SAIC Motor plans to shift stake to parent
2007-03-14 15:59:18
SAIC Motor Corp, China's largest carmaker, plans to transfer its holdings in a listed unit, Shanghai Automotive Co, to its State-run parent.
Hongyuan Securities allowed to expand business scope
2007-03-14 15:09:21
Hongyuan Securities Co has won a regulatory nod to manage retail investors' assets and trade up-coming financial derivatives.
Mengniu becomes official Boao Forum sponsor
2007-03-14 10:28:47
Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd said yesterday it had been named official sponsor of the Boao Forum for Asia.
Deutsche Bank offers to buy 40% of Sanjiu
2007-03-14 10:19:14
A group of investors led by Deutsche Bank AG has offered 4 billion yuan for a 40 percent stake in Sanjiu Enterprise Group.
Haier marches on in int'l market
2007-03-13 17:02:04
Haier Group will continue to implement its "global strategy" to capture a bigger share in the overseas home appliance market.
Chalco to buy plants from parent
2007-03-13 10:21:13
Aluminum Corp of China Ltd, or Chalco, the nation's largest maker of the metal, will buy processing plants from its parent.
Tom Group makes offer on online unit
2007-03-13 10:37:47
Hong Kong-based Tom Group said yesterday it will offer up to HK$1.57 billion to buy out its listed Internet unit Tom Online.
Xinhua Finance Media swamped by US buyers
2007-03-12 16:06:35
Xinhua Finance Media Ltd, a provider of financial news and data on China's markets, has raised US$300 million from its American initial public offering.
Bright Dairy to raise milk output
2007-03-09 09:16:49
Bright Dairy & Food Co Ltd, China's fourth-largest milk producer by sales, will increase its liquid milk output by 20 percent in 2007.
BoCom profit up 33%
2007-03-09 09:09:49
Bank of Communications (BoCom), China's fifth-largest lender, posted a 33 percent jump in profit last year.
Listed companies make juicy profits from bullish stock market
2007-03-09 11:20:31
A total of 206 out of the more than 1,400 Chinese listed companies reported a close to 90 percent rise in profits in 2006.
PetroChina plans new refinery
2007-03-08 09:40:24
Top oil producer PetroChina is set to build another gigantic refinery and an ethylene plant in Sichuan Province.