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.
Petrochemical, bank shares drive index up 2.6%
2007-12-25 09:53:04
Chinese stocks closed up for the fourth day in a row today. Petroleum and banking shares led the market, pushing the major stock index back up to the 5,200-point level.
State assets law under NPC review
2007-12-24 09:28:19
The eagerly anticipated draft law on State assets was submitted to the national legislature for the first reading yesterday.
China to cut long-term construction T-bond issuance
2007-12-22 13:56:32
China will reduce the volume of long-term treasury bonds issued for construction projects in the next two years but won't eliminate them.
China's A-share IPOs top the world this year
2007-12-21 16:26:21
China's A-share markets raised a total 447 billion yuan (US$60.82 billion) from initial public offerings (IPOs) this year, topping the world in terms of the amount raised.
Second batch of QDII ready
2007-12-22 13:04:32
ICBC Credit Suisse Asset Management Ltd announced it will launch 22 billion yuan of QDII fund, ushering in China's second batch of the funds.
SOEs smaller but stronger
2007-12-22 13:48:35
China's state-owned enterprises reported a year of prosperity in 2007, but many still have a long way to go to become internationally competitive.
Stock market enters fast lane
2007-12-22 12:43:16
With Pacific Insurance raising 30 billion yuan in the stock market this week, the construction of a fleet of blue chips has just begin.
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.
Market recovers 5,100 points after rate hike
2007-12-21 17:29:35
Chinese stocks have shrugged off the year's sixth interest rate hike as the major index gained for a third day and recaptured the 5100-point position by close of trading.
Market, experts hail Morgan Stanley deal
2007-12-21 07:07:40
The international market sees China Investment Corp's investment in Morgan Stanley as a big business move and experts hail it as a deal in the right direction.
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.