Ping An's net profit up 8.4% by Q3, growth slows
2010-10-28 16:04:28
Ping An Insurance Company of China Ltd, China's second-largest life insurer, said Wednesday its net profit in the first three quarters of this year reached 13.2 billion yuan ($2 billion) , up 8.4 percent year on year.
China Southern Airlines reports 9-fold profit growth in Q3
2010-10-28 16:03:44
China Southern Airlines Company Limited (China Southern), the nation's largest carrier by transport capacity, said Thursday its third quarter net profit grew 970.77 percent year on year on the back of robust growth in domestic air travel.
1,181 listed firms post 48% rise in net profit
2010-10-27 17:19:44
A total of 1,181 publically listed companies that have released the third quarter report posted total revenue of 2.74 trillion yuan ($410 billion), up 34.35 percent year-on-year, according to the statistics from the China Securities Journal.
CDB to finance China Three Gorges Co $11b
2010-10-27 16:35:25
China Development Bank (CDB) will offer China Three Gorges Corporation (CTGC) more than $11 billion in financial support over the next five years, said the bank on Wednesday.
Taobao.com aims for overseas Net sales expansion
2010-10-27 11:23:24
China's largest online shopping platform, Taobao.com, said on Tuesday that it plans to expand into the European and American markets by launching an integrated platform for cross-border online shopping at the beginning of next year, allowing Chinese e-consumers to shop beyond the Asian markets.
Poll launched for top 10 Chinese firms in Africa
2010-10-22 17:48:35
An on-line poll opened Friday for the top 10 Chinese enterprises that have made significant contributions to infrastructure building and development of Africa.
Foxconn to build new plant with $2b in SW China city
2010-10-22 15:24:06
Foxconn, the world's largest electronics contractor, will input $2 billion to build a new assembly plant in southwestern Chinese city of Chengdu, local government said Friday.
Sinopec to sell bonds
2010-10-21 11:34:38
China Petroleum and Chemical Corp, known as Sinopec, plans to sell as much as 23 billion yuan ($3.5 billion) of six-year convertible bonds to develop infrastructure.
Yingli sees bright prospects
2010-10-21 10:28:47
Chinese solar company Yingli Green Energy Holding is still bullish about the US solar market and expects a 50 percent increase in solar cell shipments to the country next year, despite recent trade disputes, the company's chairman said on Wednesday.
Sinohydro Group boosts African stakes
2010-10-21 09:27:20
Sinohydro Group, a leading State-owned group in hydropower construction, will increase its investments in Africa, said a senior company official.
CNOOC speeds up LNG arm
2010-10-20 13:34:42
China National Offshore Oil Corp (CNOOC), the country's largest oil and gas producer, is speeding up the development of its liquefied natural gas (LNG) business as part of its focus on green energy.
Sinopec pays hundreds of billions to investors
2010-10-19 17:39:47
China Petroleum & Chemical Corp (Sinopec), the biggest petrochemical company in Asia, has paid dividends worth 104 billion yuan to its shareholders in the past decade, Shanghai Securities News reported Tuesday.