China Eastern deal likely to go through

The strategic cooperation between China Eastern Airlines with Singapore Airlines and Temasek is almost a done deal, Eastern's chairman said.

Sinoma raises $538m in HK IPO

China National Materials Co, the world's largest provider of cement engineering services and equipment, raised HK$4.19 billion in a Hong Kong IPO.

ArcelorMittal declared today that it will make a general offer to shareholders of China Oriental Group Co.

CNinsure Inc plans to pour 1 billion yuan into mergers and acquisitions within three years, its top management said.

Air China and Shanghai Airlines joined the Star Alliance, the oldest and largest airline alliance in the world, on Wednesday.

A total of 25 Chinese listed companies have invested 15.6 billion yuan so far this year in new energies.

Baosteel will put 14.3 billion yuan into iron-making assets in its listed unit, the listed firm said on Tuesday.

US coal firm Peabody Energy will join forces with Chinere firms to build the country's first near-zero emission coal-fueled power plant.

China Mobile yesterday revealed it would focus more of its strategy on developing corporate and institutional users.

CITIC Securities plans to inject $425 million into its Hong Kong unit after buying out its minority shareholders.

China Petrochemical Corporation and the Iranian oil ministry signed a contract on the development of the Yadavaran oilfield in Iran.

Ninety-five percent of Standard Bank Group shareholders have voted in favor of a Chinese bank becoming a 20-percent shareholder of the African bank.