Beijing Jingkelong (814 HK) registered profit attributable to equity holders of the parent of roughly RMB102,968,000 in the 1H, surging about 21.9% compared with the previous corresponding period. EPS rose to RMB25.0 cents and it did not recommend the payment of any interim dividend. (Hong Kong Economic Journal 15)
CITIC Pacific (267 HK) announces an appointment of its independent non-executive director Francis Siu Wai Keung as a member of the special committee of its board and the Commercial Crime Bureau of the Hong Kong Police Force. (Hong Kong Economic Times A10)
CSR Corporation (1766 HK) booked profit attributable to owners of the parent of RMB2,044,547,000 for the 6 months ended 30 June 2011, up 85.08% as compared with the same period last year. EPS amounted to RMB0.17. It did not recommend the payment of an interim dividend. (Hong Kong Economic Journal 15)
EVA Precision Industrial (838 HK) has agreed to buy an aggregate of 100% of the equity interest in Chongqing Digidie Auto Body, largely engaged in the development, manufacture and sale of moulds for automobiles, at the aggregate consideration of RMB61,020,092. (SingTao Daily B2)
Heng Tai Consumables (197 HK) says its profit for the year ended 30 June 2011 is expected to be affected by various factors, including a drop in trading volume of its FMCG trading business caused by increasingly restrictive regulatory conditions in China. (SingTao Daily B2)
China Timber Resources Group (269 HK) says it will focus on resource transportation business in the future. The overloading, cost and marketing advantages of the company will highlight its new growth. (Hong Kong Economic Journal P6)
China Zhengtong Auto Services (1728 HK) considers a potential acquisition of a subsidiary of Baotou City Hengtai Enterprise Investment Co Ltd in Inner Mongolia. China Zhengtong plans to acquire the entire share capital in this subsidiary. The two sides have entered into a framework agreement concerning the matter. (SingTao Daily B14)
Dah Chong Hong (1828 HK) plans to expand logistics businesses in Shanghai, Shenzhen, Guangzhou and Xiamen, PRC. The company will focus on cold chain logistics in China’s growing market. (SingTao Daily B15)
Leoch International Technology Ltd. (842 HK) announced that it has passed the accreditation of PEP BOYS to become one of its certified suppliers to supply Lead acid battery for PEP BOYS’ retail chain stores. (SingTao Daily B14)
Vitop Bioenergy Holdings Ltd. (1178 HK) has acquired 90 percent of equity interest in Express Time Enterprises Limited at a consideration of HK$108.5 million. (SingTao Daily B14)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
