Media company to list in Shenzhen

2007-11-03 10:06:57

Guangdong China Sunshine Media Co Ltd will float 70 million A shares in Shenzhen exchange on Monday.

PE fund scouts for more deals

2007-11-03 09:58:09

China's first private equity (PE) fund is expected to make more investments in local companies after it sealed its debut deal on Friday.

Airline stocks nosedive on oil price hikes

2007-11-02 15:08:12

Airline stocks plunge following last week's sharp surge in global oil prices.

CITIC Securities in tie-up with Bear Stearns

2007-11-02 15:54:59

China CITIC Securities announced on Friday that it has reached a preliminary strategic collaboration agreement with US investment bank Bear Stearns.

Hainan Airlines' management change leads to speculation

2007-11-02 14:51:08

The resignation of HNA Group's chairman has caused some to speculate that Hainan Airlines Co may quit the stock market.

Mainland firm acquires stakes in Golden Harvest

2007-11-02 10:11:42

The mainland-based Chengtian Entertainment Group paid HK$202 million for a 24.78 percent stake in Golden Harvest Group, becoming the first mainland company to acquire a major interest in a Hong Kong-listed company.

PetroChina's A shares to start trading on November 5

2007-11-02 10:56:21

The A-shares of PetroChina Company Limited are expected to start trading on the Shanghai Stock Exchange on November 5, the company said in an announcement on Thursday.

Air China to issue 400b shares to fund more aircraft

2007-11-02 08:55:10

Air China announced Thursday plans to issue up to 400 million A-shares to raise funds to purchase aircraft and replenish its working capital.

PE fund to make debut

2007-11-02 09:55:06

Bohai Industrial Investment Fund, the nation's first private equity firm, will make its debut investment today, a milestone for the nation's fledgling PE sector.

Lenovo profit triples in Q3

2007-11-02 10:21:32

The billboard of Lenovo mobile phone on a Shanghai street. The world's third-biggest PC maker tripled fiscal second-quarter profit after reducing jobs and winning market share. [newsphoto]

BOC profits up 40% in 1st nine months

2007-11-01 14:33:29

Bank of China (BOC) said its after-tax profits rose by 40 percent to 45.5 billion yuan in the first nine months of the year.

Freight costs fuel COSCO earnings

2007-11-01 13:41:01

China COSCO Holdings yesterday posted net profit of 664.09 million yuan for the third quarter, mainly fueled by rising freight costs and a steady increase in demand.