Air China Cargo launches flight to Paris
2010-03-08 10:52:19
Air China Cargo (ACC), China's largest cargo airline, launched its service to Paris on Saturday as the company saw a pickup in air cargo market following global recovery from the economic downturns.
China Merchants Energy Shipping profit down 72.2% in 2009
2010-03-08 10:43:34
China Merchants Energy Shipping Co, a major Chinese international oil tanker operator, said Saturday its annual net profit in 2009 slumped 72.2 percent from a year earlier.
China Unicom exec says iPhone price cut possible
2010-03-06 09:57:09
China Unicom has adopted a high-price strategy for iPhone since it introduced Apple's popular smartphone in China in October last year.
Ningbo Port eyes Shanghai listing
2010-03-06 09:00:24
Ningbo Port Co Ltd is expected to list its stock in Shanghai at the end of the second quarter of this year, the company's chairman said on Friday.
China Mobile expects domestic listing
2010-03-05 17:22:08
China Mobile does not have a detailed schedule of returning to the domestic listing now, but the company is eagerly awaiting the launch of the international board at the Shanghai Stock Exchange, which will accelerate China Mobile's listing, company chairman Wang Jianzhou told chinadaily.com.cn on Friday.
Laiwu Steel 2009 profit down 63%
2010-03-05 11:31:10
Laiwu Steel Group, China's seventh biggest steel maker by output, announced Thursday its net profit in 2009 plunged 63 percent year-on-year to 96.9 million yuan ($14.1 million).
Ping An has no plan to raise capital
2010-03-05 11:26:25
Ping An Insurance (Group) Co of China has no plans this year to raise capital, board chairman Ma Mingzhe told reporters, according to Friday's Guangzhou Daily.
FAW Car 2009 net profit up 49.8%
2010-03-05 10:19:02
FAW Car Co, a unit of one of China's three largest auto makers, First Automotive Works, said Thursday its net profit rose 49.8 percent to 1.6 billion yuan ($234 million) in 2009 from a year earlier, fueled by strong sales.
Minsheng says small is beautiful
2010-03-05 09:06:24
Private lender China Minsheng Banking Corp has decided to shift its lending focus to small enterprises, and no longer considers large enterprises as the main cash cow, Dong Wenbiao, chairman of the bank said on Thursday.
Selling Google, buying Baidu helps fund beat competitors
2010-03-05 08:52:56
When Google Inc, owner of the most popular Internet search engine, said on Jan 12 it may close its website in China, Edinburgh money manager James Anderson sold the stock and bought Beijing-based rival Baidu Inc.
Shougang Steel profit down 10%
2010-03-04 17:22:37
Beijing Shougang Steel Group realized a profit of 368 million yuan ($53 million) in 2009, down 10.44 percent year-on-year. Its earnings per share was 0.12 yuan, the company said in its annual report released Thursday, the National Business Daily reported.
Air China aims to buy Shenzhen Airlines
2010-03-04 15:11:28
Air China Ltd, the nation's third- biggest carrier, intends to buy Shenzhen Airlines Co to add a hub in the south of the country.