Sinopec could swing back to red
2007-07-19 08:55:47
Sinopec outperformed PetroChina in annual crude output growth during the first half of 2007,but was likely to witness refining losses in the second quarter.
Stocks edge up amid tightening prospects
2007-07-18 16:22:41
Chinese stocks continued climbing today, despite expected tightening measures by the country to keep the economy from "overheating".
PetroChina eyes mainland listing in 4th quarter
2007-07-18 14:32:49
PetroChina is targeting a share offering in the fourth quarter, although the timetable depends on the approval from the securities regulator,the Financial Times reported.
Shareholders approved Haitong's share sale
2007-07-18 14:15:58
Haitong Securities Co said shareholders approved a plan to quadruple its capital to help expand into investment banking and compete with overseas brokerages.
Airline's profit soaring
2007-07-18 14:19:43
Hainan Airlines Co,a Chinese carrier in part backed by George Soros, said first-half profit probably surged more than eightfold on lower jet-fuel prices and a stronger yuan.
China to increase resource tax on ores
2007-07-18 14:05:57
China will raise the resource tax on lead and zinc mines, copper mines and tungsten mines as of August 1 this year, the Securities Times reported today.
CPI announcement postponed to July 20
2007-07-18 13:38:59
The National Bureau of Statistics said that it will postpone the announcement of the CPI for the first half of this year to July 20.
China's 2Q GDP forecast to rise 11%, with interest hike likely
2007-07-18 09:06:49
China's economy may have expanded 11 percent in the second quarter, increasing the likelihood the central bank will raise interest rates for a third time this year.
Shareholder to sue Yaxing over irregular stock trading
2007-07-18 08:49:41
A shareholder of Yaxing Motor Coach has handed an indictment paper to a court over the company's delaying scrip share issue and setting no trading limit for two days.
China Life plans move into pensions
2007-07-18 08:40:34
China Life Insurance Co, the country's largest insurer, is said to be ready to pay 3.6 billion yuan for a 60 percent stake of Zhongcheng Trust & Investment Corp.
Investors start to shun stock market amid volatility
2007-07-18 08:30:50
The volatility of stock market has led to a sharp decline in the number of newly opened trading accounts in China, clearing institution announced on Monday.
Watchdog allows 7 fund products
2007-07-17 17:18:47
China's stock regulator revved up efforts to channel capital into securities this month by allowing money managers to launch seven equity-invested products, industry data showed.