Money 

Chinese firm offers to sell stake in Airbus’ hometown Toulouse-Blagnac airport while Xi heads to France to drum up investments

An aerial view of the Toulouse-Blagnac airport in southern France, the country’s third-largest airfield and the hometown airport used by Airbus and ATR to test their aircraft. Chinese company, which bought 49.99 per cent of the airport in 2014, is putting the stake up for sale. Photo: SCMP/Handout Source link

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Vietnam 

ACB may sell treasury shares to raise capital: HSC – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Asia Joint Stock Commercial Bank (ACB) plans to propose shareholders approve its plan to sell 41.4 million treasury shares to raise charter capital. — Photo ACB Viet Nam News HÀ NỘI — Asia Joint Stock Commercial Bank (ACB) plans to sell treasury shares to raise charter capital in 2019. According to the bank’s financial report 2018, there are 41.42 million treasury shares at present. HCM City Securities Corp (HSC) said in a recent note that the bank will likely sell those treasury shares to improve its…

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Vietnam 

Alibaba ties up with Fado to sell Vietnamese goods globally – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The agreement signing ceremony between China’s Alibaba.com and Fado.vn was held in HCM City. — VNS Photo Hoàng Nam Viet Nam News HCM CITY – Small and medium-sized enterprises in Vietnamese can export their products all over the world through the online market at http://alibaba.fado.vn. “Cross-border e-commerce is the global trend now and it will give a chance to SMEs, which [usually] do not have professional staff or experience to export,” Nguyễn Quang Huy, deputy head of the Ministry of Industry and Trade’s office in the south, told the…

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Vietnam 

Vingroup to sell 250 million private shares – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vincom Centre Nguyễn Chí Thanh commercial centre, run by Vingroup. The firm plans to raise VNĐ25 trillion (US$1.07 billion) this year by issuing 250 million private shares to foreign investors. — Photo tieudungplus.vn Viet Nam News HÀ NỘI — Real estate-retail-technology giant Vingroup plans to sell 250 million private shares to a maximum of five foreign investors in the remaining months of the year. The selling price is set at a minimum of VNĐ100,000 (US$4.30) per share, valuing the deal at least at VNĐ25 trillion ($1.07 billion). …

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Vietnam 

Yeah1 to sell US-based unit – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Media group Yeah1 will sell its entire stake in the US-based ScaleLab LLC following an incident with YouTube. The move was to “protect the investment capital and maximise the interests of investors,” Yeah1 said in its statement sent to the Hồ Chí Minh Stock Exchange (HoSE) late Friday. Yeah1 is listing nearly 31.28 million shares on HoSE with the code YEG. The company shares hit the daily declining limit of 7 per cent in all five trading sessions of last week…

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Vietnam 

Vietcombank to sell Vietnam Airlines shares – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietcombank has put 2.3 million shares it owns in the national carrier Vietnam Airlines up for sale via order-matching transactions on the stock market. — VNA/VNS Photo Đỗ Sinh Viet Nam News HÀ NỘI — The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns of the national carrier Vietnam Airlines. The deal will be carried out via order-matching transactions on the stock market between March 12 and April 4 so that the bank is able…

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Home 

MTR to sell choice lot at Hong Kong’s gargantuan Lohas Park by end of month

Rail operator MTR will soon put up for sale a prized lot in what eventually will be Hong Kong’s largest residential estate, likely setting off a bidding war as land for private development hits a 10-year low.The lot – to go up for sale by the end of the month – is at phase 11 of the gargantuan Lohas Park. When completed in 2025, Lohas Park will become Hong Kong’s largest residential community, with 58,000 residents in 21,500 units.The Tseung Kwan O development in the New Territories is being… Source…

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Singapore 

What happens if you want to sell a HDB flat that you co-own with another person, Singapore News

Buying a HDB flat is a significant financial responsibility. In Singapore, it’s common for HDB flats to be bought and owned by more than one owner. This is because many of us buy an HDB flat with our loved ones – be it our spouse, parents, children or siblings. We can even buy it with other singles whom we are not related to once we turn 35. However, circumstances may change after buying the HDB flat. You may get into a disagreement with your co-owner(s) about decisions relating to the…

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Home 

Embattled Chinese conglomerate HNA to sell its Hong Kong-listed construction unit to Times Holdings for US$890 million

China’s beleaguered HNA Group said it is selling its majority stake in its Hong Kong-listed property and construction unit to Times Holdings for HK$7 billion (US$890 million), as part of an ongoing effort to cut its debt and stay afloat.In a filing to the Hong Kong stock exchange on Friday night, Hong Kong International Construction Investment Management Group, the subsidiary, said it had entered an agreement in which Times Holdings had conditionally agreed to buy 69.54 per cent of the issued… Source link

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China’s world-beating rally has alarm bells ringing as brokerages say to sell several hot stocks

Alarms were sounded on the world’s best-performing equity market this year, as Chinese brokerages started to turn bearish on some of the hottest stocks by issuing rare sell ratings.Huatai Securities cut to sell its recommendation on CSC Financial, the best performer on the CSI 300 Index this year, in a report dated Friday, citing valuations that far outpace growth prospects and are much pricier than peers.Just a day earlier, Citic Securities, the nation’s biggest listed brokerage, recommended… Source link

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