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

Nanjing and Ningbo city banks set to be first to launch IPO

2007-06-20 13:28:35

Bank of Nanjing and Bank of Ningbo are expected to become China's first two city-level commercial banks to raise funds by going public, Shanghai Securities News reported yesterday.

Cosco raises 15b yuan to buy new ships

2007-06-20 12:53:21

China Cosco Holdings Co, operator of Asia's largest container line, sold 15 billion yuan of stock in Shanghai to buy new ships.

Southern Airlines cooperate with Continental

2007-06-20 08:37:33

Continental Airlines Inc of the US said it reached a marketing agreement with China Southern Airlines Co, as flights between the two countries are set to more than double.

Credit cards fully launched in Huaxia

2007-06-20 08:24:54

Huaxia Bank has launched a full range of credit cards in China. The move is an important initiative in Huaxia's retail banking development, said the bank's president.

Baosteel cleared to complete Bayi deal

2007-06-19 14:09:45

China's securities watchdog has approved Baosteel Group Corp's plan to buy control of smaller Xinjiang Bayi Iron & Steel Group, according to Bayi's listed unit.

CMB eyes financial leasing

2007-06-19 13:51:49

China Merchants Bank Co has applied to set up a financial leasing firm to diversify its business scope, its president said yesterday.

China Mobile huge sell off 'plan'

2007-06-19 11:25:57

China Mobile, the world's largest cellular phone operator, is planning a multibillion-dollar share sale in Shanghai as early as next month.

Bank branches punished for irregularities

2007-06-19 08:33:32

China's banking regulator has punished eight bank branches involved in two cases of State-owned enterprises illicitly using loans for stock market and property market investment.

Brokerage plans for stock market entry

2007-06-19 08:55:41

China's Merchants Securities Co has started preparations for a public stock offering as early as this year.

Gateway and Huafa join hands in new project

2007-06-19 08:51:27

Gateway Capital has confirmed the joint venture agreement with Shanghai-listed Huafa Industrial Co Ltd to co-develop a part of Huafa New Town.