Chongqing bank drops plan for HK IPO
2007-04-05 14:15:45
Chongqing Commercial Bank says it has abandoned plans to list in Hong Kong this year in favor of going public on one of the two Chinese mainland markets.
CICC to set up new units
2007-04-05 13:49:52
China International Capital Corp (CICC) may set up brokerage and futures units to boost profit after a lack of services eroded earnings last year.
CITIC Bank kicks off IPO roadshow
2007-04-05 09:38:41
China CITIC Bank Corp Ltd began marketing its Shanghai and Hong Kong initial public offering (IPO) of 7.2 billion shares yesterday.
Huaneng profit climbs
2007-04-05 09:46:12
Huaneng Power International Inc, China's largest listed power producer, posted a net profit increase of 16.5 percent in 2006.
NASDAQ to launch China Index
2007-04-05 09:33:36
The Nasdaq Stock Market Inc will introduce the NASDAQ China Index in the second quarter of the year to track the performance of Chinese companies listed in the United States.
Volatility fears on State share release
2007-04-05 09:27:11
A large number of non-tradable State shares can be converted into tradable equities this month, a move analysts say may trigger stock market volatility.
Investors open 4.8m new A-share accounts in 1st quarter
2007-04-04 14:34:12
Investors opened 4.79 million new accounts for China's A-share stock exchanges in the first three months of this year.
More pension fund may be invested in stock market
2007-04-04 09:17:17
China may allow an additional 15 billion yuan of domestic corporate pension funds to be invested in the country's stock market this year.
ICBC profit shoots up 31.2%
2007-04-04 09:06:01
The Industrial and Commercial Bank of China (ICBC) yesterday reported a 31.2 percent jump in its 2006 profit.
Dabao sale inflames debate over local brands
2007-04-04 09:13:49
The 2.3-billion-yuan acquisition of Chinese cosmetics firm Dabao is set to be the biggest in the industry by value, and the successful bidder is likely to be announced soon.
Nasdaq hunting for business in China
2007-04-04 15:02:56
With a total of 40 Chinese companies now listed on the US Nasdaq exchange, representatives of the companies met with Nasdaq CEO Robert Greifeld in Beijing on Tuesday to celebrate.
High spirits at Moutai
2007-04-04 09:37:37
Kweichow Moutai Co posted a 32-percent gain in fourth-quarter profit on rising incomes that enabled people to drink more high-end liquor.