China Business News: JPMorgan cuts stake in ICBC to 4.98%

Finance

Stock Market

Real Estate

Economy

Funds

Bonds

Industries

Company News

R&D

Trade

Latest News :2010.02.09 Search News Or

JPMorgan cuts stake in ICBC to 4.98%

Aug. 26, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co recently reduced its shareholding in Industrial and Commercial Bank of China<601398><1398> to 4.98% from the previous 5.2%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that JPMorgan on Aug. 18 sold 179 million H shares of ICBC,

.....

The rest of this article can only be viewed by China Knowledge Premium Members.

Please Login or Subscribe to view this information

Subscribe | Login

Comentary & Analysis

China's Real Estate at Crossroads
China's real estate market recovered rapidly in 2009, becoming one of the major driving forces for economic recovery during the global crisis. However...More

News Archive

Choose date to list the News

February 2010

Business
Top Biggest Economies in China

Guangdong	US$333.8b

Shandong	US$281.2b

Jiangsu	US$275.7b

Get Top 10 Listing


	Zhenro Group buys land in Fuzhou for RMB 6 bln (9 Feb)

	Controlling shareholder seeks to privatize Joyce Boutique (9 Feb)

	Huawei to launch new Android-powered products (9 Feb)

	CIC to manage more of own investments (9 Feb)

	3 firms to invest HK$400 mln in Skyjoy's convertible bonds (9 Feb)

	CIC's US equity holdings at US$9.66 bln as of Dec 31 (9 Feb)

	Yutong Bus sees sales volume surge 121.13% in Jan (9 Feb)

	CNOOC to buy stake in oil assets in Uganda for US$2.5 bln (9 Feb)

	EIA study affirms HK Electric's proposed offshore wind farm (9 Feb)

	China Overseas Land inks HK$8-bln loan agreement (9 Feb)

	Airbus sees growing Asia-Pacific orders on strong China demand (9 Feb)

	Shareholder to place 55 mln shares of Esprit Holdings (9 Feb)

	Changan Suzuki Auto recalls 10,326 faulty cars in China (9 Feb)

	Huadian Power to build new coal-fired power plant in Laizhou (9 Feb)

	Sino-Brazilian trade booms in Jan (9 Feb)

	China's largest tungsten producer sees 2009 profit surge 40% (9 Feb)

	Nanjing Xinwang Tech to become coal firm (9 Feb)

	Zhejiang Hangxiao Steel Structure to tap property market (9 Feb)

	Sinopec relocates Beihai refinery (9 Feb)

	China's coal output to hit 3.3 bln tons in 2010 (9 Feb)

	BoCom plans rights issue in Shanghai, Hong Kong (9 Feb)

	China National Coal's coal output hits 12.13 mln tons in Jan (9 Feb)

	Vanke buys land in Fuzhou for RMB 1.66 bln (9 Feb)

	Corning to expand investment in China, add more staff (9 Feb)

	Banco Santander confirms JV talks with CCB (9 Feb)

	China's Huatai to raise up to US$2.5 bln in Shanghai IPO (9 Feb)

	Advanced Semiconductor's Q4 net profit hit NT$3.45 bln (9 Feb)

	China's crude steel demand up 8% to 10% this year: official (9 Feb)

	Hong Kong Airlines buys 6 Airbus A330-200s (9 Feb)

	GM China sales surge 97% in Jan (9 Feb)

	Lenovo's Q3 net profit hits US$79.52 mln (9 Feb)

	Scitus Cement to acquire smaller cement producer in Sichuan (9 Feb)

	YunNan Metropolitan buys land in Xianyang for RMB 348 mln (9 Feb)

	China touts closure of nation's biggest hacker training site (9 Feb)

	CITIC Capital raises US$925 mln in 2nd China fund (9 Feb)

	Huawei wins orders from China Telecom (9 Feb)

	China's passenger car sales to exceed 1 mln units (9 Feb)

	Bank of Beijing to buy 50% stake in ING Capital Life for RMB 682 (9 Feb)

	HK gov't considering raising stamp duty on luxury properties (9 Feb)

	US levies anti-dumping duties on China gift boxes, ribbons (9 Feb)

	Three Gorges short-listed for hydropower project in Colombia (8 Feb)

	Toyota sells 72,000 cars in China in Jan 2010 (8 Feb)

	China Precious Metal to purchase gold mine in mainland (8 Feb)

	Shagang Group's net profit hits RMB 5 bln in 2009 (8 Feb)

	Sichuan Airlines gets A330 model from Airbus (8 Feb)

	Iron-ore price talks expected to conclude by Apr 1 (8 Feb)

	Central Huijin to inject RMB 50 bln into 2 firms: report (8 Feb)

	CGNPG to cooperate with Ukraine National Nuclear Power (8 Feb)

	DBS may invest in mainland lender: chairman (8 Feb)

	Chinese auto industry may face excess capacity (8 Feb)

Ways to get our latest news

Post Your Site
Learn More >>

E-newsletter
Sign up now >>

RSS Feeds
View list >>

Bookmark & Share
View list >>