Shenzhen Airlines eyes $1b IPO
2007-08-13 16:01:37
Shenzhen Airlines plans to raise up to US$200 million from selling a 20 per cent stake to investors and then go on to raise at least US$1 billion from an IPO as early as next year, people familiar with the company said.
Nasdaq expects to list 23 more Chinese companies by year end
2007-08-13 08:46:44
China is very likely to become Nasdaq's biggest source of non-US listings by the end of 2007, according to NASDAQ Stock Market vice chairman Michael Oxley.
TCL Corp returns to black in first half
2007-08-09 09:28:41
TCL Corp, China's biggest publicly traded electronics maker, turned to a profit in the first half, helped by cost cuts after closing unprofitable units in Europe.
Everbright gets approval for restructuring
2007-08-09 08:52:29
China Everbright Bank Co has gained regulatory approval for its restructuring, China's eighth-biggest lender said on its Website today.
PetroChina may list in October
2007-08-08 08:50:11
PetroChina plans to debut on the Shanghai bourse in October by raising at least 40 billion yuan, in a bid to tap the red-hot mainland equity market, a CNPC executive said.
China Shipbuilding becomes costliest stock
2007-08-08 09:10:10
Shares of China State Shipbuilding Co extended three days of gains to a record after the company's new name fueled optimism it will further benefit from the booming industry.
China Merchants Bank opens private banking center
2007-08-07 16:56:26
The head office of China Merchants Bank opened a private banking center on Monday, providing its clients with personalized private banking services.
Container major acquires HK firm
2007-08-07 16:27:48
China International Marine Containers, the country's largest shipping container company, yesterday announced that it bought a 42.18 percent stake in Enric Energy Equipment Holdings Ltd for HK$1.13 billion.
Bank of Ningbo net surges
2007-08-07 16:31:03
Bank of Ningbo Co Ltd, a Chinese lender which raised 4.14 billion yuan in an IPO last month, said audited first-half profit surged 41 percent on higher loans to domestic companies.
Question mark over Angola project, says Hangxiao Steel
2007-08-07 08:49:43
Hangxiao Steel Structure said yesterday the 34.4 billion yuan construction project, which it was to undertake in Angola, has run into rough weather as a result of an unexpected delay.
Riding the bull is certainly not easy sport
2007-08-07 08:41:50
It's a record: 13 million yuan in 103 days. That won Wang Xiujie a sobriquet: "Big Brother Leader 777". But the nouveau riche's story didn't end like a fairy tale.
Strong sales drive up profits by 66 percent
2007-08-07 08:46:05
China's top 16 automotive groups chalked up a two-thirds increase in first-half combined profits, boosted by buoyant vehicle sales, an industry association said yesterday.