CBRC: Rural cooperatives should serve rural interests

2007-07-16 14:44:56

Despite different equity forms, rural cooperative financial institutions must faithfully serve the agricultural industry, the countryside and farmers, said deputy chairman of the CBRC.

Two city-level Chinese commercial banks set IPO prices

2007-07-16 10:40:12

The Bank of Nanjing and the Bank of Ningbo, the first two small commercial banks to go public at home, have announced their prices for initial public offerings.

Freeze on Hangxiao trading continues

2007-07-12 07:50:04

Shares of Hangxiao Steel will continue to remain suspended today pending a stock exchange decision.

CICC profit jumps

2007-07-12 10:13:59

China International Capital Corp (CICC) posted an almost threefold jump in profit in the first half.

Bank of Ningbo sets IPO price range

2007-07-12 09:41:36

Bank of Ningbo said it has set the price range for its initial public offering (IPO) in Shenzhen at 8.00-9.20 yuan (US$1.06-1.22) per share.

Bank of Nanjing sets IPO price range

2007-07-12 09:31:37

Bank of Nanjing said it has set the price range for its initial public offering (IPO) in Shanghai at 9.8-11 yuan (US$1.29-1.45) per share.

Southern Airlines to purchase 45 aircraft

2007-07-11 15:07:51

China Southern said it would buy 20 A320s from Airbus and 25 B737-800 aircraft from Boeing at a total cost of 23.5 billion yuan.

Vanke to develop more shopping malls

2007-07-11 09:12:01

China Vanke Corp said it signed an agreement with a unit of Singapore's CapitaLand Ltd to build shopping malls in the world's fastest-growing consumer market.

Zinc producer to invest in property project

2007-07-11 08:57:06

Zhongjin Lingnan Nonfemet Co said it will invest in a real estate project in Tianjin to benefit from rising property prices and boost profit.

Hangxiao suspends trading over hampered contract reports

2007-07-10 13:50:05

Trading in Hangxiao Steel Structure was suspended Monday as the company was obliged to clarify media reports saying its contract with Angola was under reconsideration.

Hong Yuan says H1 profit may surge 22-fold

2007-07-10 12:56:13

Hong Yuan Securities Co said its first-half profit will probably surge 22-fold, boosted by higher transaction fees amid a stock market rally, Bloomberg News reported today.

Brokers gearing up for IPOs

2007-07-10 09:36:43

Orient Securities Co and Everbright Securities Co are preparing to sell stock to the public, the two companies said in separate statements in the Oriental Morning Post.