Steel firms ink strategic deal
2007-12-06 10:07:27
China's leading raw materials and service provider Sinosteel Corp yesterday signed a deal with the nation's largest steelmaker Baosteel, amid an industry push to consolidate.
Nation to continue tightening macro policy
2007-12-06 10:15:51
The government will continue to tighten macroeconomic regulation to prevent the economy from overheating, it said at the conclusion of the annual economic conference.
Major index up 2.6% led by large-cap stocks
2007-12-06 10:14:45
Stocks jumped 2.58 percent yesterday, led by PetroChina, widely expected to benefit from a proposed energy law allowing domestic prices of oil products to reflect market trends.
Baosteel 'quite likely' to bid for Rio Tinto
2007-12-05 10:34:05
China's largest steel manufacturer is "quite likely" to bid for mining giant Rio Tinto, Baosteel Group chairman Xu Lejiang said recently.
750b yuan special T-bonds to come next week
2007-12-05 15:43:27
The Chinese Ministry of Finance said it will issue 750 billion yuan (US$101.5 billion) in 15-year special treasury bonds on Tuesday.
Ping An gets offshore nod
2007-12-05 09:26:19
Ping An Insurance (Group) Co said yesterday it has been approved to invest up to 15 percent of its total assets abroad.
Shanghai Airlines to join Star Alliance
2007-12-05 09:55:30
Shanghai Airlines will officially join the Star Alliance group of airlines on December 12 in a solid move to expand its global reach, its chairman said yesterday.
China Everbright Bank plans IPO next summer
2007-12-05 14:42:44
China Everbright Bank plans an initial public offering next June or July on a stock exchange that has yet to be determined, the China Securities Journal reported Wednesday.
Pacific Online launches offer
2007-12-05 09:39:05
Mainland Internet service provider Pacific Online said it is confident its Hong Kong initial public offering (IPO) would not be affected by the recently sluggish IPO market.
China's economy to grow 11% in 2008: CICC
2007-12-04 17:09:13
China's economy is forecast to grow 11 percent in 2008 while the yuan will continue to appreciate, said China International Capital Corp in its latest analysis.
China Pacific Insurance's A share sale plan approved
2007-12-04 14:27:28
China Securities Regulatory Commission gave the nod on Monday to the A share initial public offering (IPO) plan of China Pacific Insurance (Group) Co Ltd.
Baosteel banks on share purchase
2007-12-04 10:16:29
Baoshan Iron and Steel Co (Baosteel), China's largest steelmaker, plans to purchase 120 million shares from Shenzhen Development Bank for 4.2 billion yuan.