IPO of China Coal Energy gets green light
2008-01-12 11:43:24
China Securities Regulatory Commission approved Friday the A-share IPO application of China Coal Energy Ltd, the country's second largest coal manufacturer.
Goldman to inject $300m in China fund
2008-01-11 10:06:52
Goldman Sachs Group Inc plans to inject $300 million into a private equity fund being set up by its China partner, the Wall Street Journal reported.
Bull market boosts Haitong
2008-01-11 09:29:22
Haitong Securities Co, China's second largest publicly traded brokerage, said profit increased eightfold last year as it traded more stocks and mutual fund units for clients.
SAIC Motor ranks 1st in domestic vehicle sales
2008-01-09 16:41:23
China's Shanghai Automobile Industry Corporation (SAIC) sold more than 1.69 million motor vehicles in 2007, a growth of 25.8 percent over the previous year.
CNPC to have command center on oil dispatch
2008-01-09 16:23:40
China National Petroleum Corporation will install a command center on the distribution of refined oil products this year to improve supply efficiency amidst oil shortage.
Airline's share sale rejected
2008-01-09 10:02:52
China Eastern Airlines said yesterday that it would not merge with Air China despite its failure to secure shareholders' support for a proposed share sale to Singapore Airlines.
CNPC to add stations
2008-01-09 09:35:13
China National Petroleum Corp (CNPC), the country's largest oil producer, plans to open 60 gasoline and natural gas filling stations in Chongqing to boost business in the region.
Huaneng output powers up 16%
2008-01-09 10:12:57
China Huaneng Group, the nation's largest power producer, said yesterday it produced 16 percent more electricity last year, after adding plants to meet rising demand.
China Merchants Bank estimates 2007 profit up 110%
2008-01-08 14:31:33
China Merchants Bank's 2007 net profit soared 110 percent year-on-year to about 14.9 billion yuan, the bank said on Tuesday.
Gome eyes mainland listing
2008-01-08 11:33:25
China's top appliance retailer Gome is gearing up to mainland listing and is waiting for regulator's approval, its spokesperson said.
China Eastern worries over vote
2008-01-08 12:10:20
In a rare movement, China Eastern Airlines said it foresaw "a gloomy results from a vote on the proposed sale of shares to Singapore Airlines and Temasek."
Ping An plans JV with UOB
2008-01-04 09:07:09
Ping An Securities, the securities arm of Ping An (Group) Co, is planning a joint venture fund management company with Singapore-based UOB Asset Management.