Ping An, CFT launch money brokerage venture
2008-01-30 10:46:55
The world's second largest inter-dealer broker Compagnie Financiere Tradition (CFT) and Ping An Trust launched China's third largest money brokerage yesterday.
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.
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.
Sydney to Shanghai: Sell, sell, sell
2008-01-23 10:13:04
A man looks at stock market monitors in Shanghai on January 22, 2008. Shell-shocked investors from Shanghai to Sydney counted the cost to their pensions and savings as Asian stock markets tumbled. [Xinhua]
Shanghai index down 7.2%, Hang Seng crashes
2008-01-22 15:23:09
Chinese stock markets tumbled for a second day Tuesday, as worldwide worries about an imminent US recession led to panic selling.
Bank of China sheds 4.14% on writedown talk
2008-01-22 10:27:09
Bank of China Ltd fell yesterday after BNP Paribas SA said it may have to write down the value of overseas securities by 35 billion yuan.
Northeast Securities plans 15b yuan share placement
2008-01-20 13:56:12
Shenzhen-listed Northeast Securities announced on Saturday a plan to collect no more than 15 billion yuan in private placement.
China Oilfield Service inks overseas deal
2008-01-20 14:27:00
China Oilfield Service Limited has signed its first overseas directional geothermal well service contract with the Philippine National Oil Corporation.
ICBC personal financing products hit 154.4b yuan
2008-01-19 11:11:31
Industrial and Commercial Bank of China sold 154.4 billion yuan of personal financing products in 2007, up 126.49 percent year on year.
Everbright Securities sees IPO by March or April
2008-01-18 14:07:49
China Everbright Securities will seek to complete an initial public offering (IPO) by March or April, parent China Everbright Group said.