The recovery of the Nasdaq yesterday, fails to revive the fortunes of the Nikkei, which closed the meeting today at an altitude of 16,502 points, with a fall of 0.43%. Better fate it is up to Hong Kong, which is still open, rose 1, 27% and the Hang Seng Index stood at 17,598 points.
The Chinese telecommunications giant China Unicom, according to market share in China, is preparing to debut in June, the stock exchange on Wall Street and Hong Kong. The stock collocamneto cover 2.549 billion new shares to be issued at a price of between 11.5 and $ 14.5 in Hong Kong. The transaction will allow the market to collect an amount close to 4.5 billion dollars. That of China Unicom is one of the largest share placements of soicetà Chinese stock market.
After the slip yesterday, closing positive for the Japanese stock market has gained 0, 62% at 17,142 points. Even the Stock Exchange of Hong Kong at this moment is positive and represents a rise dell’0, 37% at 17,514 points.
The Permasteelisa Group, a leading global players in the design, manufacture and installation of architectural envelopes, won an order for a tower of 42 floors and 216 feet tall at the center of Tokyo. With this contract Permasteelisa has exceeded the 500 billion lire works acquired during the year. So a few days after the conclusion of a prestigious contract in Hong Kong, where he will conduct a tower of 420 feet (88 floors), the highest ever achieved by the Group, Permasteelisa adds another important link to its globalization project. The order for a tower of 42 floors and 216 feet tall at the center of Tokyo (the project will be developed in the Shidome with the provisional name of AM Tower) is the first major contract awarded to a foreign company to curtain wall in one country, Japan, which, although with strong domestic producers, is opening up to foreign industries. The amount of work is about 30 million U.S. dollars and allows the Group, in early July, the company reached over 500 billion lire works acquired during the year. Permasteelisa has already established a local company, Permasteelisa Japan, with its own design team, and in the coming months includes the opening of a production unit of support.
The British banking group Standard Chartered closed the year 2001 with a pre-tax profit of 1.148 billion dollars against 1.438 billion earned a year earlier. Provisions for credit risks have increased to 731 million dollars (from 470 million in 2000). Analysts expected a profit of between 1.25 and 1.4 billion dollars. Dividend distributed to shareholders will be 41.92 cents, up from 38.105 cents a year ago. The bank, which operates mainly in Asia, has confirmed its intentions to go public even the Stock Exchange of Hong Kong, although this will not happen in the first half of 2002. Title Standard Chartered is traded in London at 745 pence, up 1, 5%.
The Nikkei started the eighth in a positive way, ending the session today to share 11275th points, with a rise of 0.97% in the wake of the excellent previous Friday on Wall Street. Also rising in the Hong Kong Stock Exchange, with the Hang Seng index, which marks a progression to 0.97% at 11218th points.