Ping An's refinancing plan approved
2008-03-06 09:07:35
Ping An won shareholder approval for a revised, smaller refinancing plan, which would involve issuing about 80 billion yuan worth of shares and 40 billion yuan of convertible bonds.
China Minmetals invests in Indian JV
2008-03-05 10:47:32
State-owned metals trader China Minmetals Corp yesterday said it has set up an iron and steel joint venture in India, the first major Chinese investment in the country's steel industry.
Dongfeng Motor plans joint venture
2008-03-05 11:07:33
Dongfeng Motor Corp will form a joint venture to speed up its passenger car business, paving the way for further consolidation of China's massive auto industry.
ICBC completes South Africa deal
2008-03-04 16:52:53
The Industrial and Commercial Bank of China (ICBC) Tuesday announced it has taken a 20-percent stake in a South African bank.
SPDB to negotiate with Citigroup on stake increase
2008-03-04 17:52:50
Shanghai Pudong Development Bank (SPDB) plans to negotiate with Citigroup to increase its stake in the Chinese lender, SPDB chairman said today.
Minsheng Bank reports 68.6% increase in net profit
2008-03-04 11:34:56
China Minsheng Banking Corp's net profit jumped 68.6 percent year on year in 2007 to 6.3 billion yuan ($886 million), the lender announced on Monday.
Changes in wheat futures
2008-03-04 10:26:34
Zhengzhou Commodity Exchange has made fundamental changes to the terms of its hard wheat futures contracts to conform to the newly issued national standard for the grain.
Minsheng gets greenlight to buy into UCBH
2008-03-02 09:41:46
China Minsheng Banking Corp announced on Saturday that the China Banking Regulatory Commission had approved its proposal to buy 4.9 percent of the US-based UCBH Holdings.
Fuyao issue plan out the window
2008-03-01 10:13:02
Shares in Fuyao Group Glass Industries Co, China's largest automotive glassmaker, surged 5.59 percent on Friday after it scrapped a share issue plan.
Rail builder raises $3.1b in Shanghai IPO
2008-02-28 08:03:46
China Railway Construction Corp, the country's leading rail builder, has raised 22.25 billion yuan in its Shanghai IPO with demand for shares at 140 times the offering.
Shareholders clear Pudong Bank issue plan
2008-02-28 09:21:45
Shareholders have approved Shanghai Pudong Development Bank's controversial share sale plan, pending regulatory clearance.
Chalco to bid for parent's stakes in subsidiaries
2008-02-27 09:19:45
Aluminum Corp of China Ltd, or Chalco, is vying to buy 4.175 billion yuan worth of equity stakes in six sister firms from its parent Chinalco.