SouFun seeking US IPO

2009-12-02 16:58:10

SouFun Holdings, China's largest real estate website, is striving for an initial public offering (IPO) in the US capital market in the first half of 2010, sources told China Daily yesterday.

Haier brings white goods operations under Shanghai umbrella

2009-12-02 08:04:07

White goods maker Haier is consolidating its home appliance business by integrating its two subsidiaries listed in Shanghai and Hong Kong, said company executives yesterday.

Zijin Mining sets sights on Indophil

2009-12-02 08:04:07

Chinese miner Zijin Mining Group has made a $498 million takeover offer for Indophil Resources NL of Australia, a deal that would significantly bolster its gold and copper reserves and support raw material requirements for its 200,000 tons of copper smelting project.

Zijin Mining vows to take over Indophil

2009-12-01 17:36:56

Zijin Mining Group Co, China's largest gold producer and third-largest copper producer, announced Tuesday that it would pay A$545 million ($500 million) to take over Indophil, an Australian gold and copper company.

Peking Roast Ducks available through mouse clicks

2009-12-01 15:09:55

An online store devoted to promoting historic Beijing brands sells everything from Peking Roast Ducks to traditional Chinese medicine (TCM), and probably can have it all delivered, as well.

Yunnan Copper mulls Kazakh buy

2009-12-01 09:28:03

Yunnan Copper Co, China's third-largest copper producer, is thinking of acquiring a copper mine in Kazakhstan next year, the company's general manager Yang Chao told China Daily in an exclusive interview.

Wugang to pay $400m for stake in MMX

2009-12-01 08:02:27

Steelmaker Wuhan Iron & Steel Group (Wugang) is acquiring a 21.52 percent stake in Brazilian iron ore miner MMX Mineracao e Metalicos SA for $400 million to bolster its iron ore supplies

China Mobile moves to fight porn criticism

2009-12-01 07:59:06

Cell phone giant China Mobile has frozen contracts with its mobile Internet partners in order to stem criticism that pornography was being sold through its network.

Bottler refutes tainted claim

2009-12-01 07:59:06

Nongfu Spring Co yesterday refuted the claim by Haikou city officials that two of its beverages were contaminated with the toxic chemical arsenic, and complained about the way local officials have handled the entire episode.

Sinosteel taps Turkish market

2009-11-30 09:53:20

With competitive prices and improved quality, China's steel giant Sinosteel Corporation is exploring the market potential in Turkey's steel industry as an equipment provider and contractor.

China State Construction not exposed to Dubai debt crisis

2009-11-28 17:25:09

China State Construction Engineering Corp (CSCEC), the largest contractor in China, said Saturday that it had "no business relations" with the troubled Dubai World and its business in the Emirate would not be affected.

China Pacific gets nod for public float

2009-11-28 07:27:47

China Pacific Insurance Co Ltd on Friday got the green light from Hong Kong Stock Exchange for its $3.4 billion share float in Hong Kong.