China Pacific Insurance to issue 1.9b shares
2007-11-30 15:01:03
China Pacific Insurance (Group) Co Ltd plans to issue one billion A shares in Shanghai and no more than 900 million H shares in Hong Kong.
Sinochem snaps up rival
2007-11-30 10:41:51
China's largest fertilizer producer Sinochem Corp has paid 1.6 billion yuan for a 51 percent stake in Zhejiang chemicals maker Juhua Group Corp.
CIC aims for overseas
2007-11-30 10:04:44
Lou Jiwei said yesterday the China Investment Corporation needed months to prepare for "major" investments and would eventually play a "stabilizing role".
Blueprint for coal sector
2007-11-30 09:28:20
China will not approve new coalmine projects with an annual capacity of less than 300,000 tons before 2010, according to the nation's top economic planning body.
Companies making faster profits
2007-11-30 10:32:48
Chinese enterprises are making large profits faster because of better management, efficient capital operation and investment gains.
Chinalco signs west China mining exploration deal
2007-11-30 15:01:51
Aluminum Corp of China will invest 500 million yuan in a five-year metal mining exploration project in Qinghai.
China stock index ends up 4.2%, above 5,000 pts
2007-11-29 16:41:46
China's key stock index closed up 4.16 percent on Thursday and rose above the psychologically important 5,000-point level.
Rail Ministry boosts bond sale to 45b yuan
2007-11-28 17:13:51
China's Ministry of Railways has auctioned 45 billion yuan of fixed-rate corporate bonds, 10 billion yuan more due to strong demand.
Chinese steelmakers urge for rationalization
2007-11-28 10:57:23
China's Iron and Steel Association urged the State Council to rationalize the industry in hopes of developing world-scale companies.
Panic selling drives stock indices down further
2007-11-28 16:47:33
Panic spread in China's stock market on Wednesday as key indices continued to tumble due to major falls in blue chips.
China Everbright agrees on capital injection
2007-11-28 15:29:50
China Everbright Bank have approved a capital injection from the government to sell equity stakes to strategic foreign investors.
CNOOC launches 1st offshore plant
2007-11-29 09:43:14
CNOOC, the nation's largest offshore oil producer, announced yesterday it had commenced operating the nation's first offshore wind power plant.