China Eastern says stake in China Cargo falls
2010-12-20 10:14:22
China Eastern Airlines Corp Ltd's stake in China Cargo Airlines will fall to 51 percent from 70 percent after a 1.55 billion yuan ($232.9 million) capital increase, according to Reuters' report on Sunday.
Citic Group to build 10,000 homes in Venezuela
2010-12-20 09:55:08
Citic International Contracting Inc, a unit of China's State-owned Citic Group, will build 10,000 housing units on the site of a Caracas military base in Venezuela, Bloomberg News reported Sunday, citing Venezuelan President Hugo Chavez.
JA Solar to expand capacity in 2011: CEO
2010-12-20 09:39:36
JA Solar Holdings Co, a Chinese maker of solar cells and modules, plans to expand solar-cell production capacity by at least 30 percent next year, Bloomberg News reported Saturday, citing the company's chief executive officer Fang Peng.
PetroChina's profit may drop as resource tax expands
2010-12-17 15:55:07
PetroChina Co will "bear the brunt" of a resource tax that is being expanded to 12 western provinces, reducing the largest Chinese oil company's 2011 earnings by 2.5 percent, Bloomberg News reported Friday.
China's Anshan Steel plans to acquire small rival
2010-12-17 09:56:12
China's Anshan Steel Group plans to take over smaller rival Fujian Sangang Group in a further move to speed up the domestic steel sector's restructuring, Reuters reported Thursday, citing a filing to the exchange of Sangang's listed arm Sansteel Minguang.
Wuhan Steel lifts Jan price for steel products
2010-12-17 09:36:24
Wuhan Steel, a leading Chinese steelmaker, will increase prices of its major steel products by 100-150 yuan ($15) per ton in January, indicating its positive outlook on demand, Reuters reported Friday.
Tencent announces launch of int'l QQ
2010-12-16 11:04:47
Tencent Holdings Limited, the leading provider of Internet and mobile & telecommunications value-added services in China, today announced the launch of version 1 of their QQ International (QQi 1.0) instant messenger (IM) product.
Baidu sees growth rate slowing in 2011
2010-12-16 09:33:57
A senior executive of China's top search engine, Baidu Inc, forecast its top-line and bottom-line growth rates to moderate over the next year, sending its shares down six percent on Wednesday, said a Reuters report.
China's GD Power to raise 9.7b yuan via placement
2010-12-15 09:27:08
China's GD Power, a unit of State-owned Guodian Corp, plans to raise not more than 9.7 billion yuan ($1.46 billion) via a share placement and has set a sale price at 3.19 yuan per share, it said on Wednesday.
China Mobile to improve smartphone system with new alliance
2010-12-14 15:11:15
China Mobile, the country's largest mobile carrier by subscriber bases, is making a new push to promote its own mobile operating system by establishing an "innovation alliance" to further its development, the US-based PCWorld reported Monday.
China's iSoftStone prices top of range
2010-12-14 13:25:38
China-based information technology (IT) services provider iSoftStone Holdings Ltd priced its initial public offering (IPO) at the top of the expected range on Monday, according to an underwriter.
Datang Renewable raises $643m in HK IPO
2010-12-13 15:01:03
China Datang Corp Renewable Power Co raised $643 million selling shares in Hong Kong at the bottom of its range, as investors shun renewable energy companies, Bloomberg News reported Monday.