CNPC, partners seek workover rigs for Iraq Halfaya

2010-11-03 16:11:30

China National Petroleum Company (CNPC), Iraq, French and Malaysian partners have invited bids from oil service companies to supply two workover rigs as they prepare to start work on the 4.1 billion barrel Halfaya oilfield.

China Gold to raise $220-280m in HK IPO

2010-11-03 15:25:20

China Gold International Resources Corp Ltd plans to raise $220-280 million through a Hong Kong stock market listing, Reuters reported Tuesday according to a term sheet.

Xueda Education surges 32% after $128m US IPO

2010-11-03 15:05:46

Xueda Education Group, the Beijing-based provider of tutoring services for primary and secondary school students in China, surged 32 percent after raising $128 million in its US initial public offering (IPO), Bloomberg reported on Wednesday.

China's ICBC eyes more acquisitions in SE Asia

2010-11-03 14:55:52

Industrial and Commercial Bank of China (ICBC) was looking for acquisitions in countries in Southeast Asia where now it has no presence, Reuters quoted company chairman on Wednesday.

Carlsberg gets nod to buy Chongqing Brewery

2010-11-02 16:50:57

Chongqing Brewery said in a statement on Monday that the government has approved Carlsberg's buying into the company.

N China plant ready to produce coal mine rescue robots

2010-11-02 11:28:35

A factory in North China is set to start producing coal mine rescue robots designed to enter hazardous environments to collect data during mining accidents, company sources said Monday.

Rongsheng seeks $2.3b IPO

2010-11-02 11:19:32

Jiangsu Rongsheng Heavy Industries is seeking $2.3 billion in what may be Hong Kong's third-largest initial public offering (IPO) this year, according to terms sent to investors.

China's 1st direct flight to Brisbane to leave Guangzhou

2010-11-02 11:16:23

China's first direct flight to Australia's Brisbane is set to take off from Guangzhou, the capital of south China's Guangdong province, at 9 pm Monday, an unnamed official with China Southern Airlines said.

Baosteel sees steel demand remain steady in '11

2010-11-01 11:20:35

China Baoshan Iron & Steel, the country's biggest listed steelmaker, says steel demand will remain steady next year, a company executive said.

CNOOC Q3 revenue surges on output, price hikes

2010-10-29 10:56:16

Oil exploration firm CNOOC Limited reported Thursday that its unaudited revenue for the third quarter rose to 38.91 billion yuan ($5.82 billion) from 23.76 billion yuan a year earlier, a surge of 63.8 percent.

$8.29b power deal signed

2010-10-29 10:00:07

Shanghai Electric Group, one of the country's three largest power equipment makers, signed an $8.29 billion deal on Thursday with India's Reliance ADA Group for the supply of power equipment and related services over a 10-year period.

China solar energy firm to set up joint venture in India

2010-10-28 17:35:37

A solar water heater producer, China Himin Solar Co, Ltd, plans to launch a joint venture manufacturing plant in India, said Huang Ming, chairman of the Chinese company, on Thursday at on-going Delhi International Renewable Energy Conference 2010.