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China Shipping Container Lines sees loss in H1

2011-07-28 10:14:39

China Shipping Container Lines Co Ltd said it would swing to a net loss for the first half of 2011 from a profit a year ago, with the international container market adversely affected by the debt crisis in Europe.

Ford China's new hand on the wheel

2011-07-28 10:13:30

Joe Hinrichs, the new chairman and chief executive officer of Ford China, is a man of relentless energy.

Noodle chain extends list of food scandals

2011-07-28 10:10:33

Ajisen Ramen, one of China's largest fast food restaurant chains, is embroiled in a food safety scandal after allegations came to light of the chain misrepresenting its products

Microsoft to add R&D staff

2011-07-28 09:51:14

Microsoft plans to add 750 employees to its research operations in the Asia-Pacific region during H2.

Gaming companies make overseas play

2011-07-28 09:08:34

An increasing number of Chinese online games are expected to gain an overseas presence in the next few years, supported by government policies.

Geely's liabilities surge to 71b yuan

2011-07-27 16:52:20

China's Geely Automobile Holdings Ltd announced that it will raise 1 billion yuan ($153.8 million) through a corporate bond sale aimed at repaying its bank loans and supplementing the operating capitals, chinanews.com reported Tuesday.

Jaguar and Land Rover H1 sales up 48%

2011-07-27 16:01:47

Tata Motors' Jaguar and Land Rover said on Wednesday it sold 48 percent more vehicles in China in the first half compared to the same period a year earlier.

Mongolia miner signs coal deal with Chalco

2011-07-27 15:49:27

Mongolia's state-owned miner Erdenes Tavan Tolgoi (TT) LLC has signed a $250 million deal to sell coal from the east Tsankhi deposit to Aluminium Corp of China Ltd, also known as Chalco, it said in a statement on Wednesday.

Founder Securities plans $1b Shanghai IPO

2011-07-27 10:35:59

Founder Securities, the Chinese partner of Credit Suisse, has set a suggested price target to raise up to 6.42 billion yuan ($996 million) from its planned initial public offering (IPO) in Shanghai, International Financing Review (IFR) reported on Tuesday.

Sun Art surges 25% after $1.1b IPO

2011-07-27 10:33:12

Chinese top hypermarket operator Sun Art Retail Group Ltd jumped 25 percent on its trading debut on Wednesday following a $1.1 billion Hong Kong IPO as investors bid up the shares, betting on strong growth in Chinese mainland's consumer demand.

Carlyle selling up to $1b CPIC stake

2011-07-27 10:30:20

US private equity fund Carlyle Group is selling 250 million shares, or nearly a third of its holding, in China Pacific Insurance Group Co Ltd(CPIC) for up to $1 billion, International Financing Review (IFR) reported on Tuesday.

Huaibei Coal gets ready for Shanghai listing

2011-07-27 10:00:19

Huaibei Mining Group Co Ltd, one of the 13 national coal production bases in China, said it will complete its domestic initial public offering to raise 8.5 billion yuan ($1.3 billion) by the end of 2011.