CITIC Bank closer to dual listing
2007-03-28 08:59:50
China CITIC Bank, has got the nod from Hong Kong bourse to offer H shares, and is waiting for A-share listing approval, which may come in two weeks.
Gome claims top rank
2007-03-28 08:53:06
Gome Electrical Appliances Holdings Ltd is the country's largest retailer, surpassing its foreign and domestic rivals.
Calyon Financial, CITIC East China to set up futures JV
2007-03-27 16:44:25
Calyon Financial Hong Kong Ltd and CITIC East China (Group) Corp announced they have signed a joint venture (JV) agreement to form a new futures brokerage.
Huaxia Bank targets further growth in profit
2007-03-27 16:28:40
Huaxia Bank Co Ltd is targeting operating profit of 2.95 billion yuan (US$381 million) this year, up from 2.41 billion yuan in 2006.
China Oilfield plans to sell A shares
2007-03-27 14:09:59
China Oilfield Services Ltd said it plans to issue as many as 820m new A shares in Shanghai in a sale that could raise the equivalent to HK$5b.
Arcelor Mittal expects nod for Laiwu stake
2007-03-27 10:03:57
Arcelor Mittal, the world's largest steelmaker, expects to win regulatory approval to buy a stake in Chinese steelmaker Laiwu Steel Corp in the next two months.
Shanghai Pudong 2006 net profit up 31%
2007-03-26 16:58:39
Shanghai Pudong Development Bank Co Ltd said net profit last year rose 31 percent to 3.35 billion yuan (US$433 million).
Shenzhen bank mulls new reform plan
2007-03-26 16:25:26
Shenzhen Development Bank may propose a plan to make all its stock tradable, said the bank's chairman Frank Newman.
Shenhua profit up on higher demand
2007-03-26 11:36:42
China Shenhua Energy Co said its 2006 profit rose 12 percent after it increased production to meet higher demand.
CITIC Bank plans to go public in April
2007-03-26 09:32:18
China CITIC Bank plans to go public on both the Chinese mainland and in Hong Kong at the end of April this year.
Ex-AIG chairman launches China private equity JV
2007-03-26 09:48:27
Former American International Group Inc chairman Maurice Greenberg launched a private equity joint venture with CITIC Securities.
Shanghai's finance industry contributes to economic growth
2007-03-23 16:18:54
Shanghai's finance industry has made a bigger contribution to the city's economic growth last year.