Minsheng gets greenlight to buy into UCBH
2008-03-02 09:41:46
China Minsheng Banking Corp announced on Saturday that the China Banking Regulatory Commission had approved its proposal to buy 4.9 percent of the US-based UCBH Holdings.
Rail builder raises $3.1b in Shanghai IPO
2008-02-28 08:03:46
China Railway Construction Corp, the country's leading rail builder, has raised 22.25 billion yuan in its Shanghai IPO with demand for shares at 140 times the offering.
Pudong Bank to refinance 32 billion yuan
2008-02-28 16:26:16
Shanghai Pudong Development Bank Co confirmed that it expects to refinance 32 billion yuan within one year, lower than the rumored figure.
Shareholders clear Pudong Bank issue plan
2008-02-28 09:21:45
Shareholders have approved Shanghai Pudong Development Bank's controversial share sale plan, pending regulatory clearance.
Chalco to bid for parent's stakes in subsidiaries
2008-02-27 09:19:45
Aluminum Corp of China Ltd, or Chalco, is vying to buy 4.175 billion yuan worth of equity stakes in six sister firms from its parent Chinalco.
China Eastern rejects CNAC's alliance proposal
2008-02-27 14:02:30
China Eastern Airlines rejected a wide-ranging alliance proposal from China National Aviation Corp (Group), which could close the door for an alliance between China Eastern and Air China.
Top rail builder to raise $3.1b in Shanghai IPO
2008-02-25 09:40:22
China Railway Construction Corp (CRCC), the country's leading rail builder, may raise as much as 22.25 billion yuan in its IPO in Shanghai.
Huawei down, not out, in acquisition bid on US firm
2008-02-22 09:57:27
Huawei Technologies has no intention of abandoning its acquisition of US network technology company 3Com Corp.
Baosteel agrees 65% iron ore price hike
2008-02-23 09:15:26
Baosteel agreed on Friday to pay 65 percent more for iron ore to Brazil's Cia Vale do Rio Doce, for 12 months beginning April 1, 2008.
Sinopec denies market talk of $8.4b share sale
2008-02-22 13:40:25
Sinopec has denied market talk that it plans to raise around 60 billion yuan ($8.4 billion) by selling an additional five billion shares.
Pudong Bank comfirms share sale plan
2008-02-21 13:58:30
Shanghai Pudong Development Bank Co confirmed Thursday that it plans to sell additional shares to boost core capital.
Ping An to stick to issue plan
2008-02-22 09:13:30
Ping An Insurance, the country's second largest insurer, won't change its refinancing plan after it triggered a sharp market fall and spurred a new round of share sales by other listed companies.