Several online retailers suspend delivery services
2010-02-12 10:08:01
Ahead of the Spring Festival, some Chinese e-shopping enthusiasts are in a panic over the suspension of delivery services due to the national holiday.
Airlines slash prices as high-speed trains prove popular
2010-02-11 11:14:49
China Southern Airlines Co, the nation's largest carrier, and Air China Ltd are slashing prices to compete with the country's new high-speed trains in a battle that Europe's airlines have largely already ceded.
Dairy consolidation moves gather pace
2010-02-11 11:05:20
New Hope Dairy, a wholly owned subsidiary of New Hope Group, said it had acquired full ownership of Anhui Purity Dairy Co Ltd yesterday after buying the remaining 41 percent stake in the company.
Air China orders 20 A320s for $1.63b
2010-02-11 10:47:19
Air China, one of the three major civil aviation companies in the country, said Thursday that it has ordered 20 Airbus A320 planes to promote its fleet capacity on growing demand.
SMIC to upgrade facilities in profit hunt
2010-02-11 09:33:09
Semiconductor Manufacturing International Corp (SMIC) said yesterday that it plans to significantly boost its capital spending this year to upgrade its current facilities in an effort to improve competitiveness and return to profit.
Bus Online denies report
2010-02-10 09:30:57
A top official from Bus Online Holdings yesterday denied media reports that a consortium led by Walt Disney was in talks to buy a stake in it.
China First Heavy Industries breaks IPO price
2010-02-09 11:10:30
China First Heavy Industries (CFHI), a leading heavy industry manufacturer, opened at 5.48 yuan ($0.8) per share for its debut at the Shanghai Stock Exchange, breaking its initial public offering (IPO) price.
China Eastern Airlines in search for new investors
2010-02-09 09:15:57
China Eastern Airlines, the nation's second largest carrier by fleet size, said it has rolled out the red carpet for potential strategic investors after completing a merger with former local rival Shanghai Airlines.
Hengrui Medicine posts soaring net profit in '09
2010-02-08 14:24:26
Jiangsu Hengrui Medicine Co, China's largest manufacturing base of antineoplastics and the nation-appointed stupefacient manufacturer, said Monday its net profit in 2009 surged 59.16 percent year-on-year.
Huatai Securities expects to launch IPO at 20-22 yuan
2010-02-08 14:22:04
China's Huatai Securities Co Ltd, expects to launch IPO in Shanghai Exchange at between 20 to 22 yuan ($2.93 to 3.22) per share, the company said Monday.
Steel industry to continue restructuring
2010-02-08 11:50:44
China is to speed up restructuring in the steel sector, supporting the development of three to five major steel enterprises in an effort to address the long-standing problems of overcapacity and low industry concentration.
China's Vanke posts soaring sales in Jan
2010-02-05 16:09:24
China Vanke Co, Ltd, the country's largest property developer by market value, said Friday its revenue from total floor space sold in January surged 185.9 percent year on year.