Gome profit up 64.3%
2007-04-18 09:43:33
Gome Electrical Appliances Holding Ltd posted a net profit of 819 million yuan for 2006, up 64.3 percent from a year earlier.
Bull run refuses to flag in a market awash with cash
2007-04-18 09:39:00
The Shanghai Composite Index keeps shrugging off the nervous sentiment and marching on, crossing the 3,600-mark.
Individuals may be allowed to make direct overseas investment
2007-04-17 11:55:39
Chinese individuals may be allowed to make direct purchases of foreign stocks, funds and bonds as the country adopts a new strategy in foreign exchange management strategy.
HK launches new H-share derivative product
2007-04-17 11:53:09
The Hong Kong exchange yesterday launched the first derivative product related to the H-share financial index.
BoCom share sale approved
2007-04-17 11:50:21
Bank of Communications Co Ltd (BoCom) won regulatory approval to raise as much as $3.5 billion selling shares in Shanghai.
Southern Airlines offers 5 warrants per 10 tradable A-shares
2007-04-17 11:47:49
China Southern Airlines Co Ltd said it will offer five put warrants for every 10 tradable shares held under its State share reform plan.
Yurun eyes expansion in minor cities
2007-04-17 11:45:32
China Yurun Food Group plans to expand into less developed cities and make acquisitions as part of its strategy to capitalize on the fragmented market.
China may issue tougher overseas listing rule
2007-04-17 10:08:50
China's securities regulator may issue an unwritten rule that allows mainland-incorporated companies to list overseas only if they seek to raise over US$1 billion.
Overseas listings help swell reserves
2007-04-17 10:16:36
The explosive growth of foreign exchange reserves came from not only the trade surplus, but also the overseas stock market successes of Chinese companies and currency swaps.
CITIC Bank may raise US$5.4b in IPO
2007-04-17 10:05:04
China CITIC Bank may raise around US$5.4 billion in its dual share sale in Hong Kong and Shanghai.
CCB profit dips 1.7%
2007-04-17 07:31:29
China Construction Bank yesterday reported a 1.7 percent decline in net profit last year as its tax break lapsed.
PetroChina output climbs
2007-04-17 07:31:29
PetroChina said its oil and gas production in the first quarter of this year rose 3.7 percent to 277 million tons of oil equivalent.