日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Tools: Save | Print | E-mail | Most Read
Mainland Banks Fall Following Ratio Lift
Adjust font size:

Hong Kong-listed mainland banks fell roughly 3.4 percent on Monday, the first trading day since the mainland's banking authority raised the deposit reserve ratio, a move that aims to drain the market's excess liquidity.

 

The share price of the country's top lender, the Industrial and Commercial Bank of China, slid 3.43 percent to HK$4.78, Bank of China dropped 3.01 percent to HK$4.19 and China Construction Bank slipped 3.36 percent to HK$4.89.

 

China Merchants Bank, the nation's most profitable bank with the highest share price, also fell 3.35 percent to HK$16.14.

 

Hong Kong-based analysts ascribe the dive in banking stocks to the central bank's new policy on the deposit reserve ratio.

 

This is the fourth time in the past seven months that the central bank has lifted the reserve ratio to curb excess capital in the banking system.

 

One of Hong Kong's largest listed companies, Hutchison Whampoa Ltd, whose long awaited US$18 billion unit sale caused a huge stir in both the Hong Kong and India markets, has finally come up with a confirmed timetable for picking bidders.

 

The company, which is headed by Li Ka-shing, the wealthiest man in China, is selling a controlling stake in its Indian mobile telephone unit, Hutchison Essar.

 

Market sources close to the deal said the group will select a preferred bidder before the Spring Festival holiday that falls in the middle of next month.

 

Hutchison Whampoa has attracted four interested parties so far from domestic and foreign bidders who valued Hutchison Essar at between $14 billion and $18 billion.

 

Hong Kong International Airport could take a stake of nearly 50 percent in Zhuhai Airport, the smallest in both passenger numbers and cargo volumes among the five airports in the Pearl River Delta.

 

The two airports have agreed to set up a joint-venture, Hong Kong-Zhuhai Airport Management, and Zhuhai Airport said it was willing to offer as much as a 49 percent holding to its bigger peer in Hong Kong.

 

The chief financial controller of Hong Kong airport said the airport had not decided how big a stake it wants to own.

 

(China Daily January 11, 2007)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
Interest Rates the Cure for Excessive Liquidity
Central Bank Lifts Reserve Ratio on Deposits
Further Interest Rate and Reserve Ratio Hikes Possible: Expert

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 莲花县| 博野县| 安国市| 沁源县| 锡林郭勒盟| 石家庄市| 苗栗市| 大名县| 江川县| 曲水县| 将乐县| 华池县| 蕉岭县| 宜城市| 随州市| 黄龙县| 吴川市| 泉州市| 黄石市| 阿勒泰市| 鸡东县| 广州市| 昆明市| 江川县| 武清区| 五大连池市| 焦作市| 塘沽区| 洛浦县| 阿克陶县| 英超| 华池县| 分宜县| 临潭县| 宝兴县| 平山县| 浦城县| 贵港市| 桦南县| 安远县| 蓬溪县|