Air China to issue 400b shares to fund more aircraft
2007-11-02 08:55:10
Air China announced Thursday plans to issue up to 400 million A-shares to raise funds to purchase aircraft and replenish its working capital.
Lenovo profit triples in Q3
2007-11-02 10:21:32
The billboard of Lenovo mobile phone on a Shanghai street. The world's third-biggest PC maker tripled fiscal second-quarter profit after reducing jobs and winning market share. [newsphoto]
BOC posts 40% leap in profits in 1st nine months
2007-11-01 14:33:29
Bank of China (BOC) said its after-tax profits rose by 40 percent to 45.5 billion yuan in the first nine months of the year.
Freight costs fuel COSCO earnings
2007-11-01 13:41:01
China COSCO Holdings yesterday posted net profit of 664.09 million yuan for the third quarter, mainly fueled by rising freight costs and a steady increase in demand.
China's listed companies see profits up 64% in first three quarters
2007-10-31 16:24:09
China's listed companies reported combined net profits in the first three quarters up by 64.18 percent from the same period last year, China Securities Journal reported on Wednesday.
Air China profit drops 43% in 3rd quarter
2007-11-01 10:05:25
Air China, the country's largest carrier, yesterday said its third-quarter net profit amounted to 2.1 billion yuan, down 42.55 percent year on year.
CNPC takes over ethanol maker
2007-11-01 09:28:37
China National Petroleum Corp (CNPC) has taken over a major ethanol maker as it tries to expand in the renewable energy sector.
Chinalco in copper deal
2007-11-01 09:33:18
Aluminum Corp of China (Chinalco) recently took another step in expanding into the copper business by acquiring 49 percent of Yunnan Copper Industry (Group) Co.
Merging China's major airlines premature - CAAC
2007-10-31 07:09:21
China's aviation watchdog said consolidation of the three major airlines - Air China, China Eastern and China Southern - would be a premature move.
PetroChina to raise 66.8b yuan in Shanghai IPO
2007-10-30 15:55:07
PetroChina, one of China's biggest oil and gas producers, will raise 66.8 billion yuan in the biggest share sale of the year, the China Securities News reported today.
Chalco earnings hit by lower prices
2007-10-31 09:44:11
Aluminum Corp of China Ltd, the country's largest aluminum producer, posted net profit of 8.4 billion yuan for the first nine months.
Sohu to raise its game
2007-10-31 10:17:53
Top officials from Sohu.com Inc yesterday said it will increase its investment in online gaming as its game revenue surged nearly 500 percent in the third quarter.