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BYD surges in Shenzhen debut

2011-07-01 10:36:16

BYD Co, the Chinese automaker part- owned by Warren Buffett's Berkshire Hathaway Inc, surged on its trading debut in Shenzhen on Thursday amid speculation it may benefit from government funding for electric-vehicle development.

Geely raises 1b yuan through bond sale

2011-07-01 09:51:20

China's Geely Automobile has raised 1 billion yuan ($153.8 million) through a corporate bond sale aimed at financing the carmaker's development of core technologies on auto parts and auto electronic systems, company officials said Thursday.

PepsiCo looking to farm Chinese market

2011-07-01 09:36:16

PepsiCo Inc, the world's second-largest food and beverage company, is planning to establish new farms in China.

China Exim Bank aims to be multinational

2011-06-30 16:33:12

The Export-Import Bank of China, one of the country's three policy banks, said on Thursday that it intends to develop itself into a large multinational financial institution over the next five years.

China to release self-developed aircraft engine

2011-06-30 15:23:31

An overall design plan for an indigenously developed large passenger-jet engine is expected to be released by the end of the year, the Commercial Aircraft Corporation of China (COMAC) confirmed Thursday.

Sports apparel maker to redefine 'athlete'

2011-06-30 11:14:59

Under Armour Inc, a US maker of sports clothes and accessories, is beginning to test the waters in the Chinese market while planning to give Chinese consumers a broader definition of what constitutes an athlete.

Developer puts transport hub on fast track

2011-06-30 11:04:10

The developer of Xintiandi, Shui On Land Ltd, looks to profit from the construction boom in China's high-speed rail network by building a commercial complex adjacent to Hongqiao International Airport and Hongqiao Railway Station in Shanghai.

Steel producer to more than double output

2011-06-30 10:44:25

China Gerui Advanced Materials Group Ltd, a Chinese maker of high-precision, cold-rolled strip steel listed on the NASDAQ index, started work on Wednesday on production lines that will allow it to make 300,000 tons more of its chief product a year.

China's CAS and ICBC Leasing buy 88 A320 aircraft

2011-06-29 16:27:46

China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co Ltd (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft.

Suning to raise stake in Japan's Laox

2011-06-29 15:06:03

Suning Appliance Co, China's largest consumer electronics retailer, announced Tuesday it will raise its stake in Laox Co, a Japanese home appliance chain, to 51 percent.

Corning sets up research center on mainland

2011-06-29 11:29:25

Corning Inc started its first joint venture laboratory on the Chinese mainland on Tuesday in partnership with a well-known ceramics institute in Shanghai.

Pork producer's shares slide

2011-06-29 11:27:06

China Yurun Food Group Ltd dropped in Hong Kong trading, extending the company stock's record 20 percent plunge on Monday.