Sinopec to complete refinery by January
2007-12-25 09:53:04
Sinopec Group will complete the construction of a 12.5 billion yuan ($1.71 billion) refinery in Qingdao in East China's Shandong Province by the end of January.
Baosteel ups stake in insurer
2007-12-25 09:53:04
Baosteel Group Corp will buy 90.1 million shares in New China Life Insurance Co, taking its stake in the insurer to 17.3 percent.
CNPC to build refineries in Shandong and Yunnan
2007-12-25 09:53:04
China National Petroleum Corp (CNPC), the nation's largest oil producer, plans to build two refineries in Shandong and Yunnan to boost its capacity.
CCB to open overseas branches
2007-12-22 09:30:37
China Construction Bank plans to open branches in cities including London and Dubai. It has also applied to open a branch in Doha.
Media commercializes editorial units with landmark listing
2007-12-21 14:20:51
A Chinese publishing group listed on the Shanghai stock market on Friday, becoming the country's first media company to issue shares in all its operations.
Huaneng to sell 50m bonds
2007-12-21 09:54:25
Huaneng Power International said yesterday it's been approved for the mainland's biggest bond issue worth 5 billion yuan, after a rule change in June.
Sinoma surges 42% on Hong Kong debut
2007-12-20 15:53:10
Sinoma surged 42 percent above its IPO price on its first trading day in Hong Kong, highlighting continued confidence in the mainland's economic outlook.
New Sinopec plant under way
2007-12-19 10:29:52
The nation's largest oil refiner Sinopec yesterday began work on a 14.6-billion-yuan ethylene plant in Wuhan, capital of Hubei Province, to meet demand in the central region.
PetroChina unit to begin Daqing ethylene expansion
2007-12-18 14:00:05
Daqing Petroleum & Chemical Co, a unit of PetroChina, will begin expanding its ethylene production facilities this month.
Baosteel, Hansteel launch $2.6-billion JV
2007-12-18 14:00:05
Baosteel Group, China's largest steel maker, has launched a 19.4-billion-yuan ($2.6 billion) joint venture with Hansteel Group.
Sinopec expects much smaller government subsidy
2007-12-15 08:20:26
Sinopec, the country's largest oil refiner, said it believed it would not receive a large subsidy this year from the government.
Pacific Insurance may raise US$4b from Shanghai IPO
2007-12-14 09:12:37
China Pacific Insurance (Group) Co Ltd could net up to 30 billion yuan (US$4.08 billion) from its initial public offering (IPO), which runs from Thursday to Friday on the Shanghai Stock Exchange.