China CNR says $406m in contracts to build trains
2010-12-24 14:11:28
China CNR Corp Ltd, one of the country's largest train makers, said on Thursday it has won 2.7 billion yuan ($406.3 million) in contracts to build subway trains and other types of vehicles, Reuters reported Friday.
Shandong Air to buy 15 Boeing aircraft worth $1.2b
2010-12-24 09:49:51
China's Shandong Airlines Co Ltd plans to buy 15 Boeing Co B737-800 aircraft worth up to $1.2 billion, Reuters reported Friday.
SouFun plans to buy former AIG building in US
2010-12-24 09:11:35
SouFun Holdings Ltd, a Beijing-based operator of home-furnishings websites, agreed to buy a Lower Manhattan building once owned by American International Group Inc for $46 million, Bloomberg News reported Friday.
China Merchants looks overseas after 'stellar' trade jump
2010-12-23 13:57:54
China Merchants Group, the investor in ports moving about a third of the nation's containers, will seek more overseas projects as local trade growth slows from this year's "stellar" pace, Bloomberg News reported Thursday.
Zoomlion rises in HK debut as construction increases profit
2010-12-23 13:43:24
Changsha Zoomlion Heavy Industry Science & Technology Development Co rose on its Hong Kong trading debut on speculation China's economic growth will stoke demand for bulldozers, cranes and excavators, Bloomberg News reported Thursday.
State starts company to power SOEs
2010-12-23 11:38:57
China Reform Holdings Corporation Ltd, the State-owned capital operating company backed by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), was officially founded on Wednesday as an engine for the integration of China's State-owned enterprises (SOEs).
Ossen caps record year for China companies' US IPOs
2010-12-21 17:12:38
Ossen Innovation Co, the Shanghai based maker of rare earth-coated steel materials used in roads and bridges, raised $22.5 million in an initial public offering (IPO), capping a record year for Chinese IPOs in the US, Bloomberg News reported Tuesday.
China approves Sinopec's purchase of Colombian blocks
2010-12-21 16:24:29
China Petrochemical Corp, the nation's largest refiner, received State approval to buy Colombian oil and gas assets owned by Hupecol LLC, Bloomberg News reported Tuesday, citing the country's economic planner.
China Unicom adds 1.1m 3G users in Nov
2010-12-21 11:19:53
China Unicom announced on Monday that it added 1.1 million new 3G service subscribers for November with an aggregate 3G subscriber base of almost 12.8 million.
SAIC says on schedule to make, sell sedan in UK
2010-12-20 17:10:34
Top Chinese automaker SAIC Motor Corp Ltd is on schedule to manufacture and sell its MG 6 sedan in Britain in the first quarter of next year, Reuters reported Monday, citing the company's president.
Guangzhou Auto to consider A-share listing in 2011
2010-12-20 17:09:49
Hong Kong-listed Guangzhou Automobile Group Co Ltd (GAC), China's No 6 domestic automaker, is considering an A-share listing next year, Reuters reported Monday, citing GAC's president.
Ping An buys HK$197m shares in Sino Oil & Gas
2010-12-20 16:37:28
Sino Oil and Gas Holdings Ltd said Ping An Insurance (Group) Co of China Ltd bought 4.8 percent of its enlarged share capital in a placement for HK$197 million ($25.4 million), Reuters reported Sunday.