Baosteel sets up joint venture
2007-06-29 08:27:18
Baosteel yesterday set up a joint venture with privately owned Jiangsu Yinhuan Precision Steel Tube Co Ltd in Jiangsu to produce nuclear power evaporator steel tube.
BOC sets up strategic tie with China Life
2007-06-28 13:48:47
Bank of China will set up a strategic cooperation relationship with China Life Insurance Group as the two pledged more collaboration in a deal signed in Beijing today.
Code-share with Air China
2007-06-28 13:42:44
Air New Zealand, the nation's biggest airline, and Air China agreed to share flights on routes linking the two countries to improve tourism.
China shipping to sell convertible bonds to buy 42 ships
2007-06-28 09:17:06
China Shipping Development Co said it plans to start selling 2 billion yuan of bonds convertible into shares on July 2 and use the funds raised to buy 42 dry-bulk cargo ships.
UBS gets to arrange PetroChina share sale
2007-06-28 09:12:23
UBS AG was hired by PetroChina Co to arrange what may become China's biggest share sale this year, three people with direct knowledge of the decision said.
Air China to sell shares of securities firm
2007-06-27 15:24:12
Air China is offering to sell its 12.83 percent stake in mid-sized brokerage West China Securities for 416 million yuan, according to China Beijing Equity Exchange.
China life becomes largest shareholder of Minsheng
2007-06-27 15:12:15
China Life Insurance Co overtook Chinese billionaire Liu Yonghao as the biggest shareholder of China Minsheng Banking Corp, the nation's only privately controlled bank.
Auto rivals work on merger
2007-06-27 13:48:39
Shanghai Automotive Industry Corp has again extended an olive branch to Nanjing Automobile Corp in a move that's believed to result in a merger of the two automakers.
BoCom to enter leasing business
2007-06-27 08:45:28
Bank of Communications plans to set up a wholly owned financial leasing company, according to a company statement to the Shanghai Stock Exchange.
Cosco jumps 83% at Shanghai debut
2007-06-26 13:04:46
The yuan-denominated stock of China Cosco Holdings Co debuted at 15.52 yuan in Shanghai today, jumping 83 percent from its initial price.
Anhui Conch Cement to sell shares to boost production
2007-06-26 12:59:46
Anhui Conch Cement Co plans to sell shares valued at 11 billion yuan (US$1.4 billion) in Shanghai to upgrade power equipment and boost output.
Hainan Air to fly into soaring growth
2007-06-26 09:11:31
Hainan Airlines Co expects to increase sales at least 15 percent this year because of rising travel in the world's most populous country.