CHINA PRESS: Shanghai Auto Plans $6B IPO In HK, New York
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BEIJING (Dow Jones)--Shanghai Automotive Industry Corp. (Group), one of China&#39;s three major state-run automakers, plans to go public in both Hong Kong and New York in January after a $6 billion initial public
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Hong Kong property firm Chinese  Estates Holdings Ltd. (0127.HK) is in talks with investors on a  possible buyout of the firm, valued at more than US$4 billion,  sending its shares up as much as 30 percent to a record high.
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October 28, 2004 6:46 PM GMT (Datamonitor) - Having been put up for sale earlier this year, Ssangyong is reportedly to be sold to the Shanghai Automotive Industry Corporation (SAIC).
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GM and Shanghai Automotive are jointly to develop and to commercialize hybrid and fuel-cell vehiclesâand the infrastructure required to support themâin China.
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HONG KONG Air China, the nation&#39;s biggest international carrier, has raised 8.36 billion Hong Kong dollars, or $1.08 billion, in an initial public offering after pricing its shares at the high end of a target range, bankers involved in the sale said
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China Mercants Bank made a strong debut Friday on Hong Kong's stock market as another Chinese lender &#151; the country's biggest commerical bank &#151; got ready to kick off what could be the world's largest initial public offering.
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The Japanese car giant is to build its Prius hybrid vehicle in China, to carve out a niche in the world's fastest-growing car market.
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China's top oil firm, PetroChina, is expected to raise more than $9bn (Â£4.88bn) for its listing on the Shanghai Stock Exchange.
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Air China, the country&#39;s largest airline, will raise HK$8.36 billion after pricing its Hong Kong and London initial public offering (IPO) at the high end of its price range, sources said.
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General Motors Corp. said Monday it will set up a $250 million alternative-fuel research center in Shanghai amid efforts by global automakers to produce commercially viable alternatives to gasoline engines.
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New fuel efficiency requirements  imposed by Congress will add, on average, $6,000 to the price  of GM vehicles sold in the United States, the automaker's vice  chairman and product chief said on Tuesday.
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China's PetroChina is looking to raise more than $5.5bn to fund foreign expansion by selling shares on the Shanghai stock market.
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The Chinese online human resources provider 51job Inc made its debut on the NASDAQ stock market in New York with an initial offering (IPO) price of US$14 per share yesterday, China Daily reported Thursday.
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SINGAPORE (Dow Jones)--The following is a list of initial public offerings (IPOs) set for northeast Asia, including Japan, Hong Kong, Taiwan, China and South Korea.
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The financial giant is in talks to sell a stake to a Chinese bank and other investors, people briefed on the plan said.
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American Axle & Manufacturing Holdings  Inc.  on Wednesday said it would offer buyouts or early  retirement to 6,000 U.S. United Auto Workers members because of  the struggles of North American automaker customers, sending  shares up more than 5 percent.
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Chinese car maker Geely Automobile   Holdings Ltd. 0175.HK is considering whether to make cars in   the United States, its chairman and founder said on Thursday.