Business / Corporate Reports

Porsche China sales up 21% in Oct

[2013-11-12 18:44]

Porsche AG says it delivered 2,948 vehicles in China last month, up nearly 21 percent year-on-year.

Ford wholesales in October increase 55% in China

[2013-11-07 17:11]

Ford Motor and its joint venture wholesales in October in China rose 55 percent year-on-year to 93,969 vehicles, according to the company news released recently.

GM sales up 12.2% in Oct in China

[2013-11-07 17:31]

GM and its joint venture sales in October reached 282,446 units, up 12.2 percent year-on-year, according to the company news release.

Lenovo second quarter net profit rises 36%

[2013-11-07 13:59]

China's Lenovo Group Ltd, the world's number one manufacturer of PCs, said net profit jumped 36 percent in its fiscal second quarter.

Nissan China sales up 128% in Oct

[2013-11-07 10:48]

Nissan Motor announced on Monday that the company sold 114,700 vehicles in China in October with its local JV partner, up 127.8 percent from a year earlier.

Sales of Chinese brands' A0-class cars down 5.1%

[2013-11-06 17:16]

September sales of Chinese brands' A0-class cars dropped 5.1 percent year-on-year to 50,670 units.

Chang'an sales increase 27.8% in Oct

[2013-11-06 16:55]

Chang'an Group sales in October came up to 190,376 vehicles with an increase of 27.8 percent on a yearly basis, according to the company news release.

Volvo sales up 50.1% in Oct in China

[2013-11-06 16:54]

Volvo recently announced that its October sales in China rose 50.1 percent on a yearly basis to 5,086 units.

Shanghai-GM sales up 13.5% in Oct

[2013-11-06 16:53]

Sales of Shanghai-GM in October this year rose 13.5 percent year-on-year to 137,269 units, according to a company news release.

Companies turn around in Q3

[2013-11-01 07:38]

Corporate conditions brightened as the economy improved, but analysts warned that the benefits of an improved macroeconomic climate may soon wane.

Pudong Development Bank profit up 16.8%

[2013-10-31 10:09]

Shanghai Pudong Development Bank Co Ltd said late Wednesday that it posted a 16.8-percent annual increase in net profits in the third quarter.

Profits at Bank of Communications up 9%

[2013-10-31 10:07]

Profits at the Bank of Communications rose 9.43 percent year-on-year in the first nine months of 2013 to 48.706 billion yuan ($7.9 billion).

Bank of China's profit rises 13%

[2013-10-31 09:41]

Bank of China, one of the country's big four lenders, said Wednesday its net profit in the first nine months ending September rose 13.2 percent.

China Vanke Q3 net profit up 18% from year earlier

[2013-10-30 13:07]

China Vanke posted a 18 percent rise in third-quarter profit as its strategy to build mid-tier apartments helped cushion the impact of government curbs.

Sinopec profit up 22.11%

[2013-10-30 10:54]

Oil giant China Sinopec announced Tuesday that its net profit rose 22.11 percent year on year to 52.3 billion yuan ($8.52 billion) in the first three quarters of 2013.

PetroChina net profit rises 9.6%

[2013-10-30 10:38]

Oil giant PetroChina announced a 9.6-percent increase in its net profit for the first three quarters of 2013 as the company managed to adapt to market changes.

China Everbright Bank's profit up 13.87%

[2013-10-29 09:19]

The China Everbright Bank said that its net profits totaled 21.7 billion yuan ($3.54 billion) in the first three quarters of 2013, up 13.87 percent year on year.

CCB net profit up 11.56%

[2013-10-28 09:34]

China Construction Bank declared net profits up 11.56 percent year-on-year to 176.48 billion yuan ($28.77 billion) in the first three quarters of 2013.

CNOOC's output flat in Q3

[2013-10-25 07:27]

CNOOC Ltd, China's biggest offshore oil and gas driller, reported on Thursday flat output in the third quarter, as production on its existing fields dropped.

Chinese shares extended losses Wednesday

[2013-10-23 15:31]

Chinese shares extended losses Wednesday as sentiment remained cautious ahead of the key policy meeting next month.
ChiNext Index tumbles 2.91%

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