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Sina to purchase 4% of Tudou

2011-08-23 10:33:23

Sina Corp, China's biggest Internet portal, has entered into an agreement with Tudou Holdings Ltd to buy a 4 percent stake in the country's second-largest online video website.

Long Ping grows larger

2011-08-23 10:00:50

Yuan Long Ping High-Tech Agriculture Co Ltd (Long Ping High-Tech) will invest in a number of processing facilities for corn and rice seeds and pepper products this year.

BofA to maintain stake of at least 5% in CCB

2011-08-23 09:40:51

China Construction Bank Corp (CCB), the world's second-largest lender by market capitalization, said Bank of America Corp (BofA) would continue to hold no less than 5 percent of CCB's shares.

CCB enjoys excellent operating result

2011-08-23 08:56:42

China Construction Bank (CCB) has achieved excellent operating result in the first half of 2011, thanks to the increase of net interest income and intermediary business.

US listed solar firms' performance decline

2011-08-22 18:14:08

Some US listed photovoltaic companies' interim reports show performance declines during the second quarter. The decline is believed to be influenced by shrinking demand in the European market, China Business News reported Monday.

Group-buying website promises better services

2011-08-22 17:46:26

Group-buying website, 55tuan.com, has promised to refund money to customers dissatisfied with the services they have paid for or the products they have bought, CEO Xu Maodong announced at a press conference held in Beijing Friday.

China Resources Power net profit marginally up

2011-08-22 17:27:49

China Resources Power Holdings Co on Monday reported a marginal 1 percent increase in its first-half net profit, as higher fuel costs eroded the impact of an increase in power output.

China's FAW rolls out first batch of new energy vehicles

2011-08-22 16:30:23

Major Chinese automaker First Automobile Works (FAW) on Monday launched the first batch of its independently-developed new energy vehicles.

CNPC terminates 6 overseas projects

2011-08-22 15:01:01

China National Petroleum Corp (CNPC), the country's largest oil and gas producer, terminated six exploration projects in Libya and Niger amid ongoing political turbulence in the Middle East and North Africa.

Bikini show on yacht

2011-08-22 14:58:04

A bikini show is held on an Azimut yacht at a port near the Oriental Pearl TV Tower in Shanghai, Aug 20, 2011.

Great Wall Motor may miss 2011 sales target

2011-08-22 14:53:41

Great Wall Motor Co Ltd said on Monday that it may not be able to achieve its sales target for 2011 amid slowing growth in China, the world's largest auto market.

Service seeks road to success

2011-08-22 11:00:39

Beijing Uni-Strong Science & Technology Co Ltd is poised to become China's Apple Inc - or, at least an Apple-oid - in the country's navigation industry.