Zhuhai Zhongfu to sell stake to PE firm at higher prices
2007-04-16 13:46:07
Zhuhai Zhongfu Enterprise Co Ltd becomes the first company in 2007 to have a foreign strategic investor that is willing to pay a much higher price than its book value.
Lipper names 14 best Chinese funds
2007-04-16 10:17:45
Lipper recently gave 14 awards to mutual funds in China that have delivered consistently strong, risk-adjusted performance.
QFII funds realize lower returns in March
2007-04-16 10:07:37
Qualified foreign institutional investors (QFII) A-share fund performance was poorer than domestic mutual funds in March.
New share: Jiangsu Xinmin Textile
2007-04-16 09:57:04
Jiangsu Xinmin Textile Science & Technology Co Ltd will use the funds raised via the initial public offering to invest in two projects in manufacturing natural silk and man-made silk.
HSBC Jintrust's 3rd fund raises US$686m
2007-04-13 16:03:45
HSBC Jintrust Fund Management Co Ltd said subscriptions for its third fund reached 5.3 billion yuan.
BoCom plans to issure 3.2b A shares
2007-04-13 13:58:45
Bank of Communications (BoCom), China's fifth largest lender, plans to issue 3.2 billion A-shares and list on the Shanghai Stock Exchange.
Mengniu reports robust growth in profit
2007-04-13 09:22:48
Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd yesterday reported continuing robust growth in revenue and profit of 50.1 percent and 59.21 percent in 2006.
Merchants Holdings profit up
2007-04-13 09:16:45
China Merchants Holdings (International) Co said 2006 profit rose 7.4 percent after it handled more cargo on surging trade.
Shimao Property sells stake in project
2007-04-13 09:06:20
Shimao Property Holdings Ltd said it is selling a 30-percent stake in a property project to an equity fund managed by Morgan Stanley for 1 billion yuan.
CITIC Bank to raise record fund in Hong Kong
2007-04-12 13:45:57
China CITIC Bank expects to raise more than HK$30 billion (US$3.8 billion) via its Hong Kong IPO, said a company source on Wednesday.
Ping An earnings double
2007-04-12 13:33:17
Ping An Insurance (Group) Co said its 2006 profit almost doubled because of investment gains in the country's stock market.
Angang Steel plans additional share offering
2007-04-12 09:28:39
Angang Steel Co plans to sell as many as 1.78 billion shares to existing holders to fund a 22.6-billion-yuan steel mill.