Category

China Investments

How to Profit From the Dubai-China Connection

By Keith Fitz-Gerald Contributing Editor It was only back in August that I penned a report that I titled, The China Connection: Why Dubai Is Really Interested In MGM. Within that little investment treatise, I suggested that the “real” story wasn’t Dubai’s investment in MGM – as most analysts thought. It was Dubai’s interest in […]

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China Sends Pork Packing, Escalating U.S. Trade Dispute

By Jason Simpkins Staff Writer Clearly agitated by controversy related to the safety of its exports, China is striking back. Early this week, Beijing rebuffed shipments of both Canadian and American meat products, citing safety concerns. Shipments of pork kidney from the United States and spare ribs from Canada were rejected, after Chinese authorities found […]

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Shares of Baidu – "China's Google" – Surge

From Staff Reports Shares of Chinese search engine Baidu (BIDU) hit a record high yesterday (Monday) after an RBC Capital Markets analyst increased his price target for the stock on expectations for a solid third quarter, according to The Associated Press. In a note to clients Monday, RBC analyst Jordan Rohan raised his price target […]

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Dubai Plans to Boost Asia Investment by 150% Within Two Years

By Mike Caggeso Staff Writer Soud Ba’alawy, the executive chairman of Dubai World — an investment company backed by the state — said the firm would invest up to $2.5 billion in India and China over the next two years. The moves will strengthen Dubai World’s already-expanding international portfolio. But these investments are at a […]

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Analysts Wondering About Alcoa's Next Move

From Staff Reports Just what motivated Alcoa Inc (AA) to dump its stake in China's biggest aluminum company this week is not clear, but the $1.8 billion cash infusion should appease suffering stockholders while giving the aluminum giant maneuvering room. It’s only been a few months since Alcoa's hostile attempt to buy Canadian rival Alcan […]

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Alcoa Sells Chalco Stake for $2 Billion

From Staff Reports Alcoa Inc. (AA ), the biggest U.S.-based aluminum producer, has sold its nearly 7% stake in China's largest aluminum maker for $2 billion. The Pittsburgh-based Alcoa sold its interest in Aluminum Corporation of China Ltd., also known as Chalco (ACH ), for the equivalent of $2.23 a share, a 15% discount to […]

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Mattel Recalls Signal China's Arrival

By Keith Fitz-GeraldContributing Editor On the heels of yet another Mattel Inc. (MAT) recall last week, many investors are wondering if shoddy manufacturing and poor quality control will be China’s undoing. I don’t think so. In fact, I’m sure of it. As a longtime China observer, I can tell you that that this is an […]

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China Communication Construction Taunts Barred U.S. Investors With 136% First-Half Profits, 130% YTD Stock Gains

By Mike Caggeso Staff Writer China Communication Construction Co. released striking first-half numbers that parallel the country's massive trade explosion. Profits rose 136%, revenue rose 24% and earnings per share leaped 90% during the first half, CCCC reported in its first half-year earnings statement since its December 2006 IPO in Hong Kong. Infrastructure construction, which […]

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Chinese Banks Go Public to Satisfy Bull Market Demand

By Jason Simpkins Staff Writer China Construction Bank Corp. is gearing up for what is likely to be the world's second biggest public stock offering this year.  The amount the bank expects to raise was not disclosed in the preliminary prospectus released Tuesday.  But based on current share prices it's estimated that the stock offering […]

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Beijing's Finance Minister Resigns

From Staff Reports China's finance minister resigned Thursday, the day after President Hu Jintao criticized finance officials over a lack of integrity, the Reuters news agency reported last week. The precise motivation for Jin's replacement remains unknown, but several Chinese sources have suggested that a sex scandal was his undoing.  According to published reports, the […]

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