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How China Helps the Cuban Regime Stay Afloat and Shut Down Protests
dialogo-americas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dialogo-americas.com Daily Mail and Mail on Sunday newspapers.
How China Helps the Cuban Regime Stay Afloat and Shut Down Protests
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Stocks to Buy: 50 Picks With Surefire Returns in a Choppy Market
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Beijing Enterprises Holdings battled weakened sentiment around Chinese state-owned enterprises to sell a $700m dual tranche transaction on Wednesday. The company was able to price a successful deal, but only after overcoming recent fears about Chinese issuers. Morgan Davis reports.
China Gas Holdings to raise $1.5bn for expansion
Hong Kong-listed gas retailer China Gas Holdings will sell 392mn new shares worth HK$11.6bn ($1.5bn) to fund its expansion in China, it said on April 22 in a stock exchange filing.
The company plans to acquire new city gas projects in China, expand its LPG smart microgrid business and develop distributed heating operations. It will also use some portion of the funds for working capital needs.
“The company believes that the placing offers the company a good opportunity to raise equity for its business developments as well as to optimise its capital structure,” it said. “Further, the company believes that it will be able to enrich its shareholder base by attracting a number of high calibre investors to participate in the placing.”