CITIC Bank goes public on Shanghai exchange

2007-04-27 10:05:19

Shares in China CITIC Bank soared 58.79 percent above their initial public offering (IPO) price when they debuted on the Shanghai stock market on Friday.

Shenzhen Development Bank net profit surges 129% in 1st quarter

2007-04-27 13:52:30

Shenzhen Development Bank said its net profit for the first quarter to March rose 129 percent year-on-year to 535 million yuan.

CIMC profit up in 1st quarter

2007-04-27 09:16:04

China International Marine Containers (Group) Co said net profit for the first quarter jumped 11.81 percent from a year earlier.

More oil, gas finds likely at Bohai

2007-04-27 09:05:29

CNOOC Ltd expects to discover "a cluster of quality oil and gas fields" at Bohai Bay.

Molybdenum a hit in HK

2007-04-27 09:03:07

Shares of China Molybdenum surged 60 percent on its trading debut in Hong Kong yesterday, making it one of the largest first-day gainers of the year.

ICBC's profits soar 52% in 1st quarter

2007-04-26 09:22:20

The Industrial and Commercial Bank of China (ICBC) said its after-tax profits in the first quarter rose 51.6 percent year-on-year to 18.9 billion yuan (US$2.42 billion).

China Mobile ranks 5th of top global brands

2007-04-26 09:27:51

China Mobile has leaped ahead of household names such as Marlboro and Wal-Mart to rank fifth in an influential annual ranking of the world's top brands.

Wumart on the rise

2007-04-26 09:11:03

Wumart Stores Inc, Beijing's largest supermarket chain, said first-quarter profit jumped 25 percent as rising incomes spurred consumption.

BoCom attracts record IPO subscriptions

2007-04-26 16:57:23

Bank of Communications (BoCom) attracted a record 1.455 trillion yuan (US$189 billion) in subscriptions for its initial public offering (IPO)..

Hongyuan Securities net profit rises sharply in 1st quarter

2007-04-26 17:16:46

Hongyuan Securities Co Ltd said its net profit for the first three months of 2007 surged to 309.66 million yuan (US$40.11 million) from 7.4 million yuan a year earlier.

Listed companies' profits soar in 1st quarter

2007-04-25 13:27:52

A total of 381 Chinese listed companies had filed their quarterly reports by April 23, posting an 85-percent rise in profits for the first quarter.

COSCO Shipping reports 31% profit rise in 1st quarter

2007-04-25 13:42:35

COSCO Shipping Co said first-quarter profit rose 31 percent as it charged more to carry coal, steel and other dry-bulk cargoes.