China cracks down on illegal share issues

2008-01-07 08:29:46

Four powerful departments yesterday jointly issued a new rule to strengthen the crackdown on illegal securities business, which is rising in the wake of a bullish stock market.

China Merchants Bank estimates 2007 profit up 110%

2008-01-08 14:31:33

China Merchants Bank's 2007 net profit soared 110 percent year-on-year to about 14.9 billion yuan, the bank said on Tuesday.

Gome eyes mainland listing

2008-01-08 11:33:25

China's top appliance retailer Gome is gearing up to mainland listing and is waiting for regulator's approval, its spokesperson said.

China Eastern worries over vote

2008-01-08 12:10:20

In a rare movement, China Eastern Airlines said it foresaw "a gloomy results from a vote on the proposed sale of shares to Singapore Airlines and Temasek."

Oil producer closes in on small plants

2008-01-08 11:31:08

China National Offshore Oil Corp plans to buy small refineries in Shandong province to expand its oil processing business.

China Life shares unlocked

2008-01-08 11:34:20

China Life Insurance Co said 600 million additional shares would be available for public trading in Shanghai on January 9.

CNAC offers higher price for China Eastern

2008-01-07 08:40:02

China National Aviation Corp plans to a make a counter offer of HK$5 per share for Eastern if shareholders reject a Singaporean deal.

Shares up amid slumping Asian stock markets

2008-01-07 17:32:37

Chinese share prices continued the up trend set in the year's first trading week, with the Shanghai Composite Index gaining 31.77 points to 5,393.34 on Monday.

Dongguan bank appoints Goldman Sachs JV as IPO advisor

2008-01-07 14:31:18

Dongguan City Commercial Bank said it has appointed Goldman Sachs Gao Hua Securities Co as its advisor for a planned domestic IPO.

Steel maker slashes emissions for Olympics

2008-01-06 10:45:18

Beijing Shougang Group put out the fire in one of its four blast furnaces, as part of its pledge to cut its normal output by half during the Olympics.