50 securities dealers' profits rise 411% in 1st half
2007-07-23 08:50:46
The red-hot stock market pushed total profits of China's 50 securities dealers up by four times in the first half of the year, the Shanghai Securities News reported.
China Minsheng still plans HK listing
2007-07-20 08:51:49
China Minsheng Banking Corp's board will decide on a Hong Kong listing plan in the next couple of months, the bank’s president said Thursday.
Guotai Jun'an profit rises
2007-07-20 08:47:29
Guotai Jun'an Securities posted a fivefold gain in profit in the first half of this year, boosted by a rise in trading volumes in a booming stock market.
Duo debut of city-level banks woos investors
2007-07-20 08:35:41
The shares of two city-level commercial banks started trading on Thursday and saw large increase, indicating investors' confidence in the nation's high grade financial assets.
Brokers post rising profit
2007-07-19 12:50:40
GF Securities Co, China's fifth-largest brokerage, and BOC International (China) Ltd posted soaring first-half profits yesterday, buoyed by rising stock market trading.
Bank of Ningbo profit up 41%
2007-07-19 09:02:17
Bank of Ningbo said its unaudited first-half profit rose 41 percent on increased loans to local companies. Net income rose to 382.8 million yuan in the first six months.
Sinopec could swing back to red
2007-07-19 08:55:47
Sinopec outperformed PetroChina in annual crude output growth during the first half of 2007,but was likely to witness refining losses in the second quarter.
PetroChina eyes mainland listing in 4th quarter
2007-07-18 14:32:49
PetroChina is targeting a share offering in the fourth quarter, although the timetable depends on the approval from the securities regulator,the Financial Times reported.
Shareholders approved Haitong's share sale
2007-07-18 14:15:58
Haitong Securities Co said shareholders approved a plan to quadruple its capital to help expand into investment banking and compete with overseas brokerages.
Airline's profit soaring
2007-07-18 14:19:43
Hainan Airlines Co,a Chinese carrier in part backed by George Soros, said first-half profit probably surged more than eightfold on lower jet-fuel prices and a stronger yuan.
China Life plans move into pensions
2007-07-18 08:40:34
China Life Insurance Co, the country's largest insurer, is said to be ready to pay 3.6 billion yuan for a 60 percent stake of Zhongcheng Trust & Investment Corp.
China Coal plans Shanghai listing
2007-07-17 09:13:57
China Coal Energy plans to make an A-share offering in Shanghai, the latest among overseas-listed companies to return to the mainland.