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 Red Rock Resources (LON:RRR) has acquired an option to acquire a further 4.94 percent of Kansai Mining Corp. Fri, 03 Feb 2012 12:06:23 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4940-red-rock-resources-acquires-option-in-kansai-mining.html http://www.proactiveinvestors.com.hk/market_news/4940-red-rock-resources-acquires-option-in-kansai-mining.html Condor Resources (LON:CNR) released a strong set of drilling results from its wholly owned La India gold project in Nicaragua and announced the discovery of the new Natalia vein. Fri, 03 Feb 2012 11:49:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4949-condor-resources-reports-high-grade-results-from-la-india-project.html http://www.proactiveinvestors.com.hk/market_news/4949-condor-resources-reports-high-grade-results-from-la-india-project.html Amphion Innovations (LON:AMP), the developer of medical and technology businesses, said it has secured additional unsecured loan financing of US$500,000 from its chairman James Macaleer. Fri, 03 Feb 2012 11:44:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4946-amphion-innovations-secures-us-500-000-loan-from-chairman.html http://www.proactiveinvestors.com.hk/market_news/4946-amphion-innovations-secures-us-500-000-loan-from-chairman.html Shares in Max Petroleum (LON:MXP) rose after the Kazakhstan focused oil firm reported flow test results from two of its wells, which will soon be placed on long term test production. Fri, 03 Feb 2012 11:39:50 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4937-max-petroleum-reports-flow-test-results-from-two-wells-in-kazakhstan.html http://www.proactiveinvestors.com.hk/market_news/4937-max-petroleum-reports-flow-test-results-from-two-wells-in-kazakhstan.html   Regency Mines (LON:RGM) this afternoon revealed drill results from the Mambare nickel laterite project, in Papua New Guinea. Fri, 03 Feb 2012 11:22:00 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4121/nickel_pure_350.jpg http://www.proactiveinvestors.com.hk/market_news/4943-regency-mines-reveal-significant-nickel-results-from-mambares-plateau-zone.html http://www.proactiveinvestors.com.hk/market_news/4943-regency-mines-reveal-significant-nickel-results-from-mambares-plateau-zone.html China's shares surged higher Thursday, as better news from the Eurozone and the U.S., plus China "blue chip" stocks trading at historically low valuations, brought investors and funds into the market. The benchmark Shanghai Composite Index, which tracks both A and B shares, ended up 2.0%, or 44.48 points, at 2312.56. The Shenzhen Composite Index rose 1.9%, or 16.13 points, to 865.72.Total turnover on the two bourses rose to 103.93 billion yuan (16.47 billion U.S. dollars) from 90.09 billion yuan on the previous trading day. China will expand its fiscal budget for agriculture and direct more fixed-asset investment toward the sector in 2012, according to a document issued Wednesday by the Central Committee of the Communist Party of China (CPC) and the State Council, or China's Cabinet. The news boosted shares of agricultural firms, with Xinjiang Talimu Agriculture Development Co., Ltd. and Wanfu Biotechnology (Hunan) Agricultural Development Co., Ltd. surging by the daily limit of 10 percent to close at 8.22 yuan and 22.9 yuan per share, respectively.Hunan Jinjian Cereals Industry advanced 5.3% to CNY5.20, Hunan Zhenghong Science & Technology Development rose 4.9% to CNY4.46 and Heilongjiang Agriculture climbed 3.1% to CNY8.88.  The government will relax restrictions on the usage of private capital, foreign capital and funds from international organizations in setting up small financial institutions, according to a statement released after a State Council executive meeting presided over by Premier Wen Jiabao.Banks rose over the announcement, with the Industrial Bank Co., Ltd. gaining 4.35 percent to close at 14.15 yuan and Shanghai Pudong Development Bank up 3.52 percent to 9.4 yuan.The Industrial and Commercial Bank of China, the world's largest bank by market value, climbed 2.34 percent to 4.38 yuan. China Vanke, the country's largest real estate developer, saw shares go up 1.59 percent to 7.68 yuan.Ping An Insurance (Group) Co. of China jumped 6.0% to CNY39.64, Industrial Bank gained 4.4% to CNY14.15 and China Life Insurance added 4.0% to CNY19.07. Fri, 03 Feb 2012 06:10:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/columns/4936-china-shanghai-composite-index-surges-2.html http://www.proactiveinvestors.com.hk/columns/4936-china-shanghai-composite-index-surges-2.html Hong Kong shares closed Thursday at their highest closing level of 2012 following positive economic data in the U.S. and Europe, with commodity firms leading the gains. The index has risen 13% so far this year. With Hong Kong stocks trading at historically attractive price earnings valuations, funds that are replete with high cash levels are finding ways to put the cash to good use.Hong Kong and China shares were stronger on Thursday, lifted by strength in Chinese financials and other growth-sectors.The Hang Seng Index rose 406.08 points, or 2.0%, to 20,739.45 after trading between 20,564.97 and 20,761.70 during the session. Market volume totaled HK$75.17 billion, up from HK$61.64 billion Wednesday.CNOOC Ltd jumped 3.1 percent, while PetroChina Co Ltd was up 1.8 percent, CNOOC aims to double its oil and gas production by 2020. China Petroleum & Chemical Corp (Sinopec) gained 1.7 percent.Aluminum producer Chalco ended up 3.8% at HK$3.86, and China Coal finished up 3.7% at HK$10.06.Resources stocks were particularly firm following the positive economic data globally. Shares of Macau casino operators were also higher, with several rising more than 4%, adding to Wednesday's gains after Macau's January gambling revenue data released yesterday afternoon pointed to a solid start for 2012. Macau, the only place in China where casino gambling is legal, saw gambling revenue rise 35% to MOP25.04 billion (US$3.13 billion) last month, up from MOP18.57 billion a year earlier.Las Vegas Sands Corp. a unit of Sands China Ltd. moved higher on its fourth-quarter net profit rising 44%. The company's shares ended up 4.9% at HK$27.75, an all-time closing high. The company, which listed in Hong Kong in November 2009, said its net profit rose to US$306.7 million from US$213.3 million a year earlier as revenue rose 22% to US$1.33 billion. The company also declared its first-ever dividend, an interim payment of 58 Hong Kong cents per share. Fri, 03 Feb 2012 06:01:35 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/columns/4935-hong-kong-shares-set-cracking-pace-up-2.html http://www.proactiveinvestors.com.hk/columns/4935-hong-kong-shares-set-cracking-pace-up-2.html Connemara Mining (LON:CON) jumped 17 per cent in early deals after securing a partner for the Mine River block in Ireland, which is prospective for both base metals and gold. Thu, 02 Feb 2012 17:42:52 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/5025/agreement350.jpg http://www.proactiveinvestors.com.hk/market_news/4932-proactiveinvestors-recommends.html http://www.proactiveinvestors.com.hk/market_news/4932-proactiveinvestors-recommends.html Hong Kong shares edged down at the close Wednesday, giving up earlier gains after the index rose in seven of the previous eight sessions.The benchmark Hang Seng index gave up 0.28 per cent, or 57.12 points, to 20,333.37 on turnover of HK$61.64 billion($A7.51 billion)).The market was also weighed by a report that China's new yuan loans fell short of expectations in January, heightening concerns that Beijing would continue to keep tight credit conditions.Cheung Kong Holdings gave up 0.9% and Sino Land fell 3.6%.Henderson Land rose 0.7 per cent to HK$42.40 and Sun Hung Kai Properties was flat at HK$107.40. Cheung Kong dropped 0.9 per cent to HK$103.50.Li & Fung slid 1.8 percent to HK$16.66. Techtronic Industries Co., a maker of Ryobi power tools and Hoover vacuum cleaners that counts North America as its largest market, slipped 0.1 percent to HK$8.61.Sands China, Asia’s biggest casino operator by market value, gained 0.8 percent to HK$26.45 after Macau gambling revenues jumped 35 percent in January. SJM Holdings Ltd., a casino company founded by billionaire Stanley Ho, increased 2 percent to HK$14.16. Galaxy Entertainment Group Ltd. rallied 1.8 percent to HK$17.22. Thu, 02 Feb 2012 08:08:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/columns/4931-hk-stocks-give-up-gains-casino-counters-stronger.html http://www.proactiveinvestors.com.hk/columns/4931-hk-stocks-give-up-gains-casino-counters-stronger.html African Energy Resources' (ASX: AFR) latest resource upgrade provides further potential for a 30 million tonne per annum thermal coal production operation for over 100 years, starting in 2013. With the large near surface resource, AFR's Sese project is centrally located in an African region that is chronically short of power. The resource positions AFR to play a role in supplying this market. Longer term, the Indian thermal coal market beckons for AFR and Sese. Thu, 02 Feb 2012 07:55:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/company_news/4930-african-energy-resources-well-positioned-to-supply-energy-strapped-african-power-market.html http://www.proactiveinvestors.com.hk/company_news/4930-african-energy-resources-well-positioned-to-supply-energy-strapped-african-power-market.html   Agricultural additives business Anpario (LON:ANP) expects to report a successful year, when it publishes its financial results for the twelve months ended December 31 2011. Wed, 01 Feb 2012 23:35:00 +0800 http://www.proactiveinvestors.com.hk/tiny_mce/0000/4270/financialnews350.jpg http://www.proactiveinvestors.com.hk/market_news/4922-anpario-says-2011-was-a-successful-year.html http://www.proactiveinvestors.com.hk/market_news/4922-anpario-says-2011-was-a-successful-year.html 7:00 am RNS Number : 5177W Fluormin PLC 01 February 2012   Wed, 01 Feb 2012 23:11:42 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/stock_news/4919-rns-release-re-organisation-of-nominated-adviser-and-broker.html http://www.proactiveinvestors.com.hk/stock_news/4919-rns-release-re-organisation-of-nominated-adviser-and-broker.html Mainland Chinese markets were firmer Tuesday, with the Shanghai Composite Index edging up 0.3%, or 28.8 points to 9.303.65 after a volatile session in which A-share turnover neared January lows. Wed, 01 Feb 2012 05:53:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/columns/4918-china-stocks-edge-up-in-volatile-trading.html http://www.proactiveinvestors.com.hk/columns/4918-china-stocks-edge-up-in-volatile-trading.html Latin-America focused Global Energy Development (LON:GED) announced today it has secured a US$12 million financing. Wed, 01 Feb 2012 00:06:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4925-global-energy-development-secures-us-12-mln-financing.html http://www.proactiveinvestors.com.hk/market_news/4925-global-energy-development-secures-us-12-mln-financing.html   Diurnal, the drug developer 43 per cent owned by stock market listed Fusion IP (LON:FIP), has achieved a significant milestone in the progression of Chronocort, a replacement cortisol. Tue, 31 Jan 2012 22:29:00 +0800 http://www.proactiveinvestors.com.hkNone http://www.proactiveinvestors.com.hk/market_news/4915-fusion-ip-s-diurnal-achieves-major-milestone.html http://www.proactiveinvestors.com.hk/market_news/4915-fusion-ip-s-diurnal-achieves-major-milestone.html