ICBC's profits soar 52% in 1st quarter
2007-04-26 09:22:20
The Industrial and Commercial Bank of China (ICBC) said its after-tax profits in the first quarter rose 51.6 percent year-on-year to 18.9 billion yuan (US$2.42 billion).
China Mobile ranks 5th of top global brands
2007-04-26 09:27:51
China Mobile has leaped ahead of household names such as Marlboro and Wal-Mart to rank fifth in an influential annual ranking of the world's top brands.
Wumart on the rise
2007-04-26 09:11:03
Wumart Stores Inc, Beijing's largest supermarket chain, said first-quarter profit jumped 25 percent as rising incomes spurred consumption.
COSCO Shipping reports 31% profit rise in 1st quarter
2007-04-25 13:42:35
COSCO Shipping Co said first-quarter profit rose 31 percent as it charged more to carry coal, steel and other dry-bulk cargoes.
Southern Airlines plans to offer more shares
2007-04-25 13:47:14
China Southern Airlines Co said it plans to offer investors more shares as it's seeking to convert non-tradable stock.
Fortune Securities acquires 67% of China Euro Securities
2007-04-25 13:36:25
Fortune Securities Co Ltd said it has acquired a 67 percent stake in China Euro Securities Ltd from China Valin Iron and Steel Group.
GF Securities net profit grows 677%
2007-04-25 09:31:55
GF Securities Co Ltd said its net profit grew 677 percent year-on-year to 1.23 billion yuan (US$159 million) in 2006, from 157.73 million yuan in 2005.
China Life to sell stake to Citigroup
2007-04-25 09:07:46
China Life Insurance Co plans to sell a stake of as much as 19.9 percent to Citigroup Inc, the Hong Kong Economic Journal reported.
Changhong to raise funds
2007-04-25 08:54:58
Sichuan Changhong Electrical Co said it plans to raise about 2.5 billion yuan selling new shares.
Suning to sell 73m shares
2007-04-24 09:52:33
Suning Appliance Co, China's second-largest home appliance retailer, plans to sell 2.4 billion yuan worth of shares to finance expansion.
CITIC Bank Shanghai IPO priced at 5.8 yuan, HK IPO at HK$5.86
2007-04-23 16:18:13
China CITIC Bank Co Ltd confirmed that it has priced its initial public offering (IPO) in Shanghai at 5.8 yuan (75 US cents) per share and its Hong Kong IPO at HK$5.86 apiece.
Guotai Jun'an prepares IPO
2007-04-23 14:51:29
Guotai Jun'an Securities Co is planning to launch an initial public offering (IPO) in Shanghai this year.