Copper, zinc futures plummet in Shanghai
2007-11-21 10:41:33
On the heels of the crash in international markets, Shanghai copper and zinc futures yesterday dropped to the daily allowable limits, reaching the lowest levels since early this year.
Baosteel prices set to be raised next year
2007-11-21 10:07:50
China's largest steelmaker said yesterday it would raise steel product prices from the beginning of 2008 due to rising demand and raw material costs.
BOC: No interference in bank
2007-11-21 10:15:00
BOC Hong Kong (Holdings) Ltd yesterday said its purchase of a 4.9 percent stake in Bank of East Asia Ltd will remain a financial investment.
Oil giants to boost supply
2007-11-21 10:11:58
China National Petroleum Corp, the nation's largest oil company, yesterday announced it would import 100,000 tons of diesel this month to stabilize domestic supplies.
Homegrown PE fund seeks 10% stake in Chengdu bank
2007-11-20 10:04:14
The nation's private equity frontrunner is vying for a 10% stake in Chengdu City Commercial Bank Co to gain a foothold in the country's banking sector.
Banks deny plans to buy Standard Chartered stake
2007-11-20 11:24:44
Senior officials of ICBC have denied a published report that three major Chinese banks would acquire a 17 percent stake in the Standard Chartered bank.
Sinopec plans to boost output and imports
2007-11-20 11:11:08
Sinopec Group is planning to boost output and imports amid efforts to stabilize the domestic oil supplies.
China Railway plans US$5.5b IPO
2007-11-20 10:56:48
China Railway Group, plans to raise up to US$5.5 billion from its Hong Kong and Shanghai IPO amid booming railway investment in China.
Shanghai Electric closer to A-share listing
2007-11-20 09:01:01
Shanghai Electric Group Company Ltd has quickened its pace to list on the mainland through its A-share holding company.
China to hasten direct overseas equities scheme
2007-11-19 14:47:18
China will hasten the launch of a trial program that will allow individuals to invest directly in overseas securities.
Shanghai bourse considers listing multinationals
2007-11-18 08:59:08
The Shanghai Stock Exchange is considering listing large multinationals that have enjoyed good growth in the country.
China Life records 170b yuan in Jan-Oct premium
2007-11-19 11:54:00
China Life announced Monday that it took in 170.1 billion yuan in the first ten months of this year.