Hong Kong & China Gas (Towngas) may take part in operating four liquefied natural gas (LNG) terminals in the Mainland, entailing an initial investment of 1.2 billion yuan (150 million US dollars), The Standard reported.

The Asian Development Bank will acquire a 4.88 percent of China Gas Holdings Ltd. for about $25 million and will provide loans of as much as 125 million US dollars to China Gas to help increase the use of cleaner natural gas in China, said the company in a statement.

China Gas Holdings, a Hong Kong-listed piped-gas distributor in the Mainland, aims to triple its sales of piped natural gas to 500 million cubic meters this year, as demand from industrial users continues to grow, The Standard reported.

The new government regulation on forbidding office usage of residential building is a double-edged sword that may not be helpful in curbing property prices, Economic Information daily reported.