Merchants Securities submits QDII Plan
2007-06-25 13:38:07
China Merchants Securities Co has submitted its plan to buy shares overseas to the State Administration of Foreign Exchange, Vice President Zhang Yuping said.
BOC: Audit findings have little impact
2007-06-25 13:35:13
Bank of China Ltd said "isolated" cases of irregularities and compliance breaches uncovered during a government audit last year won't affect its financial results.
China encourages share-holding reform in defence industry
2007-06-25 08:56:32
China encourages share-holding reform for some of its weapons makers in a bid to expand financial and technical support, according to the recently issued government guidelines.
TCL Corp. may list PC unit
2007-06-25 08:47:44
Major domestic television and mobile phone maker TCL Corp. may list its personal computer unit to raise much-needed capital, a domestic newspaper said Friday.
Ping An consolidates banking operations
2007-06-22 13:37:20
Ping An Insurance, China's second largest insurer, said the banking regulator has approved its plan to combine two banking units.
Hybrid bonds will boost Huaxia's capital
2007-06-22 13:16:44
Huaxia Bank Co, partly owned by Deutsche Bank AG, was approved to sell as much as four billion yuan of a special hybrid bond to boost capital that's near the regulatory minimum.
Shares in insurer rocket after deal
2007-06-22 09:17:55
Shares of China Life Insurance Co surged to 10 percent daily limit in Shanghai yesterday after its asset management affiliate struck a partnership to invest in the property market.
Tangshan forecasts profits to rise 80%
2007-06-21 13:12:04
Tangshan Iron & Steel Co, the publicly traded unit of China's second-biggest steel maker, said first-half profit may increase by 80 percent.
Industrial Bank approved to run card center
2007-06-21 13:19:18
Banking regulator has granted a financial license to the Fujian Province-based bank to run independent credit card center in Shanghai.
Shoe maker Anta may raise US$405m in IPO
2007-06-21 13:07:09
Anta Sports Products Ltd may raise HK$3.17 billion in a share sale that attracted Houston Rockets' owner Leslie Alexander, two people familiar with the deal said.
Vetting soon for Guoyuan's listing plan
2007-06-21 08:44:58
Guoyuan Securities' listing plan is set to be vetted by regulators soon, which might make it the second domestic broker to launch a reverse takeover, industry sources said yesterday.
PetroChina may raise US$5.6b in Shanghai
2007-06-20 15:40:54
PeroChina Co plans to sell US$5.6 billion of stock in Shanghai in what may become the nation's largest share sale this year