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SAIC Motor plans to shift stake to parent

2007-03-14 15:59:18

SAIC Motor Corp, China's largest carmaker, plans to transfer its holdings in a listed unit, Shanghai Automotive Co, to its State-run parent.

Shanghai ready for zinc trading

2007-03-14 15:26:10

Shanghai Futures Exchange will start zinc trading late this month to provide more hedging and arbitrage tools to domestic industries.

Hongyuan Securities allowed to expand business scope

2007-03-14 15:09:21

Hongyuan Securities Co has won a regulatory nod to manage retail investors' assets and trade up-coming financial derivatives.

Oaktree opens in Beijing

2007-03-14 14:19:24

Oaktree Capital Management LLC, a leading investment management firm, opened its first mainland office in Beijing yesterday.

Reform won't hurt bond rating: CDB

2007-03-14 14:04:16

The ongoing reform of the China Development Bank (CDB) will not affect its bond rating, as government policies will not change.

Mengniu becomes official Boao Forum sponsor

2007-03-14 10:28:47

Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd said yesterday it had been named official sponsor of the Boao Forum for Asia.

New China Life postpones IPO

2007-03-14 10:24:27

New China Life Insurance, the country's fourth-largest life insurer, postponed its $1 billion initial public offering until at least 2009.

Deutsche Bank offers to buy 40% of Sanjiu

2007-03-14 10:19:14

A group of investors led by Deutsche Bank AG has offered 4 billion yuan for a 40 percent stake in Sanjiu Enterprise Group.

Bank loan bar 'vital' for health of bourses

2007-03-14 10:10:38

The move to stamp out the practice of siphoning off bank loans for stock market speculation is set to have a positive impact in the long run.

Haier marches on in int'l market

2007-03-13 17:02:04

Haier Group will continue to implement its "global strategy" to capture a bigger share in the overseas home appliance market.

Ajisen to go public

2007-03-13 17:07:48

Restaurant chain operator Ajisen (China) Holdings plans to raise up to US$210 million in a Hong Kong initial public offering this month.

Arcelor Mittal bid to buy Laiwu nixed

2007-03-13 10:49:02

China has reportedly rejected the proposed purchase of Laiwu Steel Corp by international steel giant Arcelor Mittal.

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