Online clothing retailer plans US listing

2008-03-07 09:37:09

Online clothing retailer PPG said yesterday it plans to list in the US toward the end of this year or in early 2009, either on the New York Stock Exchange or the NASDAQ.

Index rises 1.6% on stamp tax comment

2008-03-06 17:16:32

Mainland stocks went up more than one percent on Thursday, echoing the financial regulator's comments on stamp tax, but worries still remain on Ping An's record share sale.

Sluggish stocks spur new interest in bonds

2008-03-06 10:53:48

Investors are turning to bonds and other alternative investment vehicles amid a lackluster stock market.

Port of Qingdao plans A-share listing

2008-03-06 11:56:48

Port of Qingdao (Group) Co Ltd will hold its A-shares initial public offering (IPO) this year, board chairman and president Chang Dechuan said.

BOC cuts subprime securities

2008-03-06 11:19:46

Bank of China Ltd (BOC), the Chinese lender with the largest portfolio of subprime-related investments, has sold some of those securities, Chairman Xiao Gang said.

Rules on growth enterprises board to come

2008-03-06 14:59:02

Preparations for China's first growth enterprises board are close to completion, and a draft of its management regulations will be released as early as in April.

Cathay Pacific may raise stake in Air China to 20%

2008-03-06 12:06:54

Cathay Pacific Airways Chairman Christopher Pratt said he hasn't ruled out plans to raise its stake in Air China up to 20 percent.

Ping An's refinancing plan approved

2008-03-06 09:07:35

Ping An won shareholder approval for a revised, smaller refinancing plan, which would involve issuing about 80 billion yuan worth of shares and 40 billion yuan of convertible bonds.