Two China New Energy Firms Eye $2 Billion in HK IPOsChina Huaneng Group Corp and Datang Corp, the country’s top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could raise over $2 billion, sources close to the deals said on Tuesday, reported Reuters.
The deals are unfolding as China aggressively develops its renewable energy sector and the [...]
AU Says must Replace Western Partners with ChinaThe African Union said on Saturday Africa must turn ever more to China for its development because conditions and checks often stalled the flow of funds from Western nations and the World Bank, reported Friday’s Reuters.
Maxwell Mkwezalamba, the AU’s economic chief, said Africa must end its reliance on Western money.
« We need to diversify our partners [...]
China’s Yuguang Says Kimberley Investment ApprovedYuguang Gold and Lead, a Chinese maker of nonferrous and precious metal products, said on Wednesday that it had won Australian government approval to invest in the country’s Kimberley Metals Ltd, reported Reuters.
Yuguang said in April that it planned to buy a 15 percent stake in Kimberley and would pay A$5 million ($4.4 million) for [...]
A rotary hammer is a kind of hammer drill which allows a user to bore holes in various masonry works without burning the bits being bored. Rotary hammers are able to deliver a heavier hammering action which is how hammer drills bore holes in masonry works. Rotary hammers are often equipped with a chisel only feature. This feature provides rotary hammers the ability to do light chiseling work as well as masonry removal.
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