More than half of firms see profits drop in 2012
[2013-01-09 09:28]More than half of listed companies on the Chinese mainland are forecast to see their annual profits decline because of lower economic activity in 2012.
Yum! Brands sales in China hit by govt probe
[2013-01-09 09:21]KFC owner said fourth-quarter same-store sales fell more than projected in China as demand was hit by a government probe into chicken suppliers.
Vanke's sales hit 141.2b yuan last year
[2013-01-08 15:46]The country's largest real estate developer said its sales last year reached 141.2 billion yuan ($22.7 billion), up 16.2 percent year-on-year.
China's top gold producer's sales up 27% in 2012
[2013-01-07 17:05]China National Gold Group Corp said Monday that its sales reached 100.6 billion yuan in 2012, up 27.1 percent from 2011.
360buy splits group buying business
[2013-01-07 17:00]China's second-largest business-to-customer e-commerce website by revenue, 360buy.com, said it will spin off the group buying business into a separate business unit.
Huawei expects net profit to increase 30% in 2012
[2013-01-07 15:54]Huawei, China's largest maker of telecom equipment, expects a net profit of $2.4 billion in 2012, up about 30 percent from a year earlier.
SPD Bank profits rise 25%
[2013-01-05 16:10]Shanghai Pudong Development Bank saw its profits reach 34.16 billion yuan ($5.43 billion) last year, a preliminary financial report showed.
Chinese companies to invest $11.2b in Cambodia
[2013-01-04 16:51]Cambodia Iron and Steel Mining Industry Group and China Railway Major Bridge Engineering Group signed a Memorandum of Understanding on Monday to build a railway and a seaport in Cambodia, Xinhua News Agency reported.
Geely's exports surged 164% in 2012
[2013-01-04 15:51]China's privately owned automaker Zhejiang Geely Holding Group Co said on Friday that its exports surged 164 percent year-on-year in 2012.
Hyundai Motor sets 2013 sales target
[2013-01-02 16:04]Hyundai Motor Group set its 2013 sales target at 7.41 million vehicles to strengthen its status as one of leading global automakers, head of the group said.
