Bloomberg.com Region - China News Bloomberg.com Region - China News http://www.bloomberg.com Bloomberg LP en-us Financial News JPMorgan Hires Linklaters Asia Managing Partner Zili Shao as China Chief Nov. 23 (Bloomberg) -- JPMorgan Chase & Co. said it hired Zili Shao from law firm Linklaters LLP as chairman and chief executive officer of its China operations. http://www.bloomberg.com/apps/news?pid=20601089&sid=aLuihsqqtDkk&refer=china http://data.bloomberg.com/bb/rssstory?sid=aLuihsqqtDkk Mon, 23 Nov 2009 04:33:18 EST Financial News Longyuan Power Said to Seek Up to $2.3 Billion in Hong Kong Initial Offer Nov. 22 (Bloomberg) -- China Longyuan Power Group Corp. may raise as much as HK$17.5 billion ($2.3 billion) in the world’s third-largest alternative energy initial public offering since at least 1999. http://www.bloomberg.com/apps/news?pid=20601089&sid=aCg1ZWgpGzpY&refer=china http://data.bloomberg.com/bb/rssstory?sid=aCg1ZWgpGzpY Sun, 22 Nov 2009 23:55:38 EST Financial News Chinese Regulator Denies Telling Banks to Raise Capital Adequacy Ratios Nov. 23 (Bloomberg) -- China’s banking regulator denied telling “large” banks to raise their capital adequacy ratios, describing media reports of such a requirement as a “rumor.” http://www.bloomberg.com/apps/news?pid=20601089&sid=a5BOzW_rfvJg&refer=china http://data.bloomberg.com/bb/rssstory?sid=a5BOzW_rfvJg Mon, 23 Nov 2009 07:12:43 EST Financial News Minsheng to Start Trading This Week as Sands China IPO Prices at Low End Nov. 22 (Bloomberg) -- China Minsheng Banking Corp., the nation’s first privately owned lender, will begin trading this week in Hong Kong after raising HK$30.1 billion ($3.9 billion) in the territory’s biggest public share sale since April 2007. http://www.bloomberg.com/apps/news?pid=20601089&sid=agHAxCeA5zYU&refer=china http://data.bloomberg.com/bb/rssstory?sid=agHAxCeA5zYU Sun, 22 Nov 2009 14:05:16 EST Financial News China Risks Japan 1980s-Style Bubble With Loose Monetary Policy, BNP Says Nov. 22 (Bloomberg) -- China is risking a Japan-style bubble unless the country’s regulators start to rein a record lending boom, BNP Paribas said. http://www.bloomberg.com/apps/news?pid=20601089&sid=aGzOVBEvgfWU&refer=china http://data.bloomberg.com/bb/rssstory?sid=aGzOVBEvgfWU Sun, 22 Nov 2009 23:29:47 EST Financial News Industrial Bank to Raise $2.6 Billion in Rights Offer to Meet Loan Demand Nov. 23 (Bloomberg) -- Industrial Bank Co. plans to raise 18 billion yuan ($2.6 billion) in 2010 in the third-largest share sale announced by a Chinese lender this year to ensure it has enough capital to meet increasing loan demand. http://www.bloomberg.com/apps/news?pid=20601089&sid=aPHcTF1_7hSE&refer=china http://data.bloomberg.com/bb/rssstory?sid=aPHcTF1_7hSE Mon, 23 Nov 2009 00:16:53 EST Financial News Rising Costs in China, Demand Will Support Aluminum Prices, Macquarie Says Nov. 22 (Bloomberg) -- Aluminum prices will be supported for the next three years by rising production costs in China, the biggest producer, and a recovery in global demand, Macquarie Securities Ltd. said. http://www.bloomberg.com/apps/news?pid=20601089&sid=avBxcmX9rI1Y&refer=china http://data.bloomberg.com/bb/rssstory?sid=avBxcmX9rI1Y Sun, 22 Nov 2009 22:05:48 EST Financial News Mercedes-Benz Says China to Pass U.K. as Company's No. 3 Market Next Year Nov. 23 (Bloomberg) -- Daimler AG’s Mercedes-Benz expects China to surpass the U.K. as its third-biggest market next year with its sales growth in the Asian country outpacing the overall auto market. http://www.bloomberg.com/apps/news?pid=20601089&sid=ai2D9IZqgFsg&refer=china http://data.bloomberg.com/bb/rssstory?sid=ai2D9IZqgFsg Mon, 23 Nov 2009 02:16:58 EST Financial News China's Stocks Gain; Gold Producers Advance With Bullion, Datang Declines Nov. 23 (Bloomberg) -- China’s stocks rose, driving the benchmark index to a three-month high, as consumer companies gained on speculation the government will extend measures to boost domestic demand and drive the nation’s recovery. http://www.bloomberg.com/apps/news?pid=20601089&sid=a1cTJ.YeDUKk&refer=china http://data.bloomberg.com/bb/rssstory?sid=a1cTJ.YeDUKk Mon, 23 Nov 2009 02:51:48 EST Financial News Kaisa to Raise Up to $574 Million in Hong Kong Initial Offer, E-Mail Says Nov. 22 (Bloomberg) -- Kaisa Group Holdings Ltd., a property developer in southern China’s Pearl River Delta, may raise as much as HK$4.45 billion ($574 million) in a Hong Kong initial public offering, said a sale document today. http://www.bloomberg.com/apps/news?pid=20601089&sid=aOO4C402ktPQ&refer=china http://data.bloomberg.com/bb/rssstory?sid=aOO4C402ktPQ Sun, 22 Nov 2009 21:09:11 EST General News Hong Kong Regulator Bans Former CLSA Banker for Life for Insider Trading Nov. 23 (Bloomberg) -- Hong Kong’s Securities and Futures Commission banned former CLSA Asia-Pacific Markets investment banker Allen Lam from the industry for life following his conviction in July for insider trading. http://www.bloomberg.com/apps/news?pid=20601089&sid=as5jpqeeoZnA&refer=china http://data.bloomberg.com/bb/rssstory?sid=as5jpqeeoZnA Mon, 23 Nov 2009 05:42:25 EST General News Death Toll Increases to 104 in China's Worst Mining Accident in Two Years Nov. 23 (Bloomberg) -- The death toll from China’s worst coal-mine disaster in almost two years rose to 104 as authorities criticized safety lapses and dismissed senior management of the pit in the country’s northeast. http://www.bloomberg.com/apps/news?pid=20601089&sid=awQ7ja32nsCU&refer=china http://data.bloomberg.com/bb/rssstory?sid=awQ7ja32nsCU Mon, 23 Nov 2009 03:11:36 EST