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Headline News

World's costliest natural gas clouding China's quest for bluer skies

2017-07-05 worldoil
SINGAPORE (Bloomberg) -- China has promised to make its skies blue again, but having some of the world’s most-expensive natural gas isn’t helping.

China’s biggest gas distributor warns against including connection fee in return cap

2017-05-26 scmp
Beijing shouldn’t include customer connection fees in the calculation of a proposed cap on natural gas distribution returns or it will risk damaging industry development incentives, according to one of China’s largest gas distributors.

Annual Financial Report

2016-12-09 londonstockexchange
The Directors of JPMorgan Chinese Investment Trust plc announce the Company's results for the year ended 30th September 2016.

Chinese state fund lures Hermes into £11bn National Grid bid

Hermes joins a bid for National Grid’s gas pipelines unit amid closer Government scrutiny of foreign ownership, Sky News learns.

British-backed bid kicked out of £11bn National Grid gas auction

A British-backed consortium is out of the £11bn pipelines auction even as scrutiny of foreign ownership grows, Sky News learns.

China’s CR Gas to boost spending on gas projects after posting better than expected interim profit

2016-08-16 scmp
Towngas China net profit falls during first six months on lower gas prices despite higher sales

Hong Kong market set to open higher as oil prices and US stocks jump

2016-08-16 scmp
Hong Kong stock market is poised to open higher on Tuesday to follow the rally in US market and crude oil prices overnight, while investors are waiting for the announcement for the launch date of the Shenzhen Stock Connect.

Annual Financial Report

2016-06-22 londonstockexchange
I am pleased to report UEM recovered nearly all the losses suffered in the first six months of the financial year and ended the year to 31 March 2016 almost unchanged at 202.52p. Based on a total return to an ordinary shareholder who received one subscription share for every five shares held, the total return on basic NAV over the twelve months was positive at 1.4%. The diluted NAV per ordinary share total return was negative 0.

Chinese gas distributors pummelled by surprise Zhejiang price cap

2016-04-20 scmp
Shares of mainland Chinese natural gas distributors fell sharply on news that the Zheijiang provincial government had announced a price cut for wholesale gas price and imposed a ceiling on end-user gas prices as part of wider measures to cut corporate costs amid an economic downturn.

China Resources Transforms Customer Experience for 22 Million Users With Avaya Engagement Solutions

2016-04-11 marketwired
BEIJING, CHINA --(Marketwired - April 11, 2016) - Avaya, a global leader in business communications software, systems and services, announced today that China Resources Gas, one of the largest gas utilities groups in China, has deployed engagement solutions from Avaya to build a multi-channel contact center to transform the customer experience for 22 million users. The first phase of the project covering more than 70 member companies is already operational, with the system scheduled to go into full operation next year for the headquarters and almost 200 member companies.