H shares

Sinopec Closes First Bulk Agreement Transaction of China's National Carbon Market

Retrieved on: 
Thursday, July 22, 2021
Companies, H shares, Stock exchanges, Sinopec, Chaoyang District, Beijing, Shanghai Petrochemical

BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.

Key Points: 
  • BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.
  • Per the official transaction data disclosed by the Shanghai Environment and Energy Exchange (SEEE), it was the first bulk agreement transaction since the official launch of China's national carbon market and the only bulk agreement transaction on the day.
  • A total of 17 Sinopec's subsidiaries have their self-supply power plants included in the national carbon market, among which four companies, namely Sinopec Shengli Oilfield, Sinopec Maoming Petrochemical, Sinopec Shanghai Petrochemical and ZTHC Energy, participated in the first day of carbon trading.
  • Sinopec's pilot companies have all fulfilled their carbon quota compliance tasks in full, and accumulated extensive experience for entering the national carbon market.

Yeahka Plans to Pay No More Than US$100 Million to Purchase Company Shares

Retrieved on: 
Thursday, July 22, 2021
Hong Kong Stock Exchange, H shares, Companies, Economy of China, Finance in China

HONG KONG, July 22, 2021 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, announced that it will pay an amount of no more than US$100 million to the restricted share unit scheme ("RSU Scheme") trustee to purchase shares of the Company ("Shares") on market from time to time.

Key Points: 
  • HONG KONG, July 22, 2021 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, announced that it will pay an amount of no more than US$100 million to the restricted share unit scheme ("RSU Scheme") trustee to purchase shares of the Company ("Shares") on market from time to time.
  • The Shares so purchased will be used as awards for participants in the RSU Scheme.
  • Yeahka Limited is a leading payment-based technology platform in China providing payment and technology-enabled business services to merchants and consumers.
  • The Company was listed on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in June 2020 under the stock code "09923.HK".

Yeahka Plans to Pay No More Than US$100 Million to Purchase Company Shares

Retrieved on: 
Thursday, July 22, 2021
Hong Kong Stock Exchange, H shares, Companies, Economy of China, Finance in China

HONG KONG, July 22, 2021 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, announced that it will pay an amount of no more than US$100 million to the restricted share unit scheme ("RSU Scheme") trustee to purchase shares of the Company ("Shares") on market from time to time.

Key Points: 
  • HONG KONG, July 22, 2021 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock Code: 9923), a leading payment-based technology platform in China, announced that it will pay an amount of no more than US$100 million to the restricted share unit scheme ("RSU Scheme") trustee to purchase shares of the Company ("Shares") on market from time to time.
  • The Shares so purchased will be used as awards for participants in the RSU Scheme.
  • Yeahka Limited is a leading payment-based technology platform in China providing payment and technology-enabled business services to merchants and consumers.
  • The Company was listed on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in June 2020 under the stock code "09923.HK".

Global Container Names Stephen Controulis As Chief Financial Officer

Retrieved on: 
Monday, July 19, 2021
Supply chain management, Retail, Maritime, Transport, Logistics, Supply chain management, Other Transport, Shipping companies, Cosco Shipping, Port operating companies, Transport, Companies, H shares

Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.

Key Points: 
  • Global Container International Holdings LLC (GCI) today announced that Stephen Controulis will be joining its executive management team as Chief Financial Officer.
  • Steve is an accomplished C-Suite executive with significant experience in financial services, including more than 20 years in the container leasing industry where he was the Chief Financial Officer of Triton Container International Limited.
  • Most recently, Steve was the Chief Financial Officer of Solar Mosaic, a specialty clean-energy finance company.
  • Global Container International LLC is a Bermuda-based marine container leasing company with worldwide operations including offices or agency representation in the United States, Hong Kong, Shanghai, Singapore, Antwerp, Taipei, and Seoul.

Kintor Pharmaceutical Collaborates with Fosun Pharma Development to Commercialise Proxalutamide for Treatment of COVID-19 in India and Africa

Retrieved on: 
Thursday, July 15, 2021
Companies of China, Companies, Economy of China, Fosun International, H shares, Fosun Pharma, Sun Pharma, Guo Guangchang

Kintor and Fosun Pharma Development will collaborate on the emergency use authorization applications, promotion, and sales of proxalutamide for the treatment of COVID-19 indication.

Key Points: 
  • Kintor and Fosun Pharma Development will collaborate on the emergency use authorization applications, promotion, and sales of proxalutamide for the treatment of COVID-19 indication.
  • According to the licensing agreement, Fosun Pharma Development will be granted exclusive rights of registration and commercialisation of proxalutamide in the Collaboration Regions.
  • Shanghai Fosun Pharmaceutical Development Ltd. is a wholly-owned subsidiary of Shanghai Fosun Pharmaceutical (Group) Co., Ltd.
  • Founded in 1994, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. ("Fosun Pharma Group";stock code: 600196.SH, 02196.HK) is a leading global pharmaceutical and healthcare provider in China.

Huatai Securities' Asset Management Unit Joins UN-Supported Principles for Responsible Investment

Retrieved on: 
Wednesday, July 14, 2021
Finance, Economy, H shares, Money, Ethical banking, Ethical investment, Huatai Securities, Principles for Responsible Investment, Socially responsible investing

SHANGHAI, CHINA, July 14, 2021 - (ACN Newswire) - Huatai Securities Co., Ltd. (601688.CH; 6886.HK; HTSC.LI) today announced that its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. ('HTSCAM' or 'the Company') has become a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).

Key Points: 
  • SHANGHAI, CHINA, July 14, 2021 - (ACN Newswire) - Huatai Securities Co., Ltd. (601688.CH; 6886.HK; HTSC.LI) today announced that its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. ('HTSCAM' or 'the Company') has become a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).
  • UNPRI's six principles for responsible investment:
    Under the UNPRI's six responsible investment principles, HTSCAM will develop and build an ESG investment research framework, to better integrate ESG into the investment process.
  • The ABS products also adhere to the concept of socially responsible investment and provide efficient, long-term, and sustainable financial support to enterprises.
  • The Company's principal businesses comprise of wealth management, institutional services, investment management and international business.

China Finance Online Announcement

Retrieved on: 
Friday, July 9, 2021
Finance, Money, Economy, Financial technology, H shares, China International Capital Corporation, Koscom

BEIJING, July 9, 2021 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced today that the Company learned of an investigation of Mr. Zhiwei Zhao, Chairman of Board of Directors of the Company by Xicheng Branch of Beijing Municipal Public Security Bureau.

Key Points: 
  • BEIJING, July 9, 2021 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced today that the Company learned of an investigation of Mr. Zhiwei Zhao, Chairman of Board of Directors of the Company by Xicheng Branch of Beijing Municipal Public Security Bureau.
  • China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers.
  • The Company's prominent flagship portal site, www.jrj.com , is ranked among the top financial websites in China.
  • China Finance Online also provides brokerage services in Hong Kong.

Shanghai Electric Ranks in China's Top 50 Most Valuable Brands at RMB 145 billion, a YoY 37.4% Increase

Retrieved on: 
Thursday, July 8, 2021
H shares, Companies, Shanghai, Shanghai Electric, Shanghai Airlines

SHANGHAI, July 8, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) has been named one of the top 50 most valuable brands in China, according to the latest "China's 500 Most Valuable Brands" list released by World Brand Lab.

Key Points: 
  • SHANGHAI, July 8, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) has been named one of the top 50 most valuable brands in China, according to the latest "China's 500 Most Valuable Brands" list released by World Brand Lab.
  • The ranking shows Shanghai Electric's brand value has topped RMB 145 billion in 2021, a 37.4% increase from last year, placing the company at the forefront of the Chinese machinery industry.
  • This allows the project to generate near 100%renewable energy and reduce CO2 emissions by 6,500 tons per year.
  • Shanghai Electric envisions a new digital urban management model built on a foundation of robust digital technologies and flexible IT infrastructures.

Shanghai Electric Ranks in China's Top 50 Most Valuable Brands at RMB 145 billion, a YoY 37.4% Increase

Retrieved on: 
Thursday, July 8, 2021
H shares, Companies, Shanghai, Shanghai Electric, Shanghai Airlines

SHANGHAI, July 8, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) has been named one of the top 50 most valuable brands in China, according to the latest "China's 500 Most Valuable Brands" list released by World Brand Lab.

Key Points: 
  • SHANGHAI, July 8, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) has been named one of the top 50 most valuable brands in China, according to the latest "China's 500 Most Valuable Brands" list released by World Brand Lab.
  • The ranking shows Shanghai Electric's brand value has topped RMB 145 billion in 2021, a 37.4% increase from last year, placing the company at the forefront of the Chinese machinery industry.
  • This allows the project to generate near 100%renewable energy and reduce CO2 emissions by 6,500 tons per year.
  • Shanghai Electric envisions a new digital urban management model built on a foundation of robust digital technologies and flexible IT infrastructures.

China Huarong's "Recent Concerns" and "Future Worries"

Retrieved on: 
Wednesday, June 30, 2021
Finance, Companies, H shares, Economy, China Huarong Asset Management, Bank, United States federal banking legislation, ING Group, Banking in China, Banking Act

Apart from the financial statements, on the other hand, CHAMC is a financial enterprise majority-owned by the Ministry of Finance and directly supervised by the China Banking and Insurance Regulatory Commission (CBIRC).

Key Points: 
  • Apart from the financial statements, on the other hand, CHAMC is a financial enterprise majority-owned by the Ministry of Finance and directly supervised by the China Banking and Insurance Regulatory Commission (CBIRC).
  • After all, China does not lack good banking, insurance and securities institutions, but needs more professional and experienced non-performing asset management institutions.
  • For China Huarong, stabilizing the current liquidity is only a phased task, rather than a goal of reform.
  • In the first quarter, the banking industry disposed of non-performing loans of RMB463.2 billion, exceeding the same period last year.