Quake damage to PetroChina 'not fundamental'
2008-05-16 09:41:06
The earthquake damaged many Petrochina installations in the quake region but did not cause fundamental damage to operations, said company president Jiang Jiemin on Thursday.
Securities watchdog stresses market stability during quake relief
2008-05-15 17:59:48
The securities watchdog has asked all related institutions to make efforts to maintain market and social stability during the quake-relief period.
Quake impact on stocks may be modest
2008-05-14 11:15:02
The earthquake in Sichuan province raised some concern in the stock market, but is not expected to have too much of an impact on individual firms and investor sentiments.
Sinopec stakes in 5 firms on sale
2008-05-15 14:54:00
China Petrochemical Corporation (Sinopec Group) put up its stakes in five investment or investment management companies for sale for 24.45 million yuan ($3.49 million) yesterday at the China Beijing Equity Exchange.
Insurer to adopt all quake orphans
2008-05-15 14:52:45
China Life Charity Fund will cover all the basic living expenses of children who have lost their parents in the devastating earthquake centered in Sichuan province, until they reach 18 years old.
Malaysian fund looks to China
2008-05-15 09:31:07
Khazanah Nasional Bhd, the Malaysian government investment fund, is evaluating investments in China's infrastructure, environmental products, financial and healthcare services.
COSCO orders 4 container ships for $280m
2008-05-14 11:34:35
China COSCO Holdings Co Ltd, the listed flagship of the country's top shipping conglomerate, has ordered four new container ships worth $280 million, the company said on Wednesday.
Yunnan Copper sees lost sales of 130m yuan
2008-05-14 13:35:45
Yunnan Copper Industry Co Ltd, an affiliate of Aluminum Corp of China Ltd, said it expects lost sales of some 130 million yuan ($18.58 million) as a result of disrupted rail transportation in the wake of the Sichuan earthquake.
Ping An plans to issue additional H shares
2008-05-13 16:21:04
Shareholders approved China Ping An's plan on Tuesday to issue additional H shares of no more than 20 percent of the company's existing shares in Hong Kong market.
66 listed firms stop trading after quake
2008-05-13 09:28:03
The strong earthquake in southwest China's Sichuan Province on Monday has made 66 stock listing companies stop trading as of Tuesday.
Inflation jumps 8.5% in April
2008-05-12 10:34:28
Consumer inflation in China rebounded to the highest level in 11 years in April, as food prices continue to surge.
ICBC may set up operations in the Philippines
2008-05-12 10:34:55
Industrial and Commercial Bank of China Ltd (ICBC) is eyeing to set up operations in the Philippines as it hopes to benefit from the country's improving economic landscape.