China Life sees 40% return in overseas stock investment

2008-03-17 15:59:03

China Life Insurance Co Ltd, the country's biggest life insurer, saw hefty returns from its overseas stock investments last year, the company said.

Pudong Development Bank plans 6b yuan bond sale 

2008-03-14 14:48:53

Shanghai Pudong Development Bank Co, part owned by Citigroup Inc, plans to raise about 6 billion yuan ($846 million) selling hybrid bonds this year after loan growth drained capital.

TCL back in black for 2007

2008-03-14 13:34:19

TCL Corporation, one of China's largest consumer electronics enterprises, returned to the black last year with net profits of 396 million yuan after losing billions in 2005 and 2006.

CRCC up 12% in HK debut

2008-03-13 22:18:18

The H shares of China Railway Construction Corporation Limited (CRCC) rose 12 percent to close at HK$12 in their debut trading in the Hong Kong stock exchange Thursday.

BOC among bidders for Bank Internasional

2008-03-13 09:17:10

Bank of China (BOC) and Malayan Banking Bhd are among companies selected by Temasek Holdings Pte to bid for its controlling stake in PT Bank Internasional Indonesia.

Ping An to buy into Fortis fund management unit

2008-03-13 10:54:16

Ping An Insurance of China is reported to be in talks with Fortis over the purchase of a stake in the Belgian-Dutch financial services group's fund management unit.

China Eastern on-time performance ranks on top

2008-03-10 09:23:43

China Eastern Airlines ranked first last year in on-time performance among the three domestic airline giants, the General Administration of Civil Aviation (CAAC) said on Sunday.

China Railway shares open trade in Shanghai Monday

2008-03-10 09:41:34

Shares in China Railway Construction Corp (CRCC), the country's leading railway builder, began trading in Shanghai on Monday.

Railway firm bucks IPO trend

2008-03-07 09:28:31

China Railway Construction Corp raised the maximum HK$18.3 billion sought in a Hong Kong initial stock sale, sources said.

Online clothing retailer plans US listing

2008-03-07 09:37:09

Online clothing retailer PPG said yesterday it plans to list in the US toward the end of this year or in early 2009, either on the New York Stock Exchange or the NASDAQ.

Port of Qingdao plans A-share listing

2008-03-06 11:56:48

Port of Qingdao (Group) Co Ltd will hold its A-shares initial public offering (IPO) this year, board chairman and president Chang Dechuan said.

BOC cuts subprime securities

2008-03-06 11:19:46

Bank of China Ltd (BOC), the Chinese lender with the largest portfolio of subprime-related investments, has sold some of those securities, Chairman Xiao Gang said.