News Headline Summary

Pre-market Greater China stock news...

Magic Holdings (1633 HK)
- L O’real agrees to buy Co. for about HKD 6.54bln in cash at HKD 6.30 per share, a premium of 25% of over the last close of HKD 5.05. (Newswires)

Milk Producers
- China drafts plan to consolidate milk powder companies. (China Securities Journal)

Lenovo (992 HK)
- Co. won’t comment on possible BlackBerry purchase. (CNBC)

Chinalco mining (3668 HK)
- Co. is said to study bidding for Glencore’s (805 HK) Bambas mine. (Newswires)

China Merchants Bank (3969 HK)
- Co. wins CSRC approval for USD 5.7bln shares sale. (Newswires)

China Mobile (941 HK)
- Co. says it has 15 handsets ready for 4G and that talks with Apple continue. (Newswires)

Cnooc (883 HK)
- NDRC approves Co.’s LNG project in Tianjin. (Xinhua)

Tianjin port (600717 CH)
- H1 net CNY 569.6mln, +6% Y/Y. (Newswires)

16 Aug 2013 - 01:39 - Equities - Source: Newswires

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