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Kingboard sells stake in Shenzhen property project after spending big on London office tower

2017-12-18 scmp
The Hong Kong company expects a profit of around US$269 million from sale of stake to its partner in the project, Shimao Property

Qatar Airways Buys Into Cathay Pacific

2017-11-06 aviationweek
Qatar Airways has purchased a stake of almost 10% in Cathay Pacific, as the Middle Eastern carrier looks to build its portfolio of airline investments. Qatar Airways bought 378.2 million Cathay Pacific shares from Kingboard Chemical Holdings Ltd., with the deal valued at 5.2 billion Hong Kong dollars ($661.6 million). The transaction closed Nov. 6. The deal gives Qatar Airways a 9.61% holding in its Oneworld Alliance partner Cathay.

Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific

2017-11-06 reuters
DUBAI/SINGAPORE (Reuters) - Qatar Airways said on Monday it had broadened its global reach with the acquisition of a 9.61 percent stake in Cathay Pacific Airways Ltd (0293.HK), complicating the Hong Kong carrier’s share registry and sparking a sharp fall in its share price. (5-0)

Cathay Pacific shares retreat in Hong Kong after Doha-based Qatar Airways acquires 9.6pc stake

2017-11-06 scmp
Cathay Pacific Airways dropped in Hong Kong after Qatar Airways agreed to buy a stake to become the Hong Kong-based carrier’s third biggest shareholder.

Qatar Buys a Chinese Ally Against Gulf Bullies - Bloomberg

2017-11-06 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)

Qatar Airways to Take Stake in Hong Kong’s Cathay Pacific - WSJ

2017-11-06 wsj
Qatar Airways Co. is buying a stake in Cathay Pacific Airways Ltd. for $661 million, the latest in a string of investments in global rivals by the Middle East carrier.

Qatar Airways buys 9.6% stake in Cathay Pacific

2017-11-06 thehindubusinessline
For Qatar Airways, its first major stake in an Asian airline will allow it to boost its global influence and potentially traffic through its Doha hub. (6-0)

Cathay Pacific shares down 4.7pc after Qatar Airways buys stake

2017-11-06 themalaymailonline
A passenger plane of Cathay Pacific Airways parks at the airport in Colomiers near Toulouse, France October 19, 2017. — Reuters picHONG KONG, Nov 6 — Shares of Cathay Pacific Airways dropped as much as 4.7 per cent today morning after Middle Eastern carrier Qatar Airways bought 9.6 per cent stake.

Qatar Airways to buy 9.6% stake in Cathay Pacific

2017-11-06 cnbc
Hong Kong's Kingboard Chemical Holdings on Monday said it had agreed to sell its 9.6 percent stake in Cathay Pacific Airways to Middle Eastern carrier Qatar Airways for HK$5.16 billion ($661 million). (3-0)

Hong Kong ETF (FHK) Hits 52-Week High

2017-08-10 zacks
Investors seeking momentum may have First Trust Hong Kong AlphaDEX Fund (FHK - Free Report) on radar now. The fund recently hit a 52-week high. Shares of FHK are up approximately 15.2% from the 52-week low of $31.82/share.

Kingboard urges Swire to intervene to revive Cathay Pacific: SCMP | Reuters

2017-07-31 reuters
HONG KONG (Reuters) - Kingboard Chemical Holdings Ltd, the third-largest shareholder in Cathay Pacific Airways Ltd, has called on the airline's founding Swire family to intervene to lead the carrier out of "hard times", the South China Morning Post reported on Monday.

Chinese capital pours into London offices as CC Land closes on Cheesegrater purchase

2017-03-01 scmp
A real estate company controlled by Chinese tycoon Cheung Chung-kiu confirmed it is seeking to buy the Leadenhall Building in London, the Square Mile’s tallesttower and known as the “Cheesegrater”.

Brexit no barrier for China’s growing interest in London property

2016-11-22 scmp
Chinese banks to finance first stage of new financial district coming up near City Airport in British capital

Brexit no barrier for China's new financial district plan in London

2016-11-18 theedgemarkets
LONDON (Nov 18): With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district in London?

Chinese Pile Into Bargain London Property on Post-Brexit Pound - Bloomberg

2016-11-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.