Chinalco signs west China mining exploration deal

2007-11-30 15:01:51

Aluminum Corp of China will invest 500 million yuan in a five-year metal mining exploration project in Qinghai.

China Everbright agrees to capital injection plan

2007-11-28 15:29:50

China Everbright Bank have approved a capital injection from the government to sell equity stakes to strategic foreign investors.

CNOOC launches 1st offshore plant

2007-11-29 09:43:14

CNOOC, the nation's largest offshore oil producer, announced yesterday it had commenced operating the nation's first offshore wind power plant.

Store chain deal sealed

2007-11-28 10:14:00

Bright Dairy & Food Co Ltd has completed transfer of all of its 81 percent stakes in Shanghai Kedi Convenience Store.

BOC shares skid after Temasek stake sale

2007-11-27 14:48:13

Bank of China's shares slid 9.4% on Tuesday after Temasek Holdings shed a US$567 million stake amid market worries over the lender's exposure to the US subprime crisis.

New telecom deal signed

2007-11-27 09:52:40

France's Alcatel-Lucent yesterday signed a 750 million euro deal with China's two major cell phone operators.

Lenovo plans first Europe factory

2007-11-28 10:10:20

Computer maker Lenovo Group will set up a plant in Poland, its fifth new facility this year, as the Beijing-based firm tries to grow its business in Europe.

Huaneng fires up projects

2007-11-28 09:11:46

China Huaneng Group, the nation's largest electricity producer, has fired up coal and power projects worth 30 billion yuan (US$4.06 billion) in the Ningxia Hui Autonomous Region.

Citic Securities eyes HK listing

2007-11-26 16:26:32

CITIC Securities is considering listing in HK in the wake of its pioneering joint venture agreement with US investment bank Bear Stearns Co Inc.

China Railway sets A-share range

2007-11-21 10:44:32

China Railway announced yesterday it had set the price range of its A-share IPO at 4 yuan to 4.8 yuan apiece and had begun the offline subscription.

Ping An premiums reach 83b yuan by Oct

2007-11-21 11:27:46

China Ping An, one of the leading insurers in China, collected 83.2 billion yuan (US$11.2 billion) in premiums in the first 10 months of this year.

Smaller commercial banks report better performance

2007-11-24 11:23:15

China's city-level commercial banks recorded an average non-performing loan (NPL) ratio at four percent for this year, down form the 15.26 percent level at the end of 2003.