PC maker will float new shares in South Korea

2007-06-11 09:35:16

Founder Technology Group plans to float shares on the South Korean stock market by the end of this year, the Oriental Morning Post reported on Friday, citing company sources.

Citic Bank sees gold in credit card business

2007-06-08 14:15:39

China Citic Bank plans to more than triple its credit cards by 2010 as a result of consumers' growing demand for plastic.

Haihua will own majority in Carlyle Venture

2007-06-08 15:52:57

Shangdong Haihua Co said its parent Shandong Haihua Group will own the majority stake in a venture with Carlyle Group, Bloomberg reported today.

China's bank wins FT Sustainable award

2007-06-08 13:20:46

China's Industrial Bank emerged as runner-up in the Sustainable Deal of the Year category at the Financial Times Sustainable Banking Awards ceremony.

Valin Steel is to invest steel plants

2007-06-08 09:38:00

Hunan Valin Steel Tube & Wire Co, partly owned by the world's biggest steel producer Arcelor Mittal, will invest about 1.7 billion yuan building roads and steel plants.

Holders approve China Oilfield's share sale

2007-06-07 16:34:57

China Oilfield said its shareholders approved a plan to sell as many as 820 million new shares to raise funds for expansion.

Steel firms' profits forecast to slow down

2007-06-07 09:02:02

Profit growth in China's steel sector, the biggest in the world, is forecast to slow sharply this year after a blistering pace in the first quarter.

CITIC Securities plans share offer

2007-06-06 10:49:40

CITIC Securities Co, the most profitable brokerage in China, plans to sell 350 million new shares for finance expansion, according to Bloomberg News.

ICBC reclaims banking crown

2007-06-06 08:35:42

Following its successful IPO in October, the Industrial and Commercial Bank of China has reclaimed first spot in Top 100 Chinese Banks.

BOC plans to launch new QDII fund

2007-06-06 13:50:30

Bank of Communications plans to launch a fund under the QDII program to raise more than $400 million.

China Resources buys Xingtai Power share

2007-06-06 10:56:28

China Resources Power Holdings Co. will buy 44.7 percent of Xingtai Power Generation Ltd for 530 million yuan.

Private banking set to take off in China

2007-06-06 09:37:17

The private banking service targeting high-net-worth individuals is a promising market for banks in China.