国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

   

Report: China fund may eye BHP Billiton

(Agencies)
Updated: 2007-06-08 10:26

A Chinese government investment fund might eventually make a bid for mining and drilling company BHP Billiton to address the country's commodities concerns, said an analyst cited in an Australian newspaper.

Shares of BHP Billiton trade in two stocks. US shares of Melbourne-based BHP Billiton Ltd. rose 90 cents to US$55.40, while American Depositary Shares of London-based BHP Billiton PLC rose 32 cents to US$51.15 in afternoon trading. Both equities trade on the New York Stock Exchange.

The company operates as a single entity and produces crude oil, natural gas, iron ore, coal, steel, aluminum, diamonds and more. Chinese demand for commodities has drive prices up recently, as the country's booming economy continues to expand.

The recently formed US$237 billion Chinese State Investment Co., which aims to invest overseas, has already spent US$3 billion for a 10 percent stake in private equity firm Blackstone, according to an article on Australia's Herald Sun Web site.

The stake will give the Chinese group a way to learn how to make private equity takeovers, Bell Potter research chief Peter Quinton said in the article. And an upcoming target of any newly acquired expertise could be BHP Billiton, the article said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours