Guangzhou Auto revives IPO plan

Guangzhou Automobile Group Co, one of China's top automakers, said it will revive its plan for an initial public offering (IPO).

Bright Dairy to raise milk output

Bright Dairy & Food Co Ltd, China's fourth-largest milk producer by sales, will increase its liquid milk output by 20 percent in 2007.

Bank of Communications (BoCom), China's fifth-largest lender, posted a 33 percent jump in profit last year.

Top oil producer PetroChina is set to build another gigantic refinery and an ethylene plant in Sichuan Province.

Chinese commercial banks are seeking to expand into investment banking and other financial businesses.

Qingdao Port aims to become the shipping hub of northern China with a planned initial public offering (IPO) in Hong Kong.

Sichuan New Hope Investment plans to raise its stake in China Minsheng Banking Corp to more than 10 percent to remain as its biggest shareholder.

CITIC Securities aims to make an initial public offering (IPO) in Hong Kong this year, as the first domestic broker to list overseas.

UBS AG won the right to buy out its partners of the UBS Securities Co venture when the Chinese law permits it.

China's top coal producer is developing an A-share listing plan in line with corporate development strategy and government policy.

Focus Media is back in the headlines since it announced it would take over the largest Internet advertising service company in China.

Sino Gold Mining Ltd, which is developing China's second-largest gold mine, said it plans to sell shares in Hong Kong.