High spirits at Moutai

2007-04-04 09:37:37

Kweichow Moutai Co posted a 32-percent gain in fourth-quarter profit on rising incomes that enabled people to drink more high-end liquor.

CITIC Bank A-share IPO plan approved

2007-04-03 16:26:47

The China Securities Regulatory Commission said it has approved the A-shares initial public offering (IPO) plan of China CITIC Bank.

Coal miner eyes HK listing

2007-04-03 13:51:03

Sichuan-based Yongchuang Coal aims to raise up to $1.5 billion in an initial public offering in Hong Kong later this year.

Baosteel appoints new chairman

2007-04-03 13:43:30

Former Baoshan Iron and Steel president Ai Baojun has been elected to replace Xu Lejiang as chairman, and Fu Zhongzhe elected as its new general manager.

China raises more fund through IPOs than US

2007-04-03 09:18:18

Funds raised through initial public offerings (IPOs) in the Chinese capital market last year exceeded that in the United States.

CNPC boosts offshore projects

2007-04-03 09:01:15

China's top oil company China National Petroleum Corp (CNPC) will make a huge investment to tap offshore reserves this year, with Bohai Bay its priority.

Acquisition to power Datang capacity

2007-04-03 08:54:03

Datang International Power Generation Co Ltd, the second-largest Chinese power generator listed in Hong Kong, will buy a power company to boost its capacity.

Fortune Securities to buy 67% of China Euro

2007-04-02 14:52:27

CLSA Ltd's mainland investment-banking unit said yesterday that its Chinese shareholder has changed for the second time in nine months.

Ministry of Finance to sell US$6.5b bonds

2007-04-02 13:47:04

The Ministry of Finance said it plans to sell 50 billion yuan (US$6.5 billion) worth of three-year and five-year bonds to domestic investors.

Nation to loosen restrictions on QDII overseas investment

2007-04-02 09:13:06

China plans to loosen restrictions on qualified domestic institutional investor (QDII) investment targets so that they can invest in new sectors.

Blue chips likely to shore up rise

2007-04-02 08:35:57

Shares may continue to inch up this week as blue chips such as financial counters are likely to be chased on their earnings prospects.

Country Garden sells shares in Hong Kong

2007-03-30 14:51:38

Country Garden Holdings Co, a mainland property developer, may raise as much as HK$12.9 billion from its first public share sale.