TCL to produce TD-SCDMA handsets
2007-07-09 08:54:41
Mobile phone manufacturer TCL Communication Technology Holdings Ltd will produce trial TD-SCDMA handsets by this October, the company announced last week.
CNPC bought overseas exploration rights
2007-07-09 08:25:26
China National Petroleum Corp has bought the rights to explore for oil in Canada. The company will develop an oil-sands field that is estimated to contain about 2 billion barrels of a thick and hard-to-process form of oil called bitumen.
Social security fund signed trusteeship deal with ICBC
2007-07-09 14:11:16
The National Council for Social Security Fund signed a trusteeship agreement with the ICBC Friday.ICBC becomes the third entrusted bank of the fund
Yangtze Power wants a stake in Datang Mobile
2007-07-06 12:27:54
China Yangtze Power Co has confirmed media reports that it wants a stake in the developer of China's own cellular phone standard.
Minsheng bank's 1st quarter profit up
2007-07-06 08:21:38
China Minsheng Banking Corp said first-half profit surged more than 60 percent as it extended more loans and demand for services such as wealth management increased.
Share reform for State company
2007-07-06 08:10:49
A major restructuring project is under way in Hudong Heavy Machinery. The goal is to make Hudong into an even bigger State-controlled heavyweight in the capital market.
Pork price rise alone won't affect CPI much: Economists
2007-07-05 08:51:00
China's pork prices continued to rise this month, but that factor alone will not significantly push up the consumer price index (CPI), analysts said.
Chalco aims to buy out Baotou to consolidate
2007-07-04 13:00:07
Aluminum Corp of China will buy out sister firm Baotou Aluminum Co in a share-swap deal worth 15.3 billion yuan, as the domestic industry leader tries to consolidate to rival global giants.
Zhenhua got US$200 mln order
2007-07-04 09:00:03
Zhenhua Port Machinery, a major Chinese maker and exporter of container cranes and other port equipment, said yesterday it had secured a US$200 million order from Dubai Ports World.
Blackstone to buy into State-owned firm
2007-07-04 08:42:07
US private equity firm Blackstone will spend at least $200 million to buy a stake in Bluestar Group, a major State-owned supplier of chemicals and related services, according to a source close to the Chinese company.
Shenhua Energy to offer shares in Shanghai
2007-07-03 13:01:52
China Shenhua Energy Co said today that it plans to issue shares on the Shanghai Stock Exchange and to increase its holdings of parent company assets, according to The Associated Press.
Guangshen completes rail purchase
2007-07-03 13:10:43
Guangshen Railway Co has finalized the purchase of domestic rail assets for US$1.3 billion, underscoring strong interest in the fast-growing sector.