Sinopec to start on gas line

2007-07-26 08:39:12

The planned pipeline to deliver natural gas from Sichuan to eastern China will start construction next month, an exclusive source from Sinopec said to China Daily yesterday.

Gas firm to buy Newbridge stake in unit

2007-07-25 12:48:29

Xinjiang Guanghui Industry Co said its shareholders had approved a plan to buy back a 24.99 percent stake in a natural gas subsidiary from U.S. investment firm Newbridge Capital.

Guangzhou Shipyard sees net up sharply

2007-07-25 09:00:27

Shipbuilder Guangzhou Shipyard International Co. said yesterday it expected a more than 450 percent jump in its net profit in the first half of this year compared with a year earlier.

CITIC Securities profit surged

2007-07-25 08:44:07

CITIC Securities, China's largest listed brokerage, said yesterday that its net profit in the first half of this year is expected to rise more than 5.5 times over the previous year.

Yangtze Power to sell corporate bonds

2007-07-24 11:24:57

China Yangtze Power Co plans to sell 8 billion yuan in corporate bonds domestically to buy generators, Caijing magazine said, without citing sources.

Locomotive seeks IPO next year

2007-07-24 11:21:09

China Southern Locomotive & Rolling Stock Industry  plans to raise at least $2.5 billion in an initial public offering next year, the South China Morning Post reported.

Eastern Airlines to buy 10 A320s

2007-07-24 08:55:27

China Eastern Airlines Corp Ltd, the nation's third-largest carrier, yesterday announced that it will buy 10 Airbus A320 series aircraft to meet the increasing domestic demand.

Taiwan's Grace plans Shanghai IPO

2007-07-24 08:36:58

Taiwanese-invested electronics and plastics company Grace THW Group plans to list its epoxy business on the Shanghai stock market next year.

50 securities dealers' profits rise 411% in 1st half

2007-07-23 08:50:46

The red-hot stock market pushed total profits of China's 50 securities dealers up by four times in the first half of the year, the Shanghai Securities News reported.

China Minsheng still plans HK listing

2007-07-20 08:51:49

China Minsheng Banking Corp's board will decide on a Hong Kong listing plan in the next couple of months, the bank’s president said Thursday.

Guotai Jun'an profit rises

2007-07-20 08:47:29

Guotai Jun'an Securities posted a fivefold gain in profit in the first half of this year, boosted by a rise in trading volumes in a booming stock market.

Brokers post rising profit

2007-07-19 12:50:40

GF Securities Co, China's fifth-largest brokerage, and BOC International (China) Ltd posted soaring first-half profits yesterday, buoyed by rising stock market trading.