Hongyuan entitled first-tier securities firm

2007-03-20 16:48:34

The Securities Association of China (SAC) announced that Hongyuan Securities has received approval to enter the first-tier list of securities firms in China.

Carlyle reduces Xugong bid again

2007-03-20 13:28:46

US private equity firm Carlyle Group has again agreed to cut its offer for Xugong Group Construction Machinery Co Ltd.

PetroChina to dispose of stake

2007-03-20 11:42:45

PetroChina is to transfer its stake in an oil trading subsidiary through a connected transaction with its parent firm.

Minsheng profit up, finalizes private placement deal

2007-03-20 10:55:08

China Minsheng Banking Corp said yesterday its net profit surged 43 percent last year to 3.83 billion yuan (US$495 million).

China Netcom looks to corporate clients

2007-03-19 13:27:41

China Netcom may seem increasingly vulnerable when voice goes mobile and price wars are rampant in the telecom industry.

China to open financial sector further

2007-03-18 09:30:55

China will further open its financial sector in "an active and safe" way, the country's central bank promised.

VC investment continues to boom

2007-03-18 09:28:20

High returns and preferential policy will help push China's venture capital (VC) investment to a new high.

Nation lifts ban on power projects

2007-03-18 11:37:13

China's top environmental watchdog has lifted a ban on approving projects for two of the country's five biggest power suppliers.

CITIC Securities profit up 6 fold

2007-03-16 14:36:40

CITIC Securities Co said its profit rose almost six fold last year as stock trades boomed amid a soaring market.

Haier joins venture for HDTV sales

2007-03-16 14:54:12

Haier Group Co has partnered with Shanghai Interactive Television to tap the nation's booming high-definition TV market.

China Mobile dials mainland bourse

2007-03-16 10:18:18

China Mobile, the world's largest cellphone company in terms of user numbers, may float shares on the mainland this year.

Sinopec to buy filling stations in HK

2007-03-16 10:14:31

China's top refiner Sinopec plans to acquire filling stations and petroleum assets in Hong Kong to become a first-tier oil retailer there.