Huijin buying 38.8% in New China Life
2009-11-20 08:08:39
Central Huijin is buying a 38.8 percent stake in New China Life Insurance Co Ltd from Insurance Protection Fund, the latter said in a statement yesterday.
CIC to buy 20% stake in GCL-Poly
2009-11-20 08:08:39
CIC, the nation's sovereign wealth fund, said yesterday it would spend HK$5.5 billion to buy a 20 percent stake in GCL-Poly Energy Holdings Ltd, the first time it has invested in a domestic renewable energy company.
Minsheng raises $3.88b from public float
2009-11-20 08:08:39
China Minsheng Banking Corp, the nation's first privately owned lender, raised HK$30.1 billion in Hong Kong's biggest public share sale since April 2007, three people familiar with the matter said.
Qatar, CNOOC to build $5.8b petrochem plant in Hainan
2009-11-20 08:08:39
Qatar Petroleum International plans to build two petrochemical plants costing about $9.8 billion in Asia by 2015 to tap demand in the world's fastest-growing region.
CNPC stepping up natural gas supply
2009-11-20 08:08:39
CNPC, the country's largest oil and gas producer, yesterday said it is supplying record volumes of natural gas to meet rising demand triggered by falling temperatures.
CNPC to raise gas supply in cold weather
2009-11-19 11:13:56
China National Petroleum Corporation (CNPC), the country's leading oil and gas producer, said it has taken active measures to raise gas supply and meet rising market demand triggered by heavy snows and falling temperatures.
China Mobile preparing for int'l board listing
2009-11-19 10:34:59
The preparation for the possible listing of China Mobile on the awaited international board of the Shanghai Stock Exchange has been kicked off, company chairman Wang Jianzhou said Wednesday.
Gome expects better full-year profit
2009-11-19 08:07:09
Gome Electrical Appliances Holdings Ltd yesterday said it expects to come in with better full year numbers and open more outlets next year, as the electronics retailer continued to benefit.
Phone giant bullish on 3G adoption
2009-11-19 08:07:09
China Mobile said yesterday that 3 million users were likely to subscribe to its 3G service by year-end and that the company was still in talks with Apple Inc to sell iPhones in China.
Hanwang eyes big e-reader market
2009-11-18 16:23:55
Hawang Technology surpassed Sony in monthly sales to become the world's second largest e-reader producer after Amazon.com since September this year.
Merchants Securities makes weak debut
2009-11-18 07:58:13
China Merchants Securities rose 8.42 percent on its debut at the Shanghai stock exchange yesterday, the weakest opening in three years on the domestic bourse.
BOC, ICBC considering branches in Taiwan
2009-11-18 07:58:13
BOC and ICBC are vying to be the first of the mainland's lenders to open branches in Taiwan after the two sides agreed to widen access to each other's financial industries.