CCB may raise US$7.73b in upcoming IPO
2007-09-14 16:07:08
Hong Kong-listed China Construction Bank will net up to 58.05 billion yuan (US$7.73 billion) selling yuan-backed A-shares in Shanghai.
Coal firm plans record Shanghai share sale
2007-09-14 15:22:17
Shenhua Energy, China's largest coal producer, announced that it planned to issue up to 1.8 billion A shares for a listing in Shanghai.
First stock-oriented QDII fund doubles sales limit
2007-09-15 09:59:48
China's first overseas stock-oriented QDII (qualified domestic institutional investor) fund has been given approval to increase its fund sales limit to 30 billion yuan (US$4 billion).
Mainlanders may start direct investment in HK in October
2007-09-13 16:52:51
Individual investors from the Chinese mainland are likely to be able to start trading in Hong Kong shares next month.
China fund raises 50b yuan in one day
2007-09-13 15:40:27
A Chinese investment management company raised at least 50 billion for an overseas equity fund in a single day.
Mengniu Dairy sales reach 10b yuan
2007-09-13 14:07:55
Products of China Mengniu Dairy are displayed at a food & drink exhibition in Shanghai on May 10. Mengniu said first-half profit surged 41 percent on soaring demand for dairy products. [newsphoto]
Alcoa sells stake in China's Chalco for US$2 billion
2007-09-13 12:42:28
Alcoa Inc, the biggest US aluminum producer, has sold its nearly 7 percent stake in China's largest aluminum maker for US$2 billion.
CITIC Securities to merge fund firms
2007-09-13 10:02:19
CITIC Securities, China's biggest listed brokerage, said on Thursday it would merge its two fund management firms to strengthen the business.
CITIC Securities wins private equity approval
2007-09-11 11:40:27
CITIC Securities said on Tuesday it had won approval to operate a private equity business on a trial basis.
Sino-Ocean Land to raise HK$12b from share sale
2007-09-11 09:54:00
Sino-Ocean Land Holdings Ltd is seeking HK$11.9 billion in a Hong Kong share sale as real estate prices surge on the mainland.
Bank of Beijing sets IPO target at 15b yuan
2007-09-11 09:48:58
Bank of Beijing said yesterday it will raise as much as 15 billion yuan (US$1.99 billion) in a Shanghai initial public offering (IPO).
Blackstone takes 20% in BlueStar
2007-09-11 09:13:13
Private equity firm Blackstone Group will spend US$600 million for a 20 percent stake in China National BlueStar (Group) Corp.