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Refinery project gets greenlight

2007-02-16 09:30:15

China has approved a plan by the China National Petroleum Corporation (CNPC) to build a huge refinery in Guangxi in South China.

China Yangtze Power eyes rival

2007-02-15 10:52:30

China Yangtze Power Co plans to buy a 45 percent stake in Hubei Provincial Energy Group Co for 3.1 billon yuan.

Bids for BoCom shares now open

2007-02-14 10:07:16

Corporate-owned shares in Bank of Communications (BoCom) have opened for bids in anticipation of the bank going public on the domestic stock market.

Ping An raises US$5b in mainland IPO

2007-02-14 09:45:18

The Shenzhen-based Ping An Insurance (Group) Co raised 38.87 billion yuan (US$5 billion) as the second mainland-listed insurer.

Interest rate appropriate for now: official

2007-02-14 09:32:52

Yi Gang, assistant governor of the People's Bank of China, said yesterday that the current interest rate level is "appropriate."

Shougang to shuffle assets in listing move

2007-02-13 15:23:43

Shougang Corp will inject the assets of its new, planned plant into a Shenzhen-listed arm, to enable it to list in its entirety.

Property developers to offload shares

2007-02-13 15:16:25

Two mainland property developers are selling shares in Hong Kong, despite the authorities' policies to check overheating in the sector.

UBS Securities may open in March

2007-02-13 14:50:50

UBS' China joint venture is set to open in March to begin arranging domestic stock and bond deals for Chinese companies.

Crash-proofing ordered at Shenzhen bourse

2007-02-12 08:51:23

The Shenzhen Stock Exchange plans to require all its member brokers to test backup trading systems to prevent "technical catastrophes".

New head at Shenzhen Development Bank

2007-02-12 11:28:17

Shenzhen Development Bank Co last week named Xiao Suining as its president, according to a statement.

Everbright Securities prepares for early IPO

2007-02-12 08:46:31

Everbright Securities Company is planning to go public as early as possible, said its Chairman of Board Wang Mingquan.

IPO shares of Ping An priced

2007-02-09 16:28:55

Ping An Insurance (Group) started on-line road show on Friday afternoon after announcing the shares of its initial public offering.

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