Sinopec to sell $4.2b bonds to fund expansion
2008-02-18 11:52:28
China Petroleum & Chemical Corp (Sinopec) will sell 30 billion yuan of bonds to help build a cross-country pipeline and ethylene plants.
Ping An rakes in hefty premiums
2008-02-17 10:37:23
China Ping An, China's second largest life insurer raked in 14.51 billion yuan ($2.01 billion) in premiums in January, a hefty 49.33 percent increase year on year.
Baidu profit beats estimates as company wins users
2008-02-14 15:52:29
Baidu.com Inc reported profit and sales that topped analysts' estimates after services to find celebrity news and videos helped attract users from Yahoo! Inc.
IPO approved for leading China railway contractor
2008-02-14 21:48:15
China's securities regulator formally okayed on Thursday the initial public offering (IPO) of China Railway Construction Corporation (CRCC).
CITIC, Bear Sterns plan to increase stake in each other
2008-02-14 16:03:20
CITIC Securities and US investment bank Bear Sterns are to revise a share swap agreement, increasing the stake in each other.
China Mobile lends backing to LTE
2008-02-13 11:13:36
China Mobile is on Wednesday expected to lend its support to LTE, the wireless broadband standard that looks set to become the flagship 4G technology.
CNOOC's 2007 pretax profit up 17.5%
2008-02-03 09:08:06
China National Offshore Oil Corp, the country's No. 3 oil producer, said on Saturday that pretax profit jumped 17.5 percent year-on-year to 56.5 billion yuan in 2007.
Sinopec, Saudi Basic Industries Corp to build $1.7b JV
2008-02-01 15:16:45
Saudi Basic Industries Corp said it signed a framework agreement with Sinopec to build an ethylene derivatives plant with an annual production capacity of one million metric tons.
China Eastern orders 30 Boeing 737s
2008-02-01 14:57:37
China Eastern Airlines, the nation's third-largest carrier, said Wednesday it has agreed to buy 30 single-aisle 737s from Boeing Co.
Lenovo to offload handset unit
2008-02-01 10:45:17
PC maker Lenovo Group said yesterday it will offload its handset business for $100 million to a group of private equity firms to boost profitability.
CRH nods to Yatai stake sale
2008-01-31 10:32:40
CRH Plc, the world's second biggest maker of building material, will pay 2.1 billion yuan for a stake in the cement unit of Jilin Yatai (Group) Co, tapping into China's construction boom.
China Oilfield Services boasts 95% net profit rise
2008-01-30 11:54:00
China Oilfield Services Limited (COSL) said Tuesday its unauditted net profit was forecast to grow about 95 percent year-on-year last year.