Minsheng gets greenlight to buy into UCBH
2008-03-02 09:41:46
China Minsheng Banking Corp announced on Saturday that the China Banking Regulatory Commission had approved its proposal to buy 4.9 percent of the US-based UCBH Holdings.
Fuyao issue plan out the window
2008-03-01 10:13:02
Shares in Fuyao Group Glass Industries Co, China's largest automotive glassmaker, surged 5.59 percent on Friday after it scrapped a share issue plan.
CRCC raises $3.1b in Shanghai IPO
2008-02-28 08:03:46
China Railway Construction Corp, the country's leading rail builder, has raised 22.25 billion yuan in its Shanghai IPO with demand for shares at 140 times the offering.
Central bank to make HK offshore center for the yuan
2008-02-28 15:20:12
The People's Bank of China, or central bank, is considering making Hong Kong an offshore center for the yuan as part of its move to internationalize the Chinese currency.
Pudong Bank to refinance 32 billion yuan
2008-02-28 16:26:16
Shanghai Pudong Development Bank Co confirmed that it expects to refinance 32 billion yuan within one year, lower than the rumored figure.
Shareholders clear Pudong Bank issue plan
2008-02-28 09:21:45
Shareholders have approved Shanghai Pudong Development Bank's controversial share sale plan, pending regulatory clearance.
New vice-chairman of securities regulator named
2008-02-28 10:40:18
The China Securities Regulatory Commission said it had appointed Yao Gang as a vice-chairman, amid a slew of high-level personnel changes.
China to issue 28b yuan in T-bonds
2008-02-27 20:27:53
The Ministry of Finance said on Wednesday that China will issue 28 billion yuan (US$ 3.9 billion) worth of long term book-entry treasury bonds, with a fixed annual interest rate of 4.16 percent.
CRCC raises 3.1b$ in Shanghai IPO
2008-02-28 08:03:46
China Railway Construction Corp, the country's leading rail builder, has raised 22.25 billion yuan in its Shanghai IPO with demand for shares at 140 times the offering.
China shares continue rebound
2008-02-27 19:14:14
Chinese shares continued to rebound, climbing 2.26 percent on Wednesday after major companies denied rumors of massive refinancing plans.
Chalco to bid for parent's stakes in subsidiaries
2008-02-27 09:19:45
Aluminum Corp of China Ltd, or Chalco, is vying to buy 4.175 billion yuan worth of equity stakes in six sister firms from its parent Chinalco.
China Eastern rejects CNAC's alliance proposal
2008-02-27 14:02:30
China Eastern Airlines rejected a wide-ranging alliance proposal from China National Aviation Corp (Group), which could close the door for an alliance between China Eastern and Air China.