Gemdale sales volume up 86% in 7 months

2009-08-10 15:54:59

China's Gemdale Group, a leading property developer, announced Saturday its sales volume had surged 86.22 percent year-on-year in the first seven month of 2009 to 11.05 billion yuan ($1.62 billion).

Lenovo posts $16.01m net loss

2009-08-06 12:02:32

Lenovo Group, the world's fourth largest personal computer (PC) maker, reported a net loss of $16.01 million, or 0.18 cents per share, for its fiscal first quarter ending June 30.

Ctrip Q2 net profit soars 33%

2009-08-06 08:05:12

Ctrip.com International Ltd, a leading travel service provider for hotel accommodations, airline tickets and packaged tours in China, yesterday said its second quarter net profit rose 33 percent year on year.

TPAIC 1st local firm to buy carbon credits

2009-08-06 08:05:12

Tianping Auto Insurance Co (TPAIC), a Shanghai-based insurance company, yesterday purchased 8,026 tons of carbon credits generated from a public green commuting campaign carried out during last year's Beijing Olympics.

Xiaonei opens the campus gates to everybody

2009-08-05 14:53:14

Xiaonei, a well-known Chinese social networking site modeled on Facebook changed its name to Renren on Tuesday in an effort to broaden its appeal beyond its current audience of mostly college students.

Gome back on track with refinancing deal

2009-08-05 07:51:12

Gome, dubbed as China's Best Buy, is right on track for strengthening competitiveness and corporate governance to lead China's consumer electronics market.

China Southern Airlines opens Dhaka-Guangzhou flight

2009-08-03 14:41:52

China Southern Airlines Company Limited opened Dhaka-Guangzhou flight on Sunday. A Boeing 737-800 arrived in Bangladesh's capital Dhaka on Monday.

Air China forecasts profits in H1

2009-08-03 11:32:00

Air China is expecting profits in the first half of this year, an unidentified official of the company told Xinhua over the weekend.

China Mobile sharply cut international fares

2009-07-31 16:53:49

China Mobile recently announced several international long-distance calling packages offering lower rates for calls to 18 countries and regions in Asia, Europe, North America, and Australia on Thursday.

China Development Bank opens first overseas branch in HK

2009-07-30 13:19:53

The China Development Bank (CDB) opened its first branch outside the Chinese mainland in Hong Kong on Wednesday and will set up offices in Russia and Egypt by the end of the year.

China's Baidu says Q2 profit up 53%

2009-07-25 10:56:36

Baidu.com, China's search engine portal, said Friday its second quarter profit surged 53 percent year-on-year to 422.8 million yuan ($62.18 million) back by active online marketing.

Hisense profit up 87.9% due to flat-panel TV sales

2009-07-22 17:03:24

Hisense Electric Co Ltd, one of China's leading electronics and household appliances producers, said its profit rose nearly 90 percent in the first half of this year due to booming flat-panel TV sales.