Baosteel, Handan Steel to open JV plant
2007-05-11 09:20:59
Baosteel Group, China's largest iron and steel maker, yesterday signed a contract with Handan Iron & Steel Group for a 19.37 billion yuan joint venture plant.
Datang telecom under fire
2007-05-11 09:14:48
The Shanghai Stock Exchange has publicly condemned Datang Telecom Technology Co Ltd over information disclosure.
Danone strikes back at Wahaha
2007-05-10 09:09:43
French food giant Groupe Danone SA took legal action against Wahaha yesterday, accusing its Chinese partner of violating a joint venture contract by illegally using the Wahaha brand name.
Shenzhen Development Bank posts 129% net profit growth in 1st quarter
2007-05-09 15:27:44
Shenzhen Development Bank, one of China's 10 listed commercial banks, reported net profits up 129 percent to 535 million yuan (US$70 million) in the first quarter.
ICBC in cooperation with Travelex
2007-05-09 10:10:41
The Industrial and Commercial Bank of China (ICBC), reported by the South China Morning Post to be in talks to buy airport currency exchange operator Travelex.
Repairing relations best choice for venture
2007-05-08 09:43:33
French food giant Danone wanted to find a way into China's vast market. It needed a partner that understood the local business.
Listed companies post massive profit jump for 1st quarter
2007-05-08 09:12:42
Most listed companies have posted a big jump in their net profit growth in the first quarter of 2007, greatly surpassing their performance in 2006.
Listed companies double profits in 1st quarter
2007-04-30 09:43:22
Of the 1,028 Chinese listed companies that have so far filed quarterly fiscal statements, 941 have reported average profit increases of more than 100 percent.
Hangxiao Steel Structure probed for illegal disclosure
2007-04-28 14:05:46
The China Securities Regulatory Commission (CSRC) has confirmed that Hangxiao Steel Structure Co Ltd, a Shanghai-listed construction firm, is involved in a case of illegal information disclosure.
BOC's profits surge nearly 40% in 1st quarter
2007-04-28 13:35:18
Bank of China (BOC) said on Friday its before-tax profits rose 37.6 percent to 24.25 billion yuan (US$3.15 billion) in the first quarter.
CITIC Bank A shares surge on debut
2007-04-28 08:44:35
Chen said CITIC Bank will strengthen its business focus on corporate banking, and rectify deficiencies in other areas, including retail banking.
Merchants Bank net profit up in 1st quarter
2007-04-27 15:25:44
China Merchants Bank Co Ltd said its first quarter net profit grew to 2.46 billion yuan (US$318 million) from 1.43 billion yuan a year earlier.