UPDATE:China Power Intl Makes Strong HK Stk Market Debut
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HONG KONG (Dow Jones)--Shares in China Power International Development Ltd. (2380.HK) surged on their Hong Kong Stock Exchange debut Friday, opening 14% higher than their initial public offering price.
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The fast-food retailer benefits from international sales.
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Shares of mainland telecom firm China Netcom Group Corp. (Hong Kong) Ltd. exceeded market expectations in their debut on the Hong Kong stock exchange Wednesday. It was Asia's biggest telecom listing so far this year.
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HONG KONG (Dow Jones)--China Mobile (Hong Kong) Ltd. (CHL), the listed unit of China&#39;s biggest cellular phone operator, posted Wednesday a 7.8% rise in first-half net profit on a 23% increase in its subscriber base.
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Strong overseas demand pushes IBM to a better-than-expected fourth quarter.
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The company impresses the Street with strong earnings, an optimistic outlook, and a toehold abroad.
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Hutchison Telecommunications International (HTIL) hopes to raise as much as HK$8.81 billion from a dual listing in Hong Kong and New York, parent Hutchison Whampoa said.
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The South Korean consumer electronics and appliances company swung to a profit on strong sales of appliances and premium mobile phones.
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HONG KONG : The mainland&#39;s China Power International Development Co. listed well above its initial public offering (IPO) price as investors sought to get into a key player in China&#39;s burgeoning power sector.
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SYDNEY (Dow Jones)--Chinese copper demand will remain strong for the foreseeable future despite the central bank&#39;s decision to raise interest rates for the first time in close to a decade, leading producers in the Asia Pacific region said Friday.
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The appliance maker's fourth-quarter profit soars on international sales.
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Toyota and Ford, two of the world's three largest auto makers, reported strong first-half sales in China's fast-growing market, where as relative newcomers they are competing to roll out new models to attract customers.
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NEW YORK/HONG KONG  - Chinese companies are  starting to pursue North American and European electronics and  consumer brands as their government pushes them to build global  sales forces for their low-cost products.
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HONG KONG - Hong Kong voters made a strong turnout Sunday in a hard-fought legislative election being closely watched by Beijing. As of 5:30 pm, turnout was 35.
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AIR CHINA will become the first new Chinese company in four years to trade on the London Stock Exchange today, in what exchange officials hope will be the beginning of a wave of listings from Hong Kong.
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HONG KONG China Mobile (Hong Kong), the world&#39;s largest cellphone operator by customers, said Wednesday that first-half profit rose 7.8 percent from a year earlier after the company won more new customers than China Unicom by offering cheaper services.
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Both IDC and Gartner reported worldwide shipments of PCs were up strongly in the second quarter, thanks to surge in demand in the Far East and surprisingly brisk sales in the US.