Huiyuan juices up market after IPO

2007-03-01 10:21:05

Shares in China Huiyuan Juice, whose initial public offering (IPO) raised $308 million in Hong Kong, surged 66 percent in their market debut on February 23.

Suning profit jumps

2007-03-01 09:45:13

Suning Appliance Co Ltd said yesterday that its unaudited net profit rose 105 percent year-on-year to 720 million yuan for 2006.

Listed SMEs report rising profit

2007-03-01 13:38:19

China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to reports published on Wednesday.

Sinopec inks landmark deal

2007-02-27 08:55:43

Sinopec inked agreements to expand a petrochemical project and to jointly market its output with Saudi Aramco and Exxon Mobil.

Baosteel: No date on foreign listing

2007-02-27 09:19:19

Baosteel Group Corp, China's biggest steel producer, said yesterday it has not finalized an overseas listing plan.

Jiangnan case shows investors still wary of insider trading

2007-02-26 10:48:16

Jiangnan Mould and Plastic Technology Co last year inked a deal to sell 140 million shares at 1.38 yuan each to another company.

Minsheng raises US$2.3b in share sale

2007-02-26 10:14:04

China Minsheng Banking Corp raised US$2.3 billion by selling shares to a group of investors to help fund faster loan growth.

Former D'Long executive convicted of illegal fund raising

2007-02-16 15:23:05

Zhang Yeguang, one of the executives in the bankrupt D'Long business empire, has been proved guilty of illegal fund raising.

Refinery project gets greenlight

2007-02-16 09:30:15

China has approved a plan by the China National Petroleum Corporation (CNPC) to build a huge refinery in Guangxi in South China.

Talk of tax rebate cuts influences steel stocks

2007-02-16 09:17:13

Government proposals to cut tax rebates on exports for some steel products have created further doubt in the stock market.

China Yangtze Power eyes rival

2007-02-15 10:52:30

China Yangtze Power Co plans to buy a 45 percent stake in Hubei Provincial Energy Group Co for 3.1 billon yuan.

Bids for BoCom shares now open

2007-02-14 10:07:16

Corporate-owned shares in Bank of Communications (BoCom) have opened for bids in anticipation of the bank going public on the domestic stock market.