http://www.proactiveinvestors.com.hk Proactive Investors Chinese RSS feed - Editorials http://blogs.law.harvard.edu/tech/rss Proactive Investors China CMS admin@proactiveinvestors.com.hk (Proactive Admin) admin@proactiveinvestors.com.hk (Proactive Admin) en China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, Green Dragon told investors that it remains on-track to meet its ‘aggressive targets' in 2010, after it increased gross profit by 44% in the first six months. The Chinese CBM (Coal Bed Methane) gas producer increased revenues by 15% to US$21.5m. Wed, 01 Sep 2010 20:25:02 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4084/gas_drop45.jpg http://www.proactiveinvestors.com.hk/stock_news/2595-green-dragon-gas-reports-significant-growth-as-chinas-thirst-for-energy-continues.html http://www.proactiveinvestors.com.hk/stock_news/2595-green-dragon-gas-reports-significant-growth-as-chinas-thirst-for-energy-continues.html China-focused iron ore trading business and real estate investor Prosperity Minerals Holdings (LON:PMHL)  has received all the necessary approvals for the acquisition of a 25% interest in Liaoning Changqing Cement and the deal was completed today. Wed, 01 Sep 2010 20:21:46 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4285/cement45.jpg http://www.proactiveinvestors.com.hk/stock_news/2594-prosperity-minerals-completes-acquisition-of-25-stake-in-liaoning-changqing-cement.html http://www.proactiveinvestors.com.hk/stock_news/2594-prosperity-minerals-completes-acquisition-of-25-stake-in-liaoning-changqing-cement.html Funtalk China Holdings (“Funtalk”)(Nasdaq: FTLK), a China-based retailer and wholesale distributor of mobile phones and other wireless devices, announced for the first quarter of 2010 the company recorded profits of $9.6 million, or $0.19 per diluted share, on revenues of $253 million.  The results represented a year-on-year increase in profits and revenues of 133% and 28%, respectively, driven primarily by growth from the company’s retail segment. Wed, 01 Sep 2010 01:50:44 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4336/mobile_phone_on_chart_45.jpg http://www.proactiveinvestors.com.hk/market_news/2589-funtalk-china-increases-q1-profits-by-133-through-acquisitions.html http://www.proactiveinvestors.com.hk/market_news/2589-funtalk-china-increases-q1-profits-by-133-through-acquisitions.html After recently restructuring, junior oil and gas producer Camac Energy (“CAK”)(NYSE:CAK) is looking like a very solid emerging company.  The company recently reported its first operating revenues from the Oyo Oilfield, offshore Nigeria and from the commercialization of its Enhanced Oil Recovery and Production (EORP) technology in China.  At the same time, Camac benefits from a strong balance sheet, with assets of US$419.5 million, no debt and cash and cash equivalents of US$22 million. Wed, 01 Sep 2010 00:15:00 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4092/offshore_drilling_45.jpg http://www.proactiveinvestors.com.hk/market_news/2588-cash-flows-commence-in-china-and-nigeria-for-camac-energy.html http://www.proactiveinvestors.com.hk/market_news/2588-cash-flows-commence-in-china-and-nigeria-for-camac-energy.html China Gerui Advanced Materials Group (Nasdaq: CHOP), a steel processing company that produces specialty steel products in China, has reported revenues of $64 million for the second quarter of 2010, a 15.5% increase from the same period last year, while profits grew 5.8% to $12.1 million, or $0.26 per diluted share, driven by increased sales volume. Wed, 01 Sep 2010 00:11:39 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4949/steel_ignot_68.jpg http://www.proactiveinvestors.com.hk/market_news/2587-china-gerui-advanced-materials-grows-second-quarter-profits-by-6.html http://www.proactiveinvestors.com.hk/market_news/2587-china-gerui-advanced-materials-grows-second-quarter-profits-by-6.html Second quarter net income and revenues beat management expectations at over-the-counter pharmaceuticals company China Pharmaceuticals (OTC:CFMI) this morning. Tue, 31 Aug 2010 01:52:10 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/2580-china-pharmaceuticals-second-quarter-net-income-jumps-208.html http://www.proactiveinvestors.com.hk/market_news/2580-china-pharmaceuticals-second-quarter-net-income-jumps-208.html Fruits and vegetable distributer Sino Green Land Corporation (OTCBB:SGLAE) reported better second quarter results as the company started to benefit from recent initiatives designed to improve its security of supply from farmers. Tue, 31 Aug 2010 01:48:11 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4694/oranges45.jpg http://www.proactiveinvestors.com.hk/market_news/2579-sino-green-land-second-quarter-net-sales-climb-37-as-new-initiatives-take-hold.html http://www.proactiveinvestors.com.hk/market_news/2579-sino-green-land-second-quarter-net-sales-climb-37-as-new-initiatives-take-hold.html China Gold International Resources (TSX:CGG) has entered into an agreement to acquire the Jiama copper polymetallic property for approximately US$42.3 million. The property is currently held by CGG's largest shareholder China National Gold Group, and Rapid Result Investments. Tue, 31 Aug 2010 01:44:51 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4383/china_map_version_two45.jpg http://www.proactiveinvestors.com.hk/market_news/2578-china-gold-international-acquires-polymetallic-mine-in-tibet-from-largest-shareholder.html http://www.proactiveinvestors.com.hk/market_news/2578-china-gold-international-acquires-polymetallic-mine-in-tibet-from-largest-shareholder.html Specialist Energy Group (LON:SEGR) today announced a new contract in China for its wholly owned subsidiary, Hayward Tyler Group. The niche engineering and manufacturing group said that the order was for the delivery of two new 520kW glandless motor pumps for a conventional power station in Shentou, Shanxi Province, China. Fri, 27 Aug 2010 21:52:50 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/3961/china_map45.jpg http://www.proactiveinvestors.com.hk/market_news/2571-specialist-energy-group-announces-new-contract-in-china.html http://www.proactiveinvestors.com.hk/market_news/2571-specialist-energy-group-announces-new-contract-in-china.html Prophecy Resource`s (TSX VENTURE: PCY) (OTCQX: PRPCF) mine services agreeement with Leighton Asia Limited is on track to execute mining operations at Prophecy`s Ulaan Ovoo Coal Project in northern Mangolia, as Leighton has established the required infrastructure and deployed all necessary equipment and manpower on schedule. Fri, 27 Aug 2010 21:50:00 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4228/coal45.jpg http://www.proactiveinvestors.com.hk/market_news/2570-prophecy-resources-mine-preparation-for-ulaan-ovoo-project-on-track.html http://www.proactiveinvestors.com.hk/market_news/2570-prophecy-resources-mine-preparation-for-ulaan-ovoo-project-on-track.html Queensland based oil and gas company Icon Energy (ASX: ICN) has agreed to extend the time for the signing of the China LNG Gas Sales Agreement (GSA) to 31 December, 2010, as requested by Shenzhen SinoGas. Fri, 27 Aug 2010 21:42:04 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4615/gas45.jpg http://www.proactiveinvestors.com.hk/market_news/2569-icon-energy-grants-china-lng-sales-agreement-extension.html http://www.proactiveinvestors.com.hk/market_news/2569-icon-energy-grants-china-lng-sales-agreement-extension.html Cement manufacturer West China Cement (LON:WCC) has announced offer price and the results of the allocations for the Hong public offer. The offer price has been set at HK$1.69 per share, implying a market capitalisation of HK$6,955 million, or US$895 million. Sat, 21 Aug 2010 20:35:02 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/5224/hong_kong_night.JPG http://www.proactiveinvestors.com.hk/stock_news/2562-west-china-cement-s-hong-kong-ipo-values-company-at-us-895-million.html http://www.proactiveinvestors.com.hk/stock_news/2562-west-china-cement-s-hong-kong-ipo-values-company-at-us-895-million.html Prosperity Minerals (LON:PMHL) has received the final £16.5m (HK$200m) payment from the disposal of it cement businesses to TCC International Limited. Earlier this year, the company sold most of its cement related assets to TCC in a deal worth approximately £313.5m (HK$3.8bn). Sat, 21 Aug 2010 20:31:41 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4404/pound_coin45.jpg http://www.proactiveinvestors.com.hk/stock_news/2561-prosperity-minerals-receives-final-payment-from-disposal-of-cement-business.html http://www.proactiveinvestors.com.hk/stock_news/2561-prosperity-minerals-receives-final-payment-from-disposal-of-cement-business.html China oil and gas heavyweight CNOOC (NYSE:CEO, HK:00883) reported a near 41% increase in first half production to 149 million barrels of oil equivalent, while net profit surged approximately 110% to RMB 26 billion (approximately US$3.827 billion). Fri, 20 Aug 2010 19:16:35 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/2559-cnooc-production-rises-40-in-first-half-net-profits-jumps-109.html http://www.proactiveinvestors.com.hk/market_news/2559-cnooc-production-rises-40-in-first-half-net-profits-jumps-109.html Solar energy company Yingli Green Energy (NYSE: YGE) has announced its second quarter results, posting net revenues of USD $398.1 million, an 80.1% year-over-year increase, and profits of $32.1 million, compared to a net loss of approximately $579.5 million in the second quarter of 2009. The company has benefited from a mid teen growth rate in its PV module shipment volume quarter over quarter, it said. Fri, 20 Aug 2010 19:12:52 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/3959/solar_panels45.jpg http://www.proactiveinvestors.com.hk/stock_news/2558-yingli-green-energy-to-second-quarter-profit.html http://www.proactiveinvestors.com.hk/stock_news/2558-yingli-green-energy-to-second-quarter-profit.html