Yangtze Power revises profits
2007-08-01 16:41:02
China Yangtze Power Co, operator of the world's biggest hydropower project, yesterday revised its first-half profit higher because of an accounting error.
The name game of Haitong
2007-08-01 08:50:14
Shares of Haitong Securities Co started trading under the company's own name yesterday on the Shanghai Stock Exchange, according to the exchange's Website.
CREC A share offer okayed, H shares pending
2007-07-31 15:49:23
China Railway Engineering Corporation(CREC) made a big step in its listing plan by hitting the domestic A share market, a source from CREC management said.
Poly plans share offer to fund expansion
2007-07-31 12:43:49
Shanghai-listed developer Poly Real Estate Group Co will issue up to 350 million shares to raise 19.42 billion yuan to fund expansion.
ICBC mulls private banking plan
2007-07-31 11:23:04
ICBC is preparing to set up a private banking unit but has ruled out a foreign partnership for the project, the China Securities Journal reported yesterday.
Electricity sparks surge
2007-07-31 09:03:10
China Yangtze Power Co,operator of the world's biggest hydropower project, said first-half profit jumped 72 percent due to increased electricity output and share sale.
Southern Fund wins nod to invest abroad
2007-07-30 08:33:37
China Southern Fund Management Co, one of the country’s three largest fund companies, said it had won approval from regulators to invest in foreign financial markets.
China Life says profit may double in first half
2007-07-30 08:57:34
China Life, the country's largest life insurer, said its net profit may more than double in the first half of 2007 from a year earlier.
Hudong may buy more assets from parent
2007-07-30 08:40:08
Hudong Heavy Machinery Co, the listed vehicle of China’s biggest shipbuilder, may buy more shipbuilding assets from its parent as it speeds up expansion to meet robust demand, its president said.
Property firm to by Changsha building
2007-07-27 13:29:21
Beijing North Star Co, a Beijing-based real estate developer, said its venture with another developer has agreed to buy a building site in Changsha for 9.2 billion yuan.
ICBC to add loans for small enterprises to 500 bln yuan
2007-07-27 11:43:28
ICBC plans to further explore the burgeoning small enterprise market by offering loans of between 400 to 500 billion yuan to small enterprises over the next three to five years.
Baiyun airport inks more cargo deals
2007-07-27 09:14:46
Guangzhou Baiyun International, one of the country's three busiest airports, is expanding its efforts to become an international air cargo and logistics hub in south China.