BRIEF: Majority shareholder boosts stake in China Hongqiao
Aluminum producer China Hongqiao Group Ltd. (1378.HK) said on Monday that 21 million of its shares were purchased that day by its parent, China Hongqiao Holdings, for an average price of HK$26.464, representing a…
BRIEF: Hongqiao raises $1.47 billion via share sale at 10% discount
Aluminum producer China Hongqiao Group Ltd. (1378.HK) said on Monday it sold 400 million shares in a top-up placement, representing approximately 4.03% of its enlarged share capital after the sale.…
BRIEF: Chuangxin Industries launches $700 million IPO
Electrolytic aluminum producer Chuangxin Industries Holdings Ltd. (2788.HK) launched its Hong Kong IPO on Friday, aiming to raise HK$5.5 billion ($708 million) by selling 500 million shares for between HK$10.18…
BRIEF: China Hongqiao profit nearly doubles in 2024
Aluminum maker China Hongqiao Group Ltd. (1378.HK) said it expects to report that its net profit for 2024 increased about 95% on higher aluminum prices, according to a positive profit…
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