Carpenter Tan plans HK public float

2009-12-09 07:57:30

Chinese comb maker Carpenter Tan is planning an initial public offering of its shares on the Hong Kong bourse, said a senior company official. "Carpenter Tan has got approval to offer shares on the Growth Enterprise Market of the Hong Kong Stock Exchange," Zhou Pei, spokesperson of Carpenter Tan Holdings Ltd

Compensation lawsuit over tainted milk postponed

2009-12-09 07:53:49

The country's first trial for civil compensation targeting tainted-milk producer Sanlu will not go ahead as scheduled today.

China Pacific may raise $3.3b in HK float

2009-12-08 08:00:01

China Pacific Insurance (Group) Co and the country's pension fund plan to raise as much as HK$25.93 billion ($3.3 billion) in a Hong Kong share sale that may be the city's second-biggest this year, four people familiar with the plan said.

Air China to launch Chengdu-Bangalore route

2009-12-07 10:56:53

Air China, the nation's largest carrier, will launch direct flight linking the southwestern city of Chengdu and Bangalore, the "Silicon Valley in India" to promote mutual exchanges in the software industry.

China Unicom to invest 1.8b yuan in Tibet's telecommunications

2009-12-07 09:27:37

China Unicom, the nation's leading telecommunications operator, announced Sunday it would invest 1.8 billion yuan ($265 million) in Tibet to upgrade the information infrastructure on the plateau.

Sinopec, ExxonMobil ink Papua New Guinea LNG deal

2009-12-04 08:05:53

China's largest refiner Sinopec Corp yesterday signed a 20-year agreement to buy liquefied natural gas from the ExxonMobil-led Papua New Guinea LNG project, in a move to meet rising domestic demand for energy.

Air China's Fan Cheng named to run Shenzhen Airlines

2009-12-04 08:05:53

Air China Vice-President Fan Cheng was named Party secretary of Shenzhen Airlines on Tuesday, according to two sources with direct knowledge of the matter, adding fuel to speculation that the world's most valuable airline would take over the Shenzhen-based carrier.

Baosteel may focus more on resources

2009-12-04 08:05:53

Baosteel Group Corp's overseas expansion plans will focus on raw materials until a "clear" picture emerges about global steel demand, the chairman of China's largest steelmaker said.

Smelters vying for Tonghua Steel

2009-12-03 10:50:24

Three of China's top steel makers are looking to purchase Tonghua Iron & Steel Co Ltd in Jinlin province, months after a Beijing company's merger of the smelter flopped due to a worker protest in July, the China Business News reported today

7 Days charts course for expansion

2009-12-03 08:06:20

Budget hotel chain 7 Days Group plans to have 1,800 hotels under its fold over the next five years by setting up more new units as part of its efforts to catch up with industry leader Home Inn, according to its founder

Agri machinery maker is ChiNext darling

2009-12-03 08:06:20

No investor would have expected a retailer of agricultural machinery to be the dark horse on ChiNext, the NASDAQ-style trading board that has remained subdued after a roller-coaster ride post-debut.

Tingyi gets nod for Taiwan share sale

2009-12-03 08:06:20

Tingyi (Caymen Islands) Holding Corp plans to raise as much as NT$17.1 billion ($532 million) in Taiwan depository receipts, the biggest offering by an overseas Taiwanese company returning to the island's stock market.