Everbright Securities operating income up 550%

2007-04-06 17:01:39

Everbright Securities is expected to have posted an operating income of 1.16 billion yuan (US$150 million) in the first quarter, a whopping 550 percent rise year-on-year.

Probe halts Hangxiao bull run

2007-04-06 09:54:27

The mysterious rush for Hangxiao Steel Structure's shares on the Shanghai bourse ebbed yesterday, falling by the permissible limit of 10 percent.

Plenty more holes to plug in the market

2007-04-06 09:49:58

Market regulators and officials have been shouting themselves hoarse warning investors of the risks in the stock market, but it seems to have fallen on deaf ears.

Galaxy close to completion of restructuring

2007-04-06 09:30:03

China Galaxy Securities has completed government registration for its 167 branches ahead of a possible initial public share offering.

Chongqing bank drops plan for HK IPO

2007-04-05 14:15:45

Chongqing Commercial Bank says it has abandoned plans to list in Hong Kong this year in favor of going public on one of the two Chinese mainland markets.

CICC to set up new units

2007-04-05 13:49:52

China International Capital Corp (CICC) may set up brokerage and futures units to boost profit after a lack of services eroded earnings last year.

CITIC Bank kicks off IPO roadshow

2007-04-05 09:38:41

China CITIC Bank Corp Ltd began marketing its Shanghai and Hong Kong initial public offering (IPO) of 7.2 billion shares yesterday.

Huaneng profit climbs

2007-04-05 09:46:12

Huaneng Power International Inc, China's largest listed power producer, posted a net profit increase of 16.5 percent in 2006.

NASDAQ to launch China Index

2007-04-05 09:33:36

The Nasdaq Stock Market Inc will introduce the NASDAQ China Index in the second quarter of the year to track the performance of Chinese companies listed in the United States.

ICBC profit shoots up 31.2%

2007-04-04 09:06:01

The Industrial and Commercial Bank of China (ICBC) yesterday reported a 31.2 percent jump in its 2006 profit.

Dabao sale inflames debate over local brands

2007-04-04 09:13:49

The 2.3-billion-yuan acquisition of Chinese cosmetics firm Dabao is set to be the biggest in the industry by value, and the successful bidder is likely to be announced soon.

Nasdaq hunting for business in China

2007-04-04 15:02:56

With a total of 40 Chinese companies now listed on the US Nasdaq exchange, representatives of the companies met with Nasdaq CEO Robert Greifeld in Beijing on Tuesday to celebrate.