Sinopec to expand refineries
2008-01-30 10:27:01
Sinopec, supplier of two-thirds of the nation's auto fuels, plans to spend about 16 billion yuan expanding plants in central China, a company official said.
Securities industry gets higher credit rating for 2008
2008-01-30 09:31:05
The general credit status for the mainland securities industry in 2008 has been rated higher, aided by continued national economic growth and the expanding scale of financial markets.
CNOOC to raise output by 15-16%
2008-01-30 09:11:17
CNOOC Ltd plans to raise its oil and gas output by 15 to 16 percent to somewhere between 195 million and 199 million barrels of oil equivalent in 2008.
Mainland launches three new bond indices
2008-01-29 09:18:37
China Securities Index Co yesterday launched three new bond indices, covering for the first time all bonds traded on the interbank and stock markets.
CNOOC sells 3% of stake
2008-01-29 09:29:02
CNOOC Ltd, the listed arm of China's third largest oil company, said yesterday it has sold part of its stake in Indonesia's Tangguh liquefied natural gas project for $212.5 million.
China's futures market rosy in 2008
2008-01-28 09:52:12
With total turnover exceeding GDP for the first time, China's futures market has grown significantly in the past year, reaffirming analysts' optimistic outlook for 2008.
Chinese shares plunge 7.2% after Wall Street sell-off
2008-01-28 15:34:50
Chinese share prices ended around 7% lower on Monday, as investors dumped stocks after Friday's sell-off on Wall Street amid fears over a US recession.
Citigroup plans investment bank in China
2008-01-28 11:45:06
Citigroup and Central China Securities will soon apply to set up an investment banking joint venture, the US banking giant's first investment banking venture in China.
Baidu, Alibaba ranked top 10 search engines
2008-01-26 21:37:31
Baidu.com and Alibaba.com, two of China's major Internet search engines, ranked the world's 10 most popular search engines last month by comScore, an Internet research firm.
ABC expected to set IPO within three years
2008-01-27 08:49:09
Agricultural Bank of China, one of the country's four largest State-owned commercial banks, plans to offer shares to the public within three years.
Securities may open to insurers
2008-01-26 09:55:51
The insurance and securities regulators plan to open investment channels between the two industries, officials said on Friday.
China's insurers post 25 percent rise in 2007 premium revenues
2008-01-26 10:52:15
Chinese insurers posted a 25-percent rise in premium revenues last year as insurance remained one of the fastest growing industries in the country.