Ping An shares fail to shine
2010-05-06 09:32:31
Ping An Insurance (Group) Co's A- and H-shares both had a lackluster performance on Wednesday despite the insurer just getting the green light from regulators to go ahead with its plan to acquire Shenzhen Development Bank.
China Mobile platform puts digital publications at fingertips
2010-05-06 09:31:35
China Mobile on Wednesday launched an online platform that enables its subscribers to read and download digital publications through cell phones and e-book readers, as part of its effort to profit from the country's emerging mobile reading market.
Baosteel importing iron ore on temporary price basis
2010-05-05 15:35:33
Baoshan Iron & Steel Co, China's largest listed steelmaker, is importing iron ore from top global miners on a temporary price basis, Ma Guoqiang, the listed unit's general manager, said on Wednesday.
Ping An gets regulatory approval on Shenzhen bank deal
2010-05-05 11:59:21
Ping An Insurance (Group) Co of China said it had received approval from China Securities Regulatory Commission (CSRC) on its plan to issue H-shares in exchange for shares in Shenzhen Development Bank.
Citic, Credit Agricole to combine brokerage units
2010-05-05 10:16:51
Citic Securities Co, China's largest brokerage by market value, and France's Credit Agricole SA are in exclusive talks to combine their global equity brokerage units and investment-banking operations in Asia.
Hanlong to invest $5b in raw materials
2010-05-04 09:26:22
Hanlong Mining Investment Pty Ltd, a subsidiary of Sichuan Hanlong Group, plans to invest $5 billion in steel-related materials including molybdenum, manganese and renewable energy projects in Australia, the company said on Monday.
Gome's sporting goods chain takes a swing at a home run
2010-05-04 09:08:19
The prospects for a new sporting goods chain backed by Gome Electrical Appliances do not appear promising, despite ambitious plans to open 100 stores within three years, analysts said on Monday.
China's Deer Air renamed Capital Airlines
2010-05-04 09:01:31
China's Deer Air Co Ltd, a subsidiary of Hainan Airlines, has changed its name to Capital Airlines.
Local water bottlers to sip from premium market
2010-05-04 08:05:59
BEIJING - Domestic firms are targeting China's premium bottled-water market, which has long been dominated by foreign suppliers.
PetroChina to boost investment in Indonesia
2010-05-03 14:49:35
Chinese oil and gas firm PetroChina is increasing investment in oil and gas exploration and development in Indonesia through its local subsidiary by 30 percent this year to boost oil lifting and counteract declining production.
CNOOC to buy stake in South China Sea oil field for $515m
2010-05-01 14:17:55
China National Offshore Oil Company Limited (CNOOC) announced late Friday it has agreed to acquire US-based Devon Energy Corporation's 24.5 percent interest in a South China Sea oil block for $515 million.
Dairy firm turns profit after 2008 milk scandal
2010-04-29 14:48:36
China Mengniu Dairy Co, the nation's biggest maker of liquid milk, returned to profit in 2009 after sales and margins recovered from a nationwide scandal involving tainted dairy products the year before.