XAIC extends contract with Boeing

2010-01-27 08:02:31

Xi'an Aircraft International Corporation (XAIC) yesterday delivered the 1,500th vertical fin for Boeing's best-selling B737 aircraft and signed an extended contract to supply another 1,500 units to the US aircraft manufacturer.

BOC may float shares in Hong Kong

2010-01-26 08:03:21

Bank of China (BOC) is planning to raise additional capital by selling new shares in Hong Kong after its 40 billion yuan ($5.9 billion) convertible bond sale on the mainland, analysts said yesterday.

CNNC unit buying uranium mine stake

2010-01-26 08:03:21

CNNC International Ltd, the listed unit of China's largest nuclear power plants operator China National Nuclear Corp (CNNC), said yesterday it would buy a stake in a uranium mine in Niger from its parent for HK$414 million ($53.3 million), and fund the deal by issuing convertible notes.

SOHO China seeks M&As

2010-01-25 14:52:14

Cash-rich commercial property developer SOHO China will continue to seek merger and acquisition (M&A) opportunities in Beijing and Shanghai this year to expand its business.

CSIC posts 18.5% increase in profit in 2009

2010-01-25 11:55:03

One of China's two leading State-owned shipbuilders, China Shipbuilding Industry Corporation (CSIC), said Sunday that its profit in 2009 jumped 18.5 percent to 7.39 billion yuan ($1.1 billion).

Poly Real Estate sees profit surge on property boom

2010-01-25 11:48:51

Poly Real Estate Group Co, Ltd, China's leading property developer, estimated on Sunday its profit shot up around 50 percent in 2009 boosted by strong sales and rocketing property prices.

Yulong's niche in competitive smartphone market

2010-01-25 08:03:21

In China's mobile phone industry where domestic and foreign firms share the market, Yulong Computer Telecommunications Scientific Co and its founder Guo Deying seem a little out of kilter.

Melamine-tainted products go off shelves

2010-01-25 07:51:18

Three companies have been found selling milk products tainted with melamine, the industrial chemical responsible for the deaths of six children and injuring 300,000 in 2008.

Clients, staff protest as DDS goes bust

2010-01-25 07:51:18

The chairman of DDS, a failed courier firm in Shenzhen, Guangdong province, has been detained after hundreds of former clients and employees blocked traffic in a number of cities in Guangdong to demand the payment of outstanding debt.

Anshan Steel's Fujian deal may signal coastal move

2010-01-23 07:46:51

Anshan Iron & Steel Group, China's fourth largest steel maker, has agreed to help restructure the steel industry in Fujian province, indicating that the firm may build a new mill in the southeastern province.

HK float for Guangzhou Auto

2010-01-23 07:46:51

Guangzhou Automobile Group Co, the Chinese partner of Japanese car giants Toyota and Honda, plans to sell shares in Hong Kong, seeking foreign capital to boost its domestic expansion.

Zhanjiang Port 'seeking domestic listing'

2010-01-23 07:46:51

Zhanjiang Port (Group) Co, managing the 16th largest port in China, is seeking a domestic listing in the second half of this year, company sources said.