The latest initial public offering on the Shanghai exchange was for China Shenhua Energy, one of the country’s biggest coal producers, which raised a record 66.58 billion yuan last week, wrote Colleen Ryan in The Australian Financial Review (4/10/2007, p.13). Read the rest of this entry »
Archive for the ‘Asia’ Category
Wall Street worried as China may prevent foreign investors from taking control of brokerages; central bank predicts economic growth of 11.6pc
Posted by electricityweek on October 5, 2007
Posted in Asia, Australia, China, Electricity, Finance, Mining, Regulation, Volume 4418 | Leave a Comment »
India, China fight for Australian coal; annual thermal $US65/tonne; spot to $US150
Posted by electricityweek on September 27, 2007
According to Andrew Trounson, The Australian, (22/9/2007), p. 34…coal remained the favourite cheap power source in Asia; • annual thermal coal prices rose 5 per cent last year to $US55 a tonne; but
• annual deals were done at up to $US65; and
• annual prices for high-quality hard coking coal doubled in 2005 to $US125 a tonne, but last year the market eased back to $US98 a tonne. Read the rest of this entry »
Posted in Asia, Coal, Electricity, Volume 4416 | Leave a Comment »
