Shanxi Fenjiu Liquor Group's 2009 net profit jumps 45%
2010-04-10 14:16:20
Shanxi Fenjiu Liquor Group Co Ltd, China's well-known white spirit maker, said Friday its 2009 net profit soared 44.79 percent in its annual report filed with the Shanghai Stock Exchange.
ICBC lends, donates to fight drought in SW China
2010-04-10 13:30:16
The Industrial and Commercial Bank of China Ltd (ICBC) said it has donated 10.28 million yuan ($1.51 million) to drought-hit areas in southwestern China.
Top 3 airlines likely to see profit in Q1
2010-04-09 17:30:52
China's three largest airlines are likely to make a turnaround in their major business in the first quarter of this year, Beijing Business Today reported Friday, citing a forecast released by China International Capital Corp (CICC).
Chinese brewer Tsingtao sees net profit leap in 2009
2010-04-09 16:27:16
Tsingtao Brewery Co Ltd, one of China's leading beer makers, Friday announced a 2009 net profit of 1.25 billion yuan ($183.1 million), up 79.2 percent year-on-year.
Chinese property brokerage eyes new market
2010-04-09 15:17:59
Century 21, China's first US-listed real estate brokerage firm, will open an additional 1,350 outlets in 39 Chinese cities this year it announced Thursday.
Guangdong bank to raise $2b via share issue
2010-04-09 13:56:38
Citigroup controlled Guangdong Development Bank said it will issue up to 15 billion yuan ($2.2 billion) in new shares to boost its capital, becoming the latest Chinese bank to raise funds after an industry-wide lending binge in 2009.
Yunnan Copper back to profit in 2009
2010-04-09 13:04:47
Yunnan Copper Industry Co, China's fourth-largest producer of the metal, turned to a profit in 2009 as prices of the metal surged.
China Xiangguang to triple copper capacity next year
2010-04-09 11:30:16
China's Xiangguang Copper plans to triple production capacity by the first half of next year as the construction of a second phase unit and upgrade projects are completed, a company official said on Thursday.
China Life to buy bonds
2010-04-09 09:14:20
China Life Insurance Co, the country's largest insurer, will increase the proportion of bonds in its overall investment basket and actively seek strategic equity investment opportunities this year, the company's top management said on Thursday.
Country Garden to meet investors for dollar bond -source
2010-04-08 10:24:32
Chinese developer Country Garden has hired JPMorgan and Goldman Sachs to manage a planned benchmark-sized, seven-year dollar bond sale, a source close to the deal said.
Jinchuan looks to extract nickel firm's assets
2010-04-08 10:22:35
Jinchuan Group Ltd, China's largest nickel producer, has made a $150 million offer for Canadian junior nickel miner Crowflight Minerals Inc to gain its assets in Manitoba and Ontario, Canada.
Sinopec completes $1.3b Brazil pipeline
2010-04-08 10:22:05
China Petrochemical Corp, the nation's second-biggest energy producer, completed a $1.3 billion natural-gas pipeline in Brazil before a visit by Chinese President Hu Jintao seeking to deepen bilateral ties.