China Merchants Bank estimates 2007 profit up 110%

2008-01-08 14:31:33

China Merchants Bank's 2007 net profit soared 110 percent year-on-year to about 14.9 billion yuan, the bank said on Tuesday.

China Eastern worries over vote

2008-01-08 12:10:20

In a rare movement, China Eastern Airlines said it foresaw "a gloomy results from a vote on the proposed sale of shares to Singapore Airlines and Temasek."

Oil producer closes in on small plants

2008-01-08 11:31:08

China National Offshore Oil Corp plans to buy small refineries in Shandong province to expand its oil processing business.

China Life shares unlocked

2008-01-08 11:34:20

China Life Insurance Co said 600 million additional shares would be available for public trading in Shanghai on January 9.

CNAC offers higher price for Eastern

2008-01-07 08:40:02

China National Aviation Corp plans to a make a counter offer of HK$5 per share for Eastern if shareholders reject a Singaporean deal.

Steel maker quits blast furnace for Olympics

2008-01-06 10:45:18

Beijing Shougang Group put out the fire in one of its four blast furnaces, as part of its pledge to cut its normal output by half during the Olympics.

Ping An plans JV with UOB

2008-01-04 09:07:09

Ping An Securities, the securities arm of Ping An (Group) Co, is planning a joint venture fund management company with Singapore-based UOB Asset Management.

Shanghai Auto to buy diesel engine maker

2008-01-04 08:53:50

Shanghai Automotive Industry Corp said yesterday it will buy 50.32 percent of Shanghai Diesel Engine Corp, a subsidiary of Shanghai Electric.

Minsheng gets go-ahead for fund venture

2008-01-04 09:17:15

Minsheng Banking Corp said yesterday it's been approved to set up a fund management company with Royal Bank of Canada and Three Gorges Financial Co.

Eastern maintains resolve against CNAHC

2008-01-03 15:05:00

China Eastern Airlines said today that a query by China National Aviation Holding Corp for Eastern's sales deal with Singapore Airlines is "lacking in objectivity."

China Eastern waits for shareholders on Singapore Air deal

2008-01-02 18:15:05

China Eastern Airlines said today that the proposed plan for a share sale to Singapore Airlines Ltd will remain unchanged until the shareholders' meeting next Tuesday.

Sinopec deals to boost sales

2008-01-02 09:59:28

Sinopec Corp will acquire equity interests in three oil refineries and 63 petrol stations from its parent Sinopec Group to boost refined oil sales.