China's Huarong becoming more market orientated

2010-07-27 09:51:15

China Huarong Asset Management Corporation (Huarong), one of China's four State-owned asset management firms, is taking a more market orientated approach.

China's central SOEs donate 1.42b yuan in H1

2010-07-27 09:42:59

China's centrally administered State-owned enterprises (SOEs) jointly donated over 1.42 billion yuan ($212.53 million) for charitable work during the first half of 2010, the state assets watchdog said Monday.

Holiland looks to new strategies in online market

2010-07-26 10:51:35

When Luo Hong couldn't find a decent cake for his mother's birthday he made a rather extravagant gesture.

BaWang sues magazine for defamation

2010-07-23 16:19:13

BaWang International (Group) Holding Ltd, China's largest herbal shampoo maker, filed a complaint against Next Magazine Publishing Ltd over a report that said two of its products contain a substance that may cause cancer.

Baidu shines at Google's expense

2010-07-23 11:15:44

Baidu Inc, China's largest online search engine, has benefited from rival Google Inc's recent woes in the Chinese mainland, with its earnings and market share both rising significantly over the past three months.

Foxconn threatens to review investment in Taiwan

2010-07-23 10:32:04

The head of the Taiwan IT giant Foxconn has hit out at critics who claim the firm mistreats mainland workers and threatened to review his company's investment plans on the island.

Pipeline repaired as China works to contain spill

2010-07-22 14:35:52

China National Petroleum Corp said Thursday a vital pipeline has resumed operations after an explosion caused the country's largest reported oil spill.

Chalco, Europe's Sapa to form aluminium JV

2010-07-22 11:07:06

Aluminum Corp of China Ltd, China's biggest aluminium maker, and Europe's Sapa AB said on Wednesday they have agreed to form a joint venture to serve China's rolling stock market.

PetroChina Dalian refinery runs at normal rate

2010-07-21 14:37:36

PetroChina Co's Dalian oil refinery, the company's biggest, is operating at a normal rate even as an oil spill closed nearby berths, because the plant relies on its own docks to ensure steady crude supplies and fuel shipments.

Sinopec reports 16.74% rise in refining in H1

2010-07-21 11:41:06

China Petroleum and Chemical Corp (Sinopec), the nation's largest oil refiner, said Tuesday that it processed 101.45 million tons of crude oil in the first half of 2010, up 16.74 percent year-on-year due to strong growth of the Chinese economy.

China's Camelot Information raises $147m in US IPO

2010-07-21 11:08:40

Camelot Information Systems Inc, which helps companies install and maintain business-management software, raised $147 million in an initial public offering after selling shares at the low end of its forecast range.

Zijin shares jump in Shanghai

2010-07-20 15:09:09

Zijin Mining Group Co, China's biggest gold producer, rose by the maximum 10 percent limit in Shanghai as Great Wall Securities Co and Shenyin & Wanguo Securities Co said the company's recent losses were excessive.