Business / Corporate Reports

Huarong earnings top 10b yuan in Q3

[2013-10-23 09:47]

China's largest asset management corporation, China Huarong Asset Management reported profits of 10.32 billion yuan in the first three quarters.

China Overseas Land Q3 profit up 3%

[2013-10-22 14:37]

China Overseas Land & Investment Ltd, the country's largest property developer by market value, posted a 3 percent rise in third-quarter operating profit.

China Mobile profit disappoints

[2013-10-22 09:26]

China Mobile Ltd missed expectations on Monday with a nearly 9 percent drop in third-quarter net profit.

Profits at China's SOEs rise 10.5%

[2013-10-19 09:40]

China's SOEs pocketed 1.77 trillion yuan ($287.7 billion) of profits in the first three quarters of 2013, an increase of 10.5 percent year-on-year.

GD Power net profit surges 110%

[2013-10-19 16:54]

GD Power Development Co, a subsidiary of China's power giant China Guodian Corp, said that its net profit jumped 110.21 percent year-on-year.

Brewing up ever more sales of ales

[2013-10-17 07:12]

Anheuser-Busch InBev, the Belgian beer giant that manages a portfolio of well over 200 beer brands and has been expanding its beer empire in China aggressively.

Haima PV sales increase 8.58% in Sept

[2013-10-16 13:55]

Haima sales in September totaled 14,503 passenger vehicles (including microvans) with an increase of 8.58 percent year-on-year.

JAC sales down 5.47% in Sept

[2013-10-16 13:55]

JAC sales in September 2013 dropped 5.47 percent year-on-year to 38,900 vehicles, according to company new release.

GM sets September sales record in China

[2013-10-11 09:58]

General Motors Co and its joint ventures sold 277,647 vehicles in China last month, up 13.7 percent year on year and setting a record for September sales.

General Motors sales up 13.7% in Sept in China

[2013-10-16 10:18]

General Motors and its joint venture sales in September reached 277,647 units, up 13.7 percent year-on-year, according to the company news release.

SAIC Group sales in Sept increase 15.9%

[2013-10-16 10:16]

Sales of SAIC Group in September reached 456,675 vehicles with an increase of 15.9 percent on a yearly basis, according to the company news release.

Great Wall sales raise 17% in Sept

[2013-10-16 10:15]

Great Wall Motor sales in September rose 17 percent on a yearly basis to 66,079 units, according to the company news release.

GAC Group sales in Sept up 90.7%

[2013-10-16 08:51]

GAC Group production and sales in September came up to 92,368 and 94,826 units, up 74.9 and 90.7 percent year-on-year.

Chinese listed companies foresee fatter profits in Q3

[2013-09-23 13:30]

About 60 percent of China's listed companies expect their profits to rise in the third quarter due to cyclical recovery and fast growth of emerging industries.

IBM's big data analytics center opens in SW China

[2013-09-17 11:16]

IBM's first Big Data Analytics Competitiveness Center in greater China officially opened in southwest China's Sichuan Province, local authorities announced on Monday.

Alibaba launches mobile chat app

[2013-09-24 06:40]

China's market for mobile chat applications has never been so crowded especially after Alibaba officially launched of its first social networking app.

Tencent buys 36.5% holding in Sogou

[2013-09-17 07:24]

Internet giant Tencent Holdings Ltd bought a stake of 36.5 percent in the Sogou, China's third-largest search engine, for $448 million plus other assets.

Nation's aircraft fleet set to triple: Boeing

[2013-09-06 07:18]

China's civil aviation fleet will triple to 6,450 aircraft over the next two decades, and Chinese airlines will grow faster in the international market.

Volvo car sales up 5% in Aug, Chinese sales up 66%

[2013-09-05 17:01]

Volvo Car Corp said on Wednesday it sold 26,998 cars in August, a five percent increase over the same period a year ago, citing strong growth in China.

Bank of America finally exits CCB

[2013-09-05 07:23]

The sale of a stake in China Construction Bank Co Ltd held by Bank of America Corp was prompted by the latter's capital shortage.

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