SAIC Motor ranks 1st in domestic vehicle sales

2008-01-09 16:41:23

China's Shanghai Automobile Industry Corporation (SAIC) sold more than 1.69 million motor vehicles in 2007, a growth of 25.8 percent over the previous year.

CNPC to have command center on oil dispatch

2008-01-09 16:23:40

China National Petroleum Corporation will install a command center on the distribution of refined oil products this year to improve supply efficiency amidst oil shortage.

Securities firms post strong earnings in 2007

2008-01-10 10:34:39

The number of Chinese securities firms with an annual stock turnover of more than one trillion yuan rose to 21 in 2007 from two in the previous year.

Gold futures add luster to Shanghai

2008-01-10 09:01:44

The debut of gold futures trading yesterday marked a milestone in the development of China's financial market and Shanghai as an international center.

Share prices recover after weak opening

2008-01-09 17:30:31

After opening weaker on Wednesday, Chinese shares regained ground, with the Shanghai Composite Index edging up 49.28 points, or 0.91 percent, to close at 5,435.81.

Airline's share sale rejected

2008-01-09 10:02:52

China Eastern Airlines said yesterday that it would not merge with Air China despite its failure to secure shareholders' support for a proposed share sale to Singapore Airlines.

CNPC to add stations

2008-01-09 09:35:13

China National Petroleum Corp (CNPC), the country's largest oil producer, plans to open 60 gasoline and natural gas filling stations in Chongqing to boost business in the region.

Huaneng output powers up 16%

2008-01-09 10:12:57

China Huaneng Group, the nation's largest power producer, said yesterday it produced 16 percent more electricity last year, after adding plants to meet rising demand.

Gold futures jumps higher upon debut

2008-01-09 10:47:45

China's gold futures contracts began trading today at Shanghai Futures Exchange as all contracts surged higher.

Listing lift for China Coal

2008-01-09 10:25:02

The securities regulator will review the plan for China Coal Energy Co to sell 1.53 billion yuan-denominated A shares on Friday, giving its H shares a boost.

Top 10 M&A bids in 2007 picked

2008-01-08 10:32:49

Last year witnessed hectic merger and acquisition activity, with blockbuster buyout deals often altering the competitive landscape in a number of industries.

Morgan Stanley to offload CICC

2008-01-08 07:21:33

US financial services firm Morgan Stanley plans to sell its entire stake in China International Capital Corp (CICC), the nation's first investment bank, sources close to the two companies said yesterday.