2010 | BUSINESS

BANGKOK — World stock markets tumbled Monday, dragged down by weak U.S. employment figures and fresh fears that Europe’s debt crisis is spreading to Hungary. Hungary – European Union – Business – Hong Kong – United States (read on…)
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Goldwind’s $1 Billion Share Sale to Fund Expansion (Update2)

Monday, June 7, 2010 | BUSINESS

Xinjiang Goldwind Science & Technology Co., seeking $1 billion in a Hong Kong share sale, aims to rank among the world’s top three wind turbine makers within five years as it adds sales in the U.S. and Europe. (read on…)
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