News: CITIC Pacific Ltd (0267.HK)

0267.HK on Hong Kong Stock

9.32HKD
23 May 2013
Price Change (% chg)

HK$-0.38 (-3.92%)
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HK$9.70
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HK$9.72
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Tue, Apr 23 2013

CORRECTED-CITIC Pacific Australia iron exports face new delay, court fight looms

(Corrects CITIC interpretation of royalty scheme in paragraph 5 to when ore passes the primary crusher, not when exported)

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CITIC Pacific Australia iron exports face new delay, court fight looms

SYDNEY, April 22 - China's CITIC Pacific is delaying completion of its $8 billion Sino Iron project in Australia until late May because of engineering problems, the latest in a series of setbacks to plague China's single-largest foreign mining investment.

New Issue-Citic Pacific prices $500 mln 2020 bond

Mar 27 -Following are terms and conditions of a bond priced on Wednesday. Borrower Citic Pacific Ltd Issue Amount $500 million Maturity Date April 10, 2020 Coupon 6.375 pct Issue price Par Reoffer price Par Payment Date April 10, 2013 Lead Manager(s) HSBC, UBS & Citic Ratings Ba1 (Moody's) L

Hong Kong, China shares trim weekly gains after weaker data

* Chinese insurers sink after China Life's profit warning

CITIC Pacific says 2012 net profit down 25 pct at HK$7 bln

Feb 28 - For a full statement on the results of CITIC Pacific Ltd, which engages in investment holding, infrastructure, airline operations, motor distribution and servicing, trading, warehousing and distribution, property investment and telecommunications, please click on: http://www.hkexnews.hk/listedco/listconews/sehk/2013/0228/LTN20130228170.pdf (Reporting by Raymond Leung in HONG KONG; Editing by Anne Marie Roantree)

TABLE-Australia iron ore output targets: majors vs minnows

Jan 21 - Following are production forecasts in 2016 from the major global iron ore miners and Australia's smaller iron ore miners and aspiring producers. For related story, click Majors Production Forecast mln tonnes prodn mt 2011 2016 Rio Tinto 192 360 BHP 154 240 Fortescue 54 155 TOTAL

China shares ease after rally, Hong Kong edges up

* CSI300 slips 0.5 percent, Shanghai Comp down 0.4 percent

TEXT-S&P:Issue rating on CITIC Pacific notes unaffected

(The following statement was released by the rating agency)

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