Zoomlion plan for share sale approved
2010-11-27 10:29:25
Changsha Zoomlion Heavy Industry Science & Technology Development Co got the Hong Kong Stock Exchange's approval for a share sale that could raise more than $1 billion, two people familiar with the matter said.
Fireworks company aims to sparkle
2010-11-27 10:08:11
Panda Fireworks Group, the only market-listed Chinese fireworks firm, will seek more mergers and acquisitions (M&As) for domestic expansion, and will bid for contracts at all major international sporting events.
CNOOC to increase new energy production
2010-11-27 09:20:53
CNOOC, China's largest offshore oil producer, said new energy will account for 40 to 50 percent of the company's total energy produced during the 12th Five-Year Plan period (2011-2015).
Sany looks to overseas expansion for revenue
2010-11-26 09:39:28
China's expansive spending on infrastructure projects has encouraged the domestic machinery producer Sany Heavy Industry Co Ltd to look for other countries experiencing a similar urbanization process, and try to increase its revenue from overseas activities to 50 percent.
Canada listed Zungui profit falls on higher costs
2010-11-25 14:12:25
Clothing and footwear retailer Zungui Haixi Corp's quarterly profit dropped 8 percent, hurt by higher expenses on opening new stores and selling costs.
Tencent to open platform
2010-11-25 12:58:03
Tencent Holdings Ltd, the largest Chinese Internet company by market capitalization, said it will open its platform of Tencent communities within six months, following Facebook's example and in the wake of its bitter dispute with Internet security firm Qihoo 360.
China Guodian expands interests in financial sector
2010-11-25 11:10:05
China Guodian Corporation, one of the largest State-owned power generation groups, is expanding its range of interests in the financial sector.
CNOOC and BP in talks on sharing production
2010-11-25 10:31:43
CNOOC Ltd and BP Plc are in talks on a production-sharing agreement in the South China Sea, the chief executive officer of China's biggest offshore energy explorer said.
Heavy load for loadermaker
2010-11-25 09:53:49
Shandong Lingong Construction Machinery Co Ltd, China's fourth-largest producer of loaders, with the backing of majority investor Volvo, has taken the lead among domestic players to restructure its product line-up and cater to the rising demand for energy-efficient machines.
China's Dalian Port raises $857m in Shanghai IPO
2010-11-25 09:12:41
China's Dalian Port said on Thursday it has priced its Shanghai initial public offering (IPO) at 3.80 yuan a share, in the middle of an indicated range, raising 5.7 billion yuan ($856.9 million).
Digital China surges on debut on Taiwan bourse
2010-11-24 16:09:48
The Taiwan Depositary Receipts (TDRs) of Digital China Holdings Limited, China's leading integrated IT service provider, surged on their debut on the Taiwan Stock Exchange Wednesday, with their price jumping by the daily limit of 7 percent.
China's Xinmao confirms 'uncertain' $1.3b Draka bid
2010-11-24 15:41:50
The listed arm of China's Xinmao Group confirmed on Wednesday that its parent aims to acquire Dutch cable maker Draka, but added that the $1.3 billion offer remains uncertain and pending Beijing's approval.