Air China (753 HK) plans to raise up to 6.5 billion yuan by issuing 585 million new A shares at a price of 9.58 yuan apiece and 157 million H shares at a price of HK$6.62 apiece. (Sing Tao Finance B4)
Advanced Semiconductor (3355 HK) has recorded a net loss of 103 million yuan for 2009, narrowing 50 per cent compared with the net loss in 2008. Its chief executive officer Zhou Weiping said the company has recorded a significant growth in the number of order for February, hoping to return to the black this year. (Sing Tao Finance B4)
China Citic Bank (998 HK) said it plans to issue 15-year HK$25 billion subordinated bonds or hybrid bonds in the first half. (Hong Kong Economic Times A17)
China Railway Construction (1186 HK) announced in the A-share market that it has won several bids involving HK$39.8 billion. (Hong Kong Economic Journal P. 12)
Chu Kong Shipping Development (560 HK) recorded a profit of HK$75 million for 2009, down 35 per cent compared with a year ago. Earnings per share were 8.43 HK cents. A final dividend of HK$0.03 per share was declared. (Hong Kong Economic Times A18)
Fantasia (1777 HK) said its contracted sales for February amounted to 93 million yuan, growing 26.2 per cent compared with a year ago. Its contracted sales for January and February totalled 249 million yuan, surging 28.6 per cent year-on-year. (Sing Tao Finance B4)
Good Friend International (2398 HK) plans to issue 67.2 million units of TDR at the offer price of NT$14.5 (HK$3.54) per share to raise HK$233 million. (Sing Tao Finance B4)
Huiyin Household Appliances (1280 HK) has issued 320 million shares, while 22 per cent are existing shares, to raise as much as HK$540 million. Sources said its international share placement has been oversubscribed. (Hong Kong Economic Journal P. 8)
Lenovo Group (992 HK) announced that it will inject 2.5 billion yuan into developing new models and will focus on emerging markets this year. (Hong Kong Economic Journal P. 13)
JAN & FEB PREMIUM UP 43% Ping An Insurance (2318 HK) said its premium income for January and February amounted to 47.8 billion yuan, surging 43 per cent compared with a year ago. (Sing Tao Finance B4)
Sinotrans Shipping (368 HK) said profit amounted to US$106 million for 2009, down 69.4 per cent over the previous year. Earnings per share were US$0.027. A final dividend of HK$0.05 per share was declared. (Hong Kong Economic Journal P. 10)
Soho China (410 HK) has recorded a net profit of 3.3 billion yuan for the year 2009, surging 7.27 times year-on-year. Earnings per share were 63.6 fens. A final dividend of 20 fens per share was declared. (Sing Tao Finance B4)
Swire Pacific (19 HK) has recorded a net profit of HK$19.9 billion for the year 2009, surging 240 per cent year-on-year. The company recommended a final dividend of HK$2.20 per Class A share and HK$0.44 per Class B share. (Sing Tao Finance B5)
Taifook Securities (665 HK) has posted a net profit of HK$144 million for the year 2009, rocketing 16 times year-on-year. Earnings per share were 20.34 HK cents. The company proposed a final dividend of 10 HK cents per share. (Sing Tao Finance B5)
Value Partners (806 HK) has posted a net profit of HK$319 million for the year 2009, surging 3.8 times year-on-year. A final dividend of 8 HK cents per share was declared. (Sing Tao Finance B4)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
