Steel firms ink strategic deal
2007-12-06 10:07:27
China's leading raw materials and service provider Sinosteel Corp yesterday signed a deal with the nation's largest steelmaker Baosteel, amid an industry push to consolidate.
Baosteel banks on share purchase
2007-12-04 10:16:29
Baoshan Iron and Steel Co (Baosteel), China's largest steelmaker, plans to purchase 120 million shares from Shenzhen Development Bank for 4.2 billion yuan.
ICBC seals biggest foreign investment
2007-12-04 10:23:19
Standard Bank Group Ltd, Africa's largest lender, announced that it would sell a 20 percent stake to ICBC for 36.7 billion rand ($5.46 billion).
China's top coal producer eyes overseas market
2007-12-04 07:39:22
China Shenhua Energy Co Ltd, the nation's largest coal producer, is considering investments in Mongolia, Indonesia and Australia to boost its production.
QDII funds in dilemma
2007-12-03 11:02:57
A dramatic drop in net asset value of all four qualified domestic institutional investor (QDII) funds has caused a dilemma for mainland investors.
Institutions' long-term investment encouraged
2007-12-03 14:14:32
The securities regulator will further promote institutional investors' participation in China's stock markets, and encourage them to make more long-term investments.
China Railway A-share debut may stir market
2007-12-03 14:02:24
China Railway Group Ltd, the world's third largest and Asia's top construction firm, is set to list in the Shanghai bourse today, under the code 601390.SH.
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.
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 Everbright agrees to capital injection plan
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.