BOC profit rockets 65%

2007-03-23 09:11:51

Bank of China (BOC) said yesterday its 2006 net profit soared 65 percent, on strong operating income and reduced taxes.

China Post not to stay in hotels

2007-03-23 09:03:30

Moving aggressively to disengage from its hospitality business, China Post Group is trying to concentrate more on its core business.

Shenzhen Development Bank profit up 319%

2007-03-22 14:16:26

Domestic-listed Shenzhen Development Bank reported its net profits up 319 percent to reach 1.3 billion yuan (US$167 million) last year.

Vodafone to retain stake in China Mobile

2007-03-22 14:00:21

Vodafone Group Plc, the world's biggest mobile phone firm by revenue, does not intend to sell its stake in Hong Kong-listed China Mobile Ltd.

Jingkelong sees profit up

2007-03-22 13:48:23

Beijing Jingkelong Co, a Hong Kong-listed chain retailer, said its 2006 profit rose 33 percent as rising incomes spurred spending.

Alumina price raised again

2007-03-22 09:36:54

Aluminum Corp of China Ltd raised its alumina spot price by 8.3 percent to 3,900 yuan (US$505) per ton.

Shares of Intime Department Store soar in solid HK debut

2007-03-22 09:34:13

Shares in retailer Intime Department Store rose 13.2 percent in their market debut in Hong Kong on March 20.

CITIC Bank plans dual listing

2007-03-22 09:27:28

China CITIC Bank may offer 60 percent of its planned US$3 billion initial public offering in Hong Kong and the remainder in Shanghai.

CNOOC expects listing nod this year

2007-03-22 09:20:06

China's top offshore oil company CNOOC is confident that once technical difficulties are overcome, it's possible for the red-chip firm to float A shares this year.

China Mobile sees profit surge

2007-03-22 09:09:50

China Mobile, the world's largest mobile phone operator by users, yesterday posted a 23 percent jump in net profit for 2006.

ABC cleared as fund manager

2007-03-22 09:00:37

The Agricultural Bank of China (ABC) has received official approval from the government to set up its own fund management firm.

Central banker sees no exacerbated inflation in near future

2007-03-21 16:04:17

Inflation in China is not to increase significantly over the medium term, said Zhou Xiaochuan, governor of the People's Bank of China.