Tag Archive | "yuan"

BRIEF-Shenzhen Keybridge to raise 3.65 bln yuan in private placement

BRIEF-Shenzhen Keybridge to raise 3.65 bln yuan in private placement Oct 14 Shenzhen Keybridge Communications Co Ltd. * Says plans to raise 3.65 billion yuan ($ 102.42 million) in private placement of shares to fund projects, boost working capital. * Says trading of shares to resume on oct 15. Source text in Chinese: … Read more […]

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BRIEF-Shenzhen Infogem Technologies to raise up to 829.7 mln yuan in private

BRIEF-Shenzhen Infogem Technologies to raise up to 829.7 mln yuan in private … Oct 30 Shenzhen Infogem Technologies Co Ltd. * Says aims to raise up to 829.7 million yuan ($ 131.32 million) in private placement of shares to fund data project. * Says trading of shares to resume on Nov 2. Source text in […]

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BRIEF-Huizhou Speed Wireless to acquire stake in Shenzhen firm for 132.6 mln yuan

BRIEF-Huizhou Speed Wireless to acquire stake in Shenzhen firm for 132.6 mln yuan Sept 28 Huizhou Speed Wireless Technology Co Ltd. * Says plans to acquire 51 percent stake in Shenzhen tech firm for 132.6 million yuan ($ 20.82 million)in cash. Source text in Chinese: bit.ly/1h1sOnW. Further company coverage: ($ 1 = 6.3690 Chinese … Read […]

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BRIEF-Shenzhen Fastprint Circuit plans share buyback worth up to 430 mln yuan

BRIEF-Shenzhen Fastprint Circuit plans share buyback worth up to 430 mln yuan Sept 22 Shenzhen Fastprint Circuit Tech Co Ltd. * Says plans to buyback company's shares worth up to 430 million yuan ($ 67.45 million). Source text in Chinese: bit.ly/1G09nCI. Further company coverage: ($ 1 = 6.3750 Chinese yuan renminbi) (Reporting by … Read more […]

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REFILE-BRIEF-Shenzhen Infinova to raise up to 752 mln yuan in private placement

REFILE-BRIEF-Shenzhen Infinova to raise up to 752 mln yuan in private placement (Refiles to add link). Sept 10 (Reuters) – Shenzhen Infinova Ltd. * Says plans to raise up to 752 million yuan ($ 117.92 million) in private placement of shares to fund projects, shares to resume trading on Sept 11. Source text in Chinese: […]

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China Markets Live – Yuan up for 2nd day; Shanghai and Shenzhen close up while

China Markets Live – Yuan up for 2nd day; Shanghai and Shenzhen close up while … Welcome to the SCMP's live markets blog. The intense volatility of recent weeks has every chance of remaining the core underlying theme of activity. Investors are increasingly focused the broader question of how this episode might affect the wider […]

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China Markets Live – Yuan falls for third day but stabilizing; Shanghai

China Markets Live – Yuan falls for third day but stabilizing; Shanghai … The H-shares index finished the day at 11,080.92, up 0.35 per cent or 38.13 points. 3:20pm: China indices from opening to closing today: the Shanghai Composite (orange), Shenzhen Composite (green), CSI300 (purple) and ChiNext (blue). Click to enlarge. Read more on South […]

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BRIEF-Shenzhen Aisidi's unit to buy 240 mln yuan of convertible bonds of

BRIEF-Shenzhen Aisidi's unit to buy 240 mln yuan of convertible bonds of … May 11 Shenzhen Aisidi Co Ltd. * Says unit subscribes 240 million yuan ($ 38.66 million) worth of convertible bonds to be issued by Credit China Holdings Ltd. Source text in Chinese: bit.ly/1JBH4Nn. Further company coverage: ($ 1 = 6.2086 Chinese yuan … […]

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BRIEF-Shenzhen Fountain to acquire stake in environment firm for 449 mln yuan

BRIEF-Shenzhen Fountain to acquire stake in environment firm for 449 mln yuan May 8 Shenzhen Fountain Corp. * Says plans to acquire 80.5 percent stake in environmental protection firm for 448.8 million yuan ($ 72.29 million) via cash, share issue. * Says trading of shares to resume on May 11. Source text in Chinese: bit.ly […]

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BRIEF-Shenzhen Glory Medical to raise up to 1.1 bln yuan in private placement

BRIEF-Shenzhen Glory Medical to raise up to 1.1 bln yuan in private placement April 28 (Reuters) – Shenzhen Glory Medical Co Ltd. * Says plans to raise up to 1.1 billion yuan ($ 177.32 million) in private placement of shares. * Says trading of shares to resume on Apr 29. Source text in Chinese: bit.ly/1EiJmPT; […]

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BRIEF-Shenzhen Tatfook Tech to raise up to 4 bln yuan in private placement

BRIEF-Shenzhen Tatfook Tech to raise up to 4 bln yuan in private placement April 20 (Reuters) – Shenzhen Tatfook Technology Co Ltd. * Says to raise up to 4 billion yuan ($ 645.11 million) in share private placement. * Says shares to resume trade on April 21. Source text in Chinese: bit.ly/1zBPUF5; bit.ly/1JZ6aWW. Further … […]

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Shenzhen government has invested 5 billion Yuan to support new energy vehicle

Shenzhen government has invested 5 billion Yuan to support new energy vehicle Gasgoo.com (Shanghai Mar 10)–To support the development of new energy vehicle, Shenzhen government has released several policies and targets, such as the investment of 5 billion Yuan, the production and sales volume of 30,000, industry value of 60 … Read more on Gasgoo automotive […]

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Shenzhen invested 64b yuan in fostering innovation, mayor says

Shenzhen invested 64b yuan in fostering innovation, mayor says "Shenzhen has no world-class or even country-class universities. But various enterprises want to invest huge in research and development," said Guo Wanda, the vice-president of the Shenzhen-based China Development Institute, a municipal think tank. Read more on South China Morning Post (subscription)

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BRIEF-Shenzhen Keybridge to invest 150 mln yuan in micro-credit firm with

BRIEF-Shenzhen Keybridge to invest 150 mln yuan in micro-credit firm with … March 5 (Reuters) – Shenzhen Keybridge Communications Co Ltd. * Says plans to invest 150 million yuan ($ 23.94 million) in setting up micro-credit firm with partners. Source text in Chinese: bit.ly/1DPlcJN. Further company coverage: ($ 1 = 6.2658 Chinese … Read more on […]

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BRIEF-Shenzhen Infinova to acquire Chinese tech firm for 210 mln yuan

BRIEF-Shenzhen Infinova to acquire Chinese tech firm for 210 mln yuan Feb 12 (Reuters) – Shenzhen Infinova Ltd. * Says plans to acquire tech firm Sharp Wisdom for 210 million yuan ($ 33.63 million) via cash, share issue. * Says trading of shares to resume on Feb 13. Source text in Chinese: bit.ly/16WzCyj; bit.ly/1vGjmNM. Read […]

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