China Minmetals invests in Indian JV
2008-03-05 10:47:32
State-owned metals trader China Minmetals Corp yesterday said it has set up an iron and steel joint venture in India, the first major Chinese investment in the country's steel industry.
Dongfeng Motor plans joint venture
2008-03-05 11:07:33
Dongfeng Motor Corp will form a joint venture to speed up its passenger car business, paving the way for further consolidation of China's massive auto industry.
HK shares trading under assession
2008-03-04 19:59:11
Officials with the securities watchdog quashed the rumor China had dropped the scheme allowing mainland investors to tap the Hong Kong stock market on Monday.
Financial stocks drag down key index
2008-03-05 10:16:23
Sharp falls in banking and financial stocks dragged down yesterday's lead indicator, as the Shanghai Composite Index fell 2.32 percent, or 102.82 points, to close at 4335.45.
ICBC completes South Africa deal
2008-03-04 16:52:53
The Industrial and Commercial Bank of China (ICBC) Tuesday announced it has taken a 20-percent stake in a South African bank.
SPDB to negotiate with Citigroup on stake increase
2008-03-04 17:52:50
Shanghai Pudong Development Bank (SPDB) plans to negotiate with Citigroup to increase its stake in the Chinese lender, SPDB chairman said today.
China Eastern persistent in seeking strategic investors
2008-03-04 15:17:35
China Eastern Airlines Corp will continue seeking strategic investors to make its air transport business more competitive, said the company's vice president Li Jun on Monday.
Minsheng Bank reports 68.6% increase in net profit
2008-03-04 11:34:56
China Minsheng Banking Corp's net profit jumped 68.6 percent year on year in 2007 to 6.3 billion yuan ($886 million), the lender announced on Monday.
Changes in wheat futures
2008-03-04 10:26:34
Zhengzhou Commodity Exchange has made fundamental changes to the terms of its hard wheat futures contracts to conform to the newly issued national standard for the grain.
Proposal to allow PE investment by insurers
2008-03-04 09:56:12
A CPPCC member has proposed the industry regulator allow insurers to undertake private equity investment in order to spread their risks.
Economist: Stock market not to turn bearish
2008-03-03 13:35:37
China's stock market will not turn bearish, said renowned Chinese economist Li Yining ahead of the annual session of the country's top advisory body.
Average net profits of listed SMEs up 40%
2008-03-02 10:05:20
China's Shenzhen-listed small and medium-sized enterprises posted average net profits of 85.6 million yuan ($12 million) in 2007, up 40 percent over a year earlier.