CNOOC turns to unconventional gas

2010-10-12 10:43:20

The nation's major oil giants are now competing to harvest unconventional gas.

Chinese pharma firm seeks up to $741m in HK IPO: report

2010-10-11 17:04:07

Sihuan Pharmaceutical Holdings Group seeks to raise up to $741 million through its Hong Kong initial public offering, according to a term sheet on Oct 11.

Chinese firms to explore coal block in Queensland

2010-10-11 11:16:30

An agreement to explore and develop an Australian coal project was signed Saturday by China Coal Geology Engineering Corporation (CCGEGC) and Wanbei Coal-Electricity Group Co in Hefei, capital of East China's Anhui province.

Vanke sales surge in September

2010-10-11 10:47:46

China Vanke Co, the nation's biggest listed property developer, recorded a monthly sales record of 14.2 billion yuan ($22.1 billion) in September, 160 percent up from a year ago, according to its statement filed with Shenzhen Stock Exchange.

CIC's Teck holding pays big dividends

2010-10-09 09:39:15

China Investment Corp (CIC), the country's sovereign wealth fund, saw its $1.5 billion investment in Canada's Teck Resources Limited almost triple in asset value in a year, a top official from Teck said.

Sinopec, Iceland firm in geothermal deal

2010-10-08 11:09:25

Sinopec Star Petroleum Co has signed an agreement with Iceland's Geysir Green Energy (GGE) for the exploration and development of geothermal resources in northern China's Inner Mongolia autonomous region, in a move to make further use of clean energy in the country.

Zijin Mining fined $1.4m for spill

2010-10-08 09:58:11

China's Zijin Mining said it has been fined 9.56 million yuan ($1.4 million) for leaking acidic copper solution into a local river near one of its gold mines in July.

ChinaCache IPO hails a big success

2010-10-06 09:58:36

Investors' optimism soared high as Beijing-based ChinaCache International Holdings made its United States market debut on Oct 1, raising $84 million on the Nasdaq.

Buffett says more confident in BYD after visit

2010-09-29 11:25:28

Billionaire investor Warren Buffett said Tuesday that he is more confident in Chinese electric carmaker BYD following his visit.

Lenovo upgrades LePhone

2010-09-29 09:52:28

Chinese computer maker Lenovo Group on Tuesday launched a new version of its LePhone in partnership with China Telecom, in its latest effort to expand its cell phone business in the world's biggest mobile-owning population.

Jailed Gome founder responds to special general meeting results

2010-09-29 08:59:11

Huang Guangyu, the jailed founder of China's largest appliance retailer Gome, issued a statement Tuesday night responding to the results of a special general meeting.

China's Chinalco to invest 10b yuan in rare earth sector

2010-09-28 10:55:13

The Aluminum Corporation of China (Chinalco), the country's top mining company, said Monday it has signed an agreement to assume a major stake in the Jiangxi Rare Earth and Rare Metals Tungsten Group (JXTC) for 10 billion yuan ($1.5 billion).