HONG KONG: BEFORE THE OPEN, 19Jun2013
June 19, 2013 Leave a comment
Plenty of company news this morning. Mengniu offers US$1.6bio for Yashili! Lenovo unveils new thinkpad. China Merchant expects 10% throughput growth and Chow Tai Fook misses earnings. Here’s what you need to know before the open.
1. Mengniu Offers (2319) $1.6 Billion to Buy Yashili (1230)
2. China Merchants (0144) expects throughput growth rate of 10% in 2013
3. Sing Tao News Corporation (1105) ends Metro acquisition talks
4. Lenovo (992) unveils 15-inch ThinkPad S531 Ultrabook
5. CHOW TAI FOOK (1929) MISSES EARNINGS
6. Hong Kong Expands Benchmark Rate-Manipulation Probe
7. Hong Kong’s jobless rate falls to 3.4 pct in March to May