Shenzhen Development Bank profit up 319%

2007-03-22 14:16:26

Domestic-listed Shenzhen Development Bank reported its net profits up 319 percent to reach 1.3 billion yuan (US$167 million) last year.

Alumina price raised again

2007-03-22 09:36:54

Aluminum Corp of China Ltd raised its alumina spot price by 8.3 percent to 3,900 yuan (US$505) per ton.

Shares of Intime Department Store soar in solid HK debut

2007-03-22 09:34:13

Shares in retailer Intime Department Store rose 13.2 percent in their market debut in Hong Kong on March 20.

Vodafone to retain stake in China Mobile

2007-03-22 14:00:21

Vodafone Group Plc, the world's biggest mobile phone firm by revenue, does not intend to sell its stake in Hong Kong-listed China Mobile Ltd.

Jingkelong sees profit up

2007-03-22 13:48:23

Beijing Jingkelong Co, a Hong Kong-listed chain retailer, said its 2006 profit rose 33 percent as rising incomes spurred spending.

CNOOC expects listing nod this year

2007-03-22 09:20:06

China's top offshore oil company CNOOC is confident that once technical difficulties are overcome, it's possible for the red-chip firm to float A shares this year.

China Mobile sees profit surge

2007-03-22 09:09:50

China Mobile, the world's largest mobile phone operator by users, yesterday posted a 23 percent jump in net profit for 2006.

BOC to launch private banking services

2007-03-21 14:47:36

Bank of China (BOC) said yesterday that it would launch private banking services in cooperation with the Royal Bank of Scotland.

Vanke to sell shares

2007-03-21 10:57:22

China Vanke Co, the nation's largest publicly traded developer, plans to sell shares to fund 31 billion yuan worth of residential projects.

Hongyuan entitled first-tier securities firm

2007-03-20 16:48:34

The Securities Association of China (SAC) announced that Hongyuan Securities has received approval to enter the first-tier list of securities firms in China.

Carlyle reduces Xugong bid again

2007-03-20 13:28:46

US private equity firm Carlyle Group has again agreed to cut its offer for Xugong Group Construction Machinery Co Ltd.

PetroChina to dispose of stake

2007-03-20 11:42:45

PetroChina is to transfer its stake in an oil trading subsidiary through a connected transaction with its parent firm.