Merchants Bank posts 88% profit growth
2007-04-18 13:36:28
China Merchants Bank reported net profits up 87.69 percent year-on-year to 7.1 billion yuan (US$923 million) last year.
Sinopec launches convertible bond
2007-04-18 13:42:09
Top Asian oil refiner Sinopec Corp is selling a US$1.5 billion convertible bond, the largest-ever from a Chinese issuer.
Chalco gets nod for A-share sale
2007-04-18 13:27:42
Aluminum Corp of China Ltd (Chalco), the nation's biggest maker of the metal, has received approval to sell shares in Shanghai.
Listed banks report net profits up 34%
2007-04-18 10:22:53
China's ten listed commercial banks garnered 170 billion yuan (US$22 billion) in combined net profits last year, up 34 percent.
China Southern lands better results
2007-04-18 09:55:43
China Southern Airlines Co narrowed its fourth-quarter loss 85 percent as gains from a stronger yuan countered higher jet fuel and borrowing costs.
China Life reports strong growth
2007-04-18 09:49:14
China Life Insurance Co saw its profit more than doubled last year, fueled by premium growth and higher investment return from the booming stock market.
Gome profit up 64.3%
2007-04-18 09:43:33
Gome Electrical Appliances Holding Ltd posted a net profit of 819 million yuan for 2006, up 64.3 percent from a year earlier.
BoCom share sale approved
2007-04-17 11:50:21
Bank of Communications Co Ltd (BoCom) won regulatory approval to raise as much as $3.5 billion selling shares in Shanghai.
Southern Airlines offers 5 warrants per 10 tradable A-shares
2007-04-17 11:47:49
China Southern Airlines Co Ltd said it will offer five put warrants for every 10 tradable shares held under its State share reform plan.
Yurun eyes expansion in minor cities
2007-04-17 11:45:32
China Yurun Food Group plans to expand into less developed cities and make acquisitions as part of its strategy to capitalize on the fragmented market.
CITIC Bank may raise US$5.4b in IPO
2007-04-17 10:05:04
China CITIC Bank may raise around US$5.4 billion in its dual share sale in Hong Kong and Shanghai.
CCB profit dips 1.7%
2007-04-17 07:31:29
China Construction Bank yesterday reported a 1.7 percent decline in net profit last year as its tax break lapsed.