China oil giant to go public; PetroChina gears up for IPO as enterprise shedding its state ties

Article Abstract:

State enterprise PetroChina has announced its intention to go public in February 2000. The company's parent firm is China National Petroleum Corp. Petrochina intends to concentrate its interests in oil production and exploration, natural gas, refining and petrochemicals.

Crude Petroleum & Natural Gas, Brief Article, Natural gas, Securities, Gas industry, PetroChina

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Progress at PetroChina? Public oil firm aims to strike out on its own

Article Abstract:

PetroChina Southwest Oil and Gas Field Co., spun off from the state-owned China National Petroleum Corp., has raised $2.9 billion to embark on production and exploration of its oil fields and ensure that it is managed efficiently.

General services, Crude petroleum and natural gas, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Crude Petroleum, Management, PetroChina Company Ltd., China National Petroleum Corp.

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Beijing official says China is serious on financial cleanup: Guangdong is called a laboratory for efforts to avoid meltdowns plaguing neighbors

Article Abstract:

The government of China is exerting extra efforts to maintain the economic viability of the Guangdong province at the expense of foreign creditors' financial losses. An example of this is the capital infusion received by Guangdong Enterprise Holdings to maintain its solvency and enable it to perform loan payments. Guangdong Enterprise is the province's investment unit in Hong Kong and its collapse might trigger a collapse in Hong Kong's stock market.

Government regulation, Investment Offices, Investment Companies, Open-End Investment Funds, Economic aspects, Finance, Economic policy, Guangdong, China, Guangdong Enterprises (Holdings) Ltd.

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