Bank of Ningbo profit up 41%
2007-07-19 09:02:17
Bank of Ningbo said its unaudited first-half profit rose 41 percent on increased loans to local companies. Net income rose to 382.8 million yuan in the first six months.
Sinopec could swing back to red
2007-07-19 08:55:47
Sinopec outperformed PetroChina in annual crude output growth during the first half of 2007,but was likely to witness refining losses in the second quarter.
Shareholders approved Haitong's share sale
2007-07-18 14:15:58
Haitong Securities Co said shareholders approved a plan to quadruple its capital to help expand into investment banking and compete with overseas brokerages.
Airline's profit soaring
2007-07-18 14:19:43
Hainan Airlines Co,a Chinese carrier in part backed by George Soros, said first-half profit probably surged more than eightfold on lower jet-fuel prices and a stronger yuan.
China Life plans move into pensions
2007-07-18 08:40:34
China Life Insurance Co, the country's largest insurer, is said to be ready to pay 3.6 billion yuan for a 60 percent stake of Zhongcheng Trust & Investment Corp.
Watchdog allows 7 fund products
2007-07-17 17:18:47
China's stock regulator revved up efforts to channel capital into securities this month by allowing money managers to launch seven equity-invested products, industry data showed.
Central bank steps up anti-graft drive
2007-07-17 16:47:45
The central bank has said it will strengthen anti-money laundering measures in its bid to fight corruption,central bank chief said at a televised conference on Friday.
China Coal plans Shanghai listing
2007-07-17 09:13:57
China Coal Energy plans to make an A-share offering in Shanghai, the latest among overseas-listed companies to return to the mainland.
Xi'an Aircraft set to raise 6.6 billion yuan
2007-07-17 09:09:13
Shenzhen-listed Xi'an Aircraft International Corp will raise some 6.6 billion yuan by selling new shares to its parent and other investors.
CSRC OKs China Futures buyout by China Securities
2007-07-17 08:32:38
The Chinese securities regulator on July 10 gave the go-ahead to the country's first futures company wholly owned by a securities firm, China Business News reported.
Minsheng bank leads Top 100 Chinese private companies
2007-07-16 14:30:02
China Minsheng Banking Corp maintains its lead on the list of top 100 Chinese listed private enterprises this year; while Suning jumps two grades to second position.
Growth in asset values unsustainable: Cheng Siwei
2007-07-16 16:49:40
China's investors should limit risk created by excessive growth of financial assets, according to Cheng Siwei, vice-chairman of the Standing Committee of the NPC.