Chalco says not involved in reported bid for BHP stake

2008-04-10 16:52:18

Aluminum Corp of China Ltd (Chalco) said it is not involved in a reported bid by Chinese entities to take a 9 percent stake in Anglo-Australian miner BHP Billiton.

BNP Paribas to double mainland team in 3 years

2008-04-09 10:08:18

French banking giant BNP Paribas SA said it planned to double its workforce in the burgeoning mainland market in three years.

Sinopec to diversify after posting loss

2008-04-08 10:22:23

Top Asian oil refiner China Petroleum & Chemical Corp (Sinopec) said yesterday it will diversify production as it tries to mitigate the impact of rising prices.

COSL wins Indonesian drilling fluids service contract

2008-04-08 10:09:39

China Oilfield Services Limited announced it had won a letter of intent for a three-year drilling fluids service contract in Indonesia worth "several million" dollars.

Sinopec's 2007 net profit up 5.5%

2008-04-07 10:01:22

Net profit at Sinopec Corp, Asia's biggest oil refiner, rose 5.5 percent to 56. 53 billion yuan ($8.1 billion) in 2007, said the company on Sunday.

Lehman Brothers examines China growth options

2008-04-03 10:28:38

Lehman Brothers, a noted US investment bank, is looking at expanding its business in China, an executive said on Wednesday.

China QDII funds under-performed benchmarks last year

2008-03-31 17:19:06

China's four stock-oriented qualified domestic institutional investor (QDII) funds have all reported big losses last year.

Chinese funds see profits surge

2008-03-31 15:26:31

Altogether 341 funds reported total profits of 1.12 trillion yuan last year, 314 percent up from the previous year, according to annual reports disclosed by 58 fund companies.

Baosteel's net profit slows down

2008-03-28 09:16:30

Shares of Baosteel plunged 8.99 percent yesterday, after it posted a drop in net profit growth of 2.74 percent for 2007, according to a statement to the Shanghai Stock Exchange.

Pacific Insurance drops below IPO price

2008-03-27 09:39:34

China Pacific Insurance became the first major share to fall substantially below its IPO price since a suspension of IPOs was lifted in mid-2006.

Hainan Airlines quadruples profit in 2007

2008-03-26 09:35:19

Hainan Airlines, China's fourth biggest carrier, said Tuesday its net profit almost quadrupled last year, buoyed by a booming domestic industry and the stronger Chinese currency.

Air China may make Shanghai Air bid after China Eastern snub

2008-03-25 11:33:28

Air China has started talks with Shanghai Airlines Co and may bid for a stake to expand in the country's commercial capital after its first choice, Eastern Airlines, spurned a tie-up.