Issue: May 21, 2012 (Archive)

Thursday, May 23, 2013

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Premier pledges focus on growth to boost economy
Premier Wen Jiabao has vowed to push growth as Beijing starts to ease national monetary policy in a bid to combat the economic slowdown.

Time for Greece to leave the euro zone
Lately, investors have become concerned that Greece may leave the euro zone. If that happens which currency will Greece use and will the market accept it?

Zhongwang on track for rebound
The world's second largest industrial aluminum extrusion product maker - China Zhongwang Holdings (1333) - will be ready to produce complete compartments for high-speed trains by the end of the year.

Newly listed stock already off the rails
Beijing will remain the primary focus of China City Railway Transportation Technology Holdings (8240) as the capital's metro network is expected to triple in eight years.

Trust Prince in wait for support at 18,300
Minutes from the Federal Reserve's April policy meeting show that additional monetary policy accommodation may be needed if US economic recovery falters.

Miner keen on IPO despite delay
China Nonferrous Mining Corp has delayed opening its retail book, but it will not shelve its HK$2.44-billion initial public offering.

Alibaba near deal on stake buyback
Alibaba Group Holding is near an agreement to buy back a 20 percent stake in itself from Yahoo for about US$7 billion (HK$54.6 billion) and may announce a deal soon, a person with knowledge of the matter has said.

SOCAM expects rebound as projects come to market
Mainland builder SOCAM Development (0983) expects business to rebound as more completed projects come on the market after June.

Tsang hopes for SAR-Taiwan pact
Financial Secretary John Tsang Chun- wah said he hopes Hong Kong will sign a free trade agreement with Taiwan, and strengthen bilateral collaboration.

ID card's the key to new home at Heya
All holders of Hong Kong identity cards are entitled to apply for a flat at Heya Green, a non- subsidized project of the Housing Society.

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