Hutchison Whampoa Ltd posted a 50 percent gain in second-half profit as losses from high-speed phone services shrank and earnings from energy and ports increased.
Chinese consumers prefer local brands to foreign ones, with domestic products the top choice in 39 of 57 categories, or 68 percent, in a recent survey.
Shanghai stock market ended lower yesterday as China Pacific Insurance became the first major share to fall substantially below its IPO price since a suspension of IPOs was lifted in mid-2006.
China's insurance regulator is striving to develop a micro insurance market in rural areas, in a move to help farmers and low-income families better manage risks.
China Life Insurance Co, the nation's largest insurer, said it invested $300 million in Visa Inc's initial public offering, and plans further investments in the US and Europe to diversify its portfolio.
While many Chinese entrepreneurs look to top foreign companies for guidance, Huang Tianwen couldn't find the right business on which to model his company.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
