Cosco may buy bulk carriers
2007-07-27 08:50:34
China Cosco Holdings suspended trading on the Shanghai and Hong Kong stock exchanges yesterday.Sources speculated that it will announce a share sale to help it buy its parent's dry-bulk shipping business.
Power play by Datang bonus for investors
2007-07-27 08:46:59
Datang International Power Generation Co, the biggest Hong Kong-listed Chinese electricity producer, plans to hand bonus shares to investors for the first time.
Air China profits surge 2,000%
2007-07-26 13:12:26
Air China on Wednesday said profits soared in the first half due to the strengthening Chinese currency, investment gains and a booming travel market.
Pudong Bank approved to form fund venture
2007-07-26 08:47:02
Shanghai Pudong Development Bank Co said it won approval from China's stock market regulator to start a fund venture with French insurer Axa SA.
Sinopec to start on gas line
2007-07-26 08:39:12
The planned pipeline to deliver natural gas from Sichuan to eastern China will start construction next month, an exclusive source from Sinopec said to China Daily yesterday.
Gas firm to buy Newbridge stake in unit
2007-07-25 12:48:29
Xinjiang Guanghui Industry Co said its shareholders had approved a plan to buy back a 24.99 percent stake in a natural gas subsidiary from U.S. investment firm Newbridge Capital.
Guangzhou Shipyard sees net up sharply
2007-07-25 09:00:27
Shipbuilder Guangzhou Shipyard International Co. said yesterday it expected a more than 450 percent jump in its net profit in the first half of this year compared with a year earlier.
CITIC Securities profit surged
2007-07-25 08:44:07
CITIC Securities, China's largest listed brokerage, said yesterday that its net profit in the first half of this year is expected to rise more than 5.5 times over the previous year.
Yangtze Power to sell corporate bonds
2007-07-24 11:24:57
China Yangtze Power Co plans to sell 8 billion yuan in corporate bonds domestically to buy generators, Caijing magazine said, without citing sources.
Locomotive seeks IPO next year
2007-07-24 11:21:09
China Southern Locomotive & Rolling Stock Industry plans to raise at least $2.5 billion in an initial public offering next year, the South China Morning Post reported.
Eastern Airlines to buy 10 A320s
2007-07-24 08:55:27
China Eastern Airlines Corp Ltd, the nation's third-largest carrier, yesterday announced that it will buy 10 Airbus A320 series aircraft to meet the increasing domestic demand.
Taiwan's Grace plans Shanghai IPO
2007-07-24 08:36:58
Taiwanese-invested electronics and plastics company Grace THW Group plans to list its epoxy business on the Shanghai stock market next year.