Key index falls to 3-month low

2007-11-27 16:53:54

Jittery Chinese investors continued to dump their shares on Tuesday, sending a key stock index down to its lowest level in more than three months.

BOC shares skid after Temasek stake sale

2007-11-27 14:48:13

Bank of China's shares slid 9.4% on Tuesday after Temasek Holdings shed a US$567 million stake amid market worries over the lender's exposure to the US subprime crisis.

New telecom deal signed

2007-11-27 09:52:40

France's Alcatel-Lucent yesterday signed a 750 million euro deal with China's two major cell phone operators.

Store chain deal sealed

2007-11-28 10:14:00

Bright Dairy & Food Co Ltd has completed transfer of all of its 81 percent stakes in Shanghai Kedi Convenience Store.

Lenovo plans first Europe factory

2007-11-28 10:10:20

Computer maker Lenovo Group will set up a plant in Poland, its fifth new facility this year, as the Beijing-based firm tries to grow its business in Europe.

Huaneng fires up projects

2007-11-28 09:11:46

China Huaneng Group, the nation's largest electricity producer, has fired up coal and power projects worth 30 billion yuan (US$4.06 billion) in the Ningxia Hui Autonomous Region.

Fuel oil futures surge 4.4%

2007-11-27 10:06:14

Spurred by rising global crude oil prices, Shanghai fuel oil futures yesterday surged 4.4 percent, the biggest one-day increase since early 2006.

China Investment denies Rio Tinto bid

2007-11-27 06:54:37

The country's newly launched state foreign exchange investment company said Monday that it had never been involved in a bid for Rio Tinto.

Citic Securities eyes HK listing

2007-11-26 16:26:32

CITIC Securities is considering listing in HK in the wake of its pioneering joint venture agreement with US investment bank Bear Stearns Co Inc.

China to unveil 20 regulations governing foreign M&A

2007-11-25 08:53:00

China will introduce 20 supporting regulations on foreign mergers and acquisitions of domestic firms before August next year.

Sinopec to import more oil products

2007-11-26 10:14:59

Sinopec will import another 80,000 tons of diesel oil by the end of this month to help guarantee domestic supplies.

Companies team up for offerings

2007-11-24 10:00:02

Value Partners Group Ltd, the first asset manager to sell stock in Hong Kong, may offer investment products together with shareholder Ping An Insurance (Group) Co to tap China's $2.3 trillion of household savings.