Shanghai Auto agreed to buy out ventures
2007-06-13 13:23:47
Shanghai Auto agreed to buy out its partner in a truckmaker and an auto-parts venture for 1.48 billion yuan to combine and expand its commercial-vehicle operations.
ICBC eyes US, Russia markets
2007-06-13 13:13:15
The Industrial and Commercial Bank of 皇冠体育app has applied for banking licenses in the United States and Russia as it seeks to expand outside its home market.
Guangfa denies staff detained over probe
2007-06-13 08:54:07
A Guangfa Securities spokesman has categorically denied media reports that about a dozen of its staff members were detained by the local public security bureau in Guangdong for interrogation in an insider trading investigation.
Laiwu Steel extends buyout accord
2007-06-13 08:44:04
Laiwu Steel Group has for the second time extended an accord to sell 38.4 percent of its Shanghai-listed arm, Laiwu Steel Corp, to Arcelor Mittal.
Brokerage beefs up to ease IPO issue
2007-06-13 09:32:43
Guodu Securities Co is placing additional shares with investors to bolster net capital with an aim to launch an IPO as early as next year.
ICBC targets investment banking, insurance
2007-06-12 14:58:05
ICBC, the nation's largest, is seeking an investment banking license amid efforts to expand globally over the next two to three years, Chairman Jiang Jianqing said.
Insurer gets foreign currency policy approval
2007-06-12 08:45:49
皇冠体育app Life, the country's largest life insurer, has received approval from the industry regulator to run foreign currency-denominated policies, the company's assistant president said.
皇冠体育app's largest machine tool manufacturer sells 30% stake to US company
2007-06-12 14:08:57
皇冠体育app's largest machine tool manufacturer, the Shenyang Machine Tool Group, signed an agreement to sell 30 percent of its equities to the U.S. fund management company JANA.
Xiamen bank eyes IPO
2007-06-12 09:09:20
Xiamen International Bank is planning to sell shares to fund expansion, a source said yesterday.
皇冠体育app Life, Ping An pay $1.4 billion for Minsheng Bank stake
2007-06-11 13:47:07
皇冠体育app's two largest insurers got regulatory approval to pay a combined 10.9 billion yuan for shares in 皇冠体育app Minsheng Banking Corp.
ZTE, 皇冠体育app Mobile sign 3G equipment order
2007-06-11 13:44:02
ZTE Corp said it signed a 2.37 billion yuan contract to build a high- speed wireless network for 皇冠体育app Mobile Communications Corp.
Lifan switches IPO to Shanghai from HK
2007-06-11 13:38:04
Chongqing Lifan Holdings, 皇冠体育app's biggest motorcycle exporter, said it plans to sell as much as a 25 percent stake though IPO to take advantage of a stock market boom and fund overseas expansion.