PetroChina releases CSR report

2007-04-12 09:09:01

PetroChina, China's top oil company, unveiled its first corporate social responsibility (CSR) report yesterday.

China waivers Merchants Bank of US$117m tax

2007-04-11 16:20:47

The Ministry of Finance and the State Administration of Taxation have approved more deductions in China Merchants Bank Co Ltd's corporate income tax for last year.

Huludao Zinc 1st-quarter profit up

2007-04-11 10:13:04

Huludao Zinc Industry Co, China's second-largest zinc producer by output, said its first-quarter profit increased 14 percent.

Shanghai Port profit up 18%

2007-04-11 09:54:58

Shanghai International Port (Group) Co, operator of China's busiest container port, posted an 18 percent gain in 2006 profit as demand rose for sea cargo transport.

Baosteel profit jumps by 150%

2007-04-11 09:44:48

Baoshan Iron and Steel Co Ltd yesterday posted a 150-percent net profit jump in the first quarter of 2007 to around 2 billion yuan.

Sinopec trims costs to rake in US$7b

2007-04-11 09:49:56

Sinopec yesterday posted a net profit of 53.9 billion yuan (US$7 billion) for 2006, up 30.05 percent.

Hongyuan Securities 2006 net profit rises

2007-04-10 16:38:04

Hongyuan Securities Co Ltd said its unaudited net profit in 2006 surged to 227.9 million yuan from 8.22 million yuan a year earlier.

Shanghai Pudong gets new chairman

2007-04-10 10:39:26

A top Shanghai government and financial official is set to become chairman of the Shanghai Pudong Development Bank.

Retailers deny talk of 3b-yuan acquisition

2007-04-10 10:06:31

Home appliance chains Suning and Dazhong yesterday denied media reports about a 3-billion-yuan acquisition deal between the two.

CITIC Securities profit rockets in 1st quarter

2007-04-09 10:44:02

CITIC Securities saw its net profits soar 12 times year on year to 1.2 billion yuan (US$154 million) in the first quarter this year.

ICBC tops in terms of assets

2007-04-07 10:00:20

The Industrial and Commercial Bank of China (ICBC) has become China's No.1 company after registering total assets of more than US$1 trillion at the end of March 2007.

Probe halts Hangxiao bull run

2007-04-06 09:54:27

The mysterious rush for Hangxiao Steel Structure's shares on the Shanghai bourse ebbed yesterday, falling by the permissible limit of 10 percent.