Citic won't guarantee buying into Bear Stearns
2008-03-17 10:19:43
Citic Securities Co can't guarantee it will reach a final agreement to buy into US investment bank Bear Stearns after Bear's financial crisis triggered a bailout plan.
Shenhua posts 17% rise in 2007 profit
2008-03-17 16:05:05
Shenhua Energy said its 2007 net profit rose 16.6 percent as it increased coal and electricity output to meet rising domestic demand.
Ping An's refinancing plan largely supported
2008-03-17 15:06:49
International financial giants are all good at seizing opportunities when they come their way, and if Ping An has to be an international player, it has to do the same.
China Life sees 40% return in overseas stock investment
2008-03-17 15:59:03
China Life Insurance Co Ltd, the country's biggest life insurer, saw hefty returns from its overseas stock investments last year, the company said.
Sinopec denies report of projected Q1, Q2 losses
2008-03-14 15:36:01
China Petroleum and Chemical Corporation (Sinopec) has denied a report that it would probably suffer losses in the first two quarters due to high crude prices.
Pudong Development Bank plans 6b yuan bond sale
2008-03-14 14:48:53
Shanghai Pudong Development Bank Co, part owned by Citigroup Inc, plans to raise about 6 billion yuan ($846 million) selling hybrid bonds this year after loan growth drained capital.
TCL back in black for 2007
2008-03-14 13:34:19
TCL Corporation, one of China's largest consumer electronics enterprises, returned to the black last year with net profits of 396 million yuan after losing billions in 2005 and 2006.
CRCC up 12% in HK debut
2008-03-13 22:18:18
The H shares of China Railway Construction Corporation Limited (CRCC) rose 12 percent to close at HK$12 in their debut trading in the Hong Kong stock exchange Thursday.
BOC among bidders for Bank Internasional
2008-03-13 09:17:10
Bank of China (BOC) and Malayan Banking Bhd are among companies selected by Temasek Holdings Pte to bid for its controlling stake in PT Bank Internasional Indonesia.
Ping An to buy into Fortis fund management unit
2008-03-13 10:54:16
Ping An Insurance of China is reported to be in talks with Fortis over the purchase of a stake in the Belgian-Dutch financial services group's fund management unit.
China Eastern on-time performance ranks on top
2008-03-10 09:23:43
China Eastern Airlines ranked first last year in on-time performance among the three domestic airline giants, the General Administration of Civil Aviation (CAAC) said on Sunday.
China Railway shares open trade in Shanghai Monday
2008-03-10 09:41:34
Shares in China Railway Construction Corp (CRCC), the country's leading railway builder, began trading in Shanghai on Monday.