Railway firm bucks IPO trend
2008-03-07 09:28:31
China Railway Construction Corp raised the maximum HK$18.3 billion sought in a Hong Kong initial stock sale, sources said.
Online clothing retailer plans US listing
2008-03-07 09:37:09
Online clothing retailer PPG said yesterday it plans to list in the US toward the end of this year or in early 2009, either on the New York Stock Exchange or the NASDAQ.
Port of Qingdao plans A-share listing
2008-03-06 11:56:48
Port of Qingdao (Group) Co Ltd will hold its A-shares initial public offering (IPO) this year, board chairman and president Chang Dechuan said.
BOC cuts subprime securities
2008-03-06 11:19:46
Bank of China Ltd (BOC), the Chinese lender with the largest portfolio of subprime-related investments, has sold some of those securities, Chairman Xiao Gang said.
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.
China Eastern persistent in seeking strategic investors
2008-03-04 15:17:35
China Eastern Airlines Corp will continue seeking strategic investors to make its air transport business more competitive, said the company's vice president Li Jun on Monday.
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.
Average net profits of Shenzhen-listed SMEs up 40%
2008-03-02 10:05:20
China's Shenzhen-listed small and medium-sized enterprises posted average net profits of 85.6 million yuan ($12 million) in 2007, up 40 percent over a year earlier.
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.