(ShareCast News) - Shares in China New Energy dived almost a quarter as the AIM-quoted outfit raised £750,000, primarily to accelerate its field work in Africa and meet early project milestones. The hike, via a subscription of 37.5m shares at 2p each, would also place China New Energy favourably for
Read moreBy Alasdair Pal and Patrick Graham LONDON, May 23 (Reuters) - Almost two-thirds of the advisory firms who assist in stock exchange listings in London say they are struggling to guide Chinese firms through the process, a survey showed, in the latest sign of problems with such initial public
Read more(ShareCast News) - China New Energy noted the jump in its share price on Friday and said its prospective partner, Sunbird Bioenergy Africa Limited is edging closer to getting the necessary approvals to begin a project in Zambia. The company said Sunbird has been advised by the Zambia Development Age
Read more(ShareCast News) - AIM-listed engineering and technology solutions provider China New Energy has inked its first deal in North America and raised £200,000 via a share subscription. The company said it has signed a CAD$3m contract with BioNeutra North America Inc to design, manufacture and install a
Read more(ShareCast News) - China New Energy said no further developments have been made on its non-binding memorandum of understanding with Sunbird Bioenergy Africa. Meanwhile, the London-listed said it expected to reach an agreement over the design and construction of a 120m litre cassava to bioethanol pla
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