Hanwang to triple sales of e-readers
2010-05-11 10:48:12
China's biggest e-reader maker Hanwang expects its reader shipments to triple this year on growing demand, but may see its market share and margins fall on intensifying competition, the company's chairman said.
Taobao, Yahoo Japan set to form huge online partnership
2010-05-11 10:18:22
China's largest online shopping platform, Taobao.com, and Yahoo Japan Corp will partner to launch two online platforms to allow vendors to sell in each other's markets in an effort to build the biggest online shopping marketplace in the world.
CNOOC to focus on deep-water resources exploitation, new energy
2010-05-11 09:28:07
China National Offshore Oil Corporation (CNOOC), China's largest offshore oil producer, is to step up deepwater exploration of oil and gas resources, while developing clean and low-carbon energies, company president Fu Chengyu said Monday.
Lenovo to take on the big boys with LePhone
2010-05-11 09:09:50
"I am convinced that Lenovo's latest smartphone, LePhone, will be a success in the Chinese market," said Liu Chuanzhi, chairman of Lenovo Group.
Poly Real Estate's sales up 16% in first four months
2010-05-10 14:23:28
The Poly Real Estate Group, China's second largest property developer by market value, said Sunday its contracted sales volume in January-to-April period totaled 12.22 billion yuan ($1.79 billion), up 16.21 percent year-on-year.
Mainland's Haier start JV with Taiwan firm
2010-05-08 14:45:03
The Haier Group, the largest white goods producer on the Chinese mainland, plans to set up a joint venture with Taiwan's AU Optronics Corporation (AUO), a leading LCD panel maker, to manufacture LCD TV modules.
Tian Yuan puts off its $450m Hong Kong IPO
2010-05-08 09:21:24
Chinese iron ore producer China Tian Yuan Mining Ltd postponed its $450 million Hong Kong initial public offering (IPO) on Friday, a day after Swire Pacific called off its planned $2.7 billion property IPO due to global market turmoil.
Hangzhou Airport resumes IPO work
2010-05-07 10:16:09
Hangzhou Xiaoshan International Airport is seeking to build a regional aviation hub as well as pursue an initial public offering (IPO), a top company executive said.
Taizinai says Deloitte never provided auditing report
2010-05-06 17:05:53
A Deloitte report which was used as the main evidence in a Cayman Islands court ruling on the liquidation of Chinese dairy group Hunan Taizinai Group is not legally valid, cb.com.cn reported Thursday.
Evergrande leads in cutting property prices
2010-05-06 12:21:53
Chinese developer Evergrande Real Estate Group on Thursday started to offer a 15 percent discount on prices of its 40 property projects across the country to promote sales amid government tightening measures to cool down the red-hot sector, Shanghai Securities News reported.
Baosteel uses temporary pricing to import ore
2010-05-06 10:05:20
Baosteel, China's largest steelmaker, also the chief negotiator of the country's iron ore talks, is importing iron ore from top global miners on a temporary price basis.
Air China sees 549m yuan tax-exemption saving
2010-05-06 09:48:24
Air China Ltd, the nation's largest international carrier, said it may save 549 million yuan ($80 million) after the government announced a business-tax exemption for overseas flights and shipping services.