Alfred Cang

China firms merge to become top steel producer

Mineweb - Daily news headlines (Free subscription) | 30/12/2008

LARGE STEEL MILLS TO MERGE China firms merge to become top steel producerChina's leading steel mills are ready to combine forces to become te top steel producer in order to increase global competitiveness.Author: By Alfred Cang and Fang YanChina's three leading steel mills agreed on Tuesday to merge into one entity via share swaps which will create the country's largest listed steelmaker...

ArcelorMittal to pay $217 mln for Valin placement

Reuters UK (Free subscription) | 19/12/2008

... increased nearly 2 percent to 5.10 yuan in Friday's morning session.($1=6.834 Yuan) (Reporting by Alfred Cang, Editing by Jacqueline Wong)

UPDATE 1-China agency Huijin boosts holding of CCB A-shares

Reuters UK (Free subscription) | 03/12/2008

... to increase its stakes in the lenders over the following 12 months. (Reporting by Samuel Shen and Alfred Cang; Editing by Edmund Klamann)

• China stocks rise on government fund's investment in bank, pushing up financials - Star Tribune