Aeon Credit Service (900 HK) announced, the annual net profit had grown 14.6% year on year. And they are planning to open two micro credit companies in mainland within a year. (Hong Kong Economic Journal A10)
Sources said Bank of Communications (3328 HK) might issue 26 billion RMB subordinated bonds in October to increase the banks capital. (Hong Kong Economic Journal A6)
China ZhengTong Auto Services (1728 HK) has been informed by a controlling shareholder Joy Capital that it had purchased 2,400,000 shares of the company. Joy Capital, after the deal, is interested in around 61.98pc of the issued share capital of China ZhengTong Auto Services. (SingTao Daily B5)
Chu Kong Petroleum And Natural Gas Steel Pipe (1938 HK) announces that its wholly owned subsidiary Kaidi Heavy Equipment successfully bid for land use right of a piece of land in Lianyungang through an auction, involving RMB192.14 million. (SingTao Daily B5)
Fittec International (2662 HK) reported a loss attributable to owners of HK$68,815,000 for the year ended 30 June 2011. No dividend was proposed. (SingTao Daily B5)
Hong Kong Economic Times (423 HK) had dropped down 35%, 1.4 dollars in 2 seconds and then returned to the 2.2 dollars level in 3 minutes. (Hong Kong Economic Times A14)
Huadian Power International (1071 HK) announces an acquisition of a Sichuan Liangshan Shuiluohe hydropower project at a consideration of RMB1,690 million. The project’s hydropower capacity under construction amounts to 324MW, together with a preliminary project capacity of 1,116MW, making a total capacity of 1,440MW. (SingTao Daily B2)
Samling Global (3938 HK) announced the net profit of the year had grown 64.1%, 20.74 million USD as the requirements of wood had greatly increased in China and India. (Hong Kong Economic Times A16)
Tencent (700 HK) spends 78.7 million dollars to buyback 500 thousand its own shares. (Hong Kong Economic Times A16)
Sources say Travel Expert (Asia) (1235 HK) Enterprises fixes its IPO price at HK$0.63. The company will make its debut on the bourse next Thursday. (SingTao Daily B1)
Sources: Sing Tao Finance, Hong Kong Economic Journal, Hong Kong Economic Times, The Standard
