Shanghai Auto to buy diesel engine maker
2008-01-04 08:53:50
Shanghai Automotive Industry Corp said yesterday it will buy 50.32 percent of Shanghai Diesel Engine Corp, a subsidiary of Shanghai Electric.
Minsheng gets go-ahead for fund venture
2008-01-04 09:17:15
Minsheng Banking Corp said yesterday it's been approved to set up a fund management company with Royal Bank of Canada and Three Gorges Financial Co.
Rail firm on track for March IPOs
2008-01-03 09:46:43
China Railway Construction Corp (CRCC), the country's second largest construction firm, is likely to go public in Shanghai and Hong Kong in March.
China Eastern waits for shareholders on Singapore Air deal
2008-01-02 18:15:05
China Eastern Airlines said today that the proposed plan for a share sale to Singapore Airlines Ltd will remain unchanged until the shareholders' meeting next Tuesday.
Sinopec deals to boost sales
2008-01-02 09:59:28
Sinopec Corp will acquire equity interests in three oil refineries and 63 petrol stations from its parent Sinopec Group to boost refined oil sales.
China Power buys stake in firm
2008-01-02 10:09:14
China Power International Development Ltd agreed to pay 749.5 million yuan ($102.53 million) to buy 25 percent of Guangzhou Power Enterprise (Group) Ltd, in an attempt to boost its business in the region.
Tonghua buys 9.9% stake in Australia's IMX
2007-12-28 17:39:21
Tonghua Iron & Steel Co bought a 9.9 percent stake in Australian iron ore explorer IMX Resources NL.
CCB: Loan cap won't hit 2008 profit
2007-12-28 16:09:02
Lending controls by China's central bank are unlikely to affect China Construction Bank's profits next year, the bank's chairman told reporters on Friday.
Merger boosts hub airline goal
2007-12-28 09:32:30
The partnership between China Eastern Airlines and Singapore Airlines will provide financial resources and management expertise to help the Chinese firm become a hub airline company.
Merger deal of auto firms due today
2007-12-26 11:09:45
After eight months of negotiations, the much-anticipated merger between China's largest carmaker Shanghai Automotive Industry Corp and its smaller rival Nanjing Automobile Group is finally set to happen.
China Reinsurance may sell stake overseas
2007-12-25 15:54:30
China Reinsurance Co, the nation's largest reinsurer, is in talks with overseas investors about selling a strategic stake.
Huaxia Bank plans fund venture
2007-12-25 16:47:11
Huaxia Bank is recruiting staff for a fund-management unit to diversify revenue by tapping local investors' growing appetite for shares.