Industrial Bank to issue US$2.5b debt
2007-03-23 14:12:23
Industrial Bank Co Ltd will issue 19 billion yuan (US$2.45 billion) worth of debt from Mar 27 through Mar 29, the bank announced.
BOC profit rockets 65%
2007-03-23 09:11:51
Bank of China (BOC) said yesterday its 2006 net profit soared 65 percent, on strong operating income and reduced taxes.
China Post not to stay in hotels
2007-03-23 09:03:30
Moving aggressively to disengage from its hospitality business, China Post Group is trying to concentrate more on its core business.
Shenzhen Development Bank profit up 319%
2007-03-22 14:16:26
Domestic-listed Shenzhen Development Bank reported its net profits up 319 percent to reach 1.3 billion yuan (US$167 million) last year.
Vodafone to retain stake in China Mobile
2007-03-22 14:00:21
Vodafone Group Plc, the world's biggest mobile phone firm by revenue, does not intend to sell its stake in Hong Kong-listed China Mobile Ltd.
Jingkelong sees profit up
2007-03-22 13:48:23
Beijing Jingkelong Co, a Hong Kong-listed chain retailer, said its 2006 profit rose 33 percent as rising incomes spurred spending.
CNOOC expects listing nod this year
2007-03-22 09:20:06
China's top offshore oil company CNOOC is confident that once technical difficulties are overcome, it's possible for the red-chip firm to float A shares this year.
China Mobile sees profit surge
2007-03-22 09:09:50
China Mobile, the world's largest mobile phone operator by users, yesterday posted a 23 percent jump in net profit for 2006.
ABC cleared as fund manager
2007-03-22 09:00:37
The Agricultural Bank of China (ABC) has received official approval from the government to set up its own fund management firm.
BOC to launch private banking services
2007-03-21 14:47:36
Bank of China (BOC) said yesterday that it would launch private banking services in cooperation with the Royal Bank of Scotland.
Vanke to sell shares
2007-03-21 10:57:22
China Vanke Co, the nation's largest publicly traded developer, plans to sell shares to fund 31 billion yuan worth of residential projects.
Bear-Eagle fund to swoop on Chinese retailers
2007-03-21 10:45:42
Bear Stearns Companies Inc, a leading Wall Street investment bank, joined forces with Huang Guangyu to set up a $500 million buyout fund targeted at booming Chinese retailers.